Trump vs. Harris
Dear Traders,
Tomorrow is the U.S. elections, and Iâm sure many of you are wondering how it might impact the market. The race is extremely close, which is creating some uncertainty and big market swings. Weâre already seeing the VIX (a measure of market volatility) tick up, and that might continue until we have a final result. But once the elections are over and the Federal Reserve likely announces a rate cut this week, things could calm down again.
In the bigger picture, I still see a positive outlook for the market. The Fed is expected to cut interest rates, which usually gives businesses a boost and can help stock prices move up. The S&P 500 is showing strength, and I think we could see a strong end to the year as we head into 2025.
Earnings reports have been a mixed bag lately. Some companies didnât meet expectations, but many CEOs are saying this quarter might be the low point for profits. They expect growth to pick up, especially in tech and high-growth areas like AI, as rates get lower and economic support increases. I think this could lead to better profits and new opportunities for traders.
As the elections wraps up and economic support kicks in, the market looks set up for some positive moves. High-quality stocks, particularly in tech, have a solid runway ahead. Sectors like AI and cloud computing are just getting started, and they could drive the market to new highs over the next few years.
To get a feel for the marketâs sentiment, I ran a quick poll in the chatroom today, asking, âWill Harris win the election?â The results were interesting, 35% said yes, and 65% said no. Itâll be exciting to see how that prediction plays out tomorrow.
If you want to see my trades and our community chat live, join us in the chatroom for just $1 and get a full week of access to live insights, election-day updates, and real-time trading with our community. With market volatility rising, itâs the perfect time to experience trading together.
Iâm excited to share that we are hosting TEDx BBT in Vancouver on March 29, 2025. Itâs going to be a full day packed with incredible speakersâpsychologists, athletes, researchersâall diving into topics on mental resilience and peak performance. This event is a unique opportunity to pick up powerful insights that can help you grow, not just as a trader, but in all areas of life.
And thatâs not allâright after TEDx, weâll be hosting the Live Trading Summit on March 30-31, 2025 at the Paradox Hotel in Vancouver. This summit will feature 14 speakers, live trading sessions, and a hands-on mentorship experience. Youâll have the chance to trade alongside experienced traders, learn directly from their strategies, and get peer-to-peer advice and encouragement.
Seats are limited for both events, so donât wait too long! reserve your spot now.
To your success,
Andrew