Whether it’ll happen or not, the market is most certainly punishing all of the homosexual tech companies who’ve enjoyed peace and prosperity under the censorship friendly Biden regime. You can see it in the shares of $META, barreling lower by 5.5%. There is something to be said about retribution and the fact private prison stocks like $GEO have gone up since Trump dodged assassination.
We are also seeing in the shares of $TSM and I suspect you’ll start to see Trump plays emerge in the tape the closer we get to the elections. Right off the bat, we are seeing banks soar, deal houses, tobacco, oil and residential construction. For example, the entire regional banking sector is +15% the past week and the homebuilders are +14%. We are also seeing gains in industrials, rubber, auto dealerships, machines and tools, farm equipment, and transports.
On the downside is tech, copper (china), and Chinese stocks.
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