Categories: General Market Commentary- DPC
Topics: General Market Commentary- DPC

Post-election profits and sell-offs

Since last week: 

1. Crypto Prices

Bitcoin hits new all-time highs, nearly touching $77,000 during and after the election. Presidential elections have historically been times when cryptocurrency has experienced a bull run, and it looks like that is a tradition that will continue. Click here for a free trial of Crypto Cycle and see just how you can take advantage.  

2. $200 Billion AI

Big tech’s investment in artificial intelligence hasn’t returned the kinds of results Wall Street analysts wanted, but that isn’t going to stop them. It’s estimated that total expenditures on AI by some of the world’s biggest tech companies will be over $200 billion this year with that number expected to be even greater next year. Especially with buyouts and mergers. Click here to learn more about three small AI companies positioned for buyout and how you as an investor can profit from that. 

3. Gold Sell-Off

Election results strengthened the dollar, causing a dip in gold prices. The yellow metal is still near all-time highs and has the tailwinds to continue higher. This dip presents a buying opportunity, and you can click here to learn more about one of the best miners to invest in and take advantage of the dip in price. 

4. Copper Sell-Off

The election results also saw a sell-off in copper prices. The surge in the dollar’s value put pressure on commodity prices across the board, but like gold, this presents a buying opportunity. It may even be a bigger one given how essential copper is to the tech sector. Click here to learn more about one of the few copper miners with the supply buyers are going to need over the next few years. Buying it now means you will benefit for years to come. 

What to Look For

One thing to watch will be whether or not commodities will recover in the short term.

Keep your eyes open,

Ryan Stancil
Editor, Daily Profit Cycle