The key to winning the US presidential election lies in winning Pennsylvania.
As the most important market event this week, the US presidential election counting is set to begin on the night of November 5th (morning of November 6th in Japan). It is expected to take several days from election day to reach the winning line (270 electoral votes).
Yesterday, on November 4th, the final day of the election campaign, Democratic Vice President Kamala Harris and former Republican President Donald Trump held election rallies focusing on the swing state of Pennsylvania, considered to be the most crucial state.
Behind the scenes of the US presidential election,the 'Electoral College system'is in place. Electoral votes are allocated to each state based on its population, and the candidate with the most votes within the state wins all of that state's electoral votes. Pennsylvania, in particular, has a significant number of electoral votes allocated, so the outcome in this state is believed to significantly influence the overall election results. Indeed,"He who controls Pennsylvania controls the country."It's safe to say.
By the way, no matter who becomes the president,Presidential election anomaliesoccur. Please refer to the following link for details.
There are various anomalies (regularities and trends) in the American stock market, which investors sometimes use as hints to predict market trends.
Anomalies born from presidential elections have occurred many times in the past, and have become established as empirical rules. To easily grasp the market trends, we have compiled "Donald Trump-related stocks" and "Kamala Harris-related stocks", which are more likely to benefit from the policies of the Democratic Party and the Republican Party, so please take a look.
In the "Trump Trade".
The range is very wide, with energy and health care stocks being the main targets. In addition, the strengthening of the dollar and the rise in bond yields due to Republican policies may also benefit the financial sector and virtual currency-related stocks. Additionally, there is a high level of interest in companies that have clearly expressed support for Donald Trump, such as Elon Musk's company.@TeslaIt also seems highly noteworthy.
"Harris Trade" refers to investment strategies that reflect the impact of Vice President Kamala Harris's policies and supported sectors on the stock market.
Harris's policies mainly focus on eco-friendly concepts, renewable energy, and social justice, and it is believed that related stocks will benefit. Additionally, advocating for tax cuts for low- to middle-income earners and supporting the legalization of marijuana.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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つくし : Let's not have any expectations! I just hope the negatives will decrease a little! That's all I think about!
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