The surprise victory of President-elect Trump will usher in new pro-growth, pro-business policies and that will be a boon for Devon Energy (DVN) , Diamond Offshore (DO) and Wells Fargo (WFC) bonds, says Jim Brilliant, portfolio manager for the CM Advisors Fixed Income Fund.
More from Video
How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.