We have experienced an unprecedented volatility leading to the US Elections. In fact, it was the worse period for the US Indices proceeding the elections, especially for mega-caps of $NSDQ100 The $SPX500 also suffered greatly as did $DJ30
Biden is leading in the polls, around 51 to 44% from the latest Bloomberg Data.
Now, I need to highlight, that this post focuses on the impact on the stock market, rather than the politics or even purely about economy. You should consider this when reading the following bullet points.
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🔹️ GREEN ENERGY: From the market standpoint, this has been the sector that benefited the most. We have already seen 200% growth in some of the stocks.
🔹️ MEGA CAPS: As much as Mr. Trump is good for the market, Biden is bad for mega caps. I think we have all seen that very clearly in the past week. He’d love to break them all as they are too “powerful”. He’d also like to tax the hell out of the rich and then distribute to the poor. True Robinhood.