Trading Expert Points to Pitfalls in Post-election Market Spike

Mere hours after the presidential election results became clear, Wall Street responded with one of the largest spikes in stock prices every recorded. Shortly thereafter the Dow Jones hit 13,000 for the first time in history, and investor confidence is the highest it’s been since at least 2003.

With the hype around “making America great again,” there’s sure to be money made in the market as values and valuations continue to rise in the first quarter of 2017.

But one trading expert argues that what we’re seeing could lead to another market bubble with an even greater crash than the so-called Great Recession.