Market Moves 10/11/2024
Readjustment of my portfolio and what I see what was a sure bet that metals would go up, now down in Gold and Silver or more volatility. If it was to be a Harris win, the market anticipated possible more Govt. spending and continued and/or more inflation. With Trump different things are anticipated and some money will move out of those defensive sectors of Gold and Silver. Since I am long term on those (5-10 years out) I have kept my Gold and Silver. Additionally, I am holding my Reddit (long term 5 years out)
Today, I do see a good upswing in
Louisiana Pacific LPX, (siding alternative to plywood, commodity play)
Tesla TSLA (Elon connection to Trump)
Vistras VST (nuclear and other energy dealer for AI Data Centers)
Altria (owner of Marlboro US cigarettes) MO.