🚀 Stock Market's Crystal Ball: Who's Winning 2024? 🎖️"
[Miser]Hey traders!
The stock market's $S&P 500(.SPX)$ $DJIA(.DJI)$ $NASDAQ(.IXIC)$ got its pulse on the 2024 election, and it's predicting a 41.4% chance for Trump.
But who's really getting a boost?
What's your post-election play?
Any hot sectors you're watching? 🏆📈"
Biden vs. Trump: Who is leading the polls? | Reuters
Let's have some fun speculating and sizing up the policies that could be market gold! 🤑
The Market's Money Bet:
Biden's got plans—think green energy and infrastructure. Which stocks are cheering him on? Share your best guesses! 🌿🏭
The Other Side's Play:
But what about the opposition? Lower taxes, less red tape—could be music to some stocks' ears. What's your take? 🎶💼
Election Jitters:
Elections = uncertainty = market jitters. How are you playing it cool with your investments? Any pre-election moves? 🕺💃
Beyond the Ballot:
Let's not forget the wild cards—global trends, tech breakthroughs. How do these stack up against the election buzz? 🌐💡
Post-Election Game Plan:
Win or lose, the market's always on the move.
Since 1927, the election year, or year 4 in the presidential cycle, has had a return of around 12%.
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We all love and support Trump!
Donald Trump says "I will ensure that the future of crypto and $Bitcoin(BTC.USD.CC)$ will be made in the USA…I will support the right to self custody to the nations 50 million crypto holders."
$Coinbase Global, Inc.(COIN)$ $Marathon Digital Holdings Inc(MARA)$ $MicroStrategy(MSTR)$ and BTC ETFs !!!
Let's not forget the wild cards—global trends, tech breakthroughs. How do these stack up against the election buzz?
Global trends and tech breakthroughs are the market's secret sauce. Think AI, 5G, and blockchain. Stocks like Nvidia (NVDA), Qualcomm (QCOM), and Square (SQ) are poised to ride these waves regardless of who's in the White House. Plus, emerging markets might offer some sweet spots away from the election noise. $NVIDIA Corp(NVDA)$$Qualcomm(QCOM)$$Block(SQ)$
When the market’s on a rollercoaster, diversification is your best friend. Spread the love across different sectors and maybe stash some cash in safe havens like gold (GLD). I have a major investment in PFP on the ASX. I’m invested in Silver mining stocks like EXK and FSM. I have other positions in Tesla, Nvidia and various stocks on the New Zealand market. Staying nimble and not betting the farm on any single outcome keeps you cool as a cucumber.
$PROPEL FUNERAL PARTNERS LTD(PFP.AU)$$Endeavour Silver(EXK)$$Fortuna Silver Mines(FSM)$$Tesla Motors(TSLA)$$NVIDIA Corp(NVDA)$
But what about the Trump? Lower taxes, less red tape—could be music to some stocks' ears. What's my take? Lower taxes and deregulation? That's a love letter to tech giants like Amazon (AMZN) and Alphabet (GOOGL), who could thrive with fewer hurdles. And don't forget about the financial sector—banks like JPMorgan Chase (JPM) and Goldman Sachs (GS) might pop some champagne at the thought of less regulation.
$Amazon.com(AMZN)$$Alphabet(GOOG)$$JPMorgan Chase(JPM)$
Today, Trump was convicted of 34 felony charges, each of which carries a maximum sentence of four years in prison.
Trump became the first president in U.S. history to be convicted by a jury.
He can appeal, but his chances are slim.