Back in November, when the shocking news came that serial liar, sexual predator and chronic business bankrupt (moral and ethical) won the Presidency of the United States, I wrote a tongue-in-cheek piece of how to make money on the stock market, based on what Trump had said on the campaign trail.
Just for fun today, I decided to tabulate my results. You can read my reasoning in the entry below, but here is what I picked:
Aetna Inc AET - went long betting it would go up
United Health Group - went long betting it would go up
Honda HMC- went Short betting it would go down
Toyota TM- went Short betting it would go down
Credit Acceptance Corp CACC- went long betting it would go up
For fun, I would buy $1,000 or ten shares whichever was most appropriate.
AET - bought ten shares @$1190 -today quote value: $1302 profit: $112
UNH - bought ten shares @$1460 -today quote value: $1704 profit: $244
HMC - bought $1000, @$28 dollars a share, -trading today @$28.45 call it unchanged
TM -sold short @$1060 -covered short @$1110 profit $50
CACC - bought ten shares @$1860 -today quote value: $1990 profit: $130
Total cost: $6570
Total gains: $7106
Total profit: $536
Total Percentage gain: 8.2%
For the next phase, I am going all out on military weapon manufacturers.