TG Watkins – Analyzing Election Market Runs, Precious Metals, Bitcoin, and Growth in Space and Uranium Sectors
Cory
November 11, 2024
In this episode we chat with TG Watkins, Director of Stocks at Simpler Trading, and editor of the Profit Pilot website.
We dive into the market responses to the recent US elections, with a focus on sector out performances including small caps and tech. TG provides insights into the bullish trends in space stocks, driven by partnerships between Elon Musk and Trump’s administration, and the growth potential in tech stocks related to AI. We also explore the recent correction in commodities, with TG analyzing why precious metals are struggling while uranium looks poised for growth. Additionally, TG gives his technical analysis on cryptocurrencies like Bitcoin and Ethereum, and their significant breakout patterns.
Bitcoin
GDX
Market Commentary
Space Stocks
Tech Stocks
Technical Outlook
TG Watkins
US Equity Markets
Discussion
1 Comment
Nov 11, 2024 11:18 PM
Reminder on Presidential Appointments:
(Think Hank Paulson and similar corporate types that have come from CEO of banks and other corporations to “serve” in lowly government positions)
They can sell off their stocks and not incur Capital Gains taxes. Paulson had millions in GS stock and only served a year.
Think of the profits Musk has in various corporations and Trump for that matter.
Not sure if there are limits on how much they dump at a time, but if you see someone appointed that has a lot of wealth, you may want to see if they own a big bunch of “misc stocks”. Not sure if it applies to “elected” but it may to avoid conflict of interest.
I don’t think too many have any shares of Junior Miners, but could be Barrick, etc