What Moneyvest said in this video:
- SOXLbullishshort-termThe host discloses buying the 3x leveraged semiconductor ETF that morning to ride the post-election rebound.Source
- TQQQbullishshort-termThe host discloses short puts including TQQQ that are profiting from the rebound, evidencing a bullish market position.Source
- Employmentneutralshort-termThe host notes ADP private payrolls of 86k beat the 69k estimate, and that a stronger labor market raises rate expectations.Source
- Fed Policyneutralshort-termThe host notes the CME FedWatch tool prices an ~85% chance of a rate hike at the December 9 meeting, given the Fed's 2% inflation mandate.Source
- Market Breadthpositive for stocksmid-termThe host argues the Democratic sweep removed political uncertainty, and that gridlock plus historical post-midterm performance is good for stocks.Source
- SOXXbullishmid-termThe host notes semiconductors are struggling near term but have a strong historical post-midterm track record of moving higher alongside the S&P and Nasdaq.Source
- Inflationneutralshort-termThe host expects the November 10 inflation report to come in hotter than the 3.7% priced in, citing oil's ~14% October rally.Source
- GOOGLbullishlong-termThe host finds Google attractively valued at roughly 19-20x next-year earnings and under 15x this year's.Source