April 4, 2019, T+92, Part 5

Note first comment re: CBR, Bakken oil, and Washington State. The link is here. 

Disclaimer: this is not an investment site. Do not make any investment, financial, job, travel, or relationship decisions based on what you read here or what you think you may have read here.

So, with the jobs data, how is the market -- before the opening -- doing?

Let's look, shall we?

• Dow, futures: absolutely flat. Went from +5 to -1.
• WTI: $62.67
• Tesla: down $31/share; down almost 11%

With today's great news:

• Adam Schiff will be holding a "thank you" reception for President Trump in the US House
• Elizabeth Warren will be holding a special rally for President Trump in Ohio
• Joe Biden will be giving someone a hug -- just to say "thank you" for working

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Thirty (?) Reasons Why The Market Is Surging

See this link from one year ago, February 26, 2018. At that link:
However, some time ago, I presented "sixteen reasons" why the market was surging then. I then followed it up with "eight more reasons" why the market would continue to surge. I then added "another reason."

I am now going to add "five more reasons" why the market will continue to surge.

I have no idea how many of those reasons are still in play. I do know that US jobless claims fall to 49-year low. Some other observations:

• most voters were not yet born when the old record was made
• most millennials have no idea how good "we" have it
• not one voter today is subject to the draft
• more than enough new workers surging across the southern border to mitigate the "Bloomberg labor shortage"
• all those workers, whether they pay taxes or not, pay into social security 

the Dow is up 150 points in early trading.

Sixteen Reasons, Connie Francis, "Mulholland Drive"