Based upon my unique “Cycle Analytical” work combined with my “Proprietary Predictive Analytics Model”, I can assure you that there are new highs to be made in the U.S. stock. Appling my unique metric, which are not available to the public, I can inform you that the stock markets are not overbought or overextended, at present. The market remains in a clear bullish trend! This next new leg is very sustainable!
Technically Speaking, It Is Now Back To “Buy The Dip”:
The SPX, Dow Jones and the Nasdaq Composite all closed at new all-time highs last Friday, February 10th,2017. The Trump Rally is just getting started according to Bloomberg.
Investors should expect that the global markets will continue their bull market run throughout the first half of 2017 rather than forming a top which leads to a bear market. “Extremes” have lost their’ meanings, at this point. The Federal Reserve has given the green light to major banks in the U.S. to raise dividends and buy back shares of their companies. The huge thrust in momentum has now returned to the four U.S. stock indexes.