Post USA election global fund managers have increased their...

Post USA election global fund managers have increased their allocations to those USA stocks most likely to benefit from strong USA domestic growth. With this in mind if we were to assume that market had pre-election forward priced in part some of the effect of a Republican Victory - although probably not the nominees for some key government administration positions, the immediate question many traders and investors are now asking themselves is if the market has now pivoted too far ? Most here are familiar with the market sentiment concept of buy the rumour and sell the news so why not the reverse? For the wider market perhaps. For IMU however probably unfortunately not at least as while prolong of the painful and unpleasantness of public disclosure about future funding remains unresolved. On all things current day relative and perspective and the effect or not of ‘Trump Trade’ below is my comparative performance chart of a select group of ASX health index stocks for the past 1 week and past 1 month for interpretation as one may see fit. Stay safe everyone. My opinion only of course !