Dow Jones Roars After Donald Trump Victory: What To Do Now; Elon Musk Stock Tesla Among Early Winners

Blockhead11-07

The Dow Jones Industrial Average was the top-performing major index on the stock market today following Donald Trump's resounding election victory. Key ally Elon Musk was rewarded, with Tesla (TSLA) ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2481956174?lang=en_US&edition=fundamental","thumbnail":"https://www.investors.com/wp-content/uploads/2021/10/Stock-Trumpthumbsup-01-shutt-150x150.jpg","is_english":true,"pubTime":"2024-11-07 04:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2481956174","market":"us","top_or_hot":-1,"title":"Dow Jones Roars After Donald Trump Victory: What To Do Now; Elon Musk Stock Tesla Among Early Winners","media":"Blockhead","content":"<div>\n<p>The Dow Jones Industrial Average was the top-performing major index on the stock market today following Donald Trump's resounding election victory. Key ally Elon Musk was rewarded, with Tesla (TSLA) ...</p>\n\n<a href=\"https://www.investors.com/research/dow-jones-stock-market-donald-trump-victory-elon-musk-tesla-nvidia-jpmorgan/\">Source Link</a>\n\n</div>\n","source":"investor_business_daily_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow Jones Roars After Donald Trump Victory: What To Do Now; Elon Musk Stock Tesla Among Early Winners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow Jones Roars After Donald Trump Victory: What To Do Now; Elon Musk Stock Tesla Among Early Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-07 04:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/research/dow-jones-stock-market-donald-trump-victory-elon-musk-tesla-nvidia-jpmorgan/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Dow Jones Industrial Average was the top-performing major index on the stock market today following Donald Trump's resounding election victory. Key ally Elon Musk was rewarded, with Tesla (TSLA) ...</p>\n\n<a href=\"https://www.investors.com/research/dow-jones-stock-market-donald-trump-victory-elon-musk-tesla-nvidia-jpmorgan/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VOO","symbol_name":"Vanguard标普500ETF","start_time":0,"source_url":"https://www.investors.com/research/dow-jones-stock-market-donald-trump-victory-elon-musk-tesla-nvidia-jpmorgan/","article_id":"2481956174","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2021/10/Stock-Trumpthumbsup-01-shutt-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481956174","pubTimestamp":1730924670,"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"The Dow Jones, along with Elon Musk's Tesla, surged following the election victory of Donald Trump. Here's what investors should do now.","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"VOO":"Vanguard标普500ETF","TSLA":"特斯拉","TZA":"罗素2000指数三倍做空ETF","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","IVV":"标普500指数ETF","CBLL":"Ceribell","HSBC":"汇丰","SDS":"两倍做空标普500ETF","2NVD.UK":"2X NVIDIA ETP","BK4122":"互联网与直销零售","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","SRTY":"罗素2000指数三倍做空ETF-ProShares","L":"洛斯公司","JPM":"摩根大通","TWM":"罗素2000指数两倍做空ETF","BK4170":"电脑硬件、储存设备及电脑周边","IWN":"罗素2000价值股指数ETF-iShares","IWM":"罗素2000指数ETF","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","AX":"Axos Financial Inc","UPRO":"三倍做多标普500ETF","SPXU":"三倍做空标普500ETF","UWM":"罗素2000指数ETF两倍做多","IWO":"罗素2000成长股指数ETF","DJT":"特朗普媒体科技集团","LU":"陆金所","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU0097036916.USD":"贝莱德美国增长A2 USD",".SPX":"S&P 500 Index","OEX":"标普100","NVDA":"英伟达","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","SPY":"标普500ETF","RWM":"罗素2000指数反向ETF","3NVD.UK":"LS 3X NVIDIA","OEF":"标普100指数ETF-iShares"},"translate_title":"唐纳德·特朗普获胜后道琼斯指数咆哮：现在该怎么办；Elon Musk股票特斯拉是早期赢家之一","themeId":"490d6f6c5fcb80d05aa3cf65544edd69","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AX":1,"CBLL":1,"TSLL":1,"HSBC":1,"TSLA":0.9,"DJT":0.8,"VOO":0.71,"SPY":0.71,"IWM":0.7,"JPM":0.7,"SH":0.6,"NVDA":0.6,"SDS":0.6,"RWM":0.6,"OEX":0.6,"OEF":0.6,"SPXU":0.6,"SRTY":0.6,"SSO":0.6,"TWM":0.6,"TZA":0.6,"UPRO":0.6,"UWM":0.6,"2NVD.UK":0.6,"3NVD.UK":0.6,"ESmain":0.6,"MNQmain":0.6,"MRTYmain":0.6,"IVV":0.6,"IWN":0.6,"IWO":0.6,"L":0.6,"LU":0.6,".SPX":0.6},"content_text":"The Dow Jones Industrial Average was the top-performing major index on the stock market today following Donald Trump's resounding election victory. Key ally Elon Musk was rewarded, with Tesla (TSLA) shares popping. The likes of Nvidia (NVDA), financial plays such as JPMorgan Chase (JPM) and Trump Media & Technology (DJT) were also strong.\nThe Dow Jones industrials soared more 1,400 points and reached record heights. Small caps did even better, with the Russell 2000 surging nearly 5%. Such bullish action means investors should now be looking to put their cash to work. A major overhang to stock market gains has been removed, and the S&P 500 and Nasdaq composite indexes are above key benchmarks.\n\n\n\n↑\nX\n\n\n\n\nElection 2024: Trump Vs. Harris Tax Plans Will Have This Impact On The Stock Market\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nElection 2024: Trump Vs. Harris Tax Plans Will Have This Impact On The Stock Market\n\n\n\n\nWhat Investors Should Do Now\nIBD Chief Market Strategist Mike Webster thinks the market setup looks ideal for those looking to put their money to work. And, given the encouraging signs, he thinks being aggressive makes sense.\n\"I think it looks picture-perfect. And I think the setup is great,\" he said on IBD Live Wednesday. \"It doesn't mean it's going to work out, but you play the odds. (It's) like playing poker and you get two aces, you know, you go heavy.\"\nWebster says he's \"extremely bullish\" at the moment due to the encouraging signs from the market. He believes investors should have their target exposure levels in mind and take that into account as they take action.\nHowever he warned against investors putting all of their chips on the table at once. For example, if one is 10% exposed at the moment and your goal is getting to 80%, he said increasing exposure to the 40%-50% range is a more realistic aim for today and then the exposure can continue to be increased incrementally.\nAt the moment, IBD's recommended exposure level is set to the 60% to 80% range. Being at the higher end of this band makes sense given the current action.\nS&P 500, Nasdaq Above Benchmarks As Dow Jones Hits Record\nThe much-watched Dow Jones index made a monumental move, surging nearly 1,400 points and posting a gain of more than 3%. It decisively broke a downtrend and is clear of its short-term and major moving averages.\n\nThe Nasdaq composite also surged, and remained up about 2.5%. Following its gap-up, it now sits around 3% above its 21-day exponential moving average.\nThe benchmark S&P 500 popped more than 2%. It recently tested its 50-day moving average but now sits nearly 4% above this key benchmark.\nMeanwhile, small caps were the strongest performers. The Russell 2000 soared more than 5%. The iShares Russell 2000 ETF (IWM) is in the buy zone above a flat base entry of 228.63.\nThe S&P 500 sectors were mixed. Financials and industrials were having the best days, while consumer staples and real estate stocks lagged.\nTreasury yields rose Wednesday, presumably on expectations of more deficit spending. The 10-year Treasury note jumped 13 basis points to 4.42% while the 2-year popped six basis points to sit at 4.26%.\nElon Musk Stock Tesla Clears Entry\nOne of the key allies who helped drive Donald Trump to victory is fellow billionaire businessman Elon Musk. Along with the privately-held SpaceX, he is also CEO of Tesla.\nTesla is extended past a 264.86 entry and just out of buy range from a higher alternative entry of 273.54.\nThe bullish move saw Tesla win a spot on the IBD Leaderboard Watchlist. All-around performance is solid, with its IBD Composite Rating sitting at 81 out of 99. It is up nearly 16% so far this year.\n\nTesla is one of the so-called Magnificent Seven stocks. Most of the other names within this elite group were also shining.\nNvidia (NVDA) was faring best as it popped more than 4%. It is in buy range above a 140.76 buy point, according to MarketSurge analysis.\nAnother key event lies ahead for Nvidia this week, as it is set to replace Intel (INTC) on the Dow Jones Industrial Average on Friday.\nAI play Nvidia is a member proper of the prestigious IBD Leaderboard list of top stocks.\nGoogle parent Alphabet (GOOGL) and Amazon.com (AMZN) popped more than 3% while Microsoft (MSFT) rose more than 1% and Apple (AAPL) made a fractional gain.\nOnly Meta Platforms (META) was lower, falling more than 1%. In a March interview, Trump called the firm's Facebook platform \"the enemy of the people.\" At the same time, he reiterated his opposition to a ban on TikTok.\nBank Stocks Gush Higher As Trump Removes This Overhang\nOne sector that was shining was finance. Wells Fargo analyst Mike Mayo said the Trump win could have a big impact on banks.\n\n\"[The] Trump win is a regulatory game changer that likely includes more free markets, less harsh oversight (aids capital, costs, fees), and reduces 'regulatory risk,' \" he said in a note to clients.\nHe also said that this development should help \"all banks\" but especially the so-called Global Systemically Important Banks. This elite group includes the likes of JPMorgan Chase, Bank of America (BAC) and HSBC (HSBC). Mayo's favorite pick among these is Citigroup (C).\nJPMorgan Chase gapped above a cup-base buy point of 225.48 amid a rally of more than 11%. This is a second-stage base, which still counts as early. Its latest pattern was formed in over six weeks, MarketSurge analysis shows.\nOverall performance is solid, with JPM holding an IBD Composite Rating of 82 out of 99. Earnings performance is an Achilles' heel, with its EPS Rating coming in at 73 out of 99.\nBank of America stock surged nearly 9%, HSBC was down slightly and Citigroup stock soared nearly 10%. Citi has cleared a 67.81 buy point and is sitting in a buy zone.\nPure Donald Trump Play Trump Media Pops\nFor the true Donald Trump supporter there are few stocks more alluring than Trump Media. The firm's main business is Truth Social, the social media platform Trump established after being booted off Twitter, now named X.\n\nDJT stock has whipsawed wildly during 2024, waxing and waning along with the fortunes of its namesake.\nAfter exploding out of the gates, DJT stock remained up nearly 6%. It is more than 50% above its 50-day moving average and just above its 200-day line.\nThe company posted its quarterly report yesterday. Its quarterly loss narrowed to 10 cents per share compared to the same quarter of last year's loss of 19 cents. Revenue fell 6% to $1 million.\nThe fact the company is losing money, its speculative nature and the fact it holds a poor IBD Composite Rating just 42 make this a stock to avoid, at least for now.\nThese Stocks Clear Entries Amid Breakout Bonanza\nMeanwhile a number of stocks were clearing buy points amid the ebullient action on the stock market today.\nIn total, eight made it onto the MarketSurge breakout screen. Here are some names to ponder.\n\nPayments stock Block (SQ), formerly Square, is nearing the top of its buy zone above a cup-with-handle entry of 75.\nOverall performance is strong, with its IBD Composite Rating sitting at 92. Earnings are seen rising 94% this year before popping a further 27% in 2025. Results are due Thursday.\nAxos Financial (AX) is above a consolidation entry of 79.15. This is an early stage pattern, which is a bonus.\nAxos has top fundamentals, with an EPS Rating coming in at 98 out of 99. It's also in the top 14% of all stocks in terms of price performance over the past 12 months.\nThose with a tolerance for risk can consider IPO stock CeriBell (CBLL). It tested an IPO base buy point of 27.71, but is back below this level.\nCeriBell's IPO price was 17 per share. The medical technology company provides a point-of-care platform that helps detect hidden seizures.\nPlease follow Michael Larkin on X at @IBD_MLarkin for more analysis of growth stocks.\nYOU MAY ALSO LIKE:\nWorried About A Trump Or Harris Election Win? How Market Could React, What To Do Now\nThis Stock Finds Gold In AI Data Center Plumbing\nThese Are The Five Best Stocks To Buy And Watch Now\nJoin IBD Live Each Morning For Stock Tips Before The Open\nThis Is The Ultimate Warren Buffett Stock, But Should You Buy It?","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481956174"}