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Trying to beat the market is a waste of time. You’re not stuck in an unprofitable investment unless you’re trying to get rich quick. You invest based on your strategy and value of said investment. It isn’t just because the number goes up and down. Time in the market wins every time. Read the founder of Vanguard’s book on investing.
Ordinarily, yes. But in this case, we're dealing with a type of risk we don't usually have to worry about: sovereign risk. It is entirely possible that Trump could be fucking up the country in ways that the market will never come back from because companies just get entirely destroyed or nationalized or who knows what.
In that sort of case, changing your investments -- not timing the market, but responding to the potentially permanent difference in circumstances -- can make sense.
This dip isn't even because of some fundamental issues on the market. It's just the reaction of scared individuals to what a single person says. When that same person the next month says something else the opposite can happen.