Santa Trump's Stock Market Rally Continues to New All Time Highs
Stock-Markets / Stock Markets 2016 Nov 25, 2016 - 06:05 AM GMTIt definitely looks like Christmas has come early this year as the Trump Santa rally has seen the Dow blast through 19k, closing at another all time high of 19,083.18. A Rally that NO ONE SAW COMING! Definitely not the mainstream media propaganda machine!
None of this was supposed to happen! It was all supposed to be IMPOSSIBLE! As the horsemen of the mainstream media apocalypse repeatedly warned if the unthinkable actually happened and Trump won then that would be the END, FINANCIAL ARMAGEDDON, a consensus view which was regurgitated at length right across the BlogosFear. Taken as FACT that a Trump win would immediately convert into a stock and financial markets bloodbath!
Pay attention to what happened to the stock market post Trump folks, for this moment acts as a magnifying glass on the BS that passes for journalism, for financial analysis. I could read a long list starting from the New York Times, Washington Post, FT and Forbes downwards, but it really is ALL NEWSPEAK PROPAGANDA! 99% of what your exposed to is BS! And now the same clueless fools are busy trying to explain that which they don't understand, of why the rally happened, throwing random reasons into the air such as Trump will build that wall, Trump will spend, spend, spend, blah, blah, blah... all in hindsight. It's simple, it's delirium! Which I will cover in-depth in my next in-depth analysis that explains that rather than Trump representing an alternative reality, it is in fact the establishment and their media that have constructed an alternative reality built on LIES! (FREE newsletter).
Therefore as I have often voiced, that given the weight of vested interest propaganda BS stacked against you as readers, and viewers then your better off NOT paying attention to ANY OF IT! For the odds are stacked firmly against you 99 to 1, whilst even a coin toss is 50/50 proposition. That's right a coin toss is far more reliable then any of the BS rags people actually pay good money for! What the F do journalists know about anything other than of how to write reams and reams of BS! But still the masses lap it up, we'll clearly not anymore! Not when one looks at what was supposed to happen against what actually happened!
As for the stock market, then as my most recent in-depth analysis reiterated in advance of my detailed trend forecast for 2017, that my long standing Dow target of 20k, that I had penciled in to be achieved early 2017 way back in early 2013, which now given Trump delirium could even be achieved before the end of this year! All this whilst the bear market is always imminent mantra that has been WRONG for NINE YEARS continues!
19 Nov 2016 - Trump Delirium Triggers Stock Market Brexit Upwards Crash Towards Dow 20,000!
Peering into the Mists of Time
If you have actually read the whole of this analysis (rather than just skipping to the conclusion) then the message you will get is one of an ongoing stocks bull market that like a coiled spring is prepping itself to propel the stock market to levels that cannot be imagined today I.e. my Elliott Wave and broadening top analysis gives strong indications for longer-term expectations. For instance, I can easily see the Dow trade at 20,000 during 2017, so expect plenty more Stocks Stealth Bull Market ebook's to follow.
And here's what has subsequently transpired as we stand at virtually Dow 19k, with my long standing target of Dow 20k now even possible before the end of this year! A good few months ahead of schedule!
Ensure you are subscribed to my always free newsletter for in-depth analysis and detailed trend forecasts as we count down to the start of the Trump delirium inducing Presidency of 2017 to .....
Your fired up angry analyst at the degree of BS that we are exposed to and glad that Britain with BrExit set the ball rolling that attempts to fracture the fake reality we have been living in for decades!
By Nadeem Walayat
Copyright © 2005-2016 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.
Nadeem Walayat has over 25 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.
Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.
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Comments
mydan
27 Nov 16, 02:00 |
Dollar
Hell Sir, I wonder what your dollar oil gold equities forecast is? Would be hard for equities in the us to keep going up with dollar strength. Thanks, Dan |