theglobeandmail.com
Globe Readers' Winning Stock Picks
Analysis of Globe readers' successful stock picks in the context of the 2020 US Presidential Election.
English
Canada
PoliticsUs PoliticsElectionInvestmentStock MarketInternational TradeTech
Globe And Mail Investing ClubDow Jones Industrial AverageS&P 500Nasdaq Composite IndexFederal Trade Commission
Donald TrumpKamala HarrisElon MuskLina KhanDan Ives
- What is the long-term outlook for the stock-picking competition?
- The competition involves a 12-month timeframe, so while the initial results are promising for Globe readers, sustained success over the long term remains to be seen. The upcoming months could introduce market volatility.
- What factors contributed to the success of Globe readers' stock picks?
- The success is attributed to their selections of stocks in the tech sector, which benefited from Trump's pro-growth policies and anticipated changes in the FTC leadership.
- What were some of the investment strategies associated with the "Trump trade"?
- The "Trump trade" involved various investment strategies depending on the election outcome; however, Globe readers' focus on AI-related tech stocks proved more successful on the day after the election.
- What does the single day's performance suggest about the Globe readers' predictions?
- While a single day's performance isn't definitive, it suggests that the readers accurately predicted market trends following Trump's victory, potentially indicating broader shifts to come.
- What was the performance of Globe readers' stock portfolio on the day after the 2020 US Presidential Election?
- Globe readers' stock portfolio outperformed both the S&P 500 and Nasdaq Composite indices on the day after the 2020 US Presidential Election, achieving a 3% gain.