1. The post-election rally in the S&P 500 has stalled, with the index shedding 130 points over four days, nearly erasing half of November's gains; 2. Financials surged on expectations of lighter regulation, while small caps and Asian markets sold off; 3. Bitcoin surged 19%; 4. All equity groups were in the red in the broad market selloff, with small caps hit hardest; 5. Short-term selling is expected, but long-term momentum remains positive due to potential tax cuts and deregulation, despite inflation risks.