January 22, 2025
(TRUMP’S FIRST DAY)
January 22, 2025
Hello everyone
The U.S. now has a convicted felon for a President.
That’s a first.
He has survived two impeachment trials; two assassination attempts and an indictment for trying to overturn his 2020 election loss.
But who cares?
The world keeps turning and businesses, and the country itself, are set to make extra greenbacks with Trump’s business-friendly policies.
So, all is well, right? What could possibly go wrong?
On his first day, Trump did the following:
-declared a state of emergency on the US-Mexico border
-pardoned nearly all those charged with crimes related to the 2021 attack on the US Capitol.
-made the (DOGE) Department of Government Efficiency official
-withdrew from the Paris Climate Agreement
-exited from the World Health Organization
-signed an order(temporarily) suspending the sale of TikTok
-froze government hiring
- drafted measures to support racial equity and combat gender-based discrimination were thrown out
-signed an order “restoring free speech and ending federal censorship”.
-signed an order “protecting women from radical gender ideologies.”
- robustly declared that he was aiming at “defeating America’s enemies.”
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Trump will seek to end birthright citizenship for US-born children whose parents lack legal status.
Trump will restore the death penalty.
Trump will require that official US documents such as passports reflect citizens’ gender as assigned at birth.
Trump said he “was saved by God to make America great again.” We can argue then, that we have a President portraying himself as a national saviour.
On stage with Trump was the business elite
Tesla and SpaceX CEO, Elon Musk, Amazon CEO Jeff Bezos, and Meta CEO Mark Zuckerberg. All had prominent seats on stage, next to cabinet nominees and members of Trump’s family.
Biden’s last official act
Biden pardoned several people, whom Trump has targeted for retaliation, including former White House chief medical advisor Anthony Fauci, former Republican US representative Liz Cheney, and former chairman of the Joint Chiefs of Staff General Mark Milley.
Now, to the markets…
Netflix earnings came out Tuesday, and they were a blockbuster. Stocks rallied strongly.
Do you have this stock in your portfolio?
I recommended it on January 17, 2024, when it was sitting at $480. The stock is now sitting at $994.80 (in extended hours) just shy of $1000.
The company surpassed 300 million paid memberships during the quarter, adding a record 19 million subscribers. The company beat on the top and bottom lines for the 4th quarter and raised its 2025 revenue forecast.
In 2025, the company says it plans to improve its core business with more series and films, enhance its product experience, and continue to grow its ads business. On top of that, Netflix is expected to explore the live event space and games, too.
Portfolio Update
After the holidays, in the first newsletter of the year, (01/06/25) I recommended that you scale into two Uranium Energy plays.
(VST) Vistra Energy at $163.95. At close today (01/21), the stock price is $$185.35.
(SMR) Nu-Scale Power Corporation at $23.66. At close today (01/21), stock price is $25.61
Cheers
Jacquie
