GREY CAPITAL · 2024-11-06T12:43:33.515697Z

INITIAL MARKET REACTION TO TRUMP VICTORY: U.S. Stocks: Broadly higher across sectors $XLF: Big banks higher on expectations of regulatory relief, M&A growth Cannabis Stocks: $WEED, $MSOS, $TLRY down as Florida votes against legalization $CVS, $UNH : Health insurers rally on potential easing of Medicare Advantage pressures $XLE , $XOM: Energy stocks higher, anticipating fossil fuel support and less regulation Solar/Renewables: Pressure on $FSLR, $SEDG, EV, hydrogen, and battery stocks as clean energy subsidies could be rolled back Crypto: Higher as Trump holds a favorable stance, $BTC strong $TSLA: Higher after Trump Win as Musk was all-in on support Bonds: Weaker, with yields rising on fiscal concerns China Stocks: Weak as tariff pressures and anti-China policy concerns grow Peso/Mexican Equities: Weaker on aggressive trade policies and tariffs fear FinTech: Higher with $HOOD, $AFRM , $SQ, $SOFI responding positively Dollar: Stronger due to pro-business policies $META, $SNAP: Mixed as TikTok ban concerns ease Overall: Dollar, crypto, energy, banks, and U.S. stocks higher; bonds, renewables, and cannabis under pressure.

INITIAL MARKET REACTION TO TRUMP VICTORY:

U.S. Stocks: Broadly higher across sectors
$XLF: Big banks higher on expectations of regulatory relief, M&A growth
Cannabis Stocks: $WEED (-2%), $MSOS, $TLRY (-90.51%) down as Florida votes against legalization
$CVS (-1.57%), $UNH (-2.14%) : Health insurers rally on potential easing of Medicare Advantage pressures
$XLE (+0.81%) , $XOM (+0.67%): Energy stocks higher, anticipating fossil fuel support and less regulation
Solar/Renewables: Pressure on $FSLR (-2.92%), $SEDG (-9.96%), EV, hydrogen, and battery stocks as clean energy subsidies could be rolled back
Crypto: Higher as Trump holds a favorable stance, $BTC (+0.5%) strong
$TSLA (-0.17%): Higher after Trump Win as Musk was all-in on support
Bonds: Weaker, with yields rising on fiscal concerns
China Stocks: Weak as tariff pressures and anti-China policy concerns grow
Peso/Mexican Equities: Weaker on aggressive trade policies and tariffs fear
FinTech: Higher with $HOOD (-4.14%), $AFRM (-2.95%) , $SQ (-3.18%), $SOFI (-2.07%) responding positively
Dollar: Stronger due to pro-business policies
$META (-0.95%), $SNAP (-0.15%): Mixed as TikTok ban concerns ease
Overall: Dollar, crypto, energy, banks, and U.S. stocks higher; bonds, renewables, and cannabis under pressure.