The surprise U.S. presidential victory of Donald Trump caused shock waves through the futures markets last night. However, as the next trading day opens, there are clearly sectors that are winning and those that are losing.

The biotech, drug, banks and broker/dealer sectors are the strongest performers out of the gate with a 7.50%, 4.70%, 4.60% and 5.40% leap respectively.

After an explosive morning, volatility indexes for the S&P 500 and Dow (VIX & VXD), have continued to ease. The latest readings have moved both back to a low risk level.

Commodities too received a boost with the oil services and natural gas sectors advancing 3.00% and 2.80%.

On the losing side, utilities and staples felt the most selling pressure with a 3.4% and 1.50% decline.

Global markets were largely negative on the news of a Trump victory.

Mexico, Brazil, Malaysia, China and South Korea were the hardest hit whereas Russia had the best performance.

The next few months will certainly be interesting.

By Donald W. Dony, FCSI, MFTA
www.technicalspeculator.com

COPYRIGHT © 2016 Donald W. Dony
Donald W. Dony, FCSI, MFTA has been in the investment profession for over 20 years, first as a stock broker in the mid 1980's and then as the principal of D. W. Dony and Associates Inc., a financial consulting firm to present. He is the editor and publisher of the Technical Speculator, a monthly international investment newsletter, which specializes in major world equity markets, currencies, bonds and interest rates as well as the precious metals markets.

Donald is also an instructor for the Canadian Securities Institute (CSI). He is often called upon to design technical analysis training programs and to provide teaching to industry professionals on technical analysis at many of Canada's leading brokerage firms. He is a respected specialist in the area of intermarket and cycle analysis and a frequent speaker at investment conferences.

Mr. Dony is a member of the Canadian Society of Technical Analysts (CSTA) and the International Federation of Technical Analysts (IFTA).

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