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đșMarket Breakout from the Election Landslide!
Everything you need to know about the market after the election...
Hey there! My name is Jordan and I write about trading for the WOLF Financial newsletter. If you are looking for more trading tips and tricks, I guarantee youâll enjoy my content on đ, @AcetheKidTA.
Thanks for reading!
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What a MASSIVE week not only for the markets, but for our country. Election Day kicked off Tuesday. Donald Trump won the election which led Bitcoin and the S&P 500 to the highest they have ever traded.
Itâs been one crazy week of opportunity and there were plenty of places to capitalize one of them being Tesla. With Elonâs endorsement of Trump, I was pretty certain that if he won Tesla would surge to the upside.
Boy was I right. Tesla is sitting at $321.22 as of Fridayâs close.
Keep reading to see how you couldâve capitalized on these latest opportunities.
Follow The Money!
Knowing what stocks were going to surge based off of who potentially won the election was simple in my opinion.
At the 2024 Bitcoin conference, Trump spoke very highly of Bitcoin and digital assets and how he wanted to take it to the next level. This made Bitcoin and much of crypto a great candidate for a big boomer if Trump won.
Knowing this you couldâve positioned yourself where the money is and caught massive moves with Bitcoin hitting new all time highs.
Along with normal technical analysis, I mean look at this chart. It doesnât get more perfect than that.
$BTC Monthly
Another similar opportunity in this space wouldâve been something like Coinbase or Bitcoin Miners such as Riot.
Another big opportunity which I took a big part in for my portfolio was Tesla. Knowing that Elon and his companies will certainly do better under Trumps candidacy, I had no doubt that we would get a nice move from this election.
I did NOT expect the move we got so fast though. I mean wow!
$TSLA Weekly
This just goes to show that no matter what sort of politics you may believe, when trading stock and investing you put those feelings aside and take advantage of the opportunities at hand.
These were some big moves that I will forever remember and Iâm so glad I could capitalize on some of the names that boomed, there will be other opportunities like this so get ready!
This whole talk really just ties back into following booming sectors in the market, the only difference with this is the names in the basket at hand.
Always follow the money, no matter your beliefs, take advantage and capitalize on these moves while they are here!
Thanks for reading and have a great week!
Jordan
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