On November 5th, Eastern Time, the biggest political event of the year - the suspense of the US presidential election is about to be revealed.
The U.S. presidential election adopts the Electoral College system of indirect elections. The presidential candidate who wins the majority of the popular votes in each state will receive all the electoral college votes of that state, known as winner takes all. The total number of electoral college votes in the U.S. is 538. A presidential candidate who reaches 270 electoral college votes will be elected president.
Currently, the election battle between Trump and Harris has entered a heated state. As of the time of writing, the latest forecast for the U.S. presidential election is:
Highly probable votes: Harris 226, Trump 219
Votes needed for victory: Harris 44, Trump 51
As the world's largest economy, the election of future leaders in the USA will undoubtedly attract the attention of the whole world. However, global "onlookers" should be prepared in advance, as there is a high probability that the results of this election will not be announced on election day or the next day, but may take several days to reveal.
Futu News has compiled a timetable covering each voting state for you to stay ahead and win at the starting line!
Generally speaking, in most states in the USA, vote counting begins immediately after the end of voting on election day. However, due to the vast expanse of the USA spanning multiple time zones, the end times for voting in different states are also different.
This sometimes results in situations where the vote counts in eastern states of the USA have already been announced while some western states have not even finished voting yet.
Although elections are taking place in all states in the United States, based on previous media surveys, the election results in most states can already be predicted in advance. The final outcome of the election will be determined by seven swing states: Arizona, Nevada, Pennsylvania, North Carolina, Wisconsin, Georgia, and Michigan.
If the election in this election is one-sided, it is indeed possible to determine the winner the day after the election day. However, considering the tight race in the seven swing states this time, if we refer to the situation in the previous election, we need to be prepared: it may take several days to determine the results of this election.
Trump VS Harris, how should investors deal with the election market?
As the competition between Trump and Harris intensifies, market sentiment is becoming increasingly tense.
It is widely believed in the current market that due to Trump's current position, he supports traditional energy, infrastructure construction policies; whereas if Harris takes office, there is a tendency towards welfare policies, cannabis legalization, green energy, US export growth, housing support, etc.
It is worth noting that market views believe that both the inauguration of Donald Trump and Harris are bullish for cryptos and gold.
Previously, Harris promised to support the regulatory framework for digital currencies, and options traders have been increasing their bets: regardless of who wins the U.S. election,Bitcoin (BTC.CC)Expected to reach $0.08 million by the end of November, hitting a record high.
Speaking of gold, the head of commodity strategy at Sangbao Bank stated that geopolitical risks, the US debt crisis, and shifts in monetary policy together form the reasons why gold, as a hard asset, is considered bullish. Whether it is Trump or Harris who wins the November US election, gold comes out as the winner.
Futu News also summarized some$Donald Trump concept stocks (BK22962.US)$, for reference by Mooers:
Among them, Donald Trump concept stocks include $Trump Media & Technology Group(DJT.US)$Please use your Futubull account to access the feature.$Phunware (PHUN.US)$Please use your Futubull account to access the feature.$Rumble (RUM.US)$ ;
Financial stocks include $JPMorgan (JPM.US)$Please use your Futubull account to access the feature.Bank of AmericaPlease use your Futubull account to access the feature.$Wells Fargo & Co (WFC.US)$Please use your Futubull account to access the feature.$Goldman Sachs (GS.US)$Please use your Futubull account to access the feature.$Morgan Stanley (MS.US)$Please use your Futubull account to access the feature.$Evercore (EVR.US)$ ;
Traditional energy companies include $Cheniere Energy (LNG.US)$Please use your Futubull account to access the feature.$Sony(6758.JP)$ rose nearly 2% before the market opened, and its semiconductor division will cut spending by 30% over the next three years.Please use your Futubull account to access the feature.$ConocoPhillips (COP.US)$Please use your Futubull account to access the feature., Please use your Futubull account to access the feature.Occidental Petroleum(OXY.US)Please use your Futubull account to access the feature.$Peabody Energy (BTU.US)$ ;
Insurance companies include $UnitedHealth Group (UNH.US)$Please use your Futubull account to access the feature.$Humana (HUM.US)$ ;
Biopharmaceutical companies include $Eli Lilly and Co(LLY.US)$ rose 1.52%, with a turnover of 2.1 billion US dollars. The US Food and Drug Administration (FDA) analyzed the trial data of Eli Lilly's experimental Alzheimer's drug donanemab and found that it did not show significant safety signals, but also raised concerns about the safety of the drug in early patient treatment.Please use your Futubull account to access the feature.Merck (MRK.US) ;
Cryptocurrency concept stocks include $MARA Holdings (MARA.US)$Please use your Futubull account to access the feature.$Riot Platforms (RIOT.US)$Please use your Futubull account to access the feature.$CleanSpark(CLSK.US)$Please use your Futubull account to access the feature.Coinbase.and$MicroStrategy(MSTR.US)$ Wait;
Companies benefiting from "trade protection" include $Intel(INTC.US)$Please use your Futubull account to access the feature.Texas Instruments (TXN.US)Please use your Futubull account to access the feature.Intel fell by 1.8%, with declines of more than 2% during trading. Please use your Futubull account to access the feature.andPlease use your Futubull account to access the feature.$General Motors (GM.US)$. Wait;
Agricultural equipment companies include $Tractor Supply Company (TSCO.US)$Please use your Futubull account to access the feature.$Deere & Company(DE.US)$ ;
Including the world's richest underdog Elon Musk, who openly supports Donald Trump $Tesla (TSLA.US)$.
In addition, $Harris concept stocks (LIST22990.US)$ 如下:
Among them, clean energy stocks include $First Solar (FSLR.US)$Please use your Futubull account to access the feature.$Enphase Energy (ENPH.US)$ fell nearly 9%. On the news front, JPMorgan lowered its target price for SolarEdge Technologies from $73 to $59. The bank said that demand for solar energy in European residences is still relatively weak, due to high channel inventory, low electricity pricing, and recent uncertainties related to elections. JPMorgan also lowered its target price for solar energy company Enphase Energy from $128 to $124.Please use your Futubull account to access the feature.$Nextracker (NXT.US)$ ;
electric vehicle stocks include $Ford Motor (F.US)$Please use your Futubull account to access the feature.$General Motors (GM.US)$.Please use your Futubull account to access the feature.$Rivian Automotive(RIVN.US)$ ;
Consumer stocks include $Amazon (AMZN.US)$Please use your Futubull account to access the feature.$Walmart (WMT.US)$Please use your Futubull account to access the feature.$Costco (COST.US)$ ;
Cryptocurrency concept stocks include $MicroStrategy(MSTR.US)$Please use your Futubull account to access the feature.Coinbase.Please use your Futubull account to access the feature.$Marathon Digital(MARA.US)$ ;
Real estate stocks include $ D.R. Horton (DHI.US) $ rose more than 10% this week,Please use your Futubull account to access the feature.Lennar Corp (LEN.US)Please use your Futubull account to access the feature.$ NVR Inc (NVR.US) $ ;
Cannabis stocks include $Teva Pharmaceutical Industries (TEVA.US)$Please use your Futubull account to access the feature.$Dr. Reddy's Laboratories Ltd (RDY.US)$Please use your Futubull account to access the feature.tilray brands (TLRY.US).
Editor/Somer