One Sector I’m Buying During Trump’s “Golden Age”
It’s been two days since Donald Trump’s inauguration.
And I think we’re going to be in a stage of “volatile euphoria” over the next few weeks.
Some will be worried about the tariffs, and others will be looking at oil prices to drop.
The truth is…
Oil prices are one of the focal points of this new administration. Because that’s what people see at the pump every day.
Which is why I have one sector I’m looking at for multiple speculative trades – transportation.
Buying opportunities with UPS and Fed Ex
My thesis behind the transportation sector is really simple.
Lower energy prices are great for companies like UPS and Fed Ex as it allows them to reduce overhead.
Right now, I’m looking at UPS as a buy because it has no issues with labor since they have contracts in place last year with their unions.
And if the economy is ready to enter the “Golden Age” of Trump, then consumers are going to be buying things – and they’ll want that stuff delivered.
As you’ll see in the charts above. UPS and Fed Ex both look good at current levels.
We’ve already been trading this sector in The War Room.
In fact, my colleague Bryan Bottarelli recently closed a winner on Fed Ex in less than 24 hours earlier this week.
Insiders have also been buying up Fed Ex, Chief Financial Officer John Dietrich buying $274,000 worth of shares on January 7th for 1,000 FedEx shares at an average price of $273.98.
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