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Finally a stock market system that works, and the best part is, it's all done for you! Based upon proprietary content that has been back-tested over 40 years of actual trading. MktMetrics is a Pattern Recognition algorithmic trading program that provides next day's advance market decisions several hours before the NYSE Open, so you can trade with confidence the pre-market action according to indicators provided.
Thursday, February 16, 2017
Information provided by: www.MktMetrics.com Premium
MktMetrics.com publishes its information by 7:00pm PT/10:00pm ET, providing our subscribers reliable advance market indication of what to expect the next trading day.
Best Ideas Today
ADI
ARGT
CBI
CHFN
CHH
CPL
CVY
ECPG
EET
ETO
EWO
EXI
FBRC
GS
HEDJ
HTGC
JD
MMM
NTCT
NXTM
PFG
RJF
TSE
TWI
WYN
Good luck and good trading!
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Monday, December 12, 2016
The Fed is raising rates this week, Banks will go up!
Big Banks & Regional Banks (Symbol: KRE)
Today's Date: 12/12/16
Last Updated: 12/09/16
BAC S/BUY 100/ 0.44(2)= 0.88 99D 0.39(3)= 1.17 0.63+ 0.29D
BANF S/BUY 100/ 2.45(2)= 4.90 98D 1.50(3)= 4.50 0.86+ -0.40D
BBT BUY 100/ 0.57(2)= 1.14 99U 0.91(3)= 2.73 0.68+ 1.59U
BK BUY- 98- 0.80(2)= 1.60 92D 0.69(3)= 2.07 0.25+ 0.47D
BOH BUY 96+ 1.23(2)= 2.46 96U 1.65(3)= 4.95 0.51+ 2.49D
C S/BUY 100/ 1.11(2)= 2.22 97D 1.01(3)= 3.03 0.78+ 0.81D
CBSH S/BUY 100/ 0.65(2)= 1.30 98U 1.24(3)= 3.72 0.78+ 2.42D
CFR BUY 100/ 1.37(2)= 2.74 93D 1.37(3)= 4.11 0.66+ 1.37D
CIT BUY 79+ 0.61(2)= 1.22 93U 0.81(3)= 2.43 0.39+ 1.21U
CMA BUY 100/ 1.54(2)= 3.08 98D 1.04(3)= 3.12 1.19+ 0.04D
EGBN S/BUY 100/ 1.35(2)= 2.70 99U 1.15(3)= 3.45 1.03+ 0.75D
FFIN S/BUY 100/ 1.04(2)= 2.08 92D 0.65(3)= 1.95 0.67+ -0.13D
FITB BUY 100+ 0.49(2)= 0.98 97D 0.38(3)= 1.14 0.46+ 0.16D
GS S/BUY 100/ 4.59(2)= 9.18 99U 3.12(3)= 9.36 2.79+ 0.18D
JPM BUY- 100/ 1.11(2)= 2.22 99U 1.36(3)= 4.08 1.05+ 1.86D
KEY BUY 100/ 0.40(2)= 0.80 98D 0.35(3)= 1.05 0.46+ 0.25D
KRE S/BUY 100/ 0.70(2)= 1.40 99D 0.66(3)= 1.98 0.89+ 0.58D
MS S/BUY 100/ 0.92(2)= 1.84 99D 0.81(3)= 2.43 0.65+ 0.59D
MTB S/BUY 100/ 1.98(2)= 3.96 99D 2.42(3)= 7.26 1.56+ 3.30D
NTRS S/BUY 100/ 1.47(2)= 2.94 97D 0.79(3)= 2.37 0.94+ -0.57D
OZRK BUY 92- 1.10(2)= 2.20 95D 1.31(3)= 3.93 0.92+ 1.73D
PNC BUY- 100/ 1.44(2)= 2.88 98U 1.45(3)= 4.35 0.95+ 1.47D
SBNY BUY 95- 3.52(2)= 7.04 95D 2.57(3)= 7.71 1.46+ 0.67D
SIVB BUY 100+ 3.74(2)= 7.48 98D 4.57(3)= 13.71 2.31+ 6.23U
STI S/BUY 99+ 0.97(2)= 1.94 97D 0.79(3)= 2.37 0.56+ 0.43D
STT S/BUY 99- 1.41(2)= 2.82 91D 1.15(3)= 3.45 0.40+ 0.63D
TMP BUY 100/ 2.03(2)= 4.06 98U 2.78(3)= 8.34 1.35+ 4.28D
USB S/BUY 100+ 0.52(2)= 1.04 98D 0.48(3)= 1.44 0.57+ 0.40D
WABC S/BUY 100/ 0.86(2)= 1.72 99U 1.08(3)= 3.24 0.81+ 1.52D
WFC BUY- 100+ 0.99(2)= 1.98 96D 0.75(3)= 2.25 0.86+ 0.27D
WSBC S/BUY 100/ 0.79(2)= 1.58 99D 0.91(3)= 2.73 0.82+ 1.15D
100% 99% 97% 0.91 1.16
AVERAGE: 99% KEY: 52%-100% = Positive, 48%-0% = Negative
Good luck and good trading!
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Sunday, November 27, 2016
Stock Market Key Metrics, "SELLS" of the Week, DIA and SPY Monday Forecast, Tracking SPDR 13 SELECT SECTORS ETFs, Calendar of Economic Events & Corporate Earnings
Information provided by: www.MktMetrics.com Premium
Friday November 25, 2016 DJIA Closed: 19152.14 +68.96 vs. 18867.93 -35.89 Prior week, 3.19% ABOVE its RISING 21-day moving average of 18395.03 vs. 18395.03 Prior week. (Overbought: Above 21-DMA +4.61 reached on 10-23-15) vs. (Oversold: Below 21-DMA -6.21% reached on 1-15-16 (Historic High: 10.56% on 3-26-09 vs. Historic Low: -26.03% on 5-7-10). Upper 3.5% band: Rose 19210.30U vs. Lower 3.5% band: Rose 17911.00U
DIA Trend: 8-day M/A 189.67U vs. 21-day M/A 185.51U Spread: 4.16D vs. 4.58U Prior Week ("M/A Trend Crossover BUY Signal" occurred on 11-9-16.) (Historic High Spread: +5.30 11-7-14 / Historic Low Spread: -7.14 8-15-11). (*A Favorite Indicator as the Spread acts as an early warning signal of a shift in portfolio positions by smart money moving in, or out, of the DIA.)
DIA Price Volatility: Decreased Friday -0.28 Down from 1.05 Wednesday.
(Historic High: 35.10 8-25-15, Low: -10.76% 8-31-15)(5.30+ is considered High Volatility on the immediate horizon. Move to the sidelines when this occurs.)
DIA Proposed Range: Monday 0.68 vs. 0.36 Actual Range Friday.
(Historic High: 4.31 3-31-09 / Historic Low: 0.60% 7-19-16) (*When the Proposed Range is 0.99 or below, expect an immediate high volatility day, up or down.)
DIA Price Momentum: Rose 81%U vs. 58%D Prior week (Historic High: 100% 2-22-12, 97% 4-22-16 / Historic Low: 3% on 9-4-15, 3% 8-21-15, 3% 8-19-11, 3% 6-30-09, and 3% on 10-22-08)
DIA MACD: MACD Crossover "BUY" Signal on 11-9-16. Buy remains in effect.
DIA 5-Day Stochastic%D: Rose 82U vs. 77D Prior week (Historic High: 100 / Historic Low: 0)
DIA Relative Strength 14-Day: Overbought 94%U vs. 75%U Prior week
(High 100 3-19-10 / Low 0 7-6-10 & 8-10-11) (Overbought =+75) / (Oversold =-25)
DIA Commodity Channel Index: Rose 133U vs. 61D Prior week (Overbought: =>+200 / Oversold: =<-200>) (Historic High: 309.49 12-12-14, 306 11-4-10 / Historic Low: -318 5-6-10, -312 8-21-15.)
McClellan Oscillator: Rose 177.93U vs. 69.34U Prior week (an overbought / oversold indicator.) (Historic High: 386.03 1-6-09 & 332.00 3-3-16 / Historic Low: -438.08 8-8-11)
Summation Index: Rose 1104.45U vs. 450.73U Prior week ("Bull Market Breakout" +2500.00 / "Bear Market Breakdown" -2500.00)(Historic High: 5599.98 9-22-09 / Historic Low: -4699.43 11-20-08)
DIA Outlook: Rose 74%U vs. 70%U Prior Week (*A Favorite Indicator as it tracks Institutional Sentiment.) (Historic High: 98% 7-22-16 / Historic Low: 2% 3-11-09)
DIA Probability of Being "UP" Monday, 11-28-16: 16%D vs. 68%U Last Monday
(a reading of 52+ is positive, a reading of 48- is negative) (Historic High: 100 / Historic Low: 0)
Dow 30 + DIA: 23 Buy vs. 8 Sell, Rose 74%U vs. 68%D Prior Week. (A reading of 52+ is Positive, a reading of 48- is Negative.) (*A Favorite Indicator as its direction most often predicts near term market action.) (an 87%+ reading is Overbought, 97% was reached 7-22 & 7-15-16); (a 13% reading is Oversold, reached on 12-3-15 & 6-15-15, 10% on 8-26-15, 6% on 9-11-15.) (Historic High: 100 / Historic Low: 0)
DIA Directional Indicator: Rose 72U vs. 55U Prior Week (Historic High: 133 10-28-15 / Historic Low: -117 8-26-15)
SPY Directional Indicator: Rose 55U vs. 33U Prior Week (Historic High: 149 10-28-15 / Historic Low: -127 8-26-15)
QQQ Directional Indicator: Rose 8U vs. 1U Prior Week (Historic High: 121 10-28-15 / Historic Low: -71 1-8-16)
IWB Directional Indicator: Rose 32U vs. 11U Prior Week (Historic High: 94 11-14-14 / Historic Low: -87 8-28-15)
IWM Directional Indicator: Rose 96U vs. 62U Prior Week (Historic High: 91 11-14-14 / Historic Low: -87 8-28-15)
IWM/IWB Computation: (IWM Close: 134.07U vs. IWB Close: 123.48U) Ratio: Rose 1.086U vs. 1.076U Prior Week (Small Cap Relative Strength Ratio is calculated taking the daily closing value of the Russell 2000 Index, and dividing it by the Russell 1000. If the line moves upward, then the Russell 2000 is outperforming on a relative basis.
That can mean going up faster, or going down more slowly. If the line is moving downward, then the small cap universe is generally doing worse than the large caps, on a relative basis. (*A Favorite Indicator as the Ratio points to a shift in portfolio positions by risk capital investors moving in, or out, of Small Cap stocks.)
S&P 500 Dividend Aristocrats (SPDAUDP Close: Rose 959.49U vs. 944.03U Last Week) Directional Indicator: Rose 180U vs. 57U Prior Week (Historic Close High: 997.68 7-14-16 / Historic Price Low: 794.14 1-20-16) (*A Favorite Indicator: Interest Sensitive Investment).
SPDR S&P Dividend ETF (SDY)Close: 85.75U vs. 84.09U Last Week) (Directional Indicator: Rose 53U vs. 34U Prior Week) (Historic High: 86.54 8-15-16 / Historic Low: 66.86 1-20-16)
DIA Levels
DIA Resistance: Rose 193.27U
DIA Support: Rose 186.62U
DIA and SPY Monday Forecast
Symbol: DIA
Exchange: NYSEArca
Description: Diamonds (Dow 30 Exchange Traded Fund)
DIA 11/25/16 Final Numbers
(Open) 191.09
(High) 191.34
(Low) 190.98
(Close) 191.30
(Range) 0.36
DIA 11/28/16 Forecast
Opening Fair Value: 191.17
Today's Predicted High: 191.64
Today's Predicted Low: 190.96
Today's Proposed Range: 0.68
Buy/Sell Rating: Buy
BULLISH PRICE TREND
Binary Ladder Pricing
191.98 Upside Potential R2
191.64 Upside Potential R1
191.51 High Level R2
191.40 Low Level R1
191.17 Pivot Point
190.96 High Level S1
190.83 Low Level S2
190.62 Downside Potential S1
187.27 Downside Potential S2
Symbol: SPY
Exchange: NYSEArca
Description: SPDR S&P 500 Exchange Traded Fund
11/25/16 Final Numbers
(Open) 188.88
(High) 188.95
(Low) 188.32
(Close) 188.46
(Range) 0.63
SPY 11/28/16 Forecast
Opening Fair Value: 221.29
Today's Predicted High: 222.07
Today's Predicted Low: 220.97
Today's Proposed Range: 1.10
Buy/Sell Rating: Buy
BULLISH PRICE TREND
Binary Ladder Pricing
189.67 Upside Potential R2
189.41 Upside Potential R1
189.25 High Level R2
189.07 Low Level R1
188.64 Pivot Point
188.04 High Level S1
187.86 Low Level S2
187.25 Downside Potential S1
185.10 Downside Potential S2
SPDR 13 Select Sector ETFs
WEEKLY COMPARISONS
Week ending November 25, 2016
82% XLF (Financials)
78% XLB (Materials)
72% XTL (Telecommunications)
68% XLE (Energy)
66% XRT (Retail)
65% XLI (Industrials)
58% XBI (Biotech)
53% GXC (China)
50% XLK (Information Technology)
49% XLU (Utilities)
46% XLV (Healthcare)
40% XLY & XLP (Consumer Discretionary & Staples combined)
36% XLRE (Real Estate)
AVERAGE: 59% KEY: 52%-100% = Positive, 48%-0% = Negative
Week ending November 18, 2016
80% XLF (Financials)
65% XLB (Materials)
62% XTL (Telecommunications)
60% XLI (Industrials)
58% XRT (Retail)
58% XLE (Energy)
56% XBI (Biotech)
48% GXC (China)
46% XLK (Information Technology)
42% XLU (Utilities)
41% XLV (Healthcare)
34% XLY & XLP (Consumer Discretionary & Staples combined)
31% XLRE (Real Estate)
AVERAGE: 52% KEY: 52%-100% = Positive, 48%-0% = Negative
Week ending November 11, 2016
80% XLF (Financials)
63% XLB (Materials)
61% XLI (Industrials)
60% XBI (Biotech)
57% XRT (Retail)
57% XTL (Telecommunications)
51% XLV (Healthcare)
47% XLE (Energy)
46% XLK (Information Technology)
45% GXC (China)
42% XLU (Utilities)
36% XLRE (Real Estate)
29% XLY & XLP (Consumer Discretionary & Staples combined)
AVERAGE: 52% KEY: 52%-100% = Positive, 48%-0% = Negative
Week ending November 4, 2016
55% XLU (Utilities)
46% XTL (Telecommunications)
43% XLF (Financials)
40% GXC (China)
37% XLRE (Real Estate)
32% XLE (Energy)
32% XLB (Materials)
30% XLK (Information Technology)
26% XLI (Industrials)
23% XLV (Healthcare)
23% XBI (Biotech)
17% XRT (Retail)
11% XLY & XLP (Consumer Discretionary & Staples combined)
AVERAGE: 32% KEY: 52%-100% = Positive, 48%-0% = Negative
Selected Stocks this Week to SELL/Sell-Short (11-28-16 to 12-2-16) "BEARISH":
AGG, AGNC, AU, BFK, BIV, BND, EMB, GDX, GDXJ, GLD, GOLD, HLF, HSIC, IAU, IGOV, ITM, JO, KRG, LQD, MBB, PCRX, PIN, SDOW, SLV, SLW, TIP, TLH, TV, UA, USLV, UVV.
Good luck and good trading!
MktMetrics is free to use!
We also have Premium Subscriptions at $39.95/month.
Calendar of Economic Events and Corporate Earnings:
Next week's earnings calendar will bring some of the month's most highly anticipated data releases, including the preliminary third-quarter gross domestic product (GDP) reading, and the all-important nonfarm payrolls report. The Federal Reserve will also be in focus, with the release of the Beige Book due Tuesday, and a number of Fed officials slated to speak throughout the week. On the earnings front, this season is winding down, but among notable names due to report are retailer American Eagle Outfitters (AEO) and grocer Kroger (KR).
The week kicks off on Monday, Nov. 28 with no major economic reports slated for release. Fang Holdings (SFUN) and Shoe Carnival (SCVL) are among a short list of companies due to report quarterly earnings.
Federal Reserve Vice Chair Stanley Fischer will give a speech before the open on Tuesday, Nov. 29. The preliminary third-quarter GDP reading will be released, as will S&P CoreLogic Case-Shiller home price index and the Conference Board's consumer confidence survey. Plus, New York Fed President William Dudley is due to speak. Stepping into the earnings confessional will be Autodesk (ADSK), Mallinckrodt (MNK), Nutanix (NTNX), Splunk (SPLK), and Tiffany & Co (TIF).
The ADP private-sector employment report, the Chicago purchasing managers index (PMI), weekly crude inventories, and pending home sales are due for release Wednesday, Nov. 30, as is the Fed's Beige Book. Stepping up to the mic throughout the day will be Dallas Fed President Robert Kaplan, Cleveland Fed President Loretta Mester, and Fed Governor Jerome Powell. AEO, Box Inc (BOX), Guess? (GES), and La-Z-Boy (LZB), will reveal their quarterly earnings.
Thursday, Dec. 1 will bring a slew of economic data, including motor vehicle sales, weekly jobless claims, the purchasing managers manufacturing index (PMI), the Institute for Supply Management's (ISM) manufacturing index, and construction spending. Cleveland Fed President Loretta Mester will speak again on Thursday, as well. Taking their turns in the earnings spotlight will be Ambarella (AMBA), Dollar General (DG), Express (EXPR), Five Below (FIVE), KR, Smith & Wesson (SWHC), Ulta Salon (ULTA), Workday (WDAY), and Zumiez (ZUMZ).
The week will wrap up on Friday, Dec. 2 with the release of data on the employment situation for November, including the crucial nonfarm payrolls report, as well as a speech from Fed Governor Daniel Tarullo. Rounding out the week's earnings releases are Big Lots (BIG) and Fred's (FRED).
MktMetrics, Inc. Web Partners include:
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Lightspeed Trading, LLC provides securities and direct access brokerage, trading, and order routing services. It offers Lightspeed Trader, a market access trading system for executing equities, options, and futures. The company also provides Lightspeed Risk, an equity risk management application for monitoring profit and loss, and stock activities and positions. It was formerly known as E*TRADE Professional Trading, LLC and changed its name to Lightspeed Trading, LLC in 2006. The company is based in New York, New York. Lightspeed Trading, LLC operates as a subsidiary of Lightspeed Financial, LLC.
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Interactive Brokers conducts its broker/dealer and proprietary trading businesses on over 80 market destinations worldwide. In its broker dealer agency business, IB provides direct access ("on line") trade execution and clearing services to institutional and professional traders for a wide variety of electronically traded products including stocks, options, futures, forex, bonds and funds worldwide. In its proprietary trading business IB engages in market making for its own account in about Switzerland, Canada, Hong Kong, UK, Australia, Hungary, Russia, India, China and 6,500 different electronically traded products. Interactive Brokers' headquarters are in Greenwich Connecticut, and it has about 800 employees in its offices in the USA, Estonia. IB is regulated by the SEC, FINRA, NYSE, SFA and other regulatory agencies around the world.
Disclaimer:
The information and data contained in this site was obtained from independent research and development believed to be reliable, but accuracy is not guaranteed. Neither the information, nor any opinion expressed, constitutes a recommendation to purchase or sell a security, or to provide investment advice. Stocks and stock options involve risks and are not suitable for all investors. This site is not a solicitation of an offer to buy shares in any fund whose performance is provided in this site. Such an offer can be solicited only by a fund directly or its agent.
Sunday, November 20, 2016
Stock Market's Best Performing Group, By Far!
80% XLF (Financials) is the best performing group on Wall Street
Big Banks & Regional Banks
Today's Date: 11/20/16
Last Updated: 11/18/16
BAC S/BUY 100/ 0.60(2)= 1.20 96D 0.27(3)= 0.81 0.56+ -0.39D
BANF S/BUY 97+ 3.32(2)= 6.64 88U 3.10(3)= 9.30 0.73+ 2.66U
BBT S/BUY 100/ 1.01(2)= 2.02 99U 0.74(3)= 2.22 0.48+ 0.20D
BK S/BUY 100+ 1.00(2)= 2.00 93D 0.50(3)= 1.50 0.50+ -0.50D
BOH S/BUY 92- 3.09(2)= 6.18 87D 1.12(3)= 3.36 0.66+ -2.82U
c S/BUY 100/ 1.73(2)= 3.46 96D 0.85(3)= 2.55 0.64/ -0.91D
CBSH S/BUY 99- 1.82(2)= 3.64 93U 0.80(3)= 2.40 0.63+ -1.24D
CFR S/BUY 100/ 3.37(2)= 6.74 85U 1.09(3)= 3.27 0.56+ -3.47D
CIT S/BUY 100/ 1.08(2)= 2.16 96D 0.47(3)= 1.41 0.36+ -0.75D
CMA S/BUY 100/ 2.03(2)= 4.06 98N 0.69(3)= 2.07 0.78+ -1.99D
EGBN S/BUY 99+ 2.50(2)= 5.00 78U 1.80(3)= 5.40 0.48+ 0.40D
FFIN S/BUY 100/ 3.17(2)= 6.34 91D 1.60(3)= 4.80 0.77+ -1.54D
FITB S/BUY 100/ 0.94(2)= 1.88 96U 0.48(3)= 1.44 0.43+ -0.44D
GS S/BUY 96- 6.80(2)= 13.60 95D 2.35(3)= 7.05 2.07/ -6.55D
JPM S/BUY 92- 1.92(2)= 3.84 83D 0.87(3)= 2.61 0.72+ -1.23U
KEY S/BUY 100/ 0.71(2)= 1.42 97D 0.19(3)= 0.57 0.54+ -0.85D
KRE S/BUY 100/ 1.55(2)= 3.10 97U 0.67(3)= 2.01 0.75+ -1.09D
MS S/BUY 100/ 1.38(2)= 2.76 98D 0.77(3)= 2.31 0.64+ -0.45D
MTB S/BUY 100/ 3.89(2)= 7.78 96U 2.53(3)= 7.59 1.60+ -0.19D
NTRS S/BUY 92- 2.36(2)= 4.72 91D 0.82(3)= 2.46 0.81+ -2.26D
OZRK S/BUY 88+ 2.52(2)= 5.04 84U 0.93(3)= 2.79 0.62+ -2.25U
PNC S/BUY 100/ 2.50(2)= 5.00 98U 1.11(3)= 3.33 1.22+ -1.67D
SBNY S/BUY 100/ 6.00(2)= 12.00 97U 2.06(3)= 6.18 1.93+ -5.82U
SIVB S/BUY 100+ 7.26(2)= 14.52 93U 2.39(3)= 7.17 1.91+ -7.35D
STI S/BUY 100+ 1.56(2)= 3.12 91U 0.87(3)= 2.61 0.37+ -0.51D
STT S/BUY 100/ 1.47(2)= 2.94 94D 1.24(3)= 3.72 0.52/ 0.78D
TMP S/BUY 100/ 2.87(2)= 5.74 99D 2.73(3)= 8.19 0.72+ 2.45D
USB S/BUY 100/ 0.72(2)= 1.44 96U 0.74(3)= 2.22 0.48/ 0.78U
WABC S/BUY 79- 2.84(2)= 5.68 90D 0.63(3)= 1.89 0.80+ -3.79D
WFC S/BUY 100/ 1.49(2)= 2.98 86U 0.99(3)= 2.97 0.68+ -0.01D
WSBC S/BUY 100/ 1.76(2)= 3.52 96U 1.15(3)= 3.45 0.61+ -0.07U
100% 98% 93% 0.79 -1.32
AVERAGE: 97% KEY: 52%-100% = Positive, 48%-0% = Negative
Friday, November 18, 2016
Sunday, November 13, 2016
Looking Back at the Stock Market Never Gets Old
I wrote about this a few weeks ago suggesting to wait for this Outlook signal to change directions before committing capital.
DIA Outlook
42% Falling
41% Rising
42% Rising
43% Rising
44% Rising
44% Rising
44% Rising
44% Falling
44% Falling
44% Falling
43% Falling
40% Falling
38% Falling
38% Falling
41% Rising (Catch the Turn with MktMetrics.com)
48% Rising
55% Rising
62% Rising
Friday, November 11, 2016
My Friend of 35 Years Sent Me This on the Stock Market
Wow - a President Trump with a working majority (so it would seem)
in the House and Senate. Think of the roads and bridges he can build.
But is all the protesting in big Cities a foretaste? Hope not.
And health care! Drug companies less regulated. Time Warner
less regulated. More military and more guns. So many changes.
The market has usually done well for new Republican Presidents
once they are actually in office.
Harding couldn't escape the Wilson Bear market of 1920 until the middle of 1921.
IKE needed to end the Korean War and declare for new interstate
highway system to get market moving in mid-1953.
Nixon became President with US already embroiled in war in VietNam
and after there had already been a wild speculative market in
low priced stocks. Small wonder the market fell apart in the
second half of 1969. Rates were also on the rise then, too.
No bottom until May 1970.
Reagan fared little better. A bear market started after May 1982
and lasted until August 1983 when Volcker finally decided to let rates fall.
And then there's George Bush Jr. The Clinton Years were so good
for stocks and a vicious bear market started almost as soon
he was inaugurated. It did not end until March 2003.
So next year may not be good. And, of course, the Russians
will be recalling the fact that it will be the 100th anniversary
of the two Russian revolutions of 1917. So, Trump may find it
harder to get along with Russia than he thinks. But it's
certainly worth a try. We have a common enemy, Isis.
I admit to looking forward to President Trump very much.
He could do so much to help middle-America instead of always
taking Wall Street's suggestions. 1954-1955 under IKE
and 1982-1984, 1985-1987 were magnificent under Reagan
for the stock market. It pays to be an optimist. But we'll
see how CNN treats him. How thick his skin is. Etc...
Happy Veterans Day!
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