Wednesday, 6 November 2024

US Post-election rally?

 


I bought more VWRD, VHYD, and NKE earlier this week. I also initiated a small position in McDonalds MCD as I wanted to gain exposure to the consumer sector in case there was a post-election rally. 

Based on what CNBC is saying, there is going to be a post-election rally.  However, it appears that China stocks will go down as market believes that China tariffs are incoming.

As I've said many times, even if US stocks appear expensive, never underestimate the power of the S&P500.



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