It seems clear that there has been substantial support for the stock market this week, unwarranted by either technical or economic factors. We are, in fact, in the first phase of a bear market. One asks "Could it be the executive (Trump) employing taxpayer money through the 'Plunge Protection Plan ' for political advantage?" Be wary and very careful of acting on stock market strength from today through Tuesday. What looks to be a turn in a bear market may simply be a Trump market manipulation.
Asher Edelman
