Hello Ladies, Gents, and whatever as you know, the catalyst for the 21K bump in the DOW was Mr. Trump winning the election. Everything happens for a reason (because too much money is involved).People were hoping he could execute the agenda: 1) failure of repeal Obamacare was a big setback 2) Tax reform won't take place not until 2018 3) Border Wall is going to be a border fence 4) I think the Freedom Caucus is not going to let him to dismantle the Dodge-Frank law (yeah, he did sign the executive order, but only to review it being US president means hard work, but being born with silver spoon in his mouth has made him lazy (in my humble opinion). I think he'd need to get out to work with the reps and senators. His success is America's success.
Yes, severely. The average stock is trading more than 30 times earnings. In contrast, if you just go buy a business you are looking at 3 to 7 times earnings (book has a lot to do with it too.) Only an ignoramus would "invest" in this market. But, skilled traders can still make a buck, if they hedge well.
LOL; exactly+ QQQ finally cleared the 2000 HIGH of $120, Up-trending bull market............................................................................................
Retail sector is going to be the sack of dough that will weight the markets down. markets expect earning report for the sector will be down -4 to -6%. as you know, consumer spending is made up of 2/3 US economy. so far, 11 stores filed for chapter 11, and Sears, Macy, JC Penny, Abercrombie & Fitch are on life support. • Gordmans Stores Gander Mountain General Wireless Operations (formerly RadioShack) HHGregg BCBG Max Azria Michigan Sporting Goods Distributors Eastern Outfitters Wet Seal Limited Stores http://www.cnbc.com/2017/03/31/retail-bankruptcies-march-toward-post-recession-high.html VIX is showing its ugly head: