XJO Weekend Charting and Chat - 15th December 2017, page-14

US tax reform is certainly good news for Australia. At the very least it will drive our AU$ lower (positive for most ASX stocks) and brings anticipation of lower taxes in Australia (or else we become less competitive). Still not a done deal (which is why I think there is still upside) but seems increasingly likely.

The SPI reached a new high last week and given the rally Friday night I would be surprised if we didn't end the year around 6100.

Many thanks to all contributors but escpially RB and Jacko. I read most of the investment banks daily research (most days) but never miss the daily views and analysis of Jacko and RB. Easy to read and very insightful!