All The Markets Trump Moved During His Speech Today

The words of President-elect Donald Trump have a Midas-ian touch.

Throughout Trump's speech Wednesday morning, comments aimed at particular industries and corporations corresponded with spikes in relevant stocks. Pharmaceuticals, biotech firms, cybersecurity companies, the indices of entire foreign markets hardly anything emerged from the address untouched.

The S&P 500 Index spoke to the impact as it fell 0.5 percent over the first 15 minutes of the speech before rising another 0.5 percent over the next half hour.

Pharmaceuticals

After Trump said U.S. pharmaceuticals are getting away with murder and asserted that we need new bidding procedures, ETFs iShares NASDAQ Biotechnology Index (ETF) (NASDAQ:IBB) and SPDR S&P Biotech (ETF) (NYSE:XBI) immediately plunged 2.6 percent and 3.3 percent, respectively.

Direxion Daily S&P Biotech Bull 3X Shares (NYSE:LABU) fell 9.8 percent, and Direxion Daily S&P Biotech Bear 3X Shares (NYSE:LABD) rose 9.7 percent.

Individual shares also took significant hits, including Mylan Inc (NASDAQ:MYL), Pfizer Inc. (NYSE:PFE) and Biogen Inc (NASDAQ:BIIB).

Healthcare/Insurance

The president-elect also addressed his negative perception of the Affordable Care Act and reiterated his mission to dispose of it.

It'll be repeal and replace, he said. It will be essentially simultaneously.

The S&P 500 Health Care responded with a 1.7-percent plunge and has remained down since.

One of the biggest corporate losers among health-related companies was NewLink Genetics Corp (NASDAQ:NLNK), the shares of which fell 4.2 percent during the speech and continued to plummet for a total drop of 5.26 percent on the day at last check before publication.

Merck & Co., Inc. (NYSE:MRK) also took a 2.4 percent hit and continued to fall, while Abbott Laboratories (NYSE:ABT) fell 1.5 percent before rebounding.

Cybersecurity

When Trump alluded to a hacking-related defense plan set to be created in the next three months, cybersecurity shares immediately peaked. However, the effect was seemingly short-lived.

PureFunds ISE Cyber Security ETF (NYSE:HACK) values had dropped 0.8 percent prior to the presidential nod, and, after a brief rally at the time of the comment, remained relatively volatile. Shares are still up on the day. Symantec Corporation (NASDAQ:SYMC) saw similar volatility after a quick, mid-speech drop of 0.5 percent, but its value has generally improved throughout the day.

Some in the industry havent yet recovered. FireEye Inc (NASDAQ:FEYE) shares fell 2.7 percent and after a 1.1-percent rally following Trumps comments have continued to fall since.

Defense

The PowerShares Aerospace & Defense (ETF) (NYSE:PPA) moved slightly lower when Trump took the podium (0.1 percent), but trading volume was light at 4,389.

Individual corporations felt more significant impact. The shares of Lockheed Martin Corporation (NYSE:LMT) and Boeing Co (NYSE:BA) fell 1.5 percent and 0.7 percent, respectively, but each company has seen moderate improvements throughout the day.

What Trump Said About International Trade

Consistent with his economic platform championing domestic production, Trump praised corporations that have brought manufacturing processes to the United States.

Big news is going to be announced over the next couple of weeks about companies that are going to be building in the Midwest, he said, praising Fiat Chrysler Automobiles NV (NYSE:FCAU) and Ford Motor Company (NYSE:F) for constructing factories in the United States.

The auto manufacturers decision to produce domestically diverted investments from Mexico, the economy of which felt the heat of Trumps address.

The Mexican peso's value against the U.S. dollar had fallen throughout the morning; it saw a steep rise in relative value from 21.99 to 21.79 pesos to the dollar as soon as Trump began his speech. From then on, the peso fell to 21.95, bounced up to 21.77, and has been on the decline since.

iShares MSCI Mexico Inv. Mt. Idx. (ETF) (NYSE:EWW) spiked up 1.9 percent before abruptly falling by a comparable degree. It now stands down 0.36 percent on the day.

Mexicos wasnt the only economy that reacted to Trumps speech.

Market Vector Russia ETF Trust (NYSE:RSX) values rose and fell within a five-cent range throughout the address but have steadily risen since.

"Russia will have far greater respect for our country when I'm leading it, Trump said. We're either going to get along, or we're not. I hope we get along, but if we don't, that's possible too.

Trump also called out China for having taken total advantage of us economically...and (taken) advantage of us in the South China Sea.

The iShares FTSE/Xinhua China 25 Index (ETF) (NYSE:FXI) reacted to the speech with great volatility with values ranging plus or minus $0.10.

iShares MSCI Japan ETF (NYSEARCA:EWJ) also swelled 0.5 percent in the middle of the speech and has remained up on the day.

Image Credit: By Max Goldberg from USA - Trump (12/8), CC BY 2.0, Wikimedia Commons

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