After seven straight up days and consecutive all time highs the popular stock market indexes broke their win streak. Fortunately for the bulls, the down day came on light volume and showed few signs of professional selling. This week, investors received a valentine from President Trump, when he foreshadowed that a “terrific” tax plan will be announced next week. The “Trump Bump,” now 14 weeks old, is threatening to become a “Trump launch” of a new bull market. As exciting as that sounds, the risk of a near-term correction still exists. Stay alert, but remain optimistic longer term.
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The information in this article is based on data obtained from recognized services and sources and is believed to be reliable. Any opinions, projections or recommendations in this report are subject to change without notice and are not intended as individual investment advice. Not to be used as legal or tax advice.
©2017 Triumphant Portfolio Management, LLC.
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