Trump's return. A detailed discussion on the possible impacts of domestic industry and tax reduction policies.

a. Currently, the major technology giants (except for $Tesla(TSLA.US)) are likely to be bearish in the short term and may be neutral in the long term. These tech giants have essentially built their business empires under the globalist umbrella created by the Democratic Party. Trump's return to American nationalism is not favorable for these tech giants. However, the good news is that these tech giants' business barriers can grow independently from the protection of their home country, so the pressure is not too great.

b. However, the combination of lowering corporate taxes and interest rate cuts is actually beneficial for the EPS of tech giants.

So, if these factors offset each other, it feels neutral to slightly bearish in the short term and neutral to slightly bullish in the long term. $NASDAQ Composite Index(.IXIC.US)

c. For traditional industries, whether it is military (Republican defense spending is generally high) or traditional energy (reducing subsidies for green energy and not overly accelerating green energy penetration), overall, it is clearly beneficial for traditional industries represented by the Dow Jones. $ProShares Ultra Dow30 ETF(DDM.US)