Presidents making statements like this (Obama, Clinton, Reagan , Nixon etc) marked the bottom of the market during term and the fwd 12/24/36 month returns have been pretty stout.
This board has also seen the bear crawl out and thump their chests like they haven’t been wrong for years because of the last 90 days of price action. This = bullish.
They’ll be calling for 210-220 for months like they called for a break back below 180 from 2015-2017
1. "earnings growth has been much stronger this year than earlier this decade", 2. So I think it’s a tremendous opportunity to buy. Really a great opportunity to buy.” 3. "I think it’s gone too far,” said Chris Rupkey, chief financial economist at MUFG Union Bank, referring to the U.S. stock market. “I expect it to recover from here certainly.”
Would love to see this mornings' strength sputter on out (just to trump Trumps' foolish "Buy this dip !" statement)
Was probably advised by Lawrence Kudlow to pronounce it....
T'would be wonderful if the final overriding factor or final resource in this case, proved to be this glaring Ruler-Line !.... Would love to see IT trump his ignore ant pronouncement !
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