Election Day Boost: Stocks Soar, Tech Leads Gains.

What we’ll cover today:

📈 Markets Rally as Votes Roll In.

💥 Trump's Crypto: Boom or Bust?

📊 Moonwell's Dive: A Rally on Horizon?

1. Markets Rally as Votes Roll In.

As Americans cast their votes, the stock market is heating up.

Nasdaq-100 and big tech stocks are leading the charge.

The Nasdaq-100 futures are hovering around a key level:

• If it holds steady: The rally could pick up steam.

• If it dips: Momentum might slow down.

All sectors in the S&P 500 are up, led by:

• Industrials

• Consumer Discretionary

• Tech stocks

Solid earnings and positive economic news are keeping the market upbeat.

With Trump and Harris locked in a tight race, a divided Congress might mean fewer major policy shifts.

Meanwhile, tech is stealing the spotlight:

• Tesla, Nvidia, and crypto stocks are climbing higher.

• Bitcoin’s rally and Trump’s pro-crypto stance add fuel.

Traders are also watching for a potential Fed rate cut.

Here’s the whole article

2. Trump's Crypto: Boom or Bust?

Former President Donald Trump has launched his very own cryptocurrency, WLFI, via World Liberty Financial.

It's new and causing a buzz, but is it a wise investment?

Key Points from Experts:

• Risk Warning: WLFI lacks a track record and is considered high-risk.

• Joe Schmitz, Jr.: Invest in assets with a proven history.

• Thomas J. Brock: Cryptocurrencies are volatile and lack intrinsic economic value.

Investor Considerations:

• Market Timing: The timing of the crypto market is highly uncertain.

• Long-Term Investing: True investing aims for long-term gains, not quick profits.

• Alternatives: Index funds offer more stability and predictable growth.

Decision Time:

• Risk Tolerance: Invest only what you can afford to lose.

• Financial Strategy: Assess how WLFI aligns with your investment goals.

Will you gamble on Trump’s crypto or opt for a safer investment strategy?

Here’s the whole article.

3. Moonwell's Dive: A Rally on Horizon?

Moonwell's WELL token just took a nosedive to $0.07113, hitting its lowest mark since October.

Despite this drop, the token has seen a whopping 677% rise from its July low.

Originally launched on Polkadot, Moonwell found its groove after moving to the Base blockchain, where it now boasts:

• A hefty $116 million in total value locked.

• $800,000 in fees raked in since October.

As Moonwell's fortunes intertwine with Base's rising status—now the sixth-largest blockchain—market watchers are buzzing.

They predict the token could rocket to $1.50 by year's end, a potential surge of 1,775%.

Currently teetering just below a critical support level but above the 50-day moving average, WELL is at a crossroads.

Here’s the whole article