On the eve of the election, Yahoo Finance Executive Editor Brian Sozzi spoke with Larry McDonald, founder of The Bear Traps Report and author of “How to Listen When Markets Speak,” about Tesla’s (TSLA) performance if Trump wins the presidency. McDonald explained that “if Trump wins, Musk is gonna have a very heavy hand in influencing—and basically negotiating— and try to put forth his agenda for the green agenda for Tesla.” However, McDonald did warn that Trump trades “have a huge downside if Kamala wins.” If that is the case, McDonald is looking at cannabis, solar, and healthcare as key Harris trades.
For full episodes of Opening Bid, watch on our website or listen on your favorite podcast platform.
