Happy Monday, Larkers! Welcome back to another week of trading excitement and insights. Today's issue dives into Biden dropping out of the presidential race, which is crazier than holding a 10x leveraged position during a surprise Fed announcement!

Plus, we break down everything you need to know to stay ahead in the trading game this week.

Buckle up, it's going to be a wild ride!

On today’s menu:

• What Just Happened In The US? 🇺🇲

• Why Join Lark Funding? 🤔 

• Everything You Need To Know This Week ✅ 

• A Trader’s 5th Payout 🤑 

What Just Happened In The US? 🇺🇲 

Well folks, yet another crazy conspiracy theory that just weeks ago seemed insane, came true yesterday afternoon.

Unless you’ve been living under a rock, you know that Joe Biden has officially withdrawn from the 2024 election.

This is crazier than going all-in on a meme stock right before a surprise earnings report! So the big question is, what happens next?

Let's dive into the chaos and see what this means for the markets and your trading.

WHAT HAPPENS NEXT? 🤔 

Larkers, buckle up because we're entering uncharted territory. With Joe Biden out of the 2024 race, the Democratic Party is scrambling like traders on a Black Monday.

So, who might step up to the plate? Biden and several top Dems have thrown their weight behind Vice President Kamala Harris. If she secures the nomination, she’ll make history as the first Black woman and first Asian American to lead a major party ticket. But, hold your horses—it’s not a done deal yet.

Here’s how the nomination process might shake out:

1. The DNC's Next Move: DNC Chair Jaime Harrison assures us that the party will take a “transparent and orderly process to move forward.” What does that mean exactly? It's anyone's guess. The Democratic National Convention, scheduled for August 19–22 in Chicago, will be the grand stage where this drama unfolds.

2. The Harris Factor: While Harris is the frontrunner, she’s not guaranteed the spot. If she clinches the nomination, we’ll be on the lookout for her VP pick—speculation is already running wild.

3. The RFK Jr. Proposal: Robert F. Kennedy Jr. has a novel idea—use “neutral polling” to determine the best candidate to beat Trump. It's unconventional, but then again, so are these times.

4. Legal Battles: Republicans are ready to pounce on any moves the Dems make. They argue that changing the nominee could lead to legal challenges in some states. Speaker Mike Johnson hinted at this on ABC’s The Week, pointing out that state systems might not easily accommodate a switcheroo.

And all of this doesn’t even mention the possibility that Harris could invoke the 25th Amendment.

So, what's the timeline here? The Dems need to rally and finalize their candidate by the DNC in August. Until then, expect a lot of political maneuvering, debates, and yes, a fair share of market jitters.

How Will the Markets React? 📉 

Investors are bracing for volatility. Trump’s potential comeback is no longer a given, injecting uncertainty into the mix. As we all know, markets hate uncertainty more than a trader hates a losing streak.

Key Takeaways for Traders:

1. Stay Informed: Keep an eye on political developments. Market sentiment can shift rapidly based on the news cycle.

2. Expect Volatility: Be prepared for market swings. Use proper risk management to navigate the choppy waters.

3. Opportunities Abound: Uncertainty can lead to opportunities. Stay agile and ready to capitalize on market movements.

That’s the Lark Lowdown, folks. Stay sharp, stay informed, and as always, trade smart.

🤔 Why Would You Join Lark Funding?

We’re not the biggest firm, the oldest or the flashiest. So why join us?

Aside from processing payouts reliably and on time for the last 782 days, here’s why:

✅ No Hidden Rules
✅ No News Restrictions
✅ No Secret Rule Changes
✅ No Weird Payout Rules
✅ No Profit Consistency Rule
✅ No Complicated Rules
✅ TradingView Integration
✅ CTrader

And with our new promo, we’re making it even easier for you to become a Lark Trader.

With code LARK15, you’ll:

1. Save 15% on any 1-stage & 2-stage challenge.

2. Receive a free account of the same size upon your first payout.

📈 Buckle Up For A Crazy Week

Welcome back to another action-packed week in the markets, Larkers. Buckle up because we’ve got a ton of crucial economic events coming your way.

Here’s your quick breakdown to keep you in the loop and ready to pounce on those trading opportunities. Let’s dive in!

1. FOMC Meeting - Wednesday, July 26 📊

This is the big event of the week. The Federal Open Market Committee (FOMC) will be meeting and all eyes are on their interest rate decision and policy statement.

Why it matters: The FOMC’s decisions and statements can cause significant spikes in the market. This event will give traders a glimpse into the Fed’s future and just how many rate cuts they see in their future.

Pro Tip: We need to keep a close eye on the Fed’s language regarding inflation and economic growth. Any hints at future rate cuts or policy shifts can really move the market and provide some trading opportunities.

2. Q2 GDP Report - Thursday, July 27 💼

The second quarter Gross Domestic Product (GDP) report will be released on Thursday. It’s a key indicator of economic health and growth.

Why it matters: A stronger-than-expected GDP report can boost confidence in the economy, potentially lifting equities and strengthening the dollar. A weaker report could have the opposite effect.

Pro Tip: Use this data to gauge the overall health of the economy and to help you form your long-term fundamental idea. Don’t know how to do that? Click HERE to join our free Skool community.

3. Earnings Season Continues - Throughout the Week 🏢

Earnings season is in full swing, with major companies across various sectors reporting their Q2 results this week.

Why it matters: Earnings reports can provide insights into company performance and economic trends. They can also set the tone for market sentiment.

Pro Tip: You want to pay attention to the huge companies reporting (think Apple, Meta, Amazon, etc) as they can provide a gauge on consumer sentiment and the health of the economy.

That’s your cheat sheet for the week, Lark Traders! Keep these events on your radar and stay nimble. Remember, the markets are like a wild rollercoaster—exciting, unpredictable, and sometimes downright terrifying. But with the right knowledge and strategy, you can ride those waves like a pro.

Stay tuned, stay sharp, and as always, trade smart.

Happy Monday,
Mr.Lark

☕️ Pre-Market Fuel

1. This trader just requested their 5th payout. No social media, no bragging. They’re crushing it in private.

2. Could Elon Musk be Satoshi Nakamoto? It’s a long shot, but this breakdown is interesting.

3. How much did Russia sell Alaska for? A very cool breakdown that gets you thinking about inflation.

🍪 Digestible Memes

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