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Thursday, November 9, 2017

The Market And Energy Page, T+292 -- November 9, 2017

Another one of Aesop's fables -- updated for the 21st century:


Some blame the stock market plunge today (0.5% on the Dow) on the realization the Trump tax plan is dead (the GOP plan is on "life support"). But once traders get over the shock and realize the Trump tax plan was probably a "sour" plan anyway, the market will get back on track. I can hardly wait until traders realize Trump is going to be a one-term president. (Hint: huge buying opportunity.)

What me, worry?


Already, futures are back in the green.

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