A ‘magic bullet’ is about to push U.S. stocks higher

Long and strong.

That has been the playbook for the aggressive speculator whose mantra is “trading in the now.”

While many investors are skeptical of the three-month stock market rally, it is to be noted that the Trump administration’s initiatives of a corporate tax cut and deregulation are about as close to a magic bullet for equities as it gets.

And magic bullets of the fundamental sort tend to have a larger effect on stocks than most believe. For this reason, it is better to set the crystal ball aside and simply let the market tell its own story.

When stocks have fully discounted the perceived benefits of administration policies, the averages and individual stock leaders will “speak.

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