If You Think ‘Dow 19K’ Is Great, Wait Till You See What’s Coming Next

Money Morning Editor’s Note: Shah Gilani, our Capital Wave Strategist, is in pretty high demand these days as the keys to D. C. change hands and the Dow rockets past the critical 19,000 mark. Not only is he fresh from making his readers some of the biggest, fastest gains in the history of his trading services – 717% on Sturm, Ruger & Co. puts in a week – he’s been all over the news giving his take on where the markets are going next.
But Shah took a break from his busy television schedule to chat with me by phone about some things he just can’t say on TV, including exactly how important this milestone is, what this unknown territory holds for investors, and how to position yourself for the maximum possible upside at a time like this.
This is big…
Greg Madison: Thanks for taking the time to talk with me, Shah.
Shah Gilani: Of course. Anytime!
GM: Let’s get right to what’s on everyone’s mind: It’s all about the ‘Dow 19K’ phenomenon. What is the significance, psychologically and technically, of the Dow Jones Industrial Average topping 19,000 points?
SG: It is very significant. For three reasons.
For starters, it just wasn’t expected in the wake of Donald Trump’s election. We all know the markets had ‘priced in a Clinton victory’ and were supposed to tank should Trump win. That was the conventional wisdom, anyway, but to be honest, my gut told me this would go Trump’s way –
GM: Like you accurately called the Brexit vote back in June?
SG: Yeah, exactly. So my Capital Wave Forecast and Short-Side Fortunesreaders were in position for a Trump win, too, and I was able to make those infrastructure recommendations in Money Morning pretty quickly on Nov. 9. By the way, none of that stopped us from booking a 717% gain from my ‘Clinton’ trade.

This post was published at Examiner on November 28, 2016.