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| By Jim Nelson |
This has probably been the busiest week in the market all year.
We got a clear decision in the U.S. presidential election … rate cuts from the Bank of England and the Federal Open Market Committee … the firing of Israel’s defense minister … and earnings results that resulted in an Airbn-BEAT Thursday and Palantir soaring 20% Tuesday … few could have predicted this week.
One thing we didn’t get: volatility.
We had plenty of that before Tuesday’s election, as the markets hate uncertainty. Once they got a definitive answer, investors’ nerves calmed down considerably.
The “fear gauge” fell from more than 20 — which indicates higher-than average volatility — to about 15.
And stocks exploded higher.
The Dow Industrials opened more than 1,000 points higher Wednesday. And by the time the market closed, the index finished 1,508 points higher.
The buying continued all week. Tech stocks — including previous underperformers Alphabet and Microsoft — led the Nasdaq higher.
Will this last? It’s likely that much of Trump’s win was baked in. Either way, we wouldn’t be surprised to see some profit-taking from this broad-market rally along the way.
So, your best bet is to keep a close eye on what your favorite editors are buying … and staying away from.
Here’s what they believe stands to do well now and over the near term.
History Says Don’t Get Election-Spooked
Director of Research & Ratings Gavin Magor is as busy as ever with all that’s going on in the markets. And he shows you how to take advantage of that action.
3 Ideas That Aren’t Election-Related
While every other Tuesday story was speculating about what that night was going to reveal, Weiss Ratings Editorial Director Dawn Pennington gave us a reprieve with three non-election stories.
Sean Brodrick had something similar in mind by talking about an unstoppable investment trend that no election result would be able to alter. And he showed you how to profit from it.
AI and PCs Enter a Money-Making Marriage
Karen Riccio dives into a new driver for the one part of the tech industry that’s been lagging. She even found the best company to play it.
Ben Franklin Can Help You Profit from Robotics
Around here, we like to keep one eye on our history and another on the future. No one does that better than Michael Robinson. In fact, he found an amazing story about how Benjamin Franklin is improving robotics … and how you can profit from it.
Have a great weekend!
Jim Nelson
Managing Editor, Weiss Ratings Daily
