November 18, 2024

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

The Trump Trade

Please click here for a chart comparing biotech ETF (XBI) to Dogecoin (DOGE.USD).

Note the following:

• The chart shows that biotech XBI has lost 5.35% since Trump’s election.  Companies in this ETF are producing innovative life saving drugs, employ brilliant scientists, own significant intellectual property, and are often bought out at large premiums.
• The chart shows that Dogecoin has gained 48.78% since Trump’s election.  Dogecoin was initially developed as a joke.  At one time, it was endorsed by Elon Musk; its name is the same as the acronym of Trump’s Department of Government Efficiency.