Election week ahead: Bull vs Bear forces?
- Thread starter KCalhoun
- Start date
Things look a bit different this time.
Last time, it was fear with the lock down then greed with stimulus and virus numbers coming down.
Right now we have numbers out of control and more and more euro countries locking down.
The election provides volatility but not sure it will make much of a longer term trend.
It's all about q4 earnings, debt hit, and stimulus.
Vaccine progress seems unlikely right now
Last time, it was fear with the lock down then greed with stimulus and virus numbers coming down.
Right now we have numbers out of control and more and more euro countries locking down.
The election provides volatility but not sure it will make much of a longer term trend.
It's all about q4 earnings, debt hit, and stimulus.
Vaccine progress seems unlikely right now
Massive rally on Wednesday when Trump is relected in a landslide 
Massive rally on Wednesday when Trump is relected in a landslide
I have no personal respect for Trump but this option would be preferable for the US economy and make things simple for trading. My ideal draft plan calls for Monday and Tuesday to be inside bar days on the Dow. I then go long on the Dow derivative (spreadbetting) at Wednesday's close as long as it prints a higher high and higher low than Friday, a close above Friday's and which is in the day's upper one-third of range.
Oh yes, the other thing I need (we all need) is a clear and uncontestable immediate result.
Interesting question.
What will be contestable? Key states, overall vote too close to 50:50.
What about 55:45
Dunno. Its just going to be a bad outcome for my plan if the apparent loser takes it to court and we don't get a vigorous V-shaped bounce.
Isn't the government's covid management already in the price? (maybe you're in the US?......)
We're not going to have a v-shaped bounce, and never will, because people will not...
1. Wear their mask when going out in public.
2. Use hand sanitizer when they get back into their vehicle (if applicable)
3. Wash their hands with warm soapy water when they get home.
3A. (Resist rubbing their eyeballs when out in public.)
What?
No, no. I was talking about a v-shaped bounce in the Dow chart. It makes a lovely plan.