📈 Trump WINS

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Good Morning!

Donald Trump is set to become the next president of the United States. As of 7 a.m. EST, he has secured 277 electoral college votes, clinching victory in several key swing states. And so far, markets are soaring!

Grab your cappuccino and let's get into it! ☕️👇️

Markets

🟩 Dow, S&P, Nasdaq futures soar as Trump declared winner
U.S. stock futures surged as investors reacted to Donald Trump's presidential victory over Kamala Harris. By 7 a.m. ET, Nasdaq 100 and S&P 500 futures jumped roughly 1.5% and 2.1%, respectively, while Dow futures rose 2.8%.

Tesla shares spiked over 12%, following CEO Elon Musk's vocal support and significant donations to Trump's campaign. Meanwhile, Russell 2000 futures, reflecting small-cap stocks, climbed more than 5.6%.

10-year Treasury note futures saw gains too, up 16 basis points at 4.4%.

🪙 Bitcoin Hits New Record Above $75,000
Bitcoin prices hit a new all-time high Wednesday morning as early election results showed Donald Trump with an initial lead. The surge was driven by traders eager to capitalize on market momentum.

Trump has vowed to support the crypto industry, proposing crypto-friendly regulations to boost adoption and positioning the U.S. as "the crypto capital of the world."

📈 Elections Pass, Stocks March On
Here's the bottom line: when it comes to investing, these events don’t change the fundamentals.

From COVID-19 and Brexit to the Great Recession, 9/11, Black Monday, record inflation, Watergate, Vietnam, and countless U.S. presidents, the market has consistently trended upward over the long term. The true victor? The patient, long-term investor.

📊 DJT stock jumps as former president declares victory
Shares of Trump Media & Technology surged Wednesday morning after majority shareholder Donald Trump declared victory.

The stock leapt 44% to $48.78 in premarket trading, reflecting investor enthusiasm. Its performance has closely mirrored Trump’s standing in the polls leading up to the election.

Quick links

• Palantir shares close up 23% after strong third-quarter earnings.

• Polymarkets predicted a Trump victory very early, but here’s One thing the prediction markets missed

• Novo Nordisk’s shares shot higher after earnings, is it Europe’s best stock to buy?

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As Donald Trump reclaims the White House, based on Edison Research's projections, the U.S. dollar and stock market are expected to see gains, while bonds, emerging markets, and sectors like clean energy and sustainable investing may face challenges under a Republican presidency.

Currency Impact
A Trump administration is predicted to strengthen the U.S. dollar, driven by anticipated pro-growth policies and higher inflation expectations compared to what might have been seen under Kamala Harris. This could prompt the Federal Reserve to maintain elevated interest rates, bolstering the dollar's value.

Tariff Concerns
Trump’s proposed tariffs could squeeze profits for U.S. importing firms, potentially impacting both industrial and consumer sectors. Analysts Jeffrey Buchbinder and Adam Turnquist of LPL Financial warn that retaliatory measures, particularly from China, could further strain companies with significant overseas operations.

Independent analyst Tina Teng adds that a surging dollar, paired with Trump’s trade policies, could pressure China's economy, potentially softening global oil demand and driving up the cost of dollar-priced commodities for international buyers.

How about Bitcoin?
In the Republican platform, Donald Trump pledged to halt what he described as the Democrats’ “unlawful and unAmerican crypto crackdown.” He has also advocated for making Bitcoin “made in the USA,” which may signal plans for more favorable mining policies. Trump’s vice-presidential choice, JD Vance, has a track record of supporting crypto, having proposed draft legislation focused on the industry before joining Trump’s ticket.

Savvy Investors Know Where to Get Their News—Do You?

Here’s the truth: there is no magic formula when it comes to building wealth.

Much of the mainstream financial media is designed to drive traffic, not good decision-making. Whether it’s disingenuous headlines or relentless scare tactics used to generate clicks, modern business news was not built to serve individual investors.

Luckily, we have The Daily Upside. Created by Wall Street insiders and bankers, this fresh, insightful newsletter delivers valuable insights that go beyond the headlines.

And the best part? It’s completely free. Join 1M+ readers and subscribe today.

Our Recommendations:

💻️ MEXC - Where we find and trade Crypto with low fees.
📈 TradingView - Software we use to chart stocks.
🔐 Trezor - Our favorite hardware wallet to keep our Crypto secure.
🦑 Kraken - Where we buy crypto with cash / withdraw profit to our bank.

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