MBO Issue 59 (Nov 2016) Special Update
Nov 19, 2016 special update on stock market current condition. The way how Dow and S&P moved higher over the past 2 weeks has given us a very powerful trading setup with good trading opportunities.
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Comments
Note how government paper is dropped like a rock. I see major deficit spending under Trump, and that might be bullish for American stocks. My argument is much more nuanced than this, but short bonds might be where the money is made in 2017.
Already shorting them across the board.
The more difficult play would be the stock market, after initial “sympathy” drop when bond breaks critical support, stock market may stage an even more powerful rally as only game in town.
Would you like me to write something for your site regarding interest rates and politics? Politically my primary loyalty is to my family; I am always trying to figure out, regardless of which party is running things, how to succeed. Pragmatic, not political, outlook.
Back in court this week but the Thanksgiving holiday will give me a reprieve. Let me know if you are interested.
That sounds interesting.
When you can squeeze out some time please do. =)
NQ potential daily FBO against PWH in place with target PWM and PWL in play.