Trump the Great! (Or Not)
Trump has been in Office for 921 days. He campaigned on bringing back old industries like steel and of course 'clean' coal. He lived up to his promises of lifting and removing thousands of environmental regulations and laws. So what are the results?
....................1/20/09 - 1/20/17..............1/20/09 - 7/30/11..............1/20/17 - 7/30/119 ..........
ETF .............. OB %chg after 8 Years..............OB Days in Office 921..............TR Days in Office 921
SLX .............. 55.58%............................144.79%............................-7.35%
KOL .............. 1.18%..............................281.81%...........................-2.80%
XLE .............. 69.18%..............................73.26%..........................-15.62%
TAN .............. -74.91%..............................-7.66%...........................63.31%
SPY .............. 181.42%...............................9.84%...........................32.63%
QQQ .............. 340.81%............................106.47%...........................57.23%
XHB .............. 218.83%.............................54.52%............................22.74%
Lessons to be taken. 1. Regulations can help keep smaller players out of your industry, thus reducing competition - Hence 'drill baby drill' not always a good thing.
2. No one believes or want our 'clean' coal. 3. The masses are smarter than the select elite few who deny climate change and are investing in solar.
....................1/20/09 - 1/20/17..............1/20/09 - 7/30/11..............1/20/17 - 7/30/119 ..........
ETF .............. OB %chg after 8 Years..............OB Days in Office 921..............TR Days in Office 921
SLX .............. 55.58%............................144.79%............................-7.35%
KOL .............. 1.18%..............................281.81%...........................-2.80%
XLE .............. 69.18%..............................73.26%..........................-15.62%
TAN .............. -74.91%..............................-7.66%...........................63.31%
SPY .............. 181.42%...............................9.84%...........................32.63%
QQQ .............. 340.81%............................106.47%...........................57.23%
XHB .............. 218.83%.............................54.52%............................22.74%
Lessons to be taken. 1. Regulations can help keep smaller players out of your industry, thus reducing competition - Hence 'drill baby drill' not always a good thing.
2. No one believes or want our 'clean' coal. 3. The masses are smarter than the select elite few who deny climate change and are investing in solar.
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