A Post-Election Market Tip: <br>If It’s Clinton, Sell the Rally; <br>If It’s Trump, Buy the Dip
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
The wisdom on Wall Street is that Hillary Clinton is the safe choice. She’s the certainty candidate to Donald Trump’s uncertainty. So when James Comey announced the reopening of the FBI’s Clinton investigation, stocks fell for nine days. After he pulled back over the weekend, stocks rallied more than 300 points.
Is the market correct in viewing Mrs. Clinton as the safe and certain choice? I don’t believe so. I’m not going to predict tonight’s outcome, though I think it will be close. I will, though, offer this advice: If Mr. Trump wins and stocks fall, buy the Trump dip. And if Mrs. Clinton wins and stock rise, sell the Hillary Clinton rally.
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