It was a good week for Donald Trump but a bad week for our Donald Trump Stock Portfolio.
Despite several controversies, Trump presided over a successful Republican National Convention in Cleveland. His campaign may now be experiencing a post-convention "bump" in the polls. Election prediction website FiveThirtyEight.com now gives Trump a 46% chance of winning the election, his highest number yet.
For our Donald Trump Stock Portfolio, it wasn't such a good week. The portfolio, overall, was down about 1%.
Leading the way was the Bitcoin Investment Trust (GBTC) , which was down 12.5%, suffering from the halving of the new Bitcoin supply being created. Other laggards were Steel Dynamics (STLD - Get Report) (-4.97%), which reported weak second quarter earnings, and Capital One Financial (COF - Get Report) (-2.02%), which also reported a second quarter earnings miss.
But there were some bright spots as well. Microsoft (MSFT - Get Report) was up 5.38% on fourth quarter earnings that crushed expectations, and Tetra Tek (TTEK - Get Report) was up 4.15%. The company was awarded a small but important contract last week and reports earnings on July 27, after market close.
Across the portfolio, only four stocks were in positive territory and seven were down 1% or more.
Here's how the rest of the portfolio did from open to close last week, leading with the best gainers:
Tetra Tek: +4.15%
Cemex (CX - Get Report) : +0.88%
Boeing (BA - Get Report) : +0.85%
GEO Group (GEO - Get Report) : -0.03%
Lockheed Martin (LMT - Get Report) : -0.15%
Northrop Grumman (NOC) : -0.88%
Elbit Systems (ESLT - Get Report) : -0.94%
Exxon Mobil (XOM - Get Report) : -1.04%
U.S. Steel (X - Get Report) : -1.12%
Randgold Resources (GOLD - Get Report) : -1.36%
Oracle (ORCL - Get Report) : -1.63%
Capital One Financial: -2.02%
Steel Dynamics: -4.97%
Bitcoin Investment Trust: -12.5%
If you're bullish on Trump winning the presidency, bet on these stocks, which should have a tailwind under a Trump administration. And if you're more optimistic that Hillary Clinton will win the presidency, check out these 15 stocks.
Lockheed Martin is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. See how Cramer rates the stock here. Want to be alerted before Cramer buys or sells LMT? Learn more now.