| Hi Traders, Market indicators suggest the S&P 500 may be poised to reach yet another record as the markets react to the reality of Donald Trump’s re-election. With renewed momentum around the “Trump trade,” assets tied to his policies are already showing significant movement overnight. The dollar, bitcoin, and Treasury yields are climbing, while Trump Media & Technology shares are seeing a notable 30% premarket jump. More broadly, a Trump administration is anticipated to boost sectors that have led market gains in recent years—especially big technology. Tech Stocks Stand to Gain A new Republican administration could see major AI initiatives backed by the U.S. government, benefitting key players like Microsoft, Amazon, and Google. Defense-related AI projects may also drive growth for Palantir Technologies, given the likely focus on technology advancement in national security. Potential Shifts in Regulation Regulatory changes could also be on the horizon. The current head of the Federal Trade Commission, Lina Khan, has long been a thorn in big tech’s side, challenging major mergers and acquisitions. Trump’s running mate JD Vance recently surprised the business community by supporting Khan’s approach, advocating robust regulation of tech giants and backing efforts to break up monopolies. However, with influence from Elon Musk, there’s a strong chance the new administration would replace Khan, a move expected to benefit big tech by reducing regulatory pressures from the FTC. While anti-trust issues with the DOJ would remain for companies like Google and Apple, Khan’s potential exit would likely be seen as a positive shift for the sector. Tesla Positioned for Strong Gains With Trump's victory, Tesla is likely to emerge as one of the biggest winners. Expected reductions in electric vehicle rebates and tax incentives could weigh on the EV sector overall but give Tesla an edge due to its unique scale and position. Moreover, Trump’s selective import tariffs could limit cheaper Chinese EVs from flooding the U.S. market, creating a favorable environment for Tesla. Trump’s administration is also likely to accelerate the development of autonomous driving technologies, with potential benefits for Tesla and Waymo. Some of Tesla’s 2026/2027 goals could even be fast-tracked to align with China’s aggressive timeline for autonomous vehicles. In this scenario, Tesla’s stock could see an additional boost of $40-$50 per share if autonomous driving initiatives advance ahead of schedule. - The Team at Altos Trading In the next article, we look why Warren Buffett’s Berkshire Hathaway has paused its stock buyback streak, a move suggesting the legendary investor views both his company and the broader market as potentially overvalued. | 