How to conduct 'Trump trade' in the market?
Taking everything into consideration, the 'Trump trade' leads to rising US bond yields, a stronger US dollar, and a higher certainty of bitcoin increasing, which trades more on the upside against US stocks and copper prices, while leaning bearish on gold, with uncertain impacts on oil prices. Based on the trading results from the previous market, the 'Trump trade' is not 'bearish for copper and oil, bullish for gold', indicating a certain divergence from the judgment based on policies.
There is a high probability of Trump returning to the White House! The estimated valuation of his social media exceeds that of the biggest competitor X.
① Thanks to the recent sharp rise in the stock price of the Trump Media Technology Group, the latest valuation of Trump's self-created social media platform, Truth Social, has exceeded that of X, which is owned by Musk; ② As of Tuesday, the stock price of Truth Social's parent company, the Trump Media Technology Group, has skyrocketed 333% from the low point reached at the end of September, with a valuation climbing to 10.6 billion US dollars.
Subsidies for photovoltaic and wind energy should all be cut! Potential Treasury Secretary pick for Trump: will cut federal spending with Musk.
①John Paulson, the 'backer' of Donald Trump, recently stated that if he ultimately becomes the new Secretary of the Treasury of the usa, he will cooperate with Tesla's CEO Musk to jointly formulate policies that significantly reduce federal spending; ②Paulson said that all tax subsidies for inefficient and uneconomical energy sources such as cecep solar energy and wind energy should be canceled, which will reduce fiscal expenditures.
Democrats can't laugh! The latest polls show Republicans will sweep both the Senate and the House of Representatives.
①The latest polls and market forecasts both show that the Republican Party will win a majority of seats in both the Senate and the House of Representatives; ②If this prediction comes true, then even if the Democratic candidate Harris wins, she will only serve as a "lame duck president" constrained by Congress.
Express News | "Trump Trade" heating up, the valuation of social media platforms under Trump's name exceeds Musk's X platform.
This 'pure donald trump concept stock' tripled in October.
As the USA election day approaches, investors especially retail investors are betting heavily on Trump winning, Trump Media Company triggered trading halts five times in intraday trading on Tuesday, with the stock price soaring 220% this month.
Taking a big gamble on the USA election! Overseas political gambling markets are thriving like never before, with the mainstream prediction platforms soaring in popularity.
1. The US presidential election has turned into a large-scale gambling event, and the gambling market has experienced unprecedented prosperity; 2. Some prediction platforms that allow users to bet on politics, such as Polymarket and Kalshi, have seen explosive growth in popularity; 3. In October, the betting amount on the Polymarket website was close to 2 billion US dollars, about four times the 0.533 billion US dollars in September.
Futu Morning Post | Global asset frenzy! Nasdaq, gold hit record highs, bitcoin nearing historical highs; Cloud business strong growth! Google up nearly 6% after hours.
Da Ma: US stocks have not fully priced in a Trump victory; The "fear index" VIX has turned net long for the first time since 2018; AMD fell more than 7% after-hours, fourth-quarter revenue outlook fell short of analyst's expectations.
Gold price continues to break historical records! Employment data ignites enthusiasm, adding another fire to the Trump trade.
Caixin News October 30th (Editor Zhao Hao) On Tuesday (October 29th), in the morning trading of the New York market, the spot gold price rose significantly, once breaking through the $2770 level, reaching a high of $2771.81 per ounce, continuing to hit a new record high. As of the time of writing, the spot gold daily chart shows a slight pullback to $2766 per ounce, with an intraday increase of over $20 or 0.8%, poised to record the fourth straight daily increase. At the same time, the continuous price of gold futures also briefly refreshed to $2784, currently at $2778 per ounce. Analysts believe that investors are focusing on macroeconomic data in the usa.
Trading volume TOP 20 | Surging non-stop! Trump Media Technology Group surged nearly 9%, rebounding nearly 340% from the September low point.
Nvidia topped the list of trading volume on Tuesday in the US stock market, closing up 0.52% with a turnover of $22.169 billion. Tesla, ranking second, fell 1.14% with a turnover of $20.863 billion. AMD, in third place, rose by 3.96%, with a turnover of $11.67 billion, however, its stock price fell by over 7% after hours.
U.S. stocks close | The three major indexes are mixed, with the Nasdaq hitting a new high for the fourth consecutive rise; chip stocks are strong, AMD closed up 4% but fell over 7% after hours due to poor guidance; cryptos concept stocks are rising.
The USA economy is mixed, with consumer confidence increasing but job vacancies hitting a three-and-a-half-year low. The Dow Jones and small cap stocks fell, while the S&P and Nasdaq turned higher. The chip index rose by more than 2%, while the Chinese concept index turned down by over 1%. Trump's media fluctuations have repeatedly caused trading to be suspended.
Truth Social Parent Company Trump Media Now Worth More Than Elon Musk's X as Election Day Nears
Market Expert Makes 2024 Election Prediction: Did 'World's Most Accurate Economist' Pick Harris Or Trump To Win?
US stocks closed: Nasdaq rose for the fourth consecutive time to a new high. The seven giants and chip stocks strengthened overall.
①Nasdaq China Golden Dragon Index fell by 1.44%; ②Google's quarterly revenue and EPS both exceeded expectations; ③Musk: It is expected that the number of robots will exceed humans by 2040; ④OpenAI reportedly plans to collaborate with Broadcom and Taiwan Semiconductor to jointly develop self-designed chips.
'Trump Trade' Heats Up as Presidential Election Nears: Stocks to Watch
U.S. Supreme Court Declines Bid By Former Independent Presidential Candidate And Trump Backer Robert F. Kennedy Jr To Remove Name From Ballot In Wisconsin And Michigan
Trump Media & Technology Options Spot-On: On October 29th, 768.13K Contracts Were Traded, With 1.05 Million Open Interest
On October 29th ET, $Trump Media & Technology(DJT.US)$ had active options trading, with a total trading volume of 768.13K options for the day, of which put options accounted for 50.08% of the total
Trending Stocks Today | GlycoMimetics Surges 227.4%
October 29th - US stocks trending in regular trading hours.Gainers: $GlycoMimetics(GLYC.US)$ soars 227.4% to $0.55 with a turnover of $461.82 million. $BIO-key International(BKYI.US)$ shoots up 63.79%
Trump Media Rally Hits 330% as Polls Show Election in Dead Heat
Trump Media & Technology Up Over 13%, On Pace for Highest Close Since May -- Data Talk