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Trade QQQ with leveragePresident Trump has posted a new announcement on Truth Social, the social media platform. He wrote:
“The “Experts” said that if I hit 50,000 on the Dow by the end of my Term, I would have done a great job, but I hit 50,000 today, three years ahead of schedule — Remember that for the Midterms, because the Democrats will CRASH the Economy!”
How Will Trump’s Statement Affect the Stock Market?
This latest post has the potential to affect the stock market. That’s because Trump’s post linking the Dow 50,000 level to his own performance and warning that Democrats would “crash the economy” could inject short-term volatility as investors reassess political risk and the potential for policy changes after the midterms. Financials like JPMorgan (JPM), the Financial Select Sector SPDR (XLF), SPDR S&P Regional Banking ETF (KRE), and Vanguard Financials ETF (VFH) might react more sharply because they are highly sensitive to regulatory, tax, and interest-rate expectations tied to election outcomes. Large-cap tech and growth exposures such as Apple (AAPL), Microsoft (MSFT), Invesco QQQ (QQQ), Technology Select Sector SPDR (XLK), and Vanguard Information Technology ETF (VGT) could also see swings, but their long-term drivers—earnings growth, innovation, and secular demand—are likely to matter more than a single politically charged social media statement.
Here are some of the stocks that might be affected:
Apple Inc ((AAPL)),
JPMorgan Chase & Co. ((JPM)),
Microsoft ((MSFT)),
Invesco QQQ Trust ((QQQ)),
Financial Select Sector SPDR Fund ((XLF)),
Technology Select Sector SPDR Fund ((XLK)),
SPDR S&P Regional Banking ETF ((KRE)),
Vanguard Financials ETF ((VFH)),
Vanguard Information Technology ETF ((VGT)).