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Bullish Pressures Building

The French elections went as planned. Or better stated...they did not go as feared. This removed a hurdle for investors allowing stocks worldwide to advance.

Back here in the states, we are still about two months into a consolidation period under the all time highs at 2400. What is preventing stocks from moving higher is neither the economy nor corporate earnings. Rather it is clarity out of Washington.

Is a pro-growth agenda coming...or not?

Wednesday is when the administration is set to unveil their new tax plans. Some of the most attractive aspects have already been leaked about lower corporate taxes and middle class breaks. But everyone knows there could be plenty of negatives found in the fine print.

Plain and simple, the more pro-growth, and the more likely to become law...the sooner stocks will break above 2400. Any stumbles, on either front, will lead to a stumble in the stock market too. Trade accordingly.

Speaking of the best way to trade...that is just what this article will teach you. Great lessons are spelled out with benefits for old and new investors alike:

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Best,

Steve Reitmeister

Executive Vice President, Zacks Investment Research

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