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Infrastructure Boom

The White House is considering a $928 billion infrastructure bill. CEO of Prosper Trading Academy, Scott Bauer, believes that this bill will greatly benefit the already blossoming infrastructure market. Specifically, General Electric (GE) continues to strengthen will over 200,000 calls traded today. Additionally, the Global X U.S. Infrastructure Development ETF (PAVE) containing stocks such as Deere & Co. (DE), Kansas City Southern (KSU), and Nucor Corp (NUE) is accelerating. Finally, he discusses Costco’s (COST) opportunity for new highs despite struggling currently.

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