Trump Trades
The election seasonality narrative
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Last Week: I added a small trade, but I am still waiting for more clarity to setup anymore size.
Challenge Account: No changes, still in a swing trade.
2k to 3.7k
Relevant Topics, News, and Data:
Tuesday Consumer Confidence & JOLTS
Wednesday FOMC
Thursday PMIs
Friday Labor Market Data
With Powell’s recent statement about addressing the weakening labor market, this week’s data will be key. Why do you think JOLTs comes out before FOMC instead of Thursday like normal? This is when a stable report on the labor market is very important.
There is no hike, and I would like to see him address the labor market on Wednesday.
Finally, Trump gave a speech in Nashville for BTC 2024 conference. He said everything he needed to say for the BTC community. BTC is apart of the “trump trade” narrative.