Luke Lloyd says it blows his mind that the stock market did not price in a Democratic sweep of the House and Senate ahead of the midterm election results. Despite the strong selling action across the S&P 500 (SPX) and Nasdaq-100 (NDX), he remains bullish on the AI infrastructure trade and expects a rebound to reenergize tech bulls. Luke takes investors through his philosophy of "perception versus reality" and outlines his reasons why the AI buildout won't as much as investors believe. He adds that a merger between SpaceX (SPCX) and Tesla (TSLA) is also still possible despite an increased risk of regulation overhangs.