Sunday 8 November 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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