Bob kusak is the editor of the hill and he joins us now welcome Bob what a difference a month makes so what's your assessment of this race as it stands right now right before Labor Day well Trey right now it's a race again it's it's very similar to the race before the disastrous Biden debate uh Trump was winning uh back then and then then he looked like uh he was going to just dominate that race and and even uh I thought w win the popular vote now things have changed we we are in a very close race now either side can win there are a lot of people out there believe it or not that haven't made up their mind uh so this is going to be a very important stretch uh for both candidates and the debate could make the difference all right Republicans and others some in the media complain that Harris is short on details and she won't answer questions but unless the voters make her force her to do so she really doesn't have to does she no she doesn't I mean think about it from uh the campaigns perspective she's on this really long honeymoon that continues and she's got this momentum why have uh you know a bad interview or uh really hurt that momentum especially going into the convention however as you know Trey she has committed committed to at least doing one major interview by the end of uh this month so that's basically over the next week but how many more is she going to do and she's got to answer so many questions about why she changed her position on Health Care energy uh compared to her 2019 bid and on guns as well uh that's going to be a difficult question for her to answer because obviously a lot of people think was for political expediency oh no it couldn't possibly be that who knows maybe frackie might come up I don't know if Pennsylvania is important or not here we have the current stock market update for Trump media and Technology Group Corporation stock ticker djt before we begin if you find these educational materials helpful in your trading please remember to click the like And subscribe buttons so that other Traders will be able to find this information more easily on the platform so clearly at this point we do have a presidential race and it does seem to be influencing the overall price trajectory of this stock of djt stock here we have the daily price chart and as we can see here the the stock itself did close at its lows for the day uh we were trading right at the bottom of this red candle here uh and the closing price did come in at 2172 uh so we're not quite back to the 2133 lows that we're seeing previously uh and you know again I mean I have pointed this out in Prior videos uh but it does seem that we are having a bit of trouble here right at this 20day uh 20-day exponential moving average as we can see here so we're starting to we're starting to fail a bit at this price level and roll over as the share price itself is starting to move into that region so uh you know I believe I said previously that it would be it would be better for this stock if if share prices were to move back into the exponential moving average cluster uh because even though that isn't really a decisive area uh it would at least suggest that momentum is sort of being removed from the downside um and that will be important currently because we are starting to pressure uh some longer term lows a bit here uh if we do pull out to the relative strength index reading for the hourly time frame we can see that overall uh the momentum picture is still focused on the downside uh which shouldn't be totally surprising uh but what we are also seeing here is a bit of a symmetrical triangle type of formation that's going on at the moment because we are starting to see higher lows in the relative strength index itself uh in addition to that we're also seeing a few signals within the relative strength a few signals within the relative strength index which are also pointing to to uh topside price movements specifically what we have here is the share price action that moved into oversold territory and then since moved out of it uh and then as that occurred share prices also uh forced the relative strength index to move above its own exponential moving average so essentially what I'm looking at here is the purple line moving above the yellow line uh purple line is relative strength index the yellow line is the moving average of the relative strength index so as we can see here the the longer term Trend here does still suggest negative momentum but if we were to break above this this descending trend line here uh roughly this would probably occur right around the 55 Mark and currently we're trading uh right around the 35 Mark uh so there there would be we would need to see some upside here in order for that break to occur uh but if we did see that upside break occur uh then this would allow the uh the shorter term momentum Trend uh to start to take over and then that would allow share crisis to start to be governed more uh by that positive upward price movement so as things currently stand uh we are still trading below the exponential moving average cluster um and obviously momentum is going to remain sluggish as long as prices remain in that price Zone all right Robert Kennedy is out let's listen to what he said and I'll ask you about it on the other side president Trump had been reaching out to me and I talked to him a few hours after the assassination attempt and we had a long conversation by phone I then had two extensive meetings and there there were issues that the broad issues that were most important to me the ones that brought me into the campaign those are all things that President Trump also wanted to work on and he invited me to form a Unity government I I I I feel dber than I usually do because I never really thought of Kennedy as a Republican or or even a highly coveted endorsement so was he promised to role in the Trump Administration I mean there are rumors of Kennedy being CIA director over someone like John Lee Ratcliffe I mean that that stuns me what's going on here yeah the campaign is saying no there is no quid proquo but as you know Trey I mean he Trump calls everybody if he doesn't like a story he'll call me I'm sure he calls you and he calls RFK Jr to get his endorsement and and Trump needs some good headlines uh so do I think it's going to make or break uh the Trump presidential bid probably not but it's good headlines that that he's got a Kennedy on his side uh and maybe that helps with a few independent voters all right so the DNC convention speech has talked about pain and disunity and how awful things are and I sat there wondering whether they realize who's been in charge for the last three years I mean Democrats control the White House and the Senate right now so if things are really bad why isn't it their fault it's a good question it's another question that I think Harris is going to have to answer and Trump has mentioned it repeatedly uh whether it's on the economy or inflation uh the withdrawal a botch withdrawal deadly of Afghanistan uh you know Harris was the VP was she involved in those discussions or not and why is she is she just going to blame Biden for that uh and then she gets off scott free right now uh the voters are giving her a pass she's someone basically new in the race we really haven't seen much of Harris uh over the last three and a half years she's been kind of an invisible VP but now she's front and center and and she's got a shot to win this thing it's hard to hide when you are a candidate for the highest office in the world but we shall see so overall the way things currently stand I would need to see a break Above This 2480 resistance level in order to start to expect some pressure to be taken off of the downside uh that would allow us to move back into the exponential moving average cluster and it would also allow share prices to sort of overcome the prior high that was posted uh toward the end of last week uh so I do think that 2480 should be enough of a enough of a movement higher uh in order to sort of alleviate that downside pressure uh currently you know the way the way the election currently stands uh from what I'm seeing there are still betting odds that are in favor of trump uh I don't know if people think that's important or not um I do tend to think that that is a bit important because I think that that's actually people putting their money where their mouth is and it's not just someone's opinion about whether or not you know you think somebody's going to win an election I mean if you're actually putting real money on it um I think that that tells it tells you a bit more about what a person actually thinks uh so I do think that that can be applied to a bit you know to the current share price uh action as well uh even though we do continue to see uh some downside movement here overall the momentum levels to the downside have started to slow down we are starting to kind of roll over uh and possibly roll out uh into this lower 20s area um but as I said I would need to see a break above at least uh 2480 before we can start to uh put put put more of a a clear focus on the top side so here's the current market outlook for Trump media and Technology Group Corporation stock ticker djt our high value trading strategies membership is currently available for a limited time for only $9.99 per month these high conviction investment strategies are characterized by Superior risk to reward metrics that Target massive Market beating returns over time join now to outperform the market lock in this special introductory rate of just $9.99 per month for the entire lifetime of your membership and start treading stocks with the pros [Music]