The stock market is being swept away with hope and anticipation for a better economic environment for American businesses. There is more hope that the new Presidential administration can increase the economic growth rate, change corporate attitudes toward economic patriotism, and foster a new winning attitude with respect to our competitors and allies. It’s a lot, but more and more people and investors are buying in.

The Trump rally has never had the underpinnings that most technicians would like to see, but it is slowly converting more and more to its camp.

Many professional investors have been looking for a correction or some setback, but have so far been denied one.

In the meantime, they either join the rally or get left behind. As usual, many may be overcomplicating the analysis. So get on board and make profits while they are available.

El Solo Toro