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Wednesday, November 4, 2020

Market Bid Is Strong - Money Flowing Into Stocks During Uncertainty


One Option Trading Blog https://ift.tt/3oQKSWt Posted 9:30 AM ET - The S&P 500 futures are pointing to a 60 point rally pre-open and there is resistance at that level. Democrats will retain control of the House and Republicans will retain control of the Senate. However, the presidential winner will not be determined for at least a few days and the results are likely to be contested. From my perspective this is the worst outcome because the market does not like uncertainty. Major media is not declaring a winner because the races are razor thin and many votes still need to be counted. From what I am …

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