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Strategies & Market Trends : John Pitera's Market Laboratory
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Hawkmoon
To: John Pitera who wrote (18777)3/3/2017 11:40:25 AM
From: The Ox1 Recommendation   of 33421
 
I tend to agree with what you wrote JP. I would interject my belief that the market was under priced last year and we are just returning to a more moderately priced US stock market. Add in the relatively strong positive business sentiment that was growing better last year and now has gained additional momentum.

I agree that it is VERY dangerous for our president to use the market as a gauge or proof of concept.

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.
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