Hi DD,
As a keen follower of US markets, the point you make re the President really working towards his own re-election next year is really at the crux of Fed announcements and Sino - US trade negotiations. I think also that this market is extremely risky to short as I think any pullbacks will be shallow and of very short duration. There is a neat trend channel for the SPX currently, which has good potential to visit again the September 18 highs.
Beyond that, the risk of a breakdown becomes large enough to make any bull quite nervous. But that talk belongs in the future.
In summary I think that Trump has more capabilities to further, his own career than most give him credit for, so I am staying long US major indices, for the next days/weeks. He can and will influence the US economic sentiments positively.
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