Election Day - Let’s Hope For A Decisive Victory

One Option Trading Blog https://ift.tt/2TMYjYX Posted 9:30 AM ET - Yesterday the market rallied above the 100-day moving average and it was able to hold that support. The S&P 500 is up 35 points before the open and traders are expecting definitive election results in the next day or two. Both parties want a stimulus bill and a quick election result will speed up fiscal spending and reduce the chances of civil unrest. Mail-in ballots could slow down the process in key battleground states. On average, the market has rallied 6% after the election 15 of the last 17 times. Earnings season is unfolding and the …