The year is behind us. POT was at 147% with a lot of new topics. We want to thank everyone who watched us last year, and trusted us with their education. Here is how last year turned out.
If you look at every MORNING REPORT from December 31, 2018, you will see the same prediction throughout the year. THEY NEVER changed. Let me break this down for you.
ONE - The market was up 29% for the year. This is HUGE.
TWO - The very same democrats that tried to get a wall built (under Obama) have been calling Trump a racist for trying to build a wall. They shut down the government to avoid giving Trump wall funding. Trump got around it, and the wall is going up at about 1 mile per day.
THREE - At the start of 2019, the media was crying and saying Trump was going to cause a recession fighting with China. China was acting tough saying that they would not deviate from their goals, and would retaliate against any tariffs. I criticized China, and said they are a giant Ponzi scheme that can't win a trade war. I stated they would “blink” first, and people said I was wrong. On August 6, 2019 (7 months later) China blinked. The media even used those exact words.
FOUR – 2018 ended on a 20% drop from October 2, 2018 to December 28, 2018. Chairman Powell was not careful about the choice of his words, and seemed aggressive to raise rates. He was blundering EVERY interview. I stated that Powell is getting so much heat from the media and Trump, that despite wanting to be his own man, he will shut up and play the game. He doesn't want to lose his job.
FIVE – Trump will NOT stop tweeting. This was the easy one. He will be even worse in 20/20 because it is free political advertising during an election year.