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It's the biggest driver of the market [Total Wealth] BROUGHT TO YOU BY MANWARD PRESS The Biggest Driver of the Market SPONSORED [Nvidia's Secret Partner... This Is The New AI Chip Powerhouse]( [Chatbot conversation]( I bet you've never heard of it... but this newly public company is set to become key to Nvidia's seat on the AI throne. And for now... you can get in while it's still cheap. [Details Here!]( [Shah Gilani] Shah Gilani Chief Investment Strategist Narratives. Stories. Tales. If you've been following along, you know that I'm convinced narratives are the biggest drivers of stocks and the markets. Not all of them are tradable... and even fewer are investable over the long term. But when they are, they're life-changing fortune-making investments. Think about some of the amazing technological developments over the past few decades. They were stories that turned into long-term narratives... How the internet would bring the world together... or how everyone would want smartphones. Think about how much money was made investing in those narratives... and how much money is STILL being made. And now there's a developing narrative that will take center stage over the next few months. Smart investors will pay attention as this story gains momentum... meaning more and more people will likely trade into the story they see developing. And trading into it will make it self-fulfilling. SPONSORED [Trump's "Document 20" Revealed: Smart Americans Could Get Rich]( [Trump's 'Document 20']( Details on a special dossier written by President Trump himself have just been revealed. One top investment expert expects this explosive document could soon send the market into a Second Trump Stockwave. The last time this happened, stocks surged as high as 3,480% in 4 years. [See if stocks could soar as much as 1,000%+ if history repeats itself.]( Pop Quiz Last week I spoke at The Oxford Club's Private Wealth Seminar, held at the beautiful Wequassett Resort & Golf Club in Harwich, Massachusetts. My presentation was titled "Why Narrative Trading Is the Future of Investing and How to Do It." [Shah at The Oxford Club's Private Wealth Seminar] I explained to the packed room how narratives start, how they develop, how they can become self-fulfilling, and how many they'd probably traded or invested in and didn't realize it. Narratives matter. As Daniel Kahneman, noted psychologist, behavioral finance guru, author of Thinking Fast and Slow, and Nobel laureate famously said, "No one ever made a decision because of a number. They need a story." One of the slides I presented to the audience was a bar chart of the Invesco QQQ Trust ETF (QQQ) from the start of 2022 to present day. QQQ is the popular ETF that tracks the Nasdaq 100. [Invesco QQQ Trust ETF]( [View larger image]( I asked attendees if they knew what narrative caused the QQQ to fall throughout 2022. A lot of hands went up. Stocks went down, led the tech sector, because the "inflation isn't transitory" narrative was finally being addressed by the Federal Reserve. The Fed hiked the fed funds rate. The audience knew that narrative. But no one could answer my next question... What happened in November 2022 that put a floor under stocks and set the stage for them to rise in 2023, even though the Fed would raise rates another four times in 2023? The introduction of Open AI's ChatGPT to the public. That was the origin of the AI narrative, and it powered the Magnificent Seven - with the posterchild for AI, Nvidia, leading the way - and therefore the major benchmark indexes to new all-time highs. That's how powerful narratives can be and how they can be played for huge long-term gains. But there are short-term horizon narratives too. SPONSORED [The Shockingly Genius 0DTE Trade]( When the Government Releases Certain Data.. Target Up to +383% Overnight (See the Proof!) [🚨 New "Zero Days To Expiration" Trade Goes LIVE THIS TUESDAY 🚨]( Rally On One in particular started brewing and getting press two weeks ago. It's the year-end rally story. Analysts have been leaning into this narrative for two reasons... - Earnings are good. We'll get proof now that Q3 earnings reporting has started in earnest. - The Fed's likely to cut at least once more this year, if not twice. That one-two punch is enough to propel the S&P 500 to higher highs. Goldman Sach's prominent chief U.S. equity strategist recently raised his year-end guidance for the S&P 500 to 6,000. And he's not alone. Evercore ISI's Julian Emanuel boosted his year-end price target to 6,000 as well, saying the "AI revolution is in the early innings." Other analysts are raising their targets too, with BMO lifting their year-end target to 6,100. As financial news outlets plaster those stories all over the media landscape, traders will turn into bettors that there's a year-end rally coming. The smartest, best risk-reward way to play that potentially self-fulfilling narrative expanding is by buying a vertical call spread on the S&P 500 by way of the S&P 500 SPDR ETF (SPY). It's what I recommended during my presentation at the Private Wealth Seminar. (Out of fairness to the attendees of the seminar, I won't reveal the specific trade.) If the S&P 500 powers above 6,000, you'd find yourself with a handsome narrative win. Cheers, Shah Want more content like this? [YES]( [NO]( Shah Gilani Shah Gilani is the Chief Investment Strategist of Manward Press. Shah is a sought-after market commentator... a former hedge fund manager... and a veteran of the Chicago Board Options Exchange. He ran the futures and options division at the largest retail bank in Britain... and called the implosion of U.S. financial markets (AND the mega bull run that followed). Now at the helm of Manward, Shah is focused tightly on one goal: to do his part to make subscribers wealthier, happier, and freer. You are receiving this email because you subscribed to Total Wealth. To unsubscribe from Total Wealth, [click here](. Need help with your account? [Click here](. Have a question or comment for the editor? [Click here](mailto:mailbag@manwardpress.com). Please do not reply to this email as it goes to an unmonitored inbox. To cancel by mail or for any other subscription issues, write us at: Manward Press | Attn: Member Services | [14 West Mount Vernon Place | Baltimore, MD 21201](#) North America: [1.800.682.5210](#) | International: [+1.443.353.4263](#) [Website]( | [Privacy Policy]( Keep the emails you value from falling into your spam folder. 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