The Trump rally which started the morning after he won Pennsylvania and the Presidency continues, and we now busted 19 thousand on the DOW.
I've made over a yacht full of capital gains over the last three days. My strategy right now is to buy Infrastructure ETFs as Trump plans on moving on infrastructure projects, so that may be a consideration to some strategic investors.
But what was amazing was, this morning on one of those business-financial shows, some guy was predicting a Trump DOW 20 Thousand by next Christmas!
Wow! I am not so sure about that, but it sure would be something. I mean, even I could be thinking this could happen even though my general gut is otherwise. No doubt, the Trump win is a huge relief from the Hillary disaster. But we need to see the GDP at 4 percent to start to really get out of this Obama mess.
So DOW 20 THOUSAND isn't just wishful, it can happen as this is from people who aren't just trying to sell something, who are typically very cautious. However, if that Yellen starts raising interest rates you may want to get out of gold.
Also, I am watching the Permian Basin. First came the Apache hit on shale, then the huge Pioneer oil hit - second only to Saudi's biggest producing oil field. And we got so much oil we can beat out Saudi as the exporter of oil - literally the USA can become the number one exporter of oil (this case WTI) in the world beating out Saudi Arabia even, and no doubt Trump is going to lift any strangleholds on exports.
But of course this means oil will be cheaper than water. But if the US and Canadian oil companies can get enough customers world wide, they can make a profit on exports. But in the short term, oil companies will likely further suffer. But don't count out a rebound in about 2 years from now. Just something to think about. And right now, it looks like the Saudis are going to cut back production to push up the price per barrel.
The dollar is getting even more stronger. This opens up consideration to buy ETFs that bet on a strong dollar - I already bought one of these prior to the election. These type of ETFs are likely to rally.
This is going to be a great Thanksgiving and Christmas! Fill my Christmas stocking sock up, Mr. Trump, and let's also see jobs in 2017 in Michigan, Pennsylvania, West Virginia, Texas and Wiscinsin.
I've made over a yacht full of capital gains over the last three days. My strategy right now is to buy Infrastructure ETFs as Trump plans on moving on infrastructure projects, so that may be a consideration to some strategic investors.
But what was amazing was, this morning on one of those business-financial shows, some guy was predicting a Trump DOW 20 Thousand by next Christmas!
Wow! I am not so sure about that, but it sure would be something. I mean, even I could be thinking this could happen even though my general gut is otherwise. No doubt, the Trump win is a huge relief from the Hillary disaster. But we need to see the GDP at 4 percent to start to really get out of this Obama mess.
So DOW 20 THOUSAND isn't just wishful, it can happen as this is from people who aren't just trying to sell something, who are typically very cautious. However, if that Yellen starts raising interest rates you may want to get out of gold.
Also, I am watching the Permian Basin. First came the Apache hit on shale, then the huge Pioneer oil hit - second only to Saudi's biggest producing oil field. And we got so much oil we can beat out Saudi as the exporter of oil - literally the USA can become the number one exporter of oil (this case WTI) in the world beating out Saudi Arabia even, and no doubt Trump is going to lift any strangleholds on exports.
But of course this means oil will be cheaper than water. But if the US and Canadian oil companies can get enough customers world wide, they can make a profit on exports. But in the short term, oil companies will likely further suffer. But don't count out a rebound in about 2 years from now. Just something to think about. And right now, it looks like the Saudis are going to cut back production to push up the price per barrel.
The dollar is getting even more stronger. This opens up consideration to buy ETFs that bet on a strong dollar - I already bought one of these prior to the election. These type of ETFs are likely to rally.
This is going to be a great Thanksgiving and Christmas! Fill my Christmas stocking sock up, Mr. Trump, and let's also see jobs in 2017 in Michigan, Pennsylvania, West Virginia, Texas and Wiscinsin.