Stock market expert compares 2024 election to tumultuous time when the challenger prevailed over incumbent [Video]

Wall Street is becoming increasingly convinced former President Trump will emerge the victor from next week’s long-anticipated election.

Trump Media & Technology Group (DJT) shares continue to surge, making a comeback from a low in September, but what other signs point to that conclusion?

CFRA Research chief investment strategist Sam Stovall weighed in on Tuesday, telling FOX Business’ Charles Payne the feel of this election cycle is abnormal, reminiscent of another tumultuous time when the challenger prevailed over the incumbent.

“It does [seem different this year], because we’re up more than 5% since July 31st and, whenever the market has been higher in that three-month period — July 31 through Oct. 31 — the incumbent person or party has been re-elected 82% of the time,” he surmised.

‘LOTS OF LEADERS ON WALL STREET’ PRIVATELY SUPPORTING TRUMP, TRANSITION TEAM CO-CHAIR SAYS

“One of those times in which it was not successful was 1968, and I have to say that this election sort of reminds …