Bright and dark at the U.S. presidential debate? Riding the rising trend of Harris trade, accelerating the rollback of Trump trade.
The 2024 U.S. presidential candidate debate was held as scheduled on September 10th at 21:00 local time.In this debate, Democratic candidate Kamala Harris, the vice president, faced off against Republican candidate Donald Trump, the former president.After the presidential debate, American singer Taylor Swift took to social media to express her support for Vice President Kamala Harris.
Swift praised Harris' policies on LGBTQ rights and abortion, and described her as a talented leader with a proven track record.
According to analysts, the key differences between "Trump trade" and "Harris trade" may lie in their impact on inflation and the industry. If Harris wins the election, her policies may have a relatively smaller impact on U.S. inflation compared to Trump, which could benefit consumer-related stocks and renewable energy stocks.
On September 11th, photovoltaic technology and other renewable energy sources were represented."Haritrade" showed strong movement. On the other hand, lithium-related stocks soared, and in addition to rumors of production cuts, lithium stocks were also part of Haritrade.Related stocks
Related stocks $Array Technologies (ARRY.US)$、 $First Solar (FSLR.US)$、 $Canadian Solar (CSIQ.US)$、 $Sunrun (RUN.US)$、 $Shoals Technologies (SHLS.US)$、 $The AES Corp (AES.US)$、 $SolarEdge Technologies (SEDG.US)$、 $Daqo New Energy (DQ.US)$、 $Enphase Energy (ENPH.US)$、 $KLA Corp (KLAC.US)$など
Related stocks $Array Technologies (ARRY.US)$、 $First Solar (FSLR.US)$、 $Canadian Solar (CSIQ.US)$、 $Sunrun (RUN.US)$、 $Shoals Technologies (SHLS.US)$、 $The AES Corp (AES.US)$、 $SolarEdge Technologies (SEDG.US)$、 $Daqo New Energy (DQ.US)$、 $Enphase Energy (ENPH.US)$、 $KLA Corp (KLAC.US)$など
On the other hand,"Trump trade"SMM Cello Verde Netherlands. $Trump Media & Technology (DJT.US)$Energy stocks and others did not perform relatively well on the 11th.
Related stocks $Phunware (PHUN.US)$、 $Humana (HUM.US)$、 $Rumble (RUM.US)$、 $Riot Platforms (RIOT.US)$、 $UnitedHealth (UNH.US)$、 $Occidental Petroleum (OXY.US)$、 $ConocoPhillips (COP.US)$、 $Nucor (NUE.US)$、 $Exxon Mobil (XOM.US)$
Related stocks $Phunware (PHUN.US)$、 $Humana (HUM.US)$、 $Rumble (RUM.US)$、 $Riot Platforms (RIOT.US)$、 $UnitedHealth (UNH.US)$、 $Occidental Petroleum (OXY.US)$、 $ConocoPhillips (COP.US)$、 $Nucor (NUE.US)$、 $Exxon Mobil (XOM.US)$
Just before the debate, the gap in the US presidential election support rates rapidly narrowed - will it affect the outcome of the election?
Looking at the overall trend of the election, after the "honeymoon period" for Ms. Harris that started in early August, incidents such as the independent candidate Robert F. Kennedy supporting Trump candidate occurred in late August. Trump's support rate rose and the gap between the two gradually narrowed. The 1.9% gap on September 2nd narrowed to 1.1% on September 11th, just before the first debate. Looking at the opinion polls before the first debate of the past two elections (in 2016, Hillary Clinton led Trump by 9.6%, and in 2020, Biden led Trump by 7.1%), the gap between the two this time just before the first debate is only 1.1 points.The performance of this debate may have a significant impact on voting tendencies.So it is said.
Looking at the overall trend of the election, after the "honeymoon period" for Ms. Harris that started in early August, incidents such as the independent candidate Robert F. Kennedy supporting Trump candidate occurred in late August. Trump's support rate rose and the gap between the two gradually narrowed. The 1.9% gap on September 2nd narrowed to 1.1% on September 11th, just before the first debate. Looking at the opinion polls before the first debate of the past two elections (in 2016, Hillary Clinton led Trump by 9.6%, and in 2020, Biden led Trump by 7.1%), the gap between the two this time just before the first debate is only 1.1 points.The performance of this debate may have a significant impact on voting tendencies.So it is said.
The market's direction depends on the results of the debate. Will it be 'Trump trade' or 'Harris trade'?
According to analysts, following the shooting incident involving former President Trump in July, a temporary 'Trump trade 2.0' was initiated, but it ended in late July, and 'Harris trade' has not yet begun. The outcome of this debate will determine whether the market will return to 'Trump trade' or transition to 'Harris trade' next.
According to analysts, following the shooting incident involving former President Trump in July, a temporary 'Trump trade 2.0' was initiated, but it ended in late July, and 'Harris trade' has not yet begun. The outcome of this debate will determine whether the market will return to 'Trump trade' or transition to 'Harris trade' next.
During the debate, there were no major changes in the policy stance of both sides. They continue to debate on issues such as artificial pregnancy termination, immigration, and war.
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In the Trump vs. Harris TV debate, Harris said that the 'opportunity economy' supports Americans who have concerns about the economy and criticized Trump's tax cuts.
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In the Trump vs. Harris TV debate, Harris said that the 'opportunity economy' supports Americans who have concerns about the economy and criticized Trump's tax cuts.
According to a CNN/SSRS public opinion survey conducted before and after the debate, among the viewers of the debate, the percentage of people who viewed Trump favorably decreased from 41% before the debate to 39% after. Harris, on the other hand, increased from 39% to 45% in the same survey.
In addition, US media CNN conducted an emergency opinion poll on the US presidential candidates' debate held on the 11th. 63% answered that Harris won, and 37% answered that Trump won.
Which stocks are likely to benefit if Harris wins?
Which stocks are likely to benefit if Trump wins?
For details, please refer to"Trump vs Harris First Showdown! Active trading expected with the election already factored in. Which stocks are likely to have a tailwind?"Check it out >>
It is believed that statements related to future employment statistics and election campaigns can influence the outcome of the presidential election.
Vasu Menon, Managing Director of Overseas Chinese Bank, Investment Strategy, said that the economic indicators in the next few weeks, especially the employment statistics, and the statements in the election campaign towards November 5th, will determine the final result.
Source: DowJones, MINKABU, CNN, moomoo
This article is partially translated using auto-translation.
moomoo News - Zoe
This article is partially translated using auto-translation.
moomoo News - Zoe
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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