Shares of Trump Media & Technology have staged a 230% rally in the weeks leading up to the election.
Robinhood joins Kalshi and Polymarket in using bets to shape public sentiment on the White House.
The S&P 500 has only been negative in two election years over the last 75 years.
Earnings expectations are flat for the S&P 493 while the Magnificent Seven can't keep up with Nvidia.
The stock soared overnight after upbeat earnings, huge Cybertruck deliveries and bullish guidance.
Treasury yields have surged as Wall Street pulls back its bets for aggressive Fed rate cuts.
Investors are about to enter a lost decade of returns, according to Goldman Sachs.
If the Fed does anything other than cut interest rates in November, the everything rally could unwind.
But strong economic data doesn't mean everyday Americans are feeling optimistic.
Betting markets have spiked in favor of the former president just as the S&P 500 has picked up steam.
The chip maker's volatility relative to the S&P 500 has doubled over the last decade even as its market cap has skyrocketed.
History suggests volatility will spike in the final weeks of the Trump-Harris presidential showdown.
