Investing
Current Market Outlook
BLOG POST: Our Current Market Outlook is “Uptrend Under Pressure” and our light is “yellow.“
James Jon Benet
December 18, 2024
The stock market is preparing for the President’s speech on Tuesday night. Watch for “fireworks” in the market as a response starting on Wednesday and continuing through the rest of the week. These specific industry groups will be in sharp focus by savvy investors: steel producers, infrastructure companies, and aerospace and defense manufacturers, just to name a few.
The “Trump bump” has become a “Trump thump” on bearish speculators, pessimists, and critics of the First Family.
With historically low interest rates offering no real competition to the attractiveness of investing in equity, the strong rally birthed in the wake of the election outcome is showing signs of continued strength and institutional support. Official distribution days are few and demand remains strong. With the first quarter coming to an end in just a month, this week will be a key test for bullish investors. Stay tuned and as always…
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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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This information is not intended to be a substitute for specific individualized advice. The TPM strategies cannot assure a profit nor protect against loss. Inherent limitations and market conditions may affect the performance of portfolios in any given market environment. Past performance does not guarantee future results. Investors should consider the investment objectives, risks, charges, and expenses associated with any investment strategy.
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