TRUMP ROCKS MARKET: INVESTORS EXUBERANT
While the Dow rose 103.75 points, or 0.6 percent, to 18,7693.44 at 10:35 a.m. in New York, the Nasdaq 100 Index plunged 2 percent. Banks and health-care shares rose a second day to take the 30-stock gauge it above its Aug. 15 record.I think this is what we can expect to see for the next year or so, as the Trump agenda becomes clear. The Dow will go up and the NASDAQ will have trouble.
The reason I think the NASDAQ will be troubled is because many Green Companies are one the NASDAQ, and as they have benefited greatly from Government largesse (at taxpayer expense), investors will see trouble.
Many Green Energy companies revenue streams are based almost entirely upon Government money, as no one would buy their products at all if they were not partially paid for by the government.