Stock Market Melt-Up Well Underway!

But Strangely Enough “Goldilocks” Rides Along With It!

by Ian Harvey

August 15, 2017


There was a dramatic turn-around in the stock market yesterday after the events of last week – read “Stock Market Melt-Up” -- with all three major indices making sound ground and driving the “fear index” backwards.

  • The Dow Jones Industrial Average (DJIA - 21,993.71) ended with a gain of 135.4 points, or 0.6%.
  • The S&P 500 Index (SPX - 2,465.84) gained back 24.5 points, or 1%.
  • The tech-heavy Nasdaq Composite (COMP - 6,340.23) gained 83.7 points, or 1.3%.
  • The CBOE Volatility Index (VIX - 12.33) lost 3.2 points, or 20.5%.

So, back-on-track, where we should see the stock market continuing to go higher for quite a long time yet.

The global bull-rally continues unabated after a pause for some profit taking based on the North Korean affair, and the war of word-threats, with little changed except the desire of investors and traders to continue making profits; plenty of solid earnings reported to stir interest in buying; and with “Goldilocks” still hanging in there – with a “not-too-hot” or not-to-cold” economy running along with the melt-up.

U.S economy has been growing slowly and it appears that this growth is not going to disappear soon, keeping nice low inflation; the rate tightening is subdued and recession is kept in check.

Therefore, expect the bull market to continue indefinitely, seeing as there is a fully-employed economy, wage rises are substantial; and this does not incur the wrath of stirring up inflation and interest rates.

Considering the economic situation, and hopefully the north Korean situation becoming more controllable, less doom-and gloom from the naysayers, a more positive input from the media, strong global growth, low inflation, a major melt-up in the stock market; thrown in with a goldilocks riding along; expect plenty more profits to be made from those investors and traders who wish to participate in the future run-up of the rally.

If profiting is of interest to you, you may wish to check out the fantastic run that members of Stock Options Made Easy have encountered; and put the recommendations to use as either a part of your strategic portfolio or as the entire trading strategy.

Our proven track record says it all!!

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


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

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