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Perseverance71

09/28/17 11:26 PM

#242274 RE: risk on #242271

The election result might have been the initial spark of this rally but it's becoming increasingly clear that it's not the only thing keeping the market at this valuation. It's been 8 months and the President has not implemented the economy changing policies he promised, with no sign that he will be successful in doing so in the near future. Yet the market continues to rally persistently. Shouldn't the market give back some of those gains? September usually results in a down candle on the monthly chart, yet this year it's a bullish hammer. It's clear that something else is at play here. Central Bank tricks, or perhaps something far simpler. Too simple. Maybe we are just in a bull market, with no deep thought about fundamentals or politics required. Regardless, I will just continue to be a permanent bull until I see something that changes my mind.