State of the Union (SOTU) Highlights

Last night president Obama delivered his annual State of the Union address. Now I want to provide some highlights and recap from my perspective in regards to market and financial.

Alex He
Alex RT

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He laid out several proposals that he is going to execute. He told us about his plan to raise taxes on higher income earnings through increase in tax on investments. Although there will be new tax cuts for child care and sick leave protections. In a GOP controlled Congress, it is highly likely that his plans will not gain Congressional support.

  • Again, he affirmed that he will raise the minimum wage.
  • Check the companies like McDonalds (MCD), Wal-Mart(WMT) that rely heavily on paying its workers minimum wage.
  • He planned to support Human Genome Research
  • He indicated his firm decision to make community college 2 years free for all
  • Check out some national community colleges like DeVry (DV) and etc.
  • He also mentioned that he wanted the Congress to pass an infrastructure plan.
  • Maybe check out the Caterpillar (CAT) and TransCanada (TRP).
  • He said he would like trade deals with Asia.
  • iShares FTSE/Xinhua China 25 Index (FXI) is a great ETF to check out.
  • It rose 2.78% at the time of writing this article.
  • He announced plans to combat climate change.
  • The energy companies and solar power companies are worth to take a look.
  • He indicated plans to increase cyber security defense.
  • Some companies like FEYE, PANW, QLYS, PFPT, IMPV, CHKP, FTNT are on the watchlist.
  • He said the nation will continue to combat Ebola outbreak.
  • Some pharmaceuticals companies that specialize in Ebola research are worth to take a look.

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