Does Trump Have the Guts to See Things Through?

If the "TACO" tag is the correct one, nothing is really going to chance.

As usual, we spend time on several different issues this weekend. Some are on the bullish side of the ledger…while others are on the bearish side……..We’ll hope you’ll take the time to read point #9, in particular. It’s more of an editorial…than a summary…but we do believe that what takes place in Washington DC over the coming weeks will have some very important implications for the markets over the rest of this year (and for many years to come). Thank you.

Table of Contents:

1) Will the “Trump put” be pushed out to a level that is now “out of the money”?

2) The major index charts still stand at KEY technical levels!

3) The reaction to Nvidia’s earnings by the chip stocks last week was quite disappointing.

4) At some point, we have to realize that the tariff issue is not the only one to focus on.

5) Why investors should be hoping that long-term interest rates remain range-bound.

6) We’re close to seeing confirmation of a significant change in trend for the US dollar.

7) South Korea looks bullish…while Europe looks like it’s about to see a pullback.

8) Potpourri…..It seems like it’s now only a matter of time before Israel strikes Iran.

9) Summary of our current stance…Does President Trump have the guts to see things through?