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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

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...If the dots don't connect, gather more dots until they do...




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Wednesday, March 01, 2017

3 Trillion Dollars Added to Markets Since 2016 Presidential Election

Somewhere around 3 Trillion dollars have been added to U.S. markets since the Presidential election on November 8, 2016, with percentage increases, to date, shown on the following graph of the Major Indices.

U.S. Major Indices: Percentages Gained Since 2016 Presidential Election

The next graph shows percentages gained since January 1st of this year.

U.S. Major Indices: Percentages Gained Since January 1, 2017

Undoubtedly, market participants have faith in President Trump's ambitious reform and stimulus agenda, which was emphasized by today's market reaction to what he delivered in his first Joint Address to Congress last night. I'd dub him as a high-energy hunter-gatherer who settles for nothing less than winning...so, I'd watch market action going forward to gauge how well he's accomplishing his goals.

In that regard, I'd like to see these indices, generally, remain above their 50-day moving averages as confirmation (as outlined in my post of February 11th). Otherwise, a drop and hold below could signal a reversal of bullish market sentiment and endorsement of his unfolding agenda.

U.S. Indices 1-Yr. Daily