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.
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ZnWC
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I reflect trading experience by writing journals. My posts and comments are for education purpose not financial advice.
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