Monday, January 22, 2018

Futures Mean Squat, But Green Is Always Nice To See -- January 22, 2018

Whisper numbers: whatever happened to whisper numbers?

Huge warning: heaven forbid your favorite stock misses expectations. Just saying.

Futures: This is probably a hangover from today's trading but right now, about 6:17 p.m. CT, futures:


Sixteen reasons: on January 12, 2018, I posted sixteen reasons why the stock market is surging. I am now going to add several more reasons. I hope everyone can keep up me. LOL.

But, first, the disclaimer: this is not an investment site. Do not make any investment, financial, travel, job, or relationship-related decisions based on what you read here or what you think you may have read here.

Okay, eight more reasons why the stock market is surging:
  • the two parties in Congress are singing "Kumbaya"
  • NOKO and SOKO are singing "Kumbaya"; risk of nuclear confrontation lowered for several more years
  • IMF publicly admits that the Trump tax will boost global growth to 3.9%; privately, the forecast is for much greater
  • there really is a Trump infrastructure plan (it was "leaked" today); the $1 trillion plan will be centerpiece of his SOTU address
  • still no talk of a recession
  • still no talk of a bear market (the only thing that ends a bull market is a bull market, they say)
  • it looks like Trump is serious about tariffs on China where appropriate (First Solar surged today)
  • France is crying "uncle"; wants to link arms with Germany on banking; France-Germany knows they can't compete with the US' lower corporate tax rate; EU will have to become more tax-friendly if it wants to compete with the US; enhances the "synchronized global economy"
  • Germany walks away from the Paris accords; others will follow; frees up a lot of money for reinvestment
  • the "snowball" effect
It's about time: do not bother going to the linked video, but "energy stocks are setting up to outperform this year."
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From Pollock, SD


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