Chaim Siegel

Government Tech Boom Upgrade Cycle Coming

Jared Kushner leads White House Office Of American Innovation


A major tech upgrade cycle is coming, this time from the government. Jared Kushner led a White House Office Of American Innovation meeting with top brass from the tech sector yesterday. 

Tech Spending Bill





cloud computing
They are moving through Congress to pass the Modernizing Government Technology Act which will shift $80B in annual spending to more modern systems including cloud services. The government will not only shift monies but will also add additional funds.

CNBC reported Mr. Kusher saying that government “systems are decades old” with two-thirds still legacy systems. CNBC also reported that President Trump’s director of strategic initiatives Chris Liddell said there is a “$1 Trillion opportunity over the next ten years.”

If this bill passes we are headed for a major government-led upgrade cycle. The government is already estimated to be about 2040% of the total GDP spend.
Biggest Winners And Losers


The biggest beneficiaries are of course likely to be Amazon, Google and Microsoft. The biggest loser will likely be IBM who leads in government legacy systems. 

Tech Led Productivity Boom Coming

We recently reported that we think there is going to be a huge technology stock boom coming already anyway. Even though the Fed is scratching their heads wondering why productivity is so low, we think it’s about to bolt higher.

If you consider the amount of automation and artificial intelligence being designed in to new products this stat below is about to take off.

More spending combined with a productivity jump can help further ignite this stock market rally led by tech growth rates reaccelerating.
tech boom nonfarm-business sector: real output per hour of all persons: productivity
St Louis Fed










Conclusion
There are still tons of bears in the stock market but the economy and earnings have been picking up. A technology stock tech boom can add more fuel to this bull market.

Also thanks for the great reports from Anita Balakrishnan of CNBC

Disclaimer: Securities reported by Elazar Advisors, LLC are guided by our daily, weekly and monthly methodologies. We have a daily overlay which changes more frequently which is reported to our premium members and could differ from the above report. Portions of this report may have been issued in advance to subscribers or clients. All investments have many risks and can lose principal in the short and long term. This article is for information purposes only. By reading this you agree, understand and accept that you take upon yourself all responsibility for all of your investment decisions and to do your own work and hold Elazar Advisors, LLC and their related parties harmless. Any trading strategy can lose money and any investor should understand the risks. #in, $spy, ^GSPC, INDEXSP:.INX, CME Globex: ES

Catalysts This Week: S&P 500, Gold, Oil, Bonds, Dollar: Oh No We’re 1% Off The Highs!

Bearishness
Picture: Oh No, We’re 1% Off The Highs!



Every week or two we want to share with you what our Pro Traders receive daily each morning.  Please let us know if you have any questions. To find out more about Pro trader go here. This report does not include our individual stock calls or medium term calls that Pro Traders also receive daily.

LONG TERM VIEW

dow jones long term chart
Source Macrotrends.net



We have nine years left to go in this 16-17 year bull market cycle.

It’s easy to be bearish. It’s tough to be bullish. There are so many reports each day that call for a correction. Really, we are 1% from all-time highs and everybody can’t wait for a correction. When the media changes to all expect new highs maybe we can back off a little. For now the economy and earnings are accelerating as the world stays skeptical.

The media is creating a ton of noise around President Trump which is also keeping people out of the market.

We are in very special times that most don’t notice.  The good news combined with the bearishness has to be supportive of markets.

We’re inventing a formula calling it the “bull market formula”:

GF X NR = BM

Good Fundamentals X Negative Reports = Bull Market.

The more GF and NR, the more markets can go higher.

Pay attention to earnings, jobs, and actual fundamental news. Then compare that to the amount of scare calls going on in the world.

S&P 500: BULLISH 
S&P 500
Charts By Interactive Brokers

We are still very very bullish on stocks. No investing rule says the market needs to go up every day. There are trading methods though that do measure how little it takes to drum up a lot of bearishness.

The S&P 500 ETF SPY is down 1% from its highs over a few days and you have many many headlines citing the smartest people who expect a correction or crash. At least everyone’s consistent. That is a sign of “bad news” “good action” and it is a very bullish indicator.

President Donald Trump Now Not Under Investigation

We reported last week that James Comey already said the President is not under investigation. That was enough for us. That President Trump’s lawyers came out yesterday saying he is not under investigation is a bullish confirmation.

North Korean Leader Scared

CNBC reported that the North Korean leader Kim Jong Un is running scared. 

He’s worried about being assassinated. That is critical. We’d guess that is based, in part, on intelligence he’s received.

We’ve said over the last couple of months that we think the US, if anything, will be swift and either take out the leader or make him run. We did not expect the calamity of war that many fear.

The North Korean Leader’s fear could be an early sign that this major global risk event is coming to a head and can soon be resolved peacefully. A scared leader is either ready to negotiate or run for cover.

Jobs Picking Up Again

Jobs improved last week as seen by jobless claims dropping. The drop-off in non-farm payrolls for May was due in part to a high jobless claims number the final week of May. Since then jobless claims are dropping which is bullish for a strong economy and stock market.

Earnings Stronger Thanks To The Dollar

We are in the final month of most companies’ Q2. The lower dollar can benefit earnings as US goods are cheaper for foreigners. As the dollar drops US companies also report greater international earnings when converting foreign currencies back to dollars. That can add to Q1’s earnings momentum which was the strongest in almost six years.

Strong jobs, strong earnings, many bearish headlines, and improving geo-politics all point to higher stocks in the future.

OIL: BEARISH
crude oil prices June 19 2017

Oil has a serious break below this mini-uptrend. For now we’re staying bearish. 

Oil should have been moving up with OPEC cuts, summer driving season, and an economic pickup. That it’s not is a sign of “good news,” “bad action” which tells you something bigger is driving oil lower. 

Oil prices are a fundamental and technical readout. For now, the break says that supply is weighing and we have more downside.

GOLD: BULLISH
Gold prices and chart June 19, 2017

We do love gold short term. Gold looks like it’s in an uptrend.

For now we have a window of opportunity for gold. With inflation low there is a chance that the Fed backs off from their extra rate hike later in the year. They’ve already hinted at it saying the debt ceiling issues could push off a hike.

(A note on the debt ceiling: We continue to think President Trump has enough votes when combining Democrats and less-conservative Republicans to pass a “clean raise” of the debt ceiling.)

The ECB and BOJ also remain dovish.

The Feds tapering of bond buying doesn’t start in earnest until 2018. We have a window before that happens for rates to stay low which can benefit gold.
CPI pulling back was one reason for gold’s weakness. Our take, for now, is that the lower inflation will keep rates low which is a benefit that can get gold bulls to buy.

BONDS: BEARISH 
Bond prices TLT and chart June 19, 2017

For now the pullback in stocks is helping investors continue to look for safe-havens. 

We are watching the top end of the uptrend line. If we close above it we will have to implement a stop-loss.

For now though we think stocks will go up thanks to higher earnings growth rates. Historically that is negative for bonds.

That said, bonds up is an incredibly bullish sign for stocks. Investors don’t want to part with risk-free assets because they are generally scared. Investors are far from Euphoria and still in fear-mode. That gives upside visibility for equities.

US DOLLAR: BULLISH
US Dollar Chart And Prices June 19, 2017

We are sticking with our bottom-fishing call on the dollar. Many are short and concerned about President Trump investigations. James Comey confirming two weeks ago that Trump was not under investigation is bullish for the dollar.

Even though it was reported lastweek that Robert Mueller may now be investigating the President the dollar moved higher anyway. That is a bullish sign of “bad news” “good action” to tell you the dollar may have bottomed.

Also, low inflation as reported by now multiple months of a weak CPI can also give the dollar a lift. The less inflation there is the more purchasing power the dollar has.

With the dollar down in the dumps along with better fundamentals, it can easily have a short squeeze rally.

About Pro Trader: Pro Trader is the best way to have your arms around the markets, equities, gold, oil, stocks, news in the least amount of time. Have conviction what to do based on news, charts, pro analysis, live chat, in short sweet daily reports at the crack of dawn.

Disclaimer: Securities reported by Elazar Advisors, LLC are guided by our daily, weekly and monthly methodologies. We have a daily overlay which changes more frequently which is reported to our premium members and could differ from the above report. Portions of this report may have been issued in advance to subscribers or clients. All investments have many risks and can lose principal in the short and long term. This article is for information purposes only. By reading this you agree, understand and accept that you take upon yourself all responsibility for all of your investment decisions and to do your own work and hold Elazar Advisors, LLC and their related parties harmless. Any trading strategy can lose money and any investor should understand the risks. #in, $spy, ^GSPC, INDEXSP:.INX, CME Globex: ES, #Gold, $gld, #oil, $oil, $bonds, $tlt, #gold, #price #crudeoil

What Does Ferris Bueller, Trump And The US Dollar Have In Common Today?

Picture Source: Ferris Beuller
[See if after reading this report you can figure out why we’re showing you a picture of Ferris Bueller. First one in comments with the right answer gets a shout out.]

First, Down To Business: The US Dollar!


Something happened pretty amazing to the US dollar today. It went up.

What’s so big about that, you may ask? 

Well the same news that has been killing the dollar since mid-May came out again today. This time the dollar went up.

Let’s review.

Rewind Back To The Comey Memo Leak May 16th

On May 16th The New York Times came out with a then-bombshell report that accused President Trump of obstructing justice when he asked James Comey, “I hope you can let this go.”

Last week in a sworn testimony Mr. Comey actually proudly admitted that he was the source of that potentially illegal leak. Mr. Comey and The Times claim that President Trump asked Mr. Comey not to investigate Michael Flynn and any potential Russian involvement.

Let’s see what the dollar did since then.
Chart By Interactive Brokers
If the President was ever convicted of obstructing justice there would be impeachment risk which would put the US in a political spiral. Dollar holders picked up on that and ran for cover.

Last Week June 8th: Comey’s Testimony

In last week’s testimony however Mr. Comey was unable to accuse President Trump of actually obstructing justice.

When asked if Mr. Comey thought President Trump’s line was an obstruction of justice he said (thank you Politico),

“I don’t know, that’s Bob Mueller’s job to sort that out.”

Mr. Comey is an attorney, he knows the law. There was nobody else in the room with him and President Trump. Mr. Comey said there were no other requests from anybody to drop the Flynn case later on. Still Mr. Comey said “I don’t know” if President Trump obstructed justice.

That sounds awfully like President Trump was exonerated. There were no witnesses and the only legal-expert that was a witness doesn’t know.

Still he hinted that it will be up to Bob Mueller to sort that out.

Fast Forward To June 14th: Mueller?
This time The New York Times is trying to follow up their bombshell report from mid-May. They said that they were again leaked that this time in fact special counsel Robert Mueller may be looking into President Trump’s obstruction of justice. (Hmm, wonder who leaked that one.)
But the real news is what the dollar did this time.  Let’s see.
Chart By Interactive Brokers
Despite the same bad “obstruction of justice” news the dollar went up this time.
That is a sign that despite the “bad news” you have “good action.” That could be a sign that the dollar is trying to bottom.
Other Factors Helping The Dollar
The weak inflation numbers yesterday may have helped the dollar.

The dollar seemed to breathe a sigh of relief after the Fed announcement yesterday as well.  More rate hikes can help inflation stay low which helps the US dollar’s buying power.
The debt ceiling is certainly a risk for the dollar but it appears that the debt ceiling due-date keeps getting pushed out farther into the future. That can force traders to cover.
Frankly we expect President Trump to have enough Democrats and not-so-conservative Republicans to pass a “clean raise” of the debt ceiling. That would be very bullish for the dollar. Shorts would need to cover.
Bueller? Bueller? Mueller?
Mueller
Bueller
Did anybody figure out our first question why we’re showing you a picture of Ferris Bueller? First one in comments to figure this one out gets a big shout out.
And As A Bonus: Ferris Bueller On The US Dollar
“The US Dollar Moves Pretty Fast. If You Don’t Stop And Look Around Once In A While, You Could Miss It.”
About Pro Trader: Pro Trader is the best way to have your arms around the markets, equities, gold, oil, stocks, news in the least amount of time. Have conviction what to do based on news, charts, pro analysis, live chat, in short sweet daily reports at the crack of dawn.

Disclaimer: Securities reported by Elazar Advisors, LLC are guided by our daily, weekly and monthly methodologies. We have a daily overlay which changes more frequently which is reported to our premium members and could differ from the above report. Portions of this report may have been issued in advance to subscribers or clients. All investments have many risks and can lose principal in the short and long term. This article is for information purposes only. By reading this you agree, understand and accept that you take upon yourself all responsibility for all of your investment decisions and to do your own work and hold Elazar Advisors, LLC and their related parties harmless. Any trading strategy can lose money and any investor should understand the risks. #in, $spy, ^GSPC, INDEXSP:.INX, CME Globex: ES

#ferrisbueller

Four Tricks From Chat How We Confirmed A Bull Market

Photo by Mike Mozart but see if you can discover through this report why we are showing you a Whopper.
Does anybody remember Friday or Monday? Goldman’s and Citron’s calls were supposed to crash markets. It’s ancient history already but there were about a million calls for a correction.


We want to review some chat quotes we had to Pro Traders on Monday in the wee-pre-market hours as we made a gameplan for the coming day.

From these quotes you’ll discover a few of our secrets how we use daily “action” to spot and confirm medium-term trends.

First What’s Action?

Action is the trading art of comparing what is “supposed” to happen versus what does happen. It’s a mindset. The news isn’t the only piece of information.

When you have news and reports you’d expect markets or stocks to move in a particular direction. If they are you have confirmation. If not they are telling you a powerful story that something is underlying pushing the other way.

We love to use action and Friday and Monday had big tell-tale signs of amazing bullish action.

How We Used Intraday To Confirm Our Medium Term Entry

Here’s what we said on chat Monday, June 12, 2017: 6:02 AM EDT as bearish sentiment was sky high in the news and markets. Futures were looking down.

“A nice way to enter to make sure you’re not catching a falling knife is to see it move up higher than the first 30 minute range. Then see that the close closes higher than the open or not far off. This way you know the market’s not just going straight down on you.”

First, full disclosure, we did not write the chat nearly that clean. It’s been mildly edited.

Let’s review the chart in relation to what we said still groggy after a few mochaccinos.

Many can tell you to buy or sell or be bullish but really to have confidence each day muscling through volatility, it takes a proper strategy, we think, short, medium and long term.

First Action Trick: Let’s first review the “30 minute range.”
We’re now going to analyze our above quote.

Charts By Interactive Brokers


We were getting more bullish on NASDAQ ETF $QQQ Monday morning. As long as you saw the market not falling lower than the first 30 minutes you have a little more confidence to enter.

For QQQ it turned out that the low of the day was in that first thirty minutes. That was something we were looking for several hours previously in our gameplan.

Second Action Trick: Let’s review “closes higher than the open.”


Here you see QQQ giving you a second confirmation on Monday with the close higher than the open. The bearishness eased through the day.

Third Action Trick: Later In The Day: Boring Action Is Bullish

And for good measure we’re going to give you a third secret we said during the day.

On June 12, 2017: 2:33 PM EDT we pointed out the following,

“Slow boring follow through: bullish.”
Let’s see.


We noted where we made the “boring” comment above.

The market wasn’t doing anything and definitely wasn’t living up to the hype of a big bearish day.

Fourth Action Trick: SPY Hardly Down, Are You Joking?

From the close on Thursday to the close on Monday the S&P 500 ETF SPY went from 243.78 to 243.36. It was down a whopping 40 cents.
Here’s a Whopper.



After all of that reported “chaos” SPY was down $.40. That’s not so bad. That’s a sign of “bad news” “good action.” That’s bullish.

For Fun, Other Elazar Quotes From Monday’s Chat On Pro Trader

“Look there’s going to be a million down days. The market is so not used to having even one down day. It’s a little nuts.”

“The dip spooks people. Then it goes up. Then they miss it. Then they say [we’ll catch the] next dip and same thing.”

“These down moves have been opportunities but still you want to see the market not falling. Not falling is good. Open and close. That’s the gameplan that you can manage with a clear head.”

We had a million quotes on chat on Monday’s Pro Trader, as we do most days. You can lean on us. That’s what we’re here for.

In the meantime, hope you enjoyed some of our “action” trading tricks.
#stockmarketmentoring

Full Disclosure: I/we do not own a Whopper and have no intention of buying or selling a Whopper today or in the next week.  We were not paid to advertise this Whopper even though it looks very yummy. If you do buy a Whopper we hold no responsibility for its contents.

About Pro Trader: Pro Trader is the best way to have your arms around the markets, equities, gold, oil, stocks, news in the least amount of time. Have conviction what to do based on news, charts, pro analysis, live chat, in short sweet daily reports at the crack of dawn.

Disclaimer: Securities reported by Elazar Advisors, LLC are guided by our daily, weekly and monthly methodologies. We have a daily overlay which changes more frequently which is reported to our premium members and could differ from the above report. Portions of this report may have been issued in advance to subscribers or clients. All investments have many risks and can lose principal in the short and long term. This article is for information purposes only. By reading this you agree, understand and accept that you take upon yourself all responsibility for all of your investment decisions and to do your own work and hold Elazar Advisors, LLC and their related parties harmless. Any trading strategy can lose money and any investor should understand the risks. #in, $spy, ^GSPC, INDEXSP:.INX, CME Globex: ES

FANG FAAMG Tech Boom Coming: Sorry Goldman


Goldman decided to go bearish on their own version of FANG called FAAMG. FANG is Jim Cramer’s well known acronym for Facebook, Amazon, Netflix and Google.

FAAMG??? It’s FANG!
First, we had a rant on Goldman where investing.comquoted us as saying,

“Goldman, c’mon, you can’t just change a catchy moniker to whatever you want. You can’t call them FAAMGs after Jim Cramer coined the term FANG. Cramer’s call is what it’s going to be. You can’t just call it whatever you want and include whatever stocks you want. Some things are sacrosanct in this business. If Cramer coins a term we all need to abide by it.
As we all know what Cramer says goes.
Key Stat Everybody Needs to Pay Attention To

OK now with that out of the way, the key stat that we don’t see anybody talking about is productivity.

Productivity is on its tail but previous moves up took technology stocks with it a la the 1990s.

Here’s the chart. A picture speaks a 1000-clicks (words).


Conclusion
If you look at the ‘90s’ productivity bottomed, taking the stock market higher with it.

With self-driving-this and AI-that we’re probably going into another technology stock tech boom thanks to productivity taking FANG, FAAMG, NASDAQ and every other four-letter, five-letter acronym under the sun up with it.
That’s one more reason not to be a bear.

SUBSCRIBE

Disclaimer: Securities reported by Elazar Advisors, LLC are guided by our daily, weekly and monthly methodologies. We have a daily overlay which changes more frequently which is reported to our premium members and could differ from the above report. Portions of this report may have been issued in advance to subscribers or clients. All investments have many risks and can lose principal in the short and long term. This article is for information purposes only. By reading this you agree, understand and accept that you take upon yourself all responsibility for all of your investment decisions and to do your own work and hold Elazar Advisors, LLC and their related parties harmless. Any trading strategy can lose money and any investor should understand the risks. #in, $spy, ^GSPC, INDEXSP:.INX, CME Globex: ES, $qqq, #fang, $amzn, $fb, $msft, $nflx, $goog.

Top 10 Stock Market Correction Calls In The Last Couple of Days

They’re all the same really. Everybody is piling on the idea that the market needs to correct.

You can do this exercise yourself. You don’t need to believe us. Go to www.google.com and click news (click here we did it for you).

It didn’t take long to find the first two, three pages crawling with Armageddon calls after Friday’s move.

Friday’s Move

Here’s the S&P 500 amazingly huge -.15% on Friday. With all the the noise I had to check my quotes. Yup, S&P 500 ETF SPY down an incredibly huge amount 37 cents.

That brought all the bears out of hibernation, once again.

Top Ten Recent Calls For A Stock Market Crash
10. Jim Rogers: The worst crash in our lifetime is coming.
9. The stock market’s next 5% is down.
8. Time to start preparing for the top of this stock market’s bull run.
7. A Broad Stock Market Correction Would Unleash The Ugly Stick: Market Recon
6. Even the big technology companies look too much like 1999 not to sell some stocks
5. The stock market just broke
4. Why A Stock Market Plunge May Be Needed…
3. Time is now to prepare clients for a stock market correction
2. Beginning of the stock market sell-off?

1. Horrendous storm to hit stocks, Wall Street not rational. 

And For Our Favorite Chart

We hope to be showing you this chart for the next nine years. The market has gone up in two major 16-17 year upswings.

This market also broke out and is about eight years into it. Another nine to go.

The breakout is a confirmation.

But Will “They” Let You Hold On?

Will “they” let you stay bullish or will they talk you out of stocks at every little dip?  Have you caught on? Record low rates, the best earnings growth in six year, every bad news event gets followed with upside. Everybody is out of the market based on sentiment.

“They” get paid for you to click.  Did they get you to click?  Did it make you money?

Time For A Change?

If fundamental and technical factors are in place we’re going up for nine years. Sure there can be bumps in the road.

Pro Trader is the best way to have your arms around the markets, equities, gold, oil, stocks, news in the least amount of time. Have conviction what to do based on news, charts, pro analysis, live chat, in short sweet daily reports at the crack of dawn.

 Disclaimer: Securities reported by Elazar Advisors, LLC are guided by our daily, weekly and monthly methodologies. We have a daily overlay which changes more frequently which is reported to our premium members and could differ from the above report. Portions of this report may have been issued in advance to subscribers or clients. All investments have many risks and can lose principal in the short and long term. This article is for information purposes only. By reading this you agree, understand and accept that you take upon yourself all responsibility for all of your investment decisions and to do your own work and hold Elazar Advisors, LLC and their related parties harmless. Any trading strategy can lose money and any investor should understand the risks. #in, $spy, ^GSPC, INDEXSP:.INX, CME Globex: ES

S&P 500 Weekly Catalysts: Are They Keeping You Out Of The Market?

Are ‘they’ keeping you out of the market?











S&P 500: BULLISH
Interactive Brokers
For clarity’s sake, we are turning very bullish short term on SPY from already bullish. SPY hardly budged on Friday with the big downdraft.
FANG Downdraft
The general market took a dip on Goldman’s bearish call on FANG (Facebook, Amazon, Netflix, Google) valuations. We had been neutral on Apple, Amazon, Google, and Microsoft but bullish on Facebook all based on our work and our earnings multiplied by historical PEs (Price-to-earnings valuation ratios). The downdraft in NASDAQ is an opportunity to enter this bull market.
Wednesday: Fed Rate Hike
The Fed is expected to raise rates by 25bp at their meeting Wednesday. CME has a 99% chance of a hike. The Fed has said their intention is to return to 3% Fed Funds by 2019 (search: Federal Funds Rate) from the current 1%. As long as the market gives them the “ok” the Fed will raise rates to get back to their version of “neutral” at 3%. Wednesday’s move will get them over 1% for the first time since 2008.
There will be a press conference which will discuss the Fed’s plans to reduce their $4T debt portfolio later this year.
When the Fed announced a taper May 24th through their minutes, bonds went up which is a sign of “great action.”
We expect something similarly bullish on Wednesday.
Wednesday CPI

Jun Jul Aug Sept Oct Nov Dec Jan Feb Mar Apr
Core CPI Mo-Mo 0.2 0.1 0.3 0.1 0.1 0.2 0.2 0.3 0.2 -0.1 0.1

CPI slowed the last two reports. After Wednesday, the CME does not expect another Fed rate hike until 2018. If the CPI report remains low it can push the Fed’s plan for their next rate hike into next year. That would be bullish.
Thursday Jobless Claims

Jobless claims have been coming down for years and are near record lows. Thursday’s weekly report is significant to us because it’s a weekly economic readout that matters to markets.
Last week strengthened from the week before.
Last Week: James Comey: Bullish
Many in the media are still hanging on that the Comey news is a bombshell event. If anything, politics is keeping people out of this bull market, as we’ve been saying while the media is trying to sensationalize news. That can’t help you make money unless you are a devout contrarian.
That said, if anything, James Comey did a good job of incriminating himself that he was the source of a leak.
He also managed to discredit the media by saying that “bombshell” leaks were not correct. That could take the bite out of next “bombshell” news events helping markets rise.
Comey also confirmed that President Trump is not under investigation which is of course bullish. Who reported that?
Being a lawyer Comey was not able to say himself that President Trump obstructed justice. With no other witnesses except himself, and being a lawyer, and not being able to say it was obstruction of justice, probably heavily favors President Trump to be found innocent. That is bullish.
Politics Keeping People Out Of This Bull Market

Look at this quote from a CNBC interview this weekend,
“I have a lot of clients, big multi-national clients, who have a lot of money on the sidelines,” she added. “They were ready to go in January and because of uncertainty related to fiscal policy, they are now sort of deer in the headlights and on hold. That is not what we want to see.”

Investors are stunned by the media’s portrayal of the news which should have clearly reported that President Trump was exonerated on Thursday. But media coverage is not incentivized to give that message because they miss out on a hot story. That style of media coverage is keeping people out of this bull market.

Individual Investors
Here’s more proof the media is sidelining investors both big and small.
AAII does a great survey of individual investors.
They are saying that bullishness is below historical average and neutrals and bearishness are at historical averages.
There is no euphoria here either meanwhile equity markets are at record highs. 
The media is doing a great job of keeping many investors both individual and institutional on the sidelines while earnings growth is picking up. Think about that bullish setup with great fundamentals and nobody “in.”
Debt Ceiling
We’d guess President Trump is going to push to get a “clean raise” in the debt ceiling. That is what Democrats have wanted for years. If you exclude the conservative Republican votes, Trump probably has the ability to get enough votes for a clean debt ceiling raise with the remaining Republicans that back him plus the Democrats. This may not be the risk people expect.
Editor’s Rant
Many report the news but lately mostly direct you to exit the markets. We’ve been pointing out to our Pro Traders that we could be in for a multi-year bull market. The general media wants to talk you out of that opportunity. 
If you are having trouble staying long using your current news source and want more meat on the bone why, how and when you can enter, give us a shot. 
Missing From This Report
Pro Traders get the above style report well before markets open each day covering STOCKS, EQUITY MARKETS, GOLD, OIL, CURRENCIES and BONDS.
About Pro Trader

Pro Trader is the best way to have your arms around the markets, equities, gold, oil, stocks, news in the least amount of time. Have conviction what to do based on news, charts, pro analysis, live chat, in short sweet daily reports at the crack of dawn.
Disclaimer: Securities reported by Elazar Advisors, LLC are guided by our daily, weekly and monthly methodologies. We have a daily overlay which changes more frequently which is reported to our premium members and could differ from the above report. Portions of this report may have been issued in advance to subscribers or clients. All investments have many risks and can lose principal in the short and long term. This article is for information purposes only. By reading this you agree, understand and accept that you take upon yourself all responsibility for all of your investment decisions and to do your own work and hold Elazar Advisors, LLC and their related parties harmless. Any trading strategy can lose money and any investor should understand the risks. #in, $spy, ^GSPC, INDEXSP:.INX, CME Globex: ES

You Don’t Need Us! Giving Away All Our Trading Secrets: Collecting Information

We wanted to periodically give away some of our process secrets for trading and investing.
Today we wanted to focus you on having your arms around the news each day.  We probably spend 3-5 hours each morning combing through the news to widdle it down into something meaningful. There is way too much noise out there so we have to boil it down into something. But first you have to collect it all. 
We can’t rely on one news outlet because they can’t catch everything nor do they follow all of your favorite data points you discovered over the years. Many media sources are biased (usually negatively lately) so they may only show directional data rather than stay open minded.
We have a simple list below we built using Google Alerts. It’s a great, simple tool to put exactly what matters to you in markets, or really anything. You personalize it and see what you want when it comes up.
You can change the settings to “as it occurs,” “once a day,” etc.
When big news stories come up we change it to “as it occurs.” 
Then, of course, we forget all about it after we no longer need it and get bombarded in the inbox for a few extra days about Obamacare or something until we figure it out and shut it back off to “once a day.”
Here’s our list. You can keep it for yourself then you don’t need us, unless, of course, you don’t have 3-5 hours a day each morning to kill to do it yourself.

Here’s our 180 item list….

amd
american healthcare act
american petroleum institute
amzn amazon
apple aapl
asia.nikkei
atlanta fed
baba alibaba group
baidu bidu
bank of japan
bannon gold
bitcoin
bloomberg
boj kuroda
boj or en
bond market
bullard fed
central bank
chaim siegel
Chicago federal reserve
china capacity
china economy
china foreign reserves
china gdp
china inflation
china manufactering index
china stock market
Citigroup Economic Surprise Index
clipperdata
cmbs spread
cnbc
commitment of traders
commodit
consumer china retail
cot commitment of traders dollar
cot commitment of traders gold
cot commitment of traders oil
cot speculative oil positions
credit
credit default swap
credit spread
credit spread of the Bank of America Merrill Lynch High Yield Master Index
crude inventories
crude oil inventories
currency
dealogic
debt ceiling
delinquencies
draghi
draghi schedule
Drilling Productivity Report eia
dsnews
earnings
earnings guidance
ecb european central bank
ecb.europa
economy
eia
Eisuke Sakakibara
elazar advisors
euro inflation
europe gdp
europe inflation
europe manufactering index
facebook fb
fed normalization
federal reserve
federal reserve speech
fitch rating
floating oil storage
gartner smart phone
gdpnow
german elections
gold
gold russia china
gold standard
google alphabet goog
growth
gundlach
hang seng
hedge fund manager
hong kong stock market
iea
imf
imf gold
inflation
investment company institute fund flows
iran election
iran oil
iran production
Italy bank
italy elections
jack ma
james comey
japan gdp
japan inflation
japan manufactering index
jared kushner
jeff gundlach
jeremy siegel
jerome powell
jim chanos alibaba
kamakura company index
Khalid al-Falih
lael brainard
Lipow Oil Associates
liquidity squeeze
Loretta Mester
Marine Traffic
Mick Mulvaney
microsoft msft
middle east oil
Minister Taro Aso yen
money supply
moodys
morningstar
morningstar credit
muddy waters short china
natural gas
natural gas inventories
netherlands holland elections
newyorkfed
nigeria oil
nikkei asian review
nvidia nvda
oil
oil bankruptcy
oil contango backwardation
oil decline rate
oil depletion
oil floating storage
oil forward curve
oil supply disruption
OPEc
option expiration
Patrick Harker
peter navarro
Petro-Logistics
Pierre Andurand oil
qcom qualcomm
reuters
rig count
Riyadh
russia oil production
rystad energy
S&P global platts
S&P/LSTA Leveraged Loan Index
saidi arabia
san francisco fed
saudi arabia economy
scott minerd guggenheim
shale cost per barrel
shale oil
shale output
smb blog
spain elections
speculative gold positions chart
steve bannon
steve cohen 72
steve eisman
steve mnuchin
syria
tesla
The Fitch Fundamental Index
Thomas Tom Lee Fundstrat
trading discipline
Treasury Borrowing Advisory Committee
trump
trump budget
twitter twtr
US dollar
US manufacturing index
US treasury china
Venezuela oil
wall street journal
war
world gold council
yellen
yield US spreads
yuan

#stockmarketmentoring

About Pro Trader: Pro Trader is the best way to have your arms around the markets, equities, gold, oil, stocks, news in the least amount of time. Have conviction what to do based on news, charts, pro analysis, live chat, in short sweet daily reports at the crack of dawn

Disclaimer: Securities reported by Elazar Advisors, LLC are guided by our daily, weekly and monthly methodologies. We have a daily overlay which changes more frequently which is reported to our premium members and could differ from the above report. Portions of this report may have been issued in advance to subscribers or clients. All investments have many risks and can lose principal in the short and long term. This article is for information purposes only. By reading this you agree, understand and accept that you take upon yourself all responsibility for all of your investment decisions and to do your own work and hold Elazar Advisors, LLC and their related parties harmless. Any trading strategy can lose money and any investor should understand the risks. #in, $spy, ^GSPC, INDEXSP:.INX, CME Globex: ES

How Do I Stay Long In A Bull Market: 10 Ways


Top 10: How To Stay Long In A Bull Market

10. Auto delete all bearish emails. They’ll keep popping up so immediately mark the source as spam. Really try to read each title in your in box very slowly so that as soon as you catch that it’s a little bit bearish you can auto-delete it before it convinces you. Create an automatic mental response to quickly delete such emails even when it has only a whiff of negativity.

9. Stop watching all major news networks and stop reading all major (and minor) publications.  They always try to slip in a bearish story from an important billionaire that you’d be stupid not to listening to. Everybody makes sense so just stop listening. If you don’t stop you’re going to always hear about how it’s a top, valuations are too high, this time is just like the time right before the last crash, etc etc. You’re going to hear this every single day until you just turn them all off.

Source

8. Don’t talk to your friends about the stock market whatsoever. If they are not totally gungho long they are going to try to talk you out of staying long. They’re going to tell you how insane it is and how risky it is.  Friends can influence you.  In one weak moment those choice caring words could find their way to your decision making process. Tune them out. Do the ‘ol cover the ears and ‘la la la’ routine until they learn to switch the subject.

7. Even worse, don’t talk to your parents about the stock market. They are older than you (generally right?). They have a whole different perspective, an older one, and view most things as inherently risky. They’re going to want to talk you out of anything you try to do that they wouldn’t do which are most things because they are older than you (generally).

6. Don’t talk to your spouse about the stock market. 8, 7, and 6 could be lumped in together but really they are all for different important reasons. Your spouse has the unique ability to coerce or make you feel bad about something. They can make you feel guilty by saying something like, “your spending your money on stocks and not on me??” There is really no getting around something like that so avoid these stock market conversations altogether.

5. Don’t let your broker talk you out of the stock market. Your broker may sound way smarter than you about stocks. Brokers are people too and they may have had a bad day, called to school to pick up the kids, yelled at by spouse, told they aren’t cutting muster at work and may take it out in their next stock market prognostication to you.  Depression breeds bearishness and we all have weak moments.

4. Ditch Smart Phone. If you have a smart phone you may want to consider ditching it. The problem with smart phones is they make it really easy to trade.  Anything that is that easy to trade is that easy to exit.

3. Invest Where You Get Penalized To Exit. Put your side investment money in an investment plan that has too many penalties to take it out early.  Put it in your kids name, your name, whoever, just make it very very difficult to grab that money. That way you won’t touch it. Consider requiring two opinions to make any changes where you both swear up and down not to get out.

2. Bookmark this page and reread this list every single day. It may end up being a lonely life for a while with nothing else left to talk about any more but that’s ok. If it’s a bull market you’ll be rich and they’ll all be your friends anyway.

1. Look at this chart every single day.

Source: Chart Macrotrends.net, Lines By Elazar Advisors.



Fundamental, Technical, Profitable
Pro Trader is the best way to have your arms around the markets, equities, gold, oil, stocks, news in the least amount of time. Have conviction what to do based on news, charts, pro analysis, live chat, in short sweet daily reports at the crack of dawn… 

#stockmarketmentoring

Disclaimer: All investments have many risks and can lose principal in the short and long term. This article is for fun and information purposes only. By reading this you agree, understand and accept that you take upon yourself all responsibility for all of your investment decisions and to do your own work and hold Elazar Advisors, LLC and their related parties harmless. Any trading strategy can lose money and any investor should understand the risks.

 #in, $spy, ^GSPC, INDEXSP:.INX, CME Globex: