Here's why stocks have been on a tear since Trump's election (APOL, CXW, GS, HCA, IBB, SPX, WFC)

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Stocks are on a tear, and the US dollar is rising — all since Donald Trump was elected the 45th US president.

A month after the election, we've taken a closer look at how markets have moved since then as well as some idea of why those moves have happened.

We put together a collection of charts illustrating some of the biggest moves in the weeks since Election Day.

For the charts showing corporate stocks, a red line on the chart indicates closing time on Election Day.

For yields, currencies, and gold, which see extensive overnight trading, the line shows midnight of November 9, around which time it became clear that Trump would win the election.

Stocks have climbed to a record, but ...

Business Insider/Andy Kiersz, data from Bloomberg

On election night, as the results started indicating an increasing likelihood of a Trump victory, markets went haywire. Near midnight, futures for the benchmark S&P 500 and Dow Jones Industrial Average indexes fell by over 4%.

Stocks often tumble during unexpected and surprising moments, like Trump's late-night victory and, earlier in 2016, the Brexit referendum.

The chart, however, illustrates only moves during the regular trading day (as do the following charts of stock prices), and so it doesn't include the wild ride from the night of November 8.

Instead it shows how quickly stock markets recovered, as investors focused on assumptions that are good for the market instead of uncertainty.  

All of the major US indexes have set all-time highs. As the next charts will show, certain sectors have been big winners since the election, while others have not fared as well.

Check out more about the S&P 500 at Markets Insider.

... to understand why, it is important to look at specific sectors. Bank stocks, for example, have staged a huge rally that seems directly related to assumptions about Trump's policy.

Business Insider/Andy Kiersz, data from Bloomberg

The financial sector has taken off since the election, on the assumption that a Republican administration will foster a much more lenient regulatory environment than has been in place since the financial crisis. As we will see later, interest rates have also gone up since the election, and higher rates could benefit banks.

Check out more about Wells Fargo at Markets Insider.

In particular, Goldman Sachs — a previous employer of several key Trump advisers — has been on a tear.

Business Insider/Andy Kiersz, data from Bloomberg

The investment bank has outperformed the other 29 companies that make up the Dow Jones Industrial Average since the election. Indeed, according to legendary trader Art Cashin, about one-third of the postelection increase in the Dow Jones Industrial Average came directly from Goldman Sachs' performance.

It's worth noting that Trump's chief strategist, Steve Bannon, and his nominee for Treasury secretary, Steve Mnuchin, are Goldman Sachs alumni, and on Friday it was widely reported that Trump intended to name Goldman chief operating officer and president Gary Cohn as the head of the National Economic Council.

Check out more about Goldman Sachs at Markets Insider.

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