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Trump trade: Bitcoin hit record highs and Tesla hits $1 trillion market cap
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๐Ÿ•บ๐Ÿผ Trump Week! ๐Ÿ•บ๐Ÿผ ๐Ÿ”ฅ HOT US Market Outlook(11-15 Nov)๐Ÿ”ฅ

Market Surge Amid Trumpโ€™s Re-election and Upcoming Corporate Insights:
๐Ÿ•บ๐ŸผThe re-election of President Donald Trump has sparked a rally in financial markets, sending major U.S. indexes to all-time highs, WOHOOOO!!๐ŸฅณThe $S&P 500 Index (.SPX.US)$ 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 Trumpโ€™s 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:
๐Ÿ”ฅ โ€ขThe $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ 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.
โ€ขTreasury 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:
๐Ÿš€ $Bitcoin (BTC.CC)$ hit an all-time high of $77,000, supported by Trumpโ€™s anticipated crypto-friendly stance and potential deregulation. Smaller altcoins, such as$ XRP (+11%), Cardano-linked tokens (+40%), and meme coins like Dogecoin (+17%), also surged. Analysts believe Trumpโ€™s administration could usher in a โ€œgolden eraโ€ for cryptocurrencies $Coinbase (COIN.US)$

Sector Performance:
โ€ข $Financial Select Sector SPDR Fund (XLF.US)$ and $Consumer Discretionary Select Sector SPDR Fund (XLY.US)$ sectors led gains, with the latter rising 6.5% post-election.
โ€ข $Tesla (TSLA.US)$ soared 25% in a week, surpassing a $1 trillion market cap, as Elon Musk aligned with Trumpโ€™s $Trump Media & Technology (DJT.US)$ policies.

Geopolitical Risks:
While markets celebrate short-term gains, significant geopolitical risks remain:
โ€ขProposed 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.
โ€ขOngoing 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:
๐Ÿ•บ๐Ÿผ Trump Week! ๐Ÿ•บ๐Ÿผ ๐Ÿ”ฅ HOT US Market Outlook(11-15 Nov)๐Ÿ”ฅ
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 youโ€™re 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, donโ€™t 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:
โ€ขFocus 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:
โ€ขAvoid long-term bonds due to rising yields and inflation concerns. $iShares 20+ Year Treasury Bond ETF (TLT.US)$
โ€ขDiversify 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.
๐Ÿ”ฎ Market Outlook for 11-15 Nov๐Ÿ”ฎ
๐Ÿ”ฅ $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $ProShares UltraPro QQQ ETF (TQQQ.US)$ $NASDAQ 100 Index (.NDX.US)$ $NASDAQ (NASDAQ.US)$ are riding a wave of optimism post-Trumpโ€™s re-election, risks like rising inflation, debt, and geopolitical instability remain. Despite that, my views remains the same, donโ€™t fight the bull itโ€™s fierce and raging now, especially year end, itโ€™s 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.
๐Ÿ•บ๐Ÿผ Trump Week! ๐Ÿ•บ๐Ÿผ ๐Ÿ”ฅ HOT US Market Outlook(11-15 Nov)๐Ÿ”ฅ
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๐Ÿ”ฅ $NASDAQ 100 Index (.NDX.US)$ has broken its last high of 20759, surged furiously to close strongly and decisively above 21100๐Ÿฅณ 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 $Invesco QQQ Trust (QQQ.US)$ $ProShares UltraPro QQQ ETF (TQQQ.US)$
๐Ÿ•บ๐Ÿผ Trump Week! ๐Ÿ•บ๐Ÿผ ๐Ÿ”ฅ HOT US Market Outlook(11-15 Nov)๐Ÿ”ฅ
RIDE WITH THE BULLS FRIENDS! NEW ERA is coming! $Trump Media & Technology (DJT.US)$
New ERA makes new Fortune.
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