Election Night in the USA!

Here's what you need to know heading into the most polarizing day of the year..

2024 has been our strongest year yet… but it’s not over.

As always, the market is looking forward—pricing in events well ahead of time, beyond today’s election and into 2025.

Tomorrow, we’re hosting our LIVE monthly market review, diving into the post-election outlook. We’ll reveal the sectors and stocks we’re buying now—and just as importantly, the ones we’re selling.

This exclusive session is reserved for Premium Members of The Trading Initiative. Sign up risk-free to join the live webinar and get detailed insights on each trade idea.

The election is here. Get the trades now.

If you know anything about me it’s that I don’t let anything other than price dictate how I navigate through the market.

It’s one of the reasons thousands of people listen to what I have to say every day.

That means my political opinion has zero sway over how I manage my money in the markets.

And the historical data supports that decision.

You can look at it yourself:

Over the last four presidential terms, the S&P 500 has closed higher by the end of each term.

At the behest of everyone who has enjoyed wasting time arguing about politics online, the market tends to do well under both parties.

So no matter how you feel about the next President, the key question is: Are we buying stocks, selling stocks, or staying on the sidelines?

And that’s the type of question our readers want an answer to.

Earlier this week we outlined our bullish thesis through the elections.

As downside hedges continued to pile on and bulls abandoned their positions, we were left with the most amount of bears in the market since May heading into today.

The S&P 500 is less than 1.5% away from all-time highs! What are people so afraid of?

Check out the results of the latest AAII Investor Survey:

Look how many bears have creeped up over the last few weeks!

If the bears don’t get the move they are expecting tomorrow, they’re going to be left with a very sudden and harsh realization that those downside hedges could be fuel for a potential short squeeze.

Now I have to be clear..

I don’t know for certain what is going to happen tomorrow anymore than anyone else.

But I can’t imagine Bitcoin pressing into new highs this week screams “watch out, the markets about to fall!”

Or Palantir breaking out into new all-time highs today:

Or the 219 other stocks breaking out into 52-week highs following today’s close.

Maybe I’m misreading all of this.. maybe I am wrong.. but..

This has been a great year to be long some great stocks as long as you can avoid the noise and focus on price.

Just ask Ron, a TTI member who posted this earlier today:

I do know one thing for certain: there will be new trades to take tomorrow. And later this week. And the week after that. And so on.

The market is not going to stop providing us opportunities to make money from people who can’t figure it out.

And that’s exactly what we’re going to do together.

We’re going to be going over exactly how we plan on making more money through the end of the year.

In the mean time, I hope you and your family have a safe and productive election night.

See you tomorrow,

Hamilton

You can follow me on X by clicking here.

You can follow me on YouTube by clicking here.