Update on Trump Media (DJT)

Boeing update.

 

Daily:

Extraordinary fundamentals and a rising price trend.

Todays (Wednesday) breakout candidate

“Drill baby drill”

After the election of President Trump on November 5, 2024, one of the promises was to encourage more oil exploration.

XOP is an ETF that represents that sector, and it had a breakout on November 6, 2024.

 

 

DJT as of 8 AM Friday

Relative strength.

The following example of a possible breakout was also noted a week or so ago as a possible winner if Harris wins the run for President.

Trump is the winner, so this possible breakout may be false. I would not be surprised if RUN is down at least 15% today.

 

New possible breakout candidate:

and Relative strength to SPY:

Dow Jones Industrial Average Adjustment.

The DJIA is regularly adjusted to reflect the current economic environment.

SHW will replace DOW, and NVDA will replace INTC.

The following illustrates the more current relative value of each new stock with the one it replaces.

Increasing good fundamentals with rising price.