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 (-8,74%), $MSOS, $TLRY (-8,49%) down as Florida votes against legalization
$CVS (-1,89%), $UNH (-2,76%) : Health insurers rally on potential easing of Medicare Advantage pressures
$XLE (-0,13%) , $XOM (+0,15%): Energy stocks higher, anticipating fossil fuel support and less regulation
Solar/Renewables: Pressure on $FSLR (-4,32%), $SEDG (-14,29%), EV, hydrogen, and battery stocks as clean energy subsidies could be rolled back
Crypto: Higher as Trump holds a favorable stance, $BTC (-0,02%) strong
$TSLA (-7,16%): 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 (-8,42%), $AFRM (-7,35%) , $SQ (-5,32%), $SOFI (-11,96%) responding positively
Dollar: Stronger due to pro-business policies
$META (-0,21%), $SNAP (-5,98%): Mixed as TikTok ban concerns ease
Overall: Dollar, crypto, energy, banks, and U.S. stocks higher; bonds, renewables, and cannabis under pressure.