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The Donald: Good for the Market?

With Super Tuesday less than 24 hours away, the "Halftime Report" experts and Shark Tank judge Kevin O'Leary discussed what a Tump/Clinton race for the White House would mean for your money.

"Trump will be president and stocks will rally"

O'Shares Chairman, Kevin O'Leary, thinks Donald Trump is going to first win the Republican nomination, and then the presidency--although he is not endorsing the businessman. O'Leary argues that Trump's success can be attributed both to fatigue surrounding the "old, crusty brands" of Clinton and Bush, as well as widespread anger towards the current administration.

Should O'Leary's prediction come to fruition, he believes the market will respond by "going straight up." Trump's focus on "straightening out the tax code" will be a huge boost for the economy, O'Leary argues, since our present tax structure is a "big hold back on the equity markets" because "it doesn't let our companies compete."

Jim Lebenthal doesn't entirely agree. While not in favor of Hillary Clinton, he also has questions surrounding Trump's unpredictable nature. Trump's proposed wall between the United States and Mexico, for instance, concerns Lebenthal.

Like O'Leary, Joe Terranova believes the populace is upset. Terranova argues that when it comes to the election a "none of the above" option would get 90% of the vote. That said, he too believes that if Trump were president he would engineer a lot of policies that would be "pro growth, pro business." Hillary Clinton, on the other hand, would create a state of "gridlock," according to Terranova.

Pete Najarian thinks we'll see continued volatility in the markets as we near the election. In terms of Trump, Chris Christie's endorsement was a catalyst for Najarian. He argues that prominent Republicans backing Trump shows that they're beginning to believe he might actually win the White House.

As Trump's rise has escalated, many prominent CEOs have come out against the front runner, including Hewlett Packard Enterprise CEO Meg Whitman.

But O'Leary doesn't think corporate America is actually afraid of the Donald. He believes that Trump "gets deals done" and that the country should "let this guy do some business...let him start solving things we care about as investors that I haven't seen anybody care about."

One sector he's hoping for a turnaround in is biotech. The sector has not recovered since Clinton's comments last year that she would take on "price gouging" in the pharmaceutical industry.

At this point, since O'Leary does not anticipate Clinton winning, he is loading up on health care and biotech names. He believes the sector will recover once a Clinton White House is no longer in the cards, and that his positions--previously hurt by her comments--will once again rise.

"I have nothing against her [Hillary Clinton]. She's a fine woman. I respect her, but she has hurt me as an investor in biotech and pharma. These are great companies in America. They're doing the right thing," said the Shark Tank judge.

Unlike biotech, O'Leary doesn't believe the financial sector will be as directly affected by the next president. He believes the bigger move in financials will come from a "decoupling between the market and the price of oil." Right now O'Leary is going long anything that is "going to benefit from oil collapsing," including financials, consumer, and transports.

Trader disclosure: On February 29, 2016 the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Halftime Report" were owned by the "Halftime Report" traders:

Pete Najarian: Long AAPL, BAC, BMY, DIS, DISCA,GE, KMI, KMI-A, KO, MRK, PEP, PFE, SAVE, VIAB. Long calls AAL, AMJ, BAC,BHP, DAL, F, FDX, GDX, GE, HAIN, HBAN, HYG, LC, MCD, MDLZ, MPZ, NRF, POT, RHT,SLV, SWN, UAL, USG, WMB, WYNN, ZIOP. Long puts DB, EWH, RIG, VLO

Joe Terranova: Long VRTS

Jim Lebenthal: Long AAPL, BA, C, CSCO, DCO, DIS, EEQ, GAIA, GM, INTC, JCP,KMI, MPC, OA, ORBC, PFE, QCOM, QRVO, SPLS, TIF, TRN, WGO