Onegirl @Onegirl: "Dear Copiers Markets have been hitting..."

United Kingdom

Dear Copiers Markets have been hitting all-time record highs and it is feeling good to be fully invested in the stock market. The reason for this is that there has been lots of enthusiasm after the election of Donald Trump who investors view as positive for business. $TSLA (Tesla Motors, Inc.) is one stock that has really rallied since the election and the stock is up a staggering 43.98% in the past month. This is due to the view that Trump is going to be supportive of autonomous driving technologies. Many analysts believe that that self-driving technology and robo-taxis could be worth trillions of dollars over the next few years which is why we are seeing such are surge in Tesla. $BTC also has had a massive jump to since election as investors are viewing Trump as a pro-crypto president. Investors think he will push policies that are positive for the crypto market. My portfolio has exposure to crypto so it So nice that we have had the benefit of this run up too. $NVDA (NVIDIA Corporation) earnings was stella they beat Wall Street estimates leading to many analysts to raising their price targets. Despite this the stock fell back a bit – which to be honest I was expecting as Nvidia is up around 200% this year so there is bound to be some profit taking. However, as a long-term holder I am still very bullish on Nvidia, and I do believe it is on its way to being a $4 Trillion market cap company. This Friday we have the jobs market report, and all eyes will be on these numbers as these could - if favourable to investors - be the spark that ignites a Santa Rally. But I still would remain cautious as there are other factors that could impact an end of year rally. Such this as the Tit-for-Tat Traffic policy that the Trump Government is having with various countries such as China, Mexico and Canada. Also, we have been back and forth with inflation numbers throughout this year so if that is seen as getting hot again it could put a damper on market enthusiasm. However, overall economic data has been favouring a rate-cutting cycle and the Fed seem to be indicating that this is what they will be doing going forward and this is certainly very positive for the market. Many Thanks Lena

3 Mentioned

TSLA

Tesla Motors, Inc.

BTC

Bitcoin

NVDA

NVIDIA Corporation

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