Monday, November 2, 2020

How Long Will It Take To Determine the Next President? The Answer Will Impact the Market


One Option Trading Blog https://ift.tt/3mH1bTR Posted 9:00 AM ET - Last week the market had nervous jitters ahead of the election and the S&P 500 closed below the 100-day moving average. New Coronavirus cases are spiking domestically and internationally and election results might not be known for weeks. These two issues will weigh on the market and a buying opportunity will surface when we have election clarity. Much of Europe is in a complete shutdown and many states in the US are considering similar as the number of new cases spikes. This will impede the economic recovery and the Q3 earnings are expected to decline 20% …

No comments:

Post a Comment