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Strategies & Market Trends : John Pitera's Market Laboratory
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To: roguedolphin who wrote (18775)3/3/2017 11:05:53 AM
From: John Pitera5 Recommendations

Recommended By
Fintas
ggersh
Jon Koplik
richardred
roguedolphin

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Hi Rogue,

We have an exceptional amount of positive news priced into the stock market.

President Trump in his address Tuesday night boldly proclaimed that the Market capitalization had gone up 3 Trillion dollars since he was elected. Are the Market Gods going to let the Market to continue to go higher and higher and we shall have POTUS telling us that the Market Capitalization is up 7 Trillion, then 10 Trillion , then 20 Trillion and the Mr. Market is just going to sit back and let this hubris go on for a sustained period of time.

The mass psychology of an environment where Trump will proclaim loudly that this rising market is a key metric by which his administration should be judged puts Trump and his administration in ownership of a rising market as a central point of arbitration as to how well his administration is doing.

This at a time when so many people in this country and globally are so angry and looking to take the administration down.

It seems highly unlikely, that history and the market Gods are going to let a president ride on a prolonged wave of higher and higher equity prices when it is being boasted of so loudly.

John
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