There have been some big moves so far on the assumption of a red sweep but history shows that we’re only getting started. Here is the matrix from Deutsche Bank on the red sweep trades:
Separately, here are seven equity-specific Trump trades from Jim Cramer. On top of that, we’re seeing rallies in the more-obvious Trump equity trades like $DJT and $TSLA. I would be very careful chasing DJT as the social media company reported just $1 million in revenue in Q3. It has a market cap of $7 billion, plus whatever it adds on Wednesday.
Of the Cramer trades, I’m intrigued by the LNG ones.
This article was written by Adam Button at www.forexlive.com.
