CNBC Mad Money January 11, 2017
20,000 is in our grasp and the nasdaq, which has been red hot lately, has been led by the biotechs . While the market ultimately finished higher, dow giening 99 points, s p claiming 0. 28 , the averages, the averages got clobbered midday after the president elect held a press conference where he called for more price Competition Among the Drug Companies. Thats the exact group that had been powering the markets most recent leg up. It was a stark reminder that even though trumps probusiness, that doesnt mean hes pro every business. In some cases, he can be a oneman wrecking crew for entire secto...