My over 30 years in the markets have shown me again and again that on very strong market days, it pays to listen to the message of the market. On Monday, the S&P 500 SPY, is up about 2% as of this writing on the news of the exoneration of Hillary Clinton by FBI Director James Comey.
The market is celebrating a potential Clinton victory. There is no shortage of opinions as to which stocks will benefit if Hilary Clinton wins. Let us, at least temporarily, discard our opinions, go into neutral, and listen to the market as to which stocks the market is telling us to buy if Hilary Clinton wins.
The table linked below shows the top five stocks that the market is sending a message to buy if Clinton wins.
The methodology is simple. We take the top 100 gainers on NYSE and the top 100 gainers on Nasdaq, filter out the stocks with news, low-priced stocks and low-capitalization stocks. The reason we filter out low-priced and low-capitalization stocks is because they are easier to manipulate. Then we look for commonality between the remaining stocks.
The result of the foregoing analysis as this corner sees it is that the market is predicting hospital stocks and health-insurance stocks that primarily focus on Medicaid will be the big beneficiaries if Clinton wins…Read more at MarketWatch
You are receiving less than 2% of the content from our paid services …TO RECEIVE REMAINING 98%, TAKE A FREE TRIAL TO PAID SERVICES.