The S&P is up by 8% since election night. Everyone has gone collectively insane — chasing stocks up the chute, not knowing what they might find when they reach the top. From my biased perspective, you’re all gonna find monstrous yetis — who will then savage and eat you whole, reducing your little Robinhood piker accounts in shambles.
Nonetheless, there has been quite a bit of proverbial enjoyment since the Trump victory. Here are some of the highlights, with a very brief explanation for their prospective runs.
FNMA +93% – the federal government will permit this business to live without milking it for every red cent.
KRO +50% – EPA regulations for the chemical industry will be restrained.
CXW +48% – we’re gonna arrest lots of Mexican criminals and will need a place to store them.
RARE +45% – Hillary Clinton has been defeated. Ergo, the pharma industry has been saved!
X +42% – we’re gonna build a giant southern border wall, using lots of America steel.
PLCE +38% – with the defeat of Hillary, John Podesta, and his band of child pedophiles, will be prosecuted. Ergo, the children are safe.
TREX +33% – Trump’s infrastructure plans entails building TREX decks for every American tax paying homeowner. Lower taxes equals more spending.
FOSL +31% – lower taxes equals more spending.
DK +30% – American oil will be respected and encouraged. The refiners will enjoy less regulations and wider WTI-Brent spreads.
FCX +28% – Nonsensical. Apparently, we’re gonna make China great too.
WIX +26% – Everyone is building their own websites, publishing FAKE NEWS.
OZRK +27% – local banks are enjoying a blow out in credit spreads and will be encouraged to lend under Trump.
OAS +23% – Up on hopes of an OPEC cut and subsequent rise in crude.
DV +22% – Trump University for all. The era of online education is upon us.
Are you as wrecked as I am ytd?
Indexes are still being moved in a way
To prevent
them from going down. All trickery.
Regardless
of shifting trades underneath
my opine-ion
trick
FCX up 50% in a month. My portfolio is loving that