Trump Media & Technology Group (DJT) took a sharp tumble on Thursday, sliding nearly 23% after riding a wave of enthusiasm when Donald Trump clinched his victory over Kamala Harris. The dip doesn’t change the bigger picture: DJT, the stock behind Trump’s platform Truth Social, has been moving on the sheer excitement of Trump’s return to the White House. It’s no surprise that the stock, like anything with Trump’s name on it, attracts both die-hard supporters and the kind of speculators who trade on momentary fluctuations.

Over the past week, DJT’s performance has been a rollercoaster. The stock dropped 21% in five days, but don’t forget it’s still up 50% in the past month as Trump’s momentum built. According to Matthew Tuttle, CEO of Tuttle Capital Management, this action was typical of a “buy the rumor, sell the fact” trading strategy. He anticipated the post-victory dip, adding, “The day after him winning, you’d see this come down.” But long-term investors and Trump fans alike know better than to get swayed by a temporary dip.

Steve Sosnick of Interactive Brokers hit the nail on the head when he described DJT as having a “meme-stock life of its own.” Anyone familiar with the stock market’s recent obsession with meme stocks will understand — DJT’s movements aren’t always grounded in the company’s fundamentals. Instead, it’s a stock that trades on the strength of Trump’s vision for an alternative media and tech platform outside the Big Tech bubble.

Yes, Trump Media reported a net loss of $19.25 million for Q3, a slight improvement from last year’s $26.03 million loss. And yes, revenue fell a bit to $1.01 million for the quarter. But no one supporting Trump is exactly looking to mainstream financials for validation. Truth Social is in its own category, much like the way Trump shook up the political scene.

Let’s be honest, Truth Social was never about outpacing Facebook or Twitter on earnings reports. It’s about creating a space free from Silicon Valley’s grip, where conservatives won’t be silenced. Trump maintains around a 60% stake in DJT, with a current share price at $31 giving his interest an estimated worth of $4 billion — not too shabby for a platform that critics said would never get off the ground.

While the usual suspects might sneer, Trump’s win sends a loud message: people want their voice back, and they’re willing to put their money where their mouth is. So, yes, DJT might swing up and down, but it’s got Trump’s backing and a mission rooted in conservative values. That’s a foundation you can bank on.

U.S. stocks have shown impressive gains as investors take in the news of Donald Trump’s recent election win. The markets are reflecting the optimism that Trump’s return to office brings for Wall Street, thanks to his pro-business policies. The S&P 500 has surged by 0.6%, and the tech-heavy Nasdaq Composite leaped over 1.3% as tech giants like Nvidia and Amazon continue to climb, clearly thriving under the promise of Trump’s economic approach. Meanwhile, the Dow Jones remains steady, having seen a 1,500-point rally in the wake of Trump’s victory—its best performance since 2022.

What’s fueling this excitement? Trump’s agenda, of course. Investors are banking on the boost to the economy that his proposals for corporate tax cuts and deregulatory policies will bring. There’s no denying it: Trump’s economic strategies are a far cry from the Democratic playbook of higher taxes and tighter regulations. It turns out that Wall Street loves a president who actually understands business.

Later today, all eyes will turn to the Federal Reserve’s decision on interest rates. Investors are almost certain a 25 basis point rate cut is coming, but the real interest lies in Fed Chair Jerome Powell’s outlook on future policies. With Trump in the White House, the Fed may lean towards maintaining higher rates for longer. This keeps inflation in check and allows Trump’s tax cuts and deregulation to fully impact businesses and the average American—something the Left has been unable to accomplish.

On the corporate side, some interesting moves are happening. Chip designer Arm Holdings disappointed investors with a revenue forecast that didn’t meet Wall Street’s expectations for rapid AI growth. But Qualcomm, a key player in the same industry, saw shares jump over 4% after its earnings report exceeded projections. In short, companies with solid, competitive strategies are ready to make the most of Trump’s business-friendly climate.

Interestingly, Trump Media & Technology Group, home to Truth Social, took a small dip, with shares pulling back after the initial election spike. It’s likely just a breather, as the platform sees renewed relevance with Trump back in the Oval Office, where his policies will undoubtedly foster an environment favoring free speech and innovation—qualities left-leaning tech platforms could learn from.

Trump’s election win is set to turn the economy around, supporting American businesses instead of burdening them. This victory means a return to policies that elevate economic growth, job creation, and wealth for the average citizen—values that Democrats seem to have forgotten. America is ready for a revitalized economy, and Wall Street seems to know it.

Breathe a sigh of relief patriots, and pat yourself on the back. We did it.

In a historic election that will echo through generations, Donald Trump has won the 2024 election, reclaiming the White House and bringing a massive victory for those who believe in America’s potential to be strong, free, and prosperous. This win isn’t just a comeback—it’s a reaffirmation that the core values of freedom, accountability, and unshakable patriotism are alive and well. And let’s be clear, this triumph would not have happened without the millions of steadfast supporters across the nation. Every person who showed up, who ignored the media’s spin, and who refused to be swayed by empty promises has played a part in securing a brighter future.

With Trump back at the helm, it’s out with the weak leadership and in with the strength America deserves. Those who’d grown weary of Democratic “solutions” to American problems—solutions that somehow always involve more taxes, more red tape, and more control—can finally breathe a sigh of relief. The people have made it clear: America values independence, not dependence. Trump’s win is a resounding rejection of Kamala Harris’ flimsy campaign, which relied on hollow buzzwords and worn-out progressive slogans. This is a reminder that the American people can’t be swayed by superficial campaigns, no matter how many Hollywood endorsements or media allies Harris managed to muster.

This victory goes beyond party lines; it’s a return to real policies over pandering. Trump’s America will see a restoration of border security, tax relief, energy independence, and job growth. Imagine the gains for American industry and small businesses freed from the stranglehold of bloated bureaucracy and regulation. With Trump’s promise to protect the Second Amendment, expect a surge of American pride and strength—a return to personal freedoms that had been under attack. The signal is loud and clear: Americans aren’t interested in the globalist, “woke” vision of society that leaves borders unguarded, communities unsafe, and values upside down.

Notably, Trump’s victory also sends a strong message abroad. America is back and ready to lead again. Trump’s firm stance on national security will ensure that the country is prepared to meet any international challenge, while rebuilding alliances based on respect and mutual interests, not capitulation and apologies.

So here’s to the citizens who stood firm, who refused to buy into the media’s defeatist narrative, and who took action to bring back a leader who believes in the strength of the American people. This win is proof that America’s heart beats with resilience and hope. With Trump back in office, America is once again on a path to greatness—and it’s all because patriots across this land made their voices heard.

What goes around comes around, and this time MSM was forced to bite the bullet hard to meet it’s ‘fair time’ standards.

NBC was forced to air Donald Trump’s election ad during the NASCAR Xfinity 500 and an NFL game on Sunday night in a striking reminder of what’s at stake as Election Day looms. The ad, which opens with Trump sporting his iconic “Make America Great Again” hat, doesn’t mince words. Trump warns that electing Kamala Harris would be catastrophic for America, claiming her policies would drag the country into a depression. He calls on Americans to cast their votes, declaring, “We’re losing everything, including viability. We’re going to end up in a depression based on what’s been happening. We’ve never seen anything like it, at least in the last 40 years.”

This ad seems to be a direct response to Harris’s appearance on “Saturday Night Live,” and, predictably, it has sparked controversy. NBC faced immediate backlash for hosting the vice president on the last “SNL” episode before the election. This led to an uproar over whether NBC, as a broadcast network, was obligated to give Trump or other GOP candidates equal airtime to balance the apparent political spotlight Harris received on a national platform.

The Federal Communications Commission (FCC) quickly became involved, with FCC Commissioner Brendan Carr, a Republican, calling out NBC and SNL. Carr criticized NBC’s move, emphasizing that networks hold federal licenses that require them to act in the public’s interest—not as cheerleaders for specific candidates. “This has all the appearances of, at least some leadership at NBC, at SNL, making clear that they wanted to weigh-in in favor of one candidate before the election,” Carr said, explaining the importance of the equal-time rule in maintaining fairness in media coverage during elections.

NBC on Sunday had to air an ad for President Trump during NASCAR’s post-race show per FCC mandate to give equal airtime to his campaign after SNL had Kamala Harris on Saturday.

Trump’s message is clear, Kamala broke America, he’ll fix it.

“Go and vote!”pic.twitter.com/7hxB3A0Sw2

— Paul A. Szypula 🇺🇸 (@Bubblebathgirl) November 4, 2024

According to Carr, NBC’s filing with the FCC on Sunday night confirmed that Harris’s SNL appearance would be considered a “free use” of NBC’s platform, thereby triggering the equal-time rule. While the specifics of how much airtime Trump and other candidates would receive remain unclear, NBC’s hand has been forced. The network must now offer Trump a comparable opportunity to reach viewers—essentially a win for fairness, even if it had to be dragged out of them.

Harris’s SNL cameo wasn’t exactly a profound political statement. She was there for a short 90-second skit, but that didn’t stop the left from celebrating it like a policy masterpiece. Yet this one-sided media bias is nothing new. Democrats have long enjoyed cozy relationships with Hollywood and mainstream networks. In fact, the very existence of the equal-time rule, which dates back to 1934, underscores the need to prevent media outlets from openly stumping for their favorite candidates.

Once again, Trump’s campaign capitalized on the situation, strategically placing a powerful ad to counter Harris’s SNL appearance. It’s a clever move, and it highlights just how effective Trump is at playing their game. While Democrats are busy hobnobbing with Hollywood elites, Trump remains focused on speaking directly to the people. And it’s that kind of approach that sets him apart from the typical establishment politician—keeping the focus on the issues that matter to ordinary Americans, like jobs, economic stability, and national security.

The message from Wall Street is clear: buckle up, because the 2024 election is shaping up to be a wild ride. With the S&P 500 rallying by an impressive 20% year-to-date, it’s the best Election Year performance through October since 1936. But that streak could hit some turbulence as the race tightens and market players brace for what’s expected to be a nail-biter of a presidential election. The question on everyone’s mind: what would a Trump vs. Harris presidency mean for business and investors?

With predictions markets currently showing a 59.5% chance of a Trump victory, a wave of “Trump trades” is already surging back. This anticipation alone has seen Treasuries dip and gold prices soar, as investors hedge their bets on Trump’s familiar policies—tariffs, tax cuts, and deregulation—which some fear could spur inflation. “The key for markets will be certainty in the outcome from which to understand economic impacts and evaluate implications for the trend of economic growth and evaluation of sector winners and losers,” noted Rob Haworth, senior investment strategist at US Bank Wealth Management. Let’s break down what each side could mean for Wall Street.

Trump Trades: Financials, Gold, Managed-Care Insurers

Under a Trump presidency, financial stocks are expected to soar as Trump’s push for deregulation would reduce barriers for mergers and acquisitions. Biden’s 2021 executive order tightened scrutiny on M&A, stifling deal activity, but a Trump administration could open the floodgates. According to Christopher Wolfe from Fitch Ratings, “Approval times have increased markedly,” which has made many deals “non-viable.” By contrast, a Red sweep would likely bring a looser regulatory environment, reduced costs, and potentially huge capital returns for financials. Kurt Reiman of UBS calls this “a key beneficiary” scenario, where financial giants could operate more freely.

Gold is another major player in the Trump portfolio. With Washington’s spending spree running unchecked, gold prices have rocketed, closing last week at $2,734.44 an ounce, a staggering 34% increase this year. Wealth Alliance President Eric Diton points to the $35 trillion debt looming over the nation, “We just don’t have a plan to deal with it… I haven’t heard any talk about any kind of reduction in spending from either candidate.” Yet with Trump, markets see the writing on the wall: if inflation spikes, so does gold.

Managed-care insurers, too, have much to gain. Republicans have long backed privatized health care models like Medicare Advantage, which could be a windfall for companies like Humana, UnitedHealth, and CVS. As Michael Wiederhorn from Oppenheimer notes, a Trump administration would likely “support strong rate increases and a favorable regulatory environment” for Medicare Advantage providers.

Harris Trades: EVs, Homebuilders, Discount Retailers

On the other hand, Kamala Harris’s agenda favors electric vehicles (EVs), homebuilders, and discount retailers. A Harris administration is expected to stick with Biden’s aggressive EV goals, including the $7,500 tax credit for new EVs. Analysts see this as a win for auto giants like GM, Ford, and Tesla, with Wedbush’s Dan Ives calling it “a positive for the EV industry broadly.” As for homebuilders, Harris has pledged to make housing affordability a priority, aiming to build three million new units. D.R. Horton, one of the industry’s biggest players, stands to benefit from Harris’s plans, which could boost entry-level housing demand.

In the retail sector, Harris’s focus on social programs would likely fuel growth in off-price retailers like Burlington and Ross. Evercore’s Michael Binetti explains that “a blue sweep would likely benefit the lowest-income consumers,” positioning Burlington Stores as a top performer. With inflation tightening household budgets, discount retailers have enjoyed strong growth, and a Harris administration could extend that trend.

Conclusion

With Election Day here, Wall Street is bracing for market jitters, and each candidate offers a drastically different path forward. A Trump administration signals a return to deregulation, tax cuts, and financial freedom, while Harris would double down on government intervention, pushing social programs and green energy. Wall Street may be jittery, but one thing’s for sure: a Trump presidency spells opportunity for financial markets, gold investors, and insurers looking for relief from bureaucratic red tape.

Americans have a clear choice here: they can vote for the party that believes in unleashing economic growth, or they can stick with a government-heavy approach that leaves more red tape than real progress. Trump’s policies offer a path to prosperity that empowers individuals, businesses, and investors alike. As the markets are already predicting, when it comes to financial freedom and economic opportunity, it’s clear which candidate has the right answers.

Jamie Dimon, JPMorgan Chase’s big shot CEO, just threw down a wake-up call that would make even the most laid-back lefty’s hair stand on end. According to Dimon, we’re not waiting for World War III to start—it’s already happening. At the Institute of International Finance, Dimon told the room what anyone paying attention already knows: wars in Ukraine and the Middle East are creating a global crisis that rivals the nightmare of the last two World Wars. This isn’t something that might happen “down the line” or “in a few decades.” Dimon argues that we’re watching history repeat itself, with battle lines drawn and “an evil axis” in place, as Russia, North Korea, and Iran join forces with China to take a swing at our allies and institutions like NATO.

Dimon is sounding the alarm, urging America to cut the naivety and take action, because hoping things will just “work out” is pure fantasy. “What we should be thinking about is we can’t take the chance this will resolve itself,” Dimon said. He warned that the stakes are so high it’s keeping him up at night, with scenarios so grim they’re not even fit for public discussion. And if the reality of nuclear threats from Putin doesn’t terrify the peace-and-love crowd, it absolutely should. Dimon painted a stark picture of the danger, pointing out that nuclear weapons could soon be a horrifying reality in major cities across the globe.

We’ve seen how liberals love to stick their heads in the sand, talking endlessly about “climate change” and “equity” while ignoring the most pressing global threats. But Dimon says it’s time for “clarity” and to “subordinate” the lesser issues, which is just a polite way of saying we need to stop messing around and focus on keeping our cities safe. While Democrats are busy with slogans and empty promises, it’s clear America needs strong, decisive leadership to handle these real threats, not more pandering.

With Russia, Iran, North Korea, and China forming a true “evil axis,” America must wake up and get serious about the reality of nuclear threats and growing global instability. The naïve approach to foreign policy and the endless hand-wringing by Democrats just aren’t cutting it. If there was ever a time to prioritize safety and security over political games, it’s now. We need strong, conservative leadership willing to put America first and safeguard both our future, and the world’s.

So here we go again. Instead of Election Day, get ready for Election Week…or more like Election Month. It’s looking more and more likely that this year’s election will have us all in limbo long after the votes are in, just like we’ve seen in 2020 and, way back, in 2000. Only this time, the stakes are even higher, and everyone knows it. Wall Street, for one, isn’t thrilled about the “counting marathon” that might hit us November 5.

Ed Clissold, a big-name U.S. equity strategist at Ned Davis Research, is already warning investors to brace themselves. According to him, the markets don’t exactly love all the uncertainty that comes with contested elections. “The market has generally declined amid the political uncertainty, but not in every case,” he says. Some years, he argues, the economic outlook outweighs the chaos. So basically, he’s saying there’s no way of knowing if the market will stay strong, crash, or do anything in between. In other words, it’s a crapshoot.

Then there’s David Rosenberg, a financial economist who took to social media to remind everyone of the chaos that erupted in 2000, when Bush vs. Gore took an entire month and a Supreme Court intervention to resolve. Rosenberg expects the same thing this year—only worse. “This will be the mother of all contested elections,” he warns, expecting recounts, legal fights, and probably a few sleepless nights for investors.

Even more entertaining, Chris Krueger from TD Cowen is calling it “election winter,” saying that unless someone wins in a true landslide, we’ll be swimming in recounts and late-arriving ballots until mid-December. And honestly, why shouldn’t we be surprised? The Democrats have spent the last four years fine-tuning “protocols” in places like Arizona, Georgia, and Nevada. So sure, maybe the vote-counting will be faster. But given the close races and tight polling, there’s no telling when we’ll get the final result.

Then there’s Henrietta Treyz from Veda Partners, the optimist who thinks this year might look more like 2016 than 2020. She says the last few years of lawsuits, recounts, and election “overhauls” will help us get the results faster. But here’s the thing: We’re not buying it. When you have the left changing the rules as they go and claiming “democracy,” it’s hard to imagine a clean, straightforward election night. The left’s obsession with vote-counting “overhauls” just means we’re likely to see new twists in their endless election games.

America’s elections have become an endless marathon, where Election Day no longer means anything. Thanks to endless rule changes, recounts, and delays from the left, what should be a one-day event turns into weeks of chaos. But we know that America is fed up with the left’s games, and this year, the voters are ready to make a statement. Either way, the savvy investor needs to brace themselves for the rocky weeks ahead.

Let’s get one thing clear: relying on Social Security for a comfortable retirement is a losing game. The system wasn’t designed to fully support anyone, and what’s worse, it’s on shaky financial ground. With average monthly benefits at around $1,922, retirees are scraping by, and this isn’t the retirement America’s hard workers should expect.

Here’s why Social Security alone won’t cut it, and why building your own income streams with smart investments is the way forward.
1. Social Security Benefits Are Barely Enough for Basics
A typical Social Security check amounts to just under $23,000 annually — hardly a sum that offers financial security, let alone comfort. For most retirees, it falls well short of meeting basic living expenses, which is why it’s time to face the truth: expecting Social Security to be your financial backbone will leave you hanging. Want a reality check? Take a look at your personal benefits estimate on the Social Security Administration (SSA) website. Most of us will see a number that isn’t exactly what we’d call “retirement ready.”

2. Cost-of-Living Adjustments (COLAs) Fall Short
Social Security’s yearly COLAs are supposed to help retirees keep pace with inflation, but they’re based on a measure that doesn’t really account for retirees’ expenses. Instead of tracking the costs that impact seniors the most — like healthcare — the current system is based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), which fails to consider retirees’ unique financial burdens. This bureaucratic blind spot results in adjustments that don’t reflect reality.

3. The Future of Social Security Is Uncertain
The clock is ticking on Social Security’s solvency. With outflows overtaking inflows, the program is heading toward a crisis. By 2035, it’s estimated that beneficiaries might only receive 83% of their entitled benefits unless Congress steps in. But counting on the government to fix Social Security in time? Let’s just say I wouldn’t bank on it.

The Solution: Build Your Own Income Streams
If you want financial freedom in retirement, you’re going to need more than just Social Security. Dividend-paying stocks are a great place to start. They offer reliable income, and with the right picks, your money can grow. Here are three solid stocks that yield high dividends right now:

Western Union
This company may have seen some setbacks, but its dividend yield is sitting pretty at 8.4%. Western Union has been around forever and is working on a comeback. The high yield could make it worthwhile, especially for income-focused investors.

Pfizer
Yes, Pfizer’s stock is down from its pandemic highs, but the pharma giant is more than just a COVID-19 play. With over 110 drugs in development and a recent acquisition of Seagen, Pfizer’s dividend yield of 5.9% is strong and the company’s pipeline looks promising.

Verizon Communications
Verizon might not be a growth rocket, but with a solid 6.6% dividend yield, it’s a strong bet for stable returns. Its expansion into 5G and fiber optic networks could add revenue in the long term, making it a decent option for retirees looking for consistent income.

And if picking individual stocks isn’t for you, there are ETFs like Schwab U.S. Dividend Equity ETF, iShares Core Dividend Growth ETF, and Vanguard Dividend Appreciation ETF that can provide diversified exposure to dividend-paying stocks.

The writing’s on the wall: Social Security isn’t enough, and it’s not getting any better. Real financial security in retirement will come from building independent income streams, and dividend-paying stocks offer a practical, sustainable solution. Unlike the promises of bureaucrats, these investments give you control over your financial future.

Spouses of retirees who are eligible for Social Security benefits may also receive benefits through their partner’s earnings. This spousal benefit helps those who may not qualify for Social Security independently but have a partner who meets the criteria. In September, nearly 1.9 million individuals received this benefit, with average annual payouts totaling around $10,908. Here are some essential points about spousal benefits.

1. Qualification and Benefit Amount
The spousal benefit is available to individuals married to someone who qualifies for Social Security. Generally, to qualify independently, a worker must accumulate at least 40 credits (approximately ten years of work). However, those married to a qualified worker can claim spousal benefits starting at age 62, with early claims reducing the benefit amount. At full retirement age (FRA), typically 67, a spouse can receive up to 50% of their partner’s benefit.

2. Eligibility Even with Work History
A spouse with their own work record can still benefit from the spousal benefit if it exceeds their own Social Security amount. This process is called “deemed filing.” For instance, if your retirement benefit is $750 but your spousal benefit is $1,000, Social Security will pay $750 from your account and add $250 to match the spousal amount.

3. Divorce and Spousal Benefits
A divorced spouse can receive benefits if the marriage lasted at least ten years, provided they remain single. If the former spouse remarries, they can still receive spousal benefits if eligible.

The Social Security spousal benefit highlights the importance of policies that uphold traditional family structures and support spouses in retirement. That’s it’s paramount that we preserve Social Security for future generations, underscoring the importance of policies that enable financial stability for retirees and their spouses. Policies that candidates like President Trump make a priority, unlike his Democratic opponent. Be sure to go out and vote to Make America Great Again!

The upcoming U.S. jobs report, expected to release on November 1, might present a distorted view of the employment market due to unusual factors in October. These include a large-scale strike at Boeing and two powerful hurricanes that disrupted economic activities in the Southeast. Economists warn that these factors could create volatility in the report, complicating efforts to analyze the labor market accurately. Federal Reserve members, including Christopher Waller and Mary Daly, caution that the report may temporarily reflect fewer jobs, with Waller estimating a possible impact of up to 100,000 jobs.

Strikes often lead to complex reporting because affected workers may not be counted as unemployed, which further skews employment numbers. The ongoing Boeing strike involves around 33,000 workers across several states, which alone could influence the net job growth for October. Additionally, hurricanes Helene and Milton caused significant business shutdowns and damage across Appalachia and Florida, potentially affecting regional employment temporarily.

Fed officials have also noted the current “inflection point” in the U.S. economy, with data showing more economic resilience than anticipated. San Francisco Fed President, Mary Daly emphasized that singular monthly reports can be misleading and that ongoing economic trends are often more accurate indicators. Lead economist Kayla Bruun from Morning Consult adds that recent positive data on inflation has slightly reduced pressure on the October report, though volatility in employment figures remains closely monitored.

This report’s anticipated anomalies further highlight the importance of balancing economic policy with practical impacts on the labor market. Unpredictable events like strikes and natural disasters reveal the importance of robust domestic policy that strengthens economic stability without excessive reliance on restrictive measures from the Federal Reserve. This approach, which will only come from electing a President like Donald Trump, fosters resilience against both market volatility and natural disruptions.