The S&P 500 rose last week by 1.6% to an all-time high. The rising trend defeated the Hurricanes, North Korea and even the negative seasonality of September. In the coming days, the market will be affected mainly by the upcoming news of Trump’s new tax plan, and the conclusions of the Fed meeting on Tuesday and Wednesday.
Morals from the market’s conduct in the past few days:
Any attempt to guess when the trend will stop is destined to be a failure. The market is uptrending, very trading friendly and all you have to do is continue trading with your best friend – the trend.
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