For the first time since the Trump rally began on November 7, 2016, we have actual catalysts that are powering markets higher. President Trump continued to use executive powers to start implementing some of his campaign promises. Today he signed off for the continuation of the Keystone XL and Dakota Access pipelines. The Energy sector (Read More….)
I’m of the belief that one reason stock markets smashed all-time high records this week is from the massive short covering going on that led up to the Presidential election on November 8, 2016.
You had billionaires like Warren Buffett and Mark Cuban suggesting that they took short positions in case of a Trump win. (Read More….)
I predict that a Trump win means down for the economy at first, then upward as the US consumer strengthens from domestic job growth.
The down first move in the economy will come from inefficiencies caused by forcing multinational corporations to bring domestic production facilities back to the US or face steep tariffs.
Several traders (Read More….)