Trump
Election Season in full swing
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Last Two Weeks: IWM +$130k overall, TSLA +20k, and CAT +16k
Challenge Account: $2k to 4.2k with IWM and CAT
Relevant Topics, News, and Data:
Trump nearly is killed at a rally
FOMC speakers all week
Powell Speaks Monday
Retail Sales Tuesday
Housing Starts Wednesday
Philly Fed Manuf. Thursday
There will be attention on how the situation of Trump continuing to gain momentum as the election gets closer. It really looks like he is going to pull it off and win. I still think the market front runs his win in November, but I could be wrong. With or without the election, my 2024 view is still on track as the 4 year market cycle is playing out.
It would be awesome to see Housing Starts tick up and show some relative strength in the housing market….there is no recession without a housing recession.
Powell’s Discussion this week looks like a non-event. The FOMC speakers will move the market more.