🚨ALERT: The post-midterm CLASH to begin as Democrats signal they intend to block Trump’s $1.5 TRILLION defense budget. However, democrats are 'likely' to back a LOWER budget closer to $1 TRILLION, per Bloomberg. That puts Trump’s Golden Dome missile shield and battleship plans AT RISK. Defense stocks also took a HIT after midterm results: - Lockheed Martin (LMT) plunged 7% to $595, its worst day since July 2025 - L3Harris (LHX) fell 6% - Northrop Grumman (NOC) dropped 5% - The aerospace and defense ETF (ITA) fell 2%, cushioned by commercial aviation holdings Jefferies sees a final budget near the House’s $1.15 TRILLION figure, about 28% above the approved $901 BILLION. Defense spending could still rise sharply, but contractors counting on Trump’s biggest projects face more uncertainty.