Trump’s Indiana Endorsement Echoes Pro-Energy and Defense Themes, Offering Mild Tailwind to Industrial and Energy Stocks

President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:

“RT @realDonaldTrump I am hearing that Bluffton City Councilman Blake Fiechter, a True America First Patriot, is considering a primary challenge against “RINO” State Senator Travis Holdman, in Indiana’s 19th Senate District who, for whatever reason, voted against Redistricting in Indiana, in a District that I won by 39 points, which puts the United States Congress in jeopardy. Holdman and his RINO friends made Indiana, a State I love and have been very good to, the only State in the Country that essentially said they don’t care about what happens in the United States Congress. We could have easily picked up two seats in Indiana, so Holdman, an America Last politician, put our Majority in the House of Representatives at risk, thereby putting our Country in a very dangerous position in losing some of the magnificent gains that we have made over the last year, since I assumed the Office of President.

On the other hand, Blake Fiechter, a very successful Real Estate Broker, Proud Husband, Loving Father to three girls, and a Highly Respected Councilman in the wonderful City of Bluffton, has dedicated his life to serving the Community which he loves so much. As your next State Senator, Blake would fight tirelessly to Protect “Hoosier” Values, Promote our Amazing Farmers and Ranchers, Grow our Economy, Cut Taxes and Regulations, Advance MADE IN THE U.S.A., Promote American Energy DOMINANCE, Keep our Border SECURE, Support our Brave Military, Veterans, and Law Enforcement, Ensure LAW AND ORDER, Safeguard our Elections, and Protect our always under siege Second Amendment.

Should he decide to enter this Race, and hopefully he will, Blake Fiechter has my Complete and Total Endorsement against RINO Travis Holdman. RUN, BLAKE, RUN!”

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 reinforces his long-standing policy themes of support for energy dominance, defense spending, and pro-manufacturing/industrial growth, which can create a mildly positive sentiment bias for industrial and energy names like CAT, DE, XOM, CVX and related ETFs (VIS, XLI, XLE, VDE, OIH). His strong rhetoric on “American Energy DOMINANCE” and “MADE IN THE U.S.A.” may be read as a signal of continued political backing for fossil fuels and domestic production, marginally supportive for oil & gas producers and services (XOM, CVX, VDE, XLE, OIH) and broader industrials (CAT, DE, VIS, XLI). References to law and order, the military, and border security may also be interpreted as incrementally favorable for defense and aerospace contractors (LMT, RTX, PPA, XAR, ITA) and the broader industrial/aerospace ETFs, though the impact is likely limited given this is a localized state-level political endorsement rather than a concrete policy change.

Here are some of the stocks that might be affected:
Caterpillar ((CAT)),
Chevron ((CVX)),
Deere & Company ((DE)),
Exxon Mobil Corp. ((XOM)),
Lockheed Martin ((LMT)),
Rtx Corporation ((RTX)),
Vanguard Industrials ETF ((VIS)),
Industrial Select Sector SPDR Fund ((XLI)),
Energy Select Sector SPDR Fund ((XLE)),
VanEck Oil Services ETF ((OIH)),
Vanguard Energy ETF ((VDE)),
Invesco Aerospace & Defense ETF ((PPA)),
SPDR S&P Aerospace & Defense ETF ((XAR)),
iShares U.S. Aerospace & Defense ETF ((ITA)),
iShares U.S. Industrials ETF ((IYJ)).