DOW 19,000

2016-11-22_16-33-08The market hit all-time highs today as the post-election rally continues.

Based on the charts, it is a possibility that this rally is being fueled by money flowing out of the bond market and into equities.  It is my opinion that the two potential catalysts for the rotation are the following:

  1.  Possible protectionist policies brought in by president-elect Trump.
  2. The potential for the Federal Reserve to raise interest rates in December .

2016-11-22_16-45-11a

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