Sunday, November 8, 2020

US stock market all set for major rally......

 Stocks are all set to jump to record level to celebrate dawn of a new era in US & world politics.

US administration is expected to run policies from a well thought out process not from tweet @ 3 AM.

Congratulations to President Biden & Vice President Kamala Harris on a softer message to encourage change and respect for all.

US stock market is going to react with full bull strength and may even make new all time highs in Nasdaq and other indices.

Open must be bought or else there is a chance you may watch in envy how others are making money by close.

I expect all sectors and most stocks to participate in Monday's run for roses....

SOX is already trading @ new all time high.....

Nasdaq may conquer new all time high @ open.

Very few time in trading history that you get a chance to be a part of record breaking open.....do not overthink......

Biden rally may beat any rally which we may have seen, there is a seismic shift in US policies internally and externally.

We all know how Biden laid out his vision of " Make America respect everyone again " and a brand new concept in USA " all are American "

I expect laggards to outperform % wise.....by a wide margin...

Technology & SOX will continue to shine and will be the leader in volume and $ gains....

SO ..rally is here....

Be part of it...

Do not sell quickly...

Time to celebrate being in stock market worldwide....

Good luck with your own thesis on political change, market reaction and message of new team  which has been " HIRED "

BLOG does NOT give buy or sell.

Saleem


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14 comments:

  1. Stocks100November 9, 2020 at 5:17 AM


    Hi Stocktrader,

    Bought PFE $41.40

    Saleem

    ReplyDelete
  2. stocktrader_1996November 9, 2020 at 5:27 AM

    Hi Saleem,

    Good luck with PFE - what great news today!

    I'll probably sell some stocks at open. I think this news means less stimulus and higher rates as the economy finally recovers, and I'm not sure I have the correct stocks in that environment.

    Stocktrader

    ReplyDelete
  3. Stocks100November 9, 2020 at 5:52 AM


    Hi Stocktrader,

    Thanks!

    Your analysis is dead on....

    Rotation into economic sensitive stocks are on big time.....

    My entire portfolio minus AG was setup for this strategy.....

    Good luck with quick switch...its day one of rotation...

    Saleem

    ReplyDelete
  4. stocktrader_1996November 9, 2020 at 6:06 AM

    Hi Saleem,

    Last week: +10.36% (YTD: +93.89%)
    Notable Leaders: GRWG HUBS SQ BHVN LYFT ELY
    Notable Laggards: ELF MOMO LQDA

    The big vaccine news today trumps (haha) any commentary I would have posted before, but I had already been moving past the election and to stimulus and virus. Now with the virus potentially having a solution soon, I think investors need to re-think where they are positioned. Rotations will end up being vicious here.

    Holdings: GM EAT ELY FDX LITE KEA PINS GRWG MOMO LQDA, cash 41.2%

    Stocktrader

    ReplyDelete
  5. stocktrader_1996November 9, 2020 at 6:31 AM

    Hi Saleem,

    Sold MOMO @ 15.06

    Stocktrader

    ReplyDelete
  6. stocktrader_1996November 9, 2020 at 6:49 AM

    Hi Saleem,

    Bought SNAP @ 42.48

    Stocktrader

    ReplyDelete
  7. stocktrader_1996November 9, 2020 at 6:55 AM

    Hi Saleem,

    Bought GTLS @ 93.22

    Stocktrader

    ReplyDelete
  8. stocktrader_1996November 9, 2020 at 6:55 AM

    Hi Saleem,

    Bought MTCH @ 135.56

    Stocktrader

    ReplyDelete
  9. stocktrader_1996November 9, 2020 at 6:57 AM

    Hi Saleem,

    Bought SQ @ 185.90

    Trying to pick up tech stocks with re-opening exposure.

    Stocktrader

    ReplyDelete
  10. stocktrader_1996November 9, 2020 at 7:04 AM

    Hi Saleem,

    Bought HUBS @ 362.69

    Stocktrader

    ReplyDelete
  11. Stocks100November 9, 2020 at 7:04 AM


    Hi Stocktrader,

    Good luck with MTCH, SQ, GTLS, SNAP....

    Saleem

    ReplyDelete
  12. Stocks100November 9, 2020 at 7:05 AM


    Hi Stocktrader,

    Last week UP 5.73%

    YTD UP 33.44%

    Saleem

    ReplyDelete
  13. stocktrader_1996November 9, 2020 at 8:25 AM

    Hi Saleem,

    Bought PENN @ 65.73

    Stocktrader

    ReplyDelete
  14. Stocks100November 9, 2020 at 8:30 AM


    Hi Stocktrader,

    Good luck with PENN!

    Saleem

    ReplyDelete