S1 EP2: What happened in the stock market today, value stock rotation, and Impeachment transition effects market.

On today's episode of compounding lifestyle we discuss what happened in the stock market today, Joe Biden's transition into office, Donald Trumps impeachment how it effects the markets. Trump's speech was a let down as the stock market expect new that would work against big tech. Most of this lead to a sell off of large tech companies like Google , Apple , and Facebook in anticipation that Donald will make a speech on it today. Mike Pence advise that he will not make a move to impeach the current president so we should see the market move off of that. We are now entering the rotation from big tech to value stocks so you should see companies like Coca-Cola ( KO ), Walgreens ( WBA)  , and Walmart ( WMT ) break above their previous closes.  I am still keeping a eye out for our Stock pick of the month APXT which moved up ( 11.12 %). Also keeping a eye on EV stocks, Bio genomics, fintech, and  clean energy for today. Stock to look out for are HD , APXT , PACB , CTRM , BYM , and Zom just to name a few. While these stocks have show growth over the last few months, I see room for huge growth due to projections and large purchases from investment firms. A lot of the Vaccine roll out is in hush mode still and the news isn't looking great as cases increase. 

Music- Birocratic - Lovely Rita

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DISCLAIMER: These videos are for educational purposes only. Nothing in this podcast should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial advisor before making any financial decisions. Do your own research and due diligence.