Stock Market Video Analysis May 19 2017

May 20, 2017 0 Comments

My friends over at Alpha Trends have a new video out that is worth a watch. One thing that they talk about is the “Trump Rally”. I have been saying for s while now that the “Trump Trade” is unwinding. The rally is obviously still on, however the “Trump Trade” is unwinding. Look at the US dollar (UUP). This was the biggest mover from the Trump election. It has given back all it’s gains. Bonds have retraced almost 60% of the Trump election move. There are many other assets that have given back gains as well.

In the next members’ strategy session I will be going over the “Trump Unwind” and what it means for the markets. We will also look at what I consider the most important chart in the market right now, the 10 year yield (TNX). We have been using this chart for some crazy wins on financials. Just last week we closed out yet another 100% winning trade on Citi.

Trade smart,

Joe

 

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