The Stock Market Bulls Keep Rolling, Rolling, Rolling

by Ian Harvey

August 17, 2017

Share

The stock market bulls keep rolling along to the tune of all indices rallying after last week’s two nasty sell off sessions due to rising tensions with North Korea and/or profit taking excuses. This period of time also allowed investors to buy the dip in preparation for the rally to continue rolling………rolling………rolling.

Yesterday saw the Dow Jones Industrial Average (DJIA) manage to reach a fourth straight win, even as stocks pared their gains following the latest Fed meeting minutes.

The S&P 500 Index (SPX) reached a high for the week at 2,474.93, and is definitely on track to surpass the 2,500 that has been so elusive.

It appears that the shape of the stock market going forward has changed; the sell-off appears to have happened, and instead of the 2,500 mark as the destination, it is more than likely the breakout will occur above the 2,500 level.

There are plenty of reasons that the “Bull Rally” is on an upward trajectory, with record levels that are hard to ignore; and then it is very difficult, and probably foolish, to short the market against such strong numbers. This consistency and stability can be tied to several factors…………..

Low inflationary expectations in the market,

Expectations based on President Donald Trump's economic agenda moving forward eventually,

The level of “Euphoria” has not been achieved as yet, as can be realized by the lack of participation from retail investors in the stock market, and

There is no expiry date on a bull market – and may continue for years yet despite the fact that it’s already at fair value.

Consumers are shopping, showing that the economy may be stronger than expected. The July retail sales report had the best gain in seven months; and now, economists are raising GDP targets as a result of the stronger sales growth.

On top of that, low interest rates and slow inflation have combined to make those sales and profits worth more than most investors expected.

As well, the U.S. dollar has also weakened recently, benefiting U.S.-based companies with international business by making foreign earnings translate into more dollars stateside.

So, the scenario now is how to play the bull market at this point of time when the economy, interest rates, and earnings growth are tail winds – buy, buy, buy - and then wait until valuations are "out of control."

This then become the cash time, or in the case of Stock Options Made Easy, move into put options trades to “cover the dips”, and then be prepared to take on call options to “climb with the rips”.

What To Do Now…….

If you interested in being part of this profitable action just click here……

Our proven track record says it all!!


Best of Trading,
Ian Harvey
Director of Stock Options Made Easy


Share
Follow Me on Pinterest              


”Success is simple. Do what's right, the right way, at the right time.”


Option Tip for your Success!
Options traders are not successful because they win.
Options traders win because they are successful.





Back to Stock Options Made Easy Home Page from The Stock Market Bulls Keep Rolling, Rolling, Rolling




Search Stock Options
Made Easy



Enjoy Relaxed or Fast-Paced Trading? Choose your Membership Style...

Whether you prefer to take a laid-back approach to your trading,

or to charge ahead in your options trading,

 Stock Options Made Easy Armchair Trader and Cut-to-the-Chase Trader Memberships put everything you need to succeed at your fingertips for just  $39 or $79 per month.






Subscribe to our FREE
newsletter for all the latest options news!


Enter Your Email Address

Enter Your First Name











Follow S_O_M_E on Twitter