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Stock Market Under Trump
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This is looking like a good buy opportunity for some sectors. While I normally like the technology sector I would stay out right now as far as new buys. For now I am still holding, but I have stop losses put in with my brokerage. I would stay FAR away from anything related to travel. Energy and materials might yield some decent gains as well as healthcare. It's too late to jump into treasuries (bonds) right now if you didn't already have a portion of your portfolio in them.
The major drop that we have seen over the last 2 days was pretty much needed and should reach the bottom soon. I still predict a move to the upside by the end of the week, though there is no way we come back to where we were last Friday. There are 10 kinds of people in this world. Those who understand binary and those who don't. We show less advertisements to registered users. Accounts are free; join today! |
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