Trump, Musk, Thiel & What’s Next for Stock Market

by Dawn Pennington
By Dawn Pennington

A lot of us stayed up late Tuesday night to watch election night coverage. 

And the broad-market rally that followed keeps us glued to the news.

Last week was the best of the year for stocks. And this week is on track to match or even beat that performance!

  • The S&P 500 broke above 6,000 in a broad rally that took all 11 sectors higher.
  • The Dow Industrials closed above 44,000 yesterday for the first time.
  • Tesla (TSLA) joined the rest of the Mag-7, Berkshire Hathaway and Taiwan Semi in the trillion-dollar market-cap club.

Plus, one of the most accurate predictions for the 2024 election season came true.

The best part: It was one of ours!

Juan Villaverde has been telling his subscribers that Bitcoin would hit a key cycle bottom on Nov. 5.

The OG crypto indeed started its ascent last Tuesday night. It flew past its previous all-time high and now sits above $86,000.

Source: CoinGecko. Click here to see full-sized image.

 

Juan’s Crypto Timing Model suggests we can expect Bitcoin to hit six figures by year-end.

But we’re thinking bigger … and even longer term.

After all, with the election results behind us, big changes are in store for the market in 2025.

Our readers have asked us what to do ...

So, we’re putting the finishing touches on a free report for you (see below).

But first, it's clear that the biggest early winner is Elon Musk.

Tesla has rocketed some 28% and added more than $200 billion in market cap. Just in the past five trading days!

Source: YCharts. Click here to see full-sized image.

 

With less red tape in Tesla’s future, the market is betting innovation and time to production will speed up ...

As government intervention slows down or even halts.

Musk is also expected to play a role in the new administration. Specifically, in reviewing and reducing red tape.

However, Trump’s transition team, which is being led by Cantor Fitzgerald, signals that Musk may simply work “adjacent” to the government.

That way, he can continue running Tesla, SpaceX and his other companies without having to divest.

It's not just Musk with reasons to celebrate right now.

Another big winner is Peter Thiel — co-founder of Palantir (PLTR) — with the stock soaring some 20% after its sunny revenue outlook thanks to “unrelenting AI demand.”

Thiel was a big backer of VP-elect J.D. Vance’s venture capitalist firm and his Ohio Senate run. 

We don’t yet know what role Thiel would take in a Trump administration, if any. 

But one thing is clear. Billionaires have seen their net worth skyrocket just over the past week. 

Source: Yahoo! Finance. Click here to see full-sized image.

 

And those who were invested in the right stocks also saw a nice bump.

At the same time, the market isn't being kind to some other key sectors. 

Think renewable energy companies, Chinese import-dependent firms and German carmakers.

Nissan just announced a 9,000-job cut. And Jeep-maker Stellantis plans to shed over 1,000 jobs.

Domestic EV-makers are also coming under pressure. Musk supports ending the Inflation Reduction Act’s $7,500 tax credit for U.S.-made EVs. 

There’s a lot going on right now. And 70 days stand between today and Inauguration Day to get ready for it.

Our readers have been asking us about the winners and losers yet to come ...

We're holding an urgent event on Nov. 19 to make sure you are prepared.

The event is called the Ride the Post-Election Wave Summit.

During this event, we'll also share our latest research report with you for FREE.

The report is called "The Stocks to SELL Right Now."

The only thing you need to do is sign up for the event ...

And we'll send you the link during our Nov. 19 special event.

On that day … 

Quant legend Gavin Magor will reveal exactly what to do.

You’ll learn … 

  • 4 Powerful Trump Trends You Can Profit from in 2025  
  • What Billionaires and High Net Worth Investors are Buying After the Election 
  • Details on 2 AI Stocks About to Go Up Big 

Plus, you’ll get the details on a little-known strategy you can put to use immediately …

Because it has a 100% profit success rate in the 120 days after an election. 

Trump’s second term starts soon. Get ready to discover stocks set to soar in the new economy. 

Register for the Ride the Post-Election Wave Summit now!

To your health and wealth,

Dawn Pennington
Editorial Director

About the Editorial Director

Dawn Pennington provides oversight and direction for all Weiss Ratings newsletters, trading services and educational courses while providing leadership for her team of financial publishing superstars.

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