7/5/2018 – A positive day with the Dow Jones up 182 points (+0.75%) and the Nasdaq up 83 points (+1.12%)
The stock market continues to perform, more or less, as anticipated.
Once again, we expect the stock market to……If you would like to find out what the stock market will do next, in both price and time, please Click Here
While President Trump did not talk about the stock market, he might as well have. I nearly fell off my chair when I saw the following headlines.
“The OPEC Monopoly must remember that gas prices are up & they are doing little to help,” Trump wrote on his personal Twitter account. “If anything, they are driving prices higher as the United States defends many of their members for very little $’s.”
“This must be a two way street,” he wrote, adding in block capitals, “Reduce pricing now!”
Maybe Iran is indeed right in saying that Trump should stop Tweeting about all of this.
This proves my point, once again, that Mr. Trump has no idea of what he is doing when it comes to trade and financial market. You cannot dictate what you would like to happen and you certainly cannot control it to a large degree. And you certainly shouldn’t take credit for markets when they move in your favor. We suspect Mr. Trump will very soon learn a valuable lesson in that regard.
Let me put it another way. The above is equivalent to President Trump demanding the Dow at 40,000 by year end. Senseless. Finally, just wait until his trade war with nearly everyone spikes prices across the board while wages stagnate.
Sometimes a picture is worth a thousand words, as is the case here. 
Anyway, if you would like to find out what the stock market will do next, and trust me you ought to know, please Click Here
