The local market obviously liked a Biden win and the prospect of a divided US Congress, with the ASX 200 up 1.8% today to an eight-month high of 6,298.8. - a podcast by ausbiz
from 2020-11-09T06:09:06
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Trump's legal threats and last week's talk of a contested result being the worst-case scenario for the market were both disregarded by investors. Materials, communications and tech were the big sector gainers. REA hit a record high of $139.50 after a series of broker upgrades and more positivity around the real estate market. The bulls run on. Our top three VODs today are:
Coles , Amcor and James Hardie are great places to park cash right now
Our base case is for a split Congress so buy tech and healthcare
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