Stocks may benefit if Trump wins the PE. Will the stock rally sustainable?
It is difficult to tell how much more upside does DJT have, just like who will win in the US presidential election (in short PE). Anything can happen at the last minute on 5-11.
Beside DJT, I think those companies that are linked to Trump (e.g. $Phunware (PHUN.US)$ ), related to Conventional Energy (e.g. $Cheniere Energy (LNG.US)$ ), benefited from Tariffs (e.g. $Intel (INTC.US)$ ) and publicly supported Trump (e.g. $Tesla (TSLA.US)$ ) will be bullish if Trump wins. See chart.
Beside DJT, I think those companies that are linked to Trump (e.g. $Phunware (PHUN.US)$ ), related to Conventional Energy (e.g. $Cheniere Energy (LNG.US)$ ), benefited from Tariffs (e.g. $Intel (INTC.US)$ ) and publicly supported Trump (e.g. $Tesla (TSLA.US)$ ) will be bullish if Trump wins. See chart.
However, I think such a rally is not sustainable. It will lose steam after the US presidential election has ended and other macroeconomics factors will take over. As my core portfolio is for a long position, I am not so concerned. But I am planning to trade options to earn some money at calculated risk.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.
3063Followers
95Following
12KVisitors
Follow
104607726 : thanks