President Donald Trump may sign major executive orders on Monday, according to media reports. One would state his intent to renegotiate Nafta and the other would signal a U.S. withdrawal from the landmark Trans-Pacific Partnership, a staple of former President Obama's legacy. Meanwhile, investors are also watching shares of Exxon Mobil (XOM) , Boeing (BA) and Lockheed-Martin (LMT) -- stocks that are expected to perform well under Trump's administration, per analysis from TheStreet's Emily Stewart. Former Exxon Mobil CEO Rex Tillerson is Trump's pick for Secretary of State.
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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.