I'm not a mind reader. But an ES/SPY cash buy on 20 dma, buy 50 dma buy 100 dma; may not be a bear market, by any measure.But with 10 minutes till close ;anything is possibleLooks like its going up again; SPY is above 200dma. NOT a prediction
Trump will never allow a bear market 1 year prior to the elections, once we see a 10% correction (if we ever get one before the elections) he will talk the markets up again. The strong market is something he is going to use during his campaign.
Let's rephrase the above: Any one person cannot move the market for an extended period of time. "The strong market is something he is going to TRY to use during his campaign". Good luck Donald....you are going to need it....the Dems are coming after you....and they could care less about a market crash between now and Nov 2020. In fact, it would be a blessing for them.
%% Mr Trump+any billionaire cant really control the market; but like old turkey said ''its a bull market you know '' LOL/True. 3rd year in cycle tends to be SuperStrong, except 1987........LOL About the best indicator is Janurary UP trend/Stock Traders Almanac. End of month, end of quarter; make it look green/ pretty. Make TSLA red/down ; they deserve every down tick they get.,
Trump has plenty of cards he could play between now and then to keep the markets up. The Dems are only going to hurt themselves by going after Trump, again ... politics shouldn't be done by going after one another. By the way, i am not a Trump fan.
Trump doesn't has to buy the markets to keep them up, he can create a bullish outlook for months by stretching a trade deal with China for example.