Saturday, January 7, 2017

Stock Market Update

Wait and see. That's my current approach. I think the president elect may have affects on the market so I am not in any individual stock. Things are too unpredictable at the moment.

Andrew Horowitz at The Disciplined Investor  has been calling Mr. Trump Twitter-in-Chief due to his propensity to tweet. This week Toyota's stock felt a little bit of an impact from one of those tweets from Trump. The stock reacted with a drop of .7% on the intraday chart. The stock did recover later on in the week and this was a minor blip for Toyota, but it is interesting none the less.

 

It should be an interesting year!

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