The hottest theme in the market recently will definitely belongs to "Trump Trade"!
The recent assassination attempt on Donald Trump has increased the likelihood of his victory in the upcoming U.S. election. Markets are currently grappling with the concept of the "Trump Trade," which implies deregulation, tax cuts, and increased fiscal spending.
During Trump's previous presidency, the "Trump Trade" led to a rally in U.S. equities, especially in technology and financial sectors, rising Treasury yields, tightening corporate bond spreads, a stronger U.S. dollar, and a surge in industrial metals.
A Trump victory could imply that the Federal Reserve may remain cautious about cutting interest rates, as a pro-business environment might re-accelerate the American economy and increase inflation.
The Trump Trade prompts investors to increase exposure to domestic equities, favor shorter-duration bonds, implement hedging strategies against a strong dollar, and diversify into safe-haven assets.
The Trump Trade encapsulated a significant shift in market dynamics driven by expectations of a more business-friendly environment, substantial fiscal stimulus, and deregulation. These changes reverberated across asset classes, influencing monetary policies and global geopolitics. For investors, understanding and adapting to these shifts is crucial to optimizing portfolio performance and mitigating risks associated with increased market volatility and geopolitical uncertainty.
A few stocks that are highly associated with the Trump Trade theme such as $TRUMP MEDIA & TECHNOLOGY GROUP CORP(DJT)$ $Phunware, Inc.(PHUN)$ $Coinbase Global, Inc.(COIN)$ $Riot Blockchain, Inc.(RIOT)$ $Marathon Digital Holdings Inc(MARA)$ $Tesla Motors(TSLA)$ etc...
Come and join the discussion guys.
@TigerStars @Tiger_comments @MillionaireTiger @CaptainTiger @TigerGPT @Daily_Discussion
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Stock Analysis: Trump Trade Theme
Here is an analysis of the stocks associated with the "Trump Trade" theme:
Marathon Digital Holdings Inc (MARA)
Business and Industry: Marathon Digital Holdings operates as a digital asset technology company. It focuses on mining cryptocurrencies, such as Bitcoin. The company's business is expected to grow as the demand for cryptocurrencies continues to rise.
Latest Earnings: In Q1 2024, Marathon Digital Holdings reported an EPS of $1.30, with a gross profit margin of 45.39%. The company's financials indicate positive growth potential.
Capital Flow Analysis: The capital flow data for the past 5 days shows mixed trends, with both inflows and outflows.
Trend Analysis: The stock price of MARA on July 17, 2024, was $26.72. The support price is $21.58, and the resistance price is $24.58.
Valuation Analysis: Analysts have provided a target price range of $20.0 to $27.0 for MARA, with a mean target estimate of $23.5625.
Tesla Motors (TSLA)
Business and Industry: Tesla is a leading electric vehicle and clean energy company. The company's business is expected to grow as the demand for electric vehicles and renewable energy increases.
Latest Earnings: In Q1 2024, Tesla reported an EPS of $0.37, with a gross profit margin of 17.35%. The company's financials indicate potential for future growth.
Capital Flow Analysis: The capital flow data for the past 5 days shows mixed trends, with both inflows and outflows.
Trend Analysis: The stock price of TSLA on July 17, 2024, was $256.56. The support price is $184.8, and the resistance price is $258.8.
Valuation Analysis: Analysts have provided a target price range of $145.0 to $450.0 for TSLA, with a mean target estimate of $263.41609.
Phunware, Inc. (PHUN)
Business and Industry: Phunware is a software company that provides a fully integrated enterprise cloud platform for mobile devices. The company's business is expected to grow as the demand for mobile applications and services increases.
Latest Earnings: In Q1 2024, Phunware reported an EPS of -$0.33, with a gross profit margin of 56.89%. The company's financials indicate potential for future growth.
Capital Flow Analysis: The capital flow data for the past 5 days shows mixed trends, with both inflows and outflows.
Trend Analysis: The stock price of PHUN on July 17, 2024, was $5.36. The support price is $5.85, and the resistance price is $5.95.
Valuation Analysis: Analysts have provided a target price range of $12.0 to $22.0 for PHUN, with a mean target estimate of $17.25.
Riot Blockchain, Inc. (RIOT)
Business and Industry: Riot Blockchain focuses on building, supporting, and operating blockchain technologies. The company's business is expected to grow as the adoption of blockchain technology increases.
Latest Earnings: In Q1 2024, Riot Blockchain reported an EPS of -$3.61, with a gross profit margin of 87.88%. The company's financials indicate potential for future growth.
Capital Flow Analysis: The capital flow data for the past 5 days shows mixed trends, with both inflows and outflows.
Trend Analysis: The stock price of RIOT on July 17, 2024, was $12.7. The support price is $10.24, and the resistance price is $11.82.
Valuation Analysis: Analysts have provided a target price range of $11.0 to $23.0 for RIOT, with a mean target estimate of $17.90909.
Coinbase Global, Inc. (COIN)
Business and Industry: Coinbase is a leading cryptocurrency exchange platform. The company's business is expected to grow as the adoption of cryptocurrencies increases.
Latest Earnings: Coinbase has not reported its latest earnings data.
Capital Flow Analysis: The capital flow data for the past 5 days shows mixed trends, with both inflows and outflows.
Trend Analysis: The stock price of COIN on July 17, 2024, was $251.49. The support price is $221.23, and the resistance price is $244.33.
Valuation Analysis: Analysts have provided a target price range of $145.0 to $450.0 for COIN, with a mean target estimate of $263.41609.
Trump Media & Technology Group Corp (DJT)
Business and Industry: Trump Media & Technology Group is a media and technology company. The company's business is expected to grow as it expands its presence in the media and technology sectors.
Latest Earnings: Trump Media & Technology Group has not reported its latest earnings data.
Capital Flow Analysis: The capital flow data for the past 5 days shows mixed trends, with both inflows and outflows.
Trend Analysis: The stock price of DJT on July 17, 2024, was $36.89. The support price is $38.15, and the resistance price is $40.65.
Valuation Analysis: Analysts have not provided target price estimates for DJT.
Please note that the above analysis is for informational purposes only and should not be considered as investment advice. Investors should conduct thorough research and analysis before making any investment decisions.
Risk Disclaimer:The information provided here is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, including the potential loss of principal. It is important to consider your investment objectives, risk tolerance, and seek professional advice before making any investment decisions.