Has Trump really lost? 388 votes turn the U.S. midterm election around!
I was just scrolling through X when I saw a post saying that the election results in Georgia had unexpectedly flipped.
The Democratic candidate had originally been ahead by 58 votes, but while checking the data, election workers discovered that 388 ballots hadn’t been properly counted.
After a recount, the Republican candidate was instead ahead by 262 votes.
I looked into it, and it’s true. The secretary of state has also launched an investigation. But don’t get the wrong idea: this is just a vote-count change in one state House district. It hasn’t overturned the overall results of the midterm elections.
Still, I think it’s worth paying attention to.
The U.S. midterms have just ended, and the market is still digesting the results. Then suddenly, this news pops up. Although it won’t change the overall balance of power in Congress for now, this kind of story can easily get blown out of proportion.
Especially with U.S. stocks already so sensitive to market sentiment, any political tremor could become an excuse for investors to speculate.
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U.S. markets open again tomorrow night.
Taking Friday’s Nasdaq rebound into account, my personal guess is that U.S. stocks may open slightly higher on Monday, then trade sideways, with the Nasdaq perhaps performing a little better.
But whether Friday’s rebound was driven by money flowing back into the market or was just a brief recovery after being oversold—we’ll have to wait and see how things go tomorrow night.
As for those 388 ballots, I think the real impact on U.S. stocks should be limited. Ultimately, the market will still look at capital flows and fundamentals.
Here’s my prediction: the Nasdaq closes slightly higher tomorrow night. If I’m wrong, I’ll review it again on Tuesday. 😂
What do you think? Up or down?
I was just scrolling through X when I saw a post saying that the election results in Georgia had unexpectedly flipped.
The Democratic candidate had originally been ahead by 58 votes, but while checking the data, election workers discovered that 388 ballots hadn’t been properly counted.
After a recount, the Republican candidate was instead ahead by 262 votes.
I looked into it, and it’s true. The secretary of state has also launched an investigation. But don’t get the wrong idea: this is just a vote-count change in one state House district. It hasn’t overturned the overall results of the midterm elections.
Still, I think it’s worth paying attention to.
The U.S. midterms have just ended, and the market is still digesting the results. Then suddenly, this news pops up. Although it won’t change the overall balance of power in Congress for now, this kind of story can easily get blown out of proportion.
Especially with U.S. stocks already so sensitive to market sentiment, any political tremor could become an excuse for investors to speculate.
──── ✦ ────
U.S. markets open again tomorrow night.
Taking Friday’s Nasdaq rebound into account, my personal guess is that U.S. stocks may open slightly higher on Monday, then trade sideways, with the Nasdaq perhaps performing a little better.
But whether Friday’s rebound was driven by money flowing back into the market or was just a brief recovery after being oversold—we’ll have to wait and see how things go tomorrow night.
As for those 388 ballots, I think the real impact on U.S. stocks should be limited. Ultimately, the market will still look at capital flows and fundamentals.
Here’s my prediction: the Nasdaq closes slightly higher tomorrow night. If I’m wrong, I’ll review it again on Tuesday. 😂
What do you think? Up or down?
