What Meet Kevin said in this video:
- SPYbullishmid-termThe host stresses that since 1950 the market has risen 100% of the time after midterms, averaging a 13.9% six-month gain on the S&P 500 despite early volatility.Source
- QQQbullishlong-termThe host notes the Nasdaq 100 averages a gain of over 30% in the year following midterm elections.Source
- Otherpositive for stockslong-termThe host argues Democratic affordability policies constrain supply and raise home prices and rents, so buying real estate when Democrats win is the simplest playbook, favoring restrictive blue coastal markets.Source
- Otherpositive for stocksmid-termThe host says Florida's Proposition 3, which triples the homeowner's exemption, could put a floor under the Florida housing market.Source
- Oil & Energynegative for stocksmid-termThe host notes Brent crude is near under $100 and markets are starting to price in lower oil prices from an eventual Iran deal.Source
- Market Breadthpositive for stocksshort-termThe host discloses he actually bought the dip in stocks this morning, putting his money where his mouth is.Source
- Otherpositive for stockslong-termThe host discloses a signed purchase contract on a property and calls the Democratic sweep a potential turning point for real estate markets nationwide, buying the dip in both stocks and real estate.Source
- Otherpositive for stocksshort-termThe host reads ISM and S&P services PMIs in expansion, a second month of employment growth, and a 3.7% Atlanta Fed GDPNow as signs the economy is doing pretty decently.Source