Trump was the Bears Last Chance… $SPY $IWM $DJI

I for one have been on the Trump Train since last August. 2015. I felt very good about him winning the Primary and then honestly felt better about the election even though no one gave him a chance. Having said that I was unsure how the market would react to him Winning. Many people are positioned very wrong for this. Everyone was waiting for the election, saw the outcome and the overnight, and was wrongly positioned in the morning.

After the dust has settles I am not sure how ANYONE can look at these charts and be BEARISH. No WAY. As seen below. Small Caps tend to lead and are up over 10% in 5 days…

The Dow Jones closed at all time highs…

screen-shot-2016-11-14-at-6-38-35-pm

The SPY checked back to the breakout area and is advancing, clean breakout…

screen-shot-2016-11-14-at-6-37-42-pm

All of these are VERY BULLISH occurrences. Yeah the Nasdaq is not lagging after leading however once “FANG” wakes back up I have a feeling it will catch up rather quickly.

 

Year End Rally. Santa is Coming.

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6 responses to “Trump was the Bears Last Chance… $SPY $IWM $DJI

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