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SE ND | Price will likely pullback, but now that structure has been taken out, sellers would be expected to be there. The pullback from the energy expended on the rally will be very prolonged and painful. Think of it in terms of corn going to 843 and what has happened since and what is still coming there. Something very similar is very likely to occur with stocks. Those who are young and will be adding during the pullback will do very well. Those who can get out now have enjoyed an amazing run. As I see it, those retiring in the next couple decades could be in for a tough time.
Btw, I think Trump has done great things for removing regulations for business. Wish more could have been done with R's in control, but as usual they seem to find some way of not getting it done. Obamacare has been an albatross to small business that needed to be removed. Very likely it isn't going to happen now. Trump oversaw a huge stock market rally, but will likely see some of the large pullback as well. It is a function of energy and price always swings.
Edited by NoDakFarmer 12/22/2018 09:22
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Stock market?
