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Swing Trading Today | Dems Win House… Who Wins & Losses?

Swing Trading Today | Dems Win House… Who Wins & Losses?

 

In Swing Trading Today we discuss who the winners and losers in the stock market will be now that the Democrats have won the House of Representatives. I always like to say that the stock charts send us signals and this election was no exceptions. Names that would benefit from a democratic win such as natural gas, health care and so on would benefit. Stock sectors such as defense would not do as well. The US Dollar as expected is tanking this morning with gold rallying because of the expectation of increased deficit spending. I expect that the FANG names such as Google and Facebook will rally as well as their stock charts are setting up nicely for a rally.

 

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****Symbols Are Reviewed In The Sequence Below*****

$UNG

$UGAZ

$UUP

$GLD

$SPY

$QQQ

$USO

$RAIL

$AAP

$FB

$GOOGL

$XLV

$DFEN