The Trump Rally: One Year Later

This week marked the one-year anniversary of what was widely considered to be the surprising election of Donald Trump as the 45th president of the United States. Politics aside, it is impossible to ignore the move in the U.S. stock market since the close on November 8, 2016. Through Tuesday’s close, the Dow has risen…

 

February Changes to the SSR Portfolio

We have posted our monthly changes to the SSR tracking portfolio. For more information on this month’s deletion and addition, read the February SSR Monthly Report. January Market Recap With only two trading days remaining in the month, U.S. stocks are on pace for their best January in four years. Through the close on Friday, January…

 

Bears Gain Ground as Trump Presidency Begins

Weekly Market Summary On Friday, Donald J. Trump was sworn in as the 45th President of the United States. Leading up to Inauguration Day, the “Trump Rally” had been losing its momentum, with the Dow Jones Industrial Average posting five straight losses before rising on Friday. In addition, Over the 10 trading days through Thursday,…

 

“Trump Rally” Catches Second Wind, Market Dashboard Holds Steady

Weekly Market Summary This week marked the one-month anniversary since Hillary Clinton conceded the presidential election to Donald Trump. The so-called “Trump Rally” in U.S. stocks caught its second wind this week on the wings of strong consumer sentiment data and rising oil prices. On Wednesday, several of the major U.S. indexes posted their biggest…

 

Sentiment Supports the Borrowing of 2017 Gains Argument

Support for the concept of the post-election (“Trump”) rally borrowing gains from 2017 can be found in our Sentiment Survey. Optimism was both unusually low (a bullish sign) and unusually high (a bearish sign) in recent weeks. Though seemingly contradictory, the two signals may not be when the post-election rally is taken into account. I’ll…