I’m thinking more that it was anticipation of Trump winning and they were betting he would.
If you recall the oddsmakers — Vegas and elsewhere were expecting hillary to win with 80 percent probability. I credit trump with gains starting the day after the election to now although the sitting president always gets credit for the good and bad on their watch.
The surprise election of trump has helped the market rally. I said this would happen but many thought wall street wanted the establishment candidate and would crash if hillary were not elected which never made sense to me. Trump will unshackle the economy.