The uncertainty period is over! We have a new president who plan to invest in infrastructure, lower financial regulation and lower corporate taxes. It doesn’t get any better than this for the market! The “Trump rally” which started with a huge crash, quickly recovered, fueled higher by short sellers who had to cover losing shorts, exactly as we expected last week. By the end of the week, the S&P500 gained 3.8% and the DOW finished up by 5% and a new all times high. The market will continue higher, however not all sectors will benefit. Pay attention to companies like FB, AMZN and NFLX, which like other technology companies, are now drifting lower.
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