Lets use a Russell Index (IWM) which moved 22% higher since November 8th when the Trump Trade became a reality. The Index went from $71 to $87, and currently sits at $84 on inauguration day
Longs are back in control.
Investors have big expectations for these stocks.
Either way, it's a very important benchmark.
Is there a cloud of uncertainty that could be depressing stock prices in a similar way right now?
Short strategies are outnumbering longs today, albeit slightly.
If everyone's bullish, why aren't stocks moving higher?
Let's get real about a Trump presidency.
I believe this index (XME) currently trading a lowly $15.25 has at least a 100% upside from these levels, and we should see $35.00 in the next 12 months. This index real value is in the $35 range
US markets have bounced dramatically from a stagnant 2016. But what's next?