Mid-term election is here! Will it be a reset catalyst for mega caps? Or increase further pressure?

Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions.‌

So the long waited US mid-term election is here. I saw in the news that Trump had already execute his sly scheme to make 40,000 votes in California invalid, which was blocked by the supreme court. Democratic is expected to regain majority control of the senate and congress, at this point its the margin of victory that is up for debate. And this proves that American citizens are finally sick and tired of this lunatic president and ready to wrestle some control away from him.

However, if that happens, strong momentum towards decentralizing finance and push for cypto frameworks might slow down or put to halt. So something to take note if your portfolio is heavily allocated into cryptocurrency. The median household income is decreasing, so this might be due to Trump policies of tariff war, igniting the war with Iran and basically creating enemies with the rest of the world.

I watched his last rally speech for the mid terms. He proudly said that petrol companies such as $Exxon Mobil(XOM)$, $Chevron(CVX)$ are banking in billion of dollars and boosting the economy. But I think the middle income American citizen finally realized that his agenda does not favor his income group at all, it just making himself and his compatriots richer. So America, this is your chance for redemption. Vote wisely.[Look back]

# Election Relief Meets Hormuz Risk — What Drives QQQ Next?

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  • GlennOngkk
    ·21:44
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    Thanks for the sharing.
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    • PawsAndProfits: 
      Thank u for reading my analysis!
      22:19
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  • Blinkfans
    ·21:41
    Paw
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