☕️ Where do the markets go next?

Good morning! 👋 

I’m out this morning as I usually am when I’m home… super early for a run along the Kamo River. The city is still asleep which means it’s just me and the river. 

 It’s peaceful on a level that’s hard to describe. 

The Kamo has played a central role in Kyoto’s history for millennia. It’s bordered by cherry blossoms, ancient shrines, temples, traditional machiya, the Gion, and more. 

Fall is particularly stunning as the leaves turn into intense bursts of red, gold, and purple. This morning there’s even a lovely rainbow to my north as the rain showers retreat and give way to the sun to the south. 

Speaking of giving way… 

The elections are finally behind us. 

For some it was a moment of great victory but for others a profound loss. 

Me? 

I am simply thankful we are all here together and that we can move on down the road in pursuit of profits and the life-changing wealth that comes with ‘em. 

That’s always been the great thing about financial markets… every day is a new opportunity both literally and figuratively. 

The question isn’t so much where we’ve been but where we’re going. 

As investors, as people, as friends. 

I mentioned Monday to the super sharp Stuart Varney that a Trump victory this time around would likely translate into another “rip your face off rally” just as it did in 2016. (Watch) 

The Dow’s 1,000+ point pop certainly qualifies as do both the S&P 500’s and Nazzy’s run.  

What’s next? 

Many people are going to get hung up on who won and who didn’t – and it’s important from an investing perspective that we not do that. 

History is very clear about why. 

Technically speaking, a big single day rush higher suggests that the quick buck artists may do some profit taking before settling in for the longer-term upside ahead. So don’t be surprised if we get that. 

Fundamentally speaking, the rip higher caught a lot of people by surprise so there may well be some FOMO ahead. That’s almost always great for those who are already on board as I hope you are. 

If I’m right or even halfway so, that suggests we will see several trillion dollars come back into the markets in the months ahead… both directly as investments but also as profits generated by companies at the very top of their game. 

Many of the great names we talk about frequently are likely to run far higher. Examples include choices like Palantir and Nvidia but also basics like Chevron.  

It should come as no surprise that we will continue to do what we do best… buy the best, ignore the rest. 

If you’ve got this covered, excellent! And if not but you would like to, I’ll be here.  

You got this - I promise!  

As always, let’s MAKE it a great day. 

Keith 😊