Market Musings
Trump hit the ground running at the
inauguration and the sheer magnitude of his executive orders
suggests that the new administration will not be as easy to stymie
as when his first administration hit the ground.
It is doubtful that a General Flynn
operation will succeed today although you can be sure that the
opposition and deep-state operatives will try along with the
liberal media.
Most. if not all, of his cabinet
appointments will be confirmed despite the efforts of the
opposition and three RINO Senators who really are Demo's in
disguise.
The market continues to move forward
despite the economy showing signs of weakness and continued
escalation in world tensions.
The FED seems uncertain if rate cuts are doing their job
... of course, while deficit spending continues inflation will be
almost impossible to reach the 2% goal.
The STI (Simple Timing Indicator) which is the number of "A"
rated stocks in the IBD database rose above the red line
this week ... suggesting that the market is ignoring the economic
realities.
Do not forget that about 22% of the stock markets value is held
by only 7 stocks ... danger ahead? And Apple is off 10%
since January 1st.
Remember -- "Only purchasing power counts!"
By any reasonable measure, this market is
dangerous.
Be careful ....
To review the 01/22/2025 FlowChart, click
here.
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