Market Reactions to Trump’s Presidential Win

ShayBoloor
11-07 13:36

Hello everyone! Today i want to share some trading ideas with you!

Market reactions to Trump’s presidential win 🧐

• $First Solar(FSLR)$ down 13% on fears of IRA cuts -- while $Tesla Motors(TSLA)$ jumps 12% with expected EV incentives pressuring competitors.

• $Coinbase Global, Inc.(COIN)$ , $T-Rex 2X Long Bitcoin Daily Target ETF(BTCL)$ , $Robinhood(HOOD)$ , $T-Rex 2X Long MSTR Daily Target ETF(MSTU)$ & $CleanSpark, Inc.(CLSK)$ up over 10% as Trump’s favorable crypto stance boosts sentiment.

• $IONQ Inc.(IONQ)$ & $Rocket Lab USA, Inc.(RKLB)$ both up 8% on deregulation optimism in sectors like quantum computing and space.

• $Palantir Technologies Inc.(PLTR)$ rises 4% on anticipated growth in DoD AI initiatives.

• $AdvisorShares Pure US Cannabis ETF(MSOS)$ , $Tilray Inc.(TLRY)$ , $Canopy Growth Corporation(CGC)$ & $MICROBA LIFE SCIENCES LTD(MAP.AU)$ all down over 15% as Florida votes against legalization.

• $Alibaba(BABA)$ , $PDD Holdings Inc(PDD)$ & $JD.com(JD)$ down over 5% on concerns over future tariff pressures.

• $UnitedHealth(UNH)$ climbs 7% on potential Obamacare rollback, which could raise insurance rates.

• $Meta Platforms, Inc.(META)$ down over 2% as TikTok ban concerns take a backseat.

Follow me to learn more about analysis!!

Investing Memes
Investing memes... all funny stuff in the stock market is welcome here!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment