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Top Stocks to Watch Before Trump’s Inauguration on January 20

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Written by Timothy Sykes
Reviewed by Jack Kellogg Fact-checked by Ellis Hobbs

With Donald Trump’s January 20 inauguration just days away, markets are buzzing with activity. Major indices have rallied since Trump’s election win on November 5, and key stocks tied to Trump-related news are experiencing heightened volatility.

This is a rare moment for traders to capitalize on unique momentum. Stocks like Tesla Inc. (NASDAQ: TSLA), Trump Media & Technology Group Corp. (NASDAQ: DJT), DatChat Inc. (NASDAQ: DATS), and Phunware Inc. (NASDAQ: PHUN) are top candidates for short-term plays.

Check out the replay of my live session with $15 million trader Jack Kellogg—he’ll tell you what he’s looking for when January 20 comes around…

Get Jack’s NO-COST inauguration idea here! 

Market Trends Since Trump’s Election Victory

The S&P 500 surged to new all-time highs following Trump’s November 5 election win.

Bitcoin also spiked, reflecting broader market enthusiasm.

After Trump’s November 5 victory, Jack generated $2.2 million worth of trading profits…

In just 10 weeks!

And now, starting shortly after Trump’s official swearing in, Jack believes things are about to get even crazier.

Here’s what he’s watching:

Trump Media & Technology Group Corp. (NASDAQ: DJT) — The Core Trump Play

DJT is consolidating after a recent spike. The stock has clear levels of support and resistance, making it a favorite for short-term trades as Trump’s inauguration approaches.

This was my plan for DJT on Election Day.

Why Jack Is Watching

This stock is the closest proxy to Trump’s political and business moves. With increased volatility leading up to the inauguration, expect potential breakout opportunities before January 20.

DatChat Inc. (NASDAQ: DATS) — The “Trump Sympathy” Runner

DatChat’s volatility has made it a go-to for traders looking to capitalize on Trump-related news. Its subsidiary, Dragon Interact, recently announced Trump Trivia, an AI-driven podcast launching in mid-November. The news sparked a renewed rally in DATS, which traders are watching closely for further momentum.

Here it is going absolutely crazy on November 6… although it gave back its entire 100%* gains the next day!

Why Jack Is Watching

DATS has a history of explosive, short-term moves. Look for dip-buy opportunities or breakouts past key resistance levels. As always, don’t chase, and stick to disciplined trading plans.

Tesla Inc. (NASDAQ: TSLA) — The Wild Card

Tesla has benefited from CEO Elon Musk’s newfound camaraderie with Trump during the election cycle. Musk’s high-profile support for Trump in the final months of the campaign fueled speculation that Tesla could benefit from favorable policy changes under a Trump administration.

Here’s the latest Tesla news!

More Breaking News

Why Jack Is Watching

Tesla has always been a market mover, and with the inauguration approaching, any headlines tying Musk to Trump could create short-term volatility. While TSLA isn’t a traditional penny stock or low-float play, its price action is still worth monitoring for momentum-based setups.

Phunware Inc. (NASDAQ: PHUN) — The Election Tech Stock

Phunware has been a consistent Trump-related play since its involvement in the 2020 election. The company provided digital tools for Trump’s campaign and continues to see price action tied to Trump headlines.

Here’s a look at PHUN’s incredible post-election volatility.

Why Jack Is Watching

PHUN’s low price and history of sympathy spikes make it an intriguing play. Look for pre- and post-inauguration volatility, but avoid holding shares through the January 20 event itself.

 

* Past performance does not indicate future results.

Final Thoughts

The Trump inauguration is a rare market catalyst creating heightened volatility in stocks tied to his political and business endeavors. From Tesla’s Musk-Trump dynamic to DJT, DATS, and PHUN, there’s no shortage of opportunities for traders.

Key Tip: Stick to a “buy the rumor, sell the news” strategy. Trade the momentum, but avoid holding through the inauguration itself to minimize risk.


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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”