The stock market opened up the new year with a bang! It is the 3rd trading day of the year and the market continues to be relentless. As I write this the DOW is up 116 points and the S&P 500 is making new highs. The fuel of this rally is the greatly anticipated corporate tax cut which has now been signed and passed. This tax cut is triggering the greatest stock buy back in history which means stocks will continue to reach record highs. Just like the title says, the market is like a helicopter throwing money at us; it does not get easier than this!!! If you have always been interested in investing in the market, now is the time because it is very forgiving since all its doing is going up!!
My personal opinion for educational purposes only! Technology will once again be the leading sector this year ahead of financials. The strongest technology stocks that I HIGHLY recommend you go LONG for EDUCATIONAL purposes only ARE:
NVDA - Nvidia
FB - facebook
BABA - Ali baba
MA - mastercard
V - visa
HD - Home depot
BAC - bank of ameica
Happy Trading!!