๐บ๐ผ Trump Week! ๐บ๐ผ ๐ฅ HOT US Market Outlook(11-15 Nov)๐ฅ
Market Surge Amid Trumpโs Re-election and Upcoming Corporate Insights:
๐บ๐ผThe re-election of President Donald Trump has sparked a rally in financial markets, sending major U.S. indexes to all-time highs, WOHOOOO!!๐ฅณThe $S&P 500 Index (.SPX.US)$ rose 2.5%, the $Dow Jones Industrial Average (.DJI.US)$ surged 3.6%, and the $NASDAQ 100 Index (.NDX.US)$ $NASDAQ (NASDAQ.US)$ climbed 2.95% on November 6. Optimism around Trumpโs pro-business policies, $Trump Media & Technology (DJT.US)$ $Tesla (TSLA.US)$ such as tax cuts and deregulation, fueled investor confidence, although potential risks from tariffs and geopolitical tensions loom.
Key Highlights:
๐ฅ โขThe $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ briefly traded above 6,000 (which had surpassed many analyst forecast in advance) and the $Dow Jones Industrial Average (.DJI.US)$ surpassed 44,000 for the first time.
๐บ๐ผThe re-election of President Donald Trump has sparked a rally in financial markets, sending major U.S. indexes to all-time highs, WOHOOOO!!๐ฅณThe $S&P 500 Index (.SPX.US)$ rose 2.5%, the $Dow Jones Industrial Average (.DJI.US)$ surged 3.6%, and the $NASDAQ 100 Index (.NDX.US)$ $NASDAQ (NASDAQ.US)$ climbed 2.95% on November 6. Optimism around Trumpโs pro-business policies, $Trump Media & Technology (DJT.US)$ $Tesla (TSLA.US)$ such as tax cuts and deregulation, fueled investor confidence, although potential risks from tariffs and geopolitical tensions loom.
Key Highlights:
๐ฅ โขThe $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ briefly traded above 6,000 (which had surpassed many analyst forecast in advance) and the $Dow Jones Industrial Average (.DJI.US)$ surpassed 44,000 for the first time.
โขTreasury yields spiked to 4.47%, reflecting fears of rising debt and inflation, while the U.S. dollar posted its biggest gain since 2020.
Cryptocurrency Boom:
๐ $Bitcoin (BTC.CC)$ hit an all-time high of $77,000, supported by Trumpโs anticipated crypto-friendly stance and potential deregulation. Smaller altcoins, such as$ XRP (+11%), Cardano-linked tokens (+40%), and meme coins like Dogecoin (+17%), also surged. Analysts believe Trumpโs administration could usher in a โgolden eraโ for cryptocurrencies $Coinbase (COIN.US)$
Sector Performance:
โข $Financial Select Sector SPDR Fund (XLF.US)$ and $Consumer Discretionary Select Sector SPDR Fund (XLY.US)$ sectors led gains, with the latter rising 6.5% post-election.
โข $Tesla (TSLA.US)$ soared 25% in a week, surpassing a $1 trillion market cap, as Elon Musk aligned with Trumpโs $Trump Media & Technology (DJT.US)$ policies.
Geopolitical Risks:
While markets celebrate short-term gains, significant geopolitical risks remain:
โขProposed tariffs on imports, especially from China $KraneShares CSI China Internet ETF (KWEB.US)$ $Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ $Hang Seng Index (800000.HK)$ $CSI 300 Index (000300.SH)$, could escalate trade wars and inflation.
โขOngoing conflicts in Ukraine, the Middle East, and heightened tensions with Iran could disrupt global energy markets $Exxon Mobil (XOM.US)$ $Occidental Petroleum (OXY.US)$ $SPDR S&P Oil & Gas Exploration & Production ETF (XOP.US)$
Earnings Preview: What to Watch This Week
The upcoming earnings season will provide key insights into how consumers and businesses are adjusting to this evolving economic landscape. Companies to watch include:
Cryptocurrency Boom:
๐ $Bitcoin (BTC.CC)$ hit an all-time high of $77,000, supported by Trumpโs anticipated crypto-friendly stance and potential deregulation. Smaller altcoins, such as$ XRP (+11%), Cardano-linked tokens (+40%), and meme coins like Dogecoin (+17%), also surged. Analysts believe Trumpโs administration could usher in a โgolden eraโ for cryptocurrencies $Coinbase (COIN.US)$
Sector Performance:
โข $Financial Select Sector SPDR Fund (XLF.US)$ and $Consumer Discretionary Select Sector SPDR Fund (XLY.US)$ sectors led gains, with the latter rising 6.5% post-election.
โข $Tesla (TSLA.US)$ soared 25% in a week, surpassing a $1 trillion market cap, as Elon Musk aligned with Trumpโs $Trump Media & Technology (DJT.US)$ policies.
Geopolitical Risks:
While markets celebrate short-term gains, significant geopolitical risks remain:
โขProposed tariffs on imports, especially from China $KraneShares CSI China Internet ETF (KWEB.US)$ $Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ $Hang Seng Index (800000.HK)$ $CSI 300 Index (000300.SH)$, could escalate trade wars and inflation.
โขOngoing conflicts in Ukraine, the Middle East, and heightened tensions with Iran could disrupt global energy markets $Exxon Mobil (XOM.US)$ $Occidental Petroleum (OXY.US)$ $SPDR S&P Oil & Gas Exploration & Production ETF (XOP.US)$
Earnings Preview: What to Watch This Week
The upcoming earnings season will provide key insights into how consumers and businesses are adjusting to this evolving economic landscape. Companies to watch include:
1. $Disney (DIS.US)$ Expected to report a 16% increase in streaming subscribers, possibly driving its streaming unit to profitability. Theme park sales might plateau due to reduced visitor numbers, though higher per-customer spending offers some stability. If $Disney (DIS.US)$ beats its streaming expectations, it could solidify its long-term growth prospects. However, any weakness in theme parks may weigh on its near-term performance.
2. $Home Depot (HD.US)$ Sales are likely to decline for the eighth consecutive quarter, impacted by higher mortgage rates. Hurricane repairs could temporarily boost revenue but may not offset broader housing market challenges.Cautious investors should monitor signs of housing market recovery before committing.
3. $Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $JD.com (JD.US)$ $TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $Tencent Music (TME.US)$
Weak consumer spending in China may impact advertising revenue. Investors will focus on how new ad tools are adopted. Consider $Alibaba (BABA.US)$ $JD.com (JD.US)$ only if youโre optimistic about a Chinese economic rebound in the medium term. May take a few years to see growth. Especially if new president may impose tariffs on counterparts.
4. $Shopify (SHOP.US)$ Revenue is expected to grow by 23%, supported by a focus on enterprise clients and new strategies. Heavy marketing investments may weigh on margins in the short term. $Shopify (SHOP.US)$ remains a strong long-term pick in the e-commerce sector, especially if holiday season guidance confirms robust consumer demand.
2. $Home Depot (HD.US)$ Sales are likely to decline for the eighth consecutive quarter, impacted by higher mortgage rates. Hurricane repairs could temporarily boost revenue but may not offset broader housing market challenges.Cautious investors should monitor signs of housing market recovery before committing.
3. $Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $JD.com (JD.US)$ $TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $Tencent Music (TME.US)$
Weak consumer spending in China may impact advertising revenue. Investors will focus on how new ad tools are adopted. Consider $Alibaba (BABA.US)$ $JD.com (JD.US)$ only if youโre optimistic about a Chinese economic rebound in the medium term. May take a few years to see growth. Especially if new president may impose tariffs on counterparts.
4. $Shopify (SHOP.US)$ Revenue is expected to grow by 23%, supported by a focus on enterprise clients and new strategies. Heavy marketing investments may weigh on margins in the short term. $Shopify (SHOP.US)$ remains a strong long-term pick in the e-commerce sector, especially if holiday season guidance confirms robust consumer demand.
5. $Grab Holdings (GRAB.US)$ would perform relatively well for its last quarter business.
6. $Occidental Petroleum (OXY.US)$ If boss Buffett is holding positions of 28% stake in this, donโt miss this out. Returns may not be immediate, but you will thank yourself for thinking like him 10 years down the road.
Investor Recommendations:
Short-Term Strategy:
โขFocus on sectors like $Financial Select Sector SPDR Fund (XLF.US)$ $Consumer Discretionary Select Sector SPDR Fund (XLY.US)$ Consider small allocations to $Bitcoin (BTC.CC)$ $Coinbase (COIN.US)$ cryptocurrencies, but brace for volatility.
Long-Term Strategy:
โขAvoid long-term bonds due to rising yields and inflation concerns. $iShares 20+ Year Treasury Bond ETF (TLT.US)$
โขDiversify with commodities like $SPDR Gold ETF (GLD.US)$ $Barrick Gold (GOLD.US)$ $iShares Silver Trust (SLV.US)$ and $SPDR S&P Oil & Gas Exploration & Production ETF (XOP.US)$ $Exxon Mobil (XOM.US)$ $Occidental Petroleum (OXY.US)$ hedge against geopolitical risks and inflation.
Short-Term Strategy:
โขFocus on sectors like $Financial Select Sector SPDR Fund (XLF.US)$ $Consumer Discretionary Select Sector SPDR Fund (XLY.US)$ Consider small allocations to $Bitcoin (BTC.CC)$ $Coinbase (COIN.US)$ cryptocurrencies, but brace for volatility.
Long-Term Strategy:
โขAvoid long-term bonds due to rising yields and inflation concerns. $iShares 20+ Year Treasury Bond ETF (TLT.US)$
โขDiversify with commodities like $SPDR Gold ETF (GLD.US)$ $Barrick Gold (GOLD.US)$ $iShares Silver Trust (SLV.US)$ and $SPDR S&P Oil & Gas Exploration & Production ETF (XOP.US)$ $Exxon Mobil (XOM.US)$ $Occidental Petroleum (OXY.US)$ hedge against geopolitical risks and inflation.
๐ฎ Market Outlook for 11-15 Nov๐ฎ
๐ฅ $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $ProShares UltraPro QQQ ETF (TQQQ.US)$ $NASDAQ 100 Index (.NDX.US)$ $NASDAQ (NASDAQ.US)$ are riding a wave of optimism post-Trumpโs re-election, risks like rising inflation, debt, and geopolitical instability remain. Despite that, my views remains the same, donโt fight the bull itโs fierce and raging now, especially year end, itโs usually time for company to do window dressing IYKYK.
$S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ has broken many analyst prediction of 6000 (including mine) and raged up fiercely. In terms of charting, it has broken to next fibonnaci ratio and likely to remain around the region of 5883-6050 for this week. Before 2024 ends, it may close off to new adjusted target of mine in 6100-6183. Despite RSI screaming near 70 region to , i believe any near term retracement would be temporary, 5700-5768 region would be ideal to add in more positions. Likewise, if the bullrages on, 6183 would be my target.
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๐ฅ $NASDAQ 100 Index (.NDX.US)$ has broken its last high of 20759, surged furiously to close strongly and decisively above 21100๐ฅณ That is well above the psychological level of 20,000 and above my target of 20700. In terms of charting, it may chase the next fibonnaci (127.2%) at 21823. Hence, this week play will range within 21000-21823. Similarly, any adverse news may drive it down temporarily towards 19897-20,000. Never fight the feds or raging bulls, bears usually get hunted and taken down pretty quickly. $Tesla (TSLA.US)$ has crossed $300, $NVIDIA (NVDA.US)$ is closing in to $150, $Meta Platforms (META.US)$ is heading $600. What goes higher can spear higher.Short term play $Invesco QQQ Trust (QQQ.US)$ $ProShares UltraPro QQQ ETF (TQQQ.US)$
RIDE WITH THE BULLS FRIENDS! NEW ERA is coming! $Trump Media & Technology (DJT.US)$
New ERA makes new Fortune.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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