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Trump’s ‘Dream Military’ Plan Whipsaws Defense Stocks; China Set to Approve H200, Nvidia Seeks Cash Upfront - Apple (NASDAQ:AAPL)
Benzinga· 2026-01-08 16:21
Classic Trump WhipsawPlease click here for an enlarged chart of defense company RTX Corp (NYSE:RTX) .Note the following:This article is about the big picture, not an individual stock.  The chart of RTX stock is being used to illustrate the point.The chart shows a big drop in RTX when President Trump said he would ban defense companies from buy backs and issuing dividends.  President Trump singled out RTX as a big offender.  Other defense stocks experienced a similar large drop.Only two hours later, the char ...