Monday, January 8, 2018

TUESDAY 1/9/18; Samsung; South and North Korea Conduct Talks; US 10-Year Yield Above 2.50%; AYI; SCHN; SPX, INDU, COMPQ, NDX, RUT, NYA and TRAN Print All-Time Highs; JOLTS Report; WTIC Oil Prints Above 63; Brent Oil Above 69; WDFC

Aussie and Asia stocks begin trading mixed. Japan’s Nikkei Index is up +0.9%. Topix +0.666%. ASX 200 +0.2%. The KOSPI is down 





[Purchase the 2018-01 chronology to experience the S&P 500 crossing above 2,800 and Dow Industrials above 26,600.]







 says the tax bill will greatly benefit the financials. Lutnick is bullish on banks and the stock market. Lutnick says, “You will continue to see a positive (stock) market. We are going to keep rockin’ higher.” Lutnick says, “Financials are in a good spot.” Everyone in Manhattan is bullish.

Notable investor Bill Miller, typically an uber bull, says the stock market may melt-up +30% this year.

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