$SPX October Trading Low Amid Election Uncertainty

It is not typical to see the $S&P 500(.SPX)$ rally into Election Day when the polls are this close.

Trading activity has been very low so far this October, suggesting many are in “wait and see mode” with Q3 earnings and the election on deck.

Image

Big day for Small Caps with the $iShares Russell 2000 ETF(IWM)$ closing +2%

BIGGER day for my Top 6 Small Caps picks:

5/6 finished up over +7% on the day!

The $E-mini Russell 2000 - main 2412(RTYmain)$ is flat since I released my top 6 picks. The sustained Bull Run for Small Caps hasn’t even started yet.

Remember what I said…FORTUNES.

Take Profit as S&P Hits 5800 or Hold Till 6000?

As the stock market hits record highs more than 40 times this year, there are concerns that history might repeat itself and another financial crisis could occur. ---------------- Will S&P 500 hit 6000 by year-end as institutions predict? Would you take profit and stay cautious ahead or hold till the year-end?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":359154522288208,"tweetId":"359154522288208","gmtCreate":1728692178577,"gmtModify":1728692253075,"author":{"id":4120382896042882,"idStr":"4120382896042882","authorId":4120382896042882,"authorIdStr":"4120382896042882","name":"DavidMarlin","avatar":"https://community-static.tradeup.com/news/4f415c3ff5550e60135034b2936557a9","vip":8,"userType":8,"introduction":"NYC Equity Trader | SF Quant HF Adviser | CEO of Marlin Capital | Not Investment Advice.","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":233,"starInvestorFlag":false},"themes":[{"themeId":"8b4d9285fb8d4567953b94e00cbcc6be","categoryId":"7a15628ce2174325bddc6229505e0d70","name":"Take Profit as S&P Hits 5800 or Hold Till 6000?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":8b4d9285fb8d4567953b94e00cbcc6be}&rnconfig={\"headerBarHidden\": true}","description":"As the stock market hits record highs more than 40 times this year, there are concerns that history might repeat itself and another financial crisis could occur. \n----------------\nWill S&P 500 hit 6000 by year-end as institutions predict?\nWould you take profit and stay cautious ahead or hold till the year-end?","image":"https://community-static.tradeup.com/news/5597f13cf0ea1ca329b86c0fa5ae89aa"}],"images":[{"img":"https://community-static.tradeup.com/news/f544d2c9bc8e2253963c142cc8ee3d60","width":"680","height":"392"},{"img":"https://community-static.tradeup.com/news/cf6517291614b6a4384fa6abbda88142","width":"552","height":"189"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/f544d2c9bc8e2253963c142cc8ee3d60","width":"680","height":"392"}],"title":"$SPX October Trading Low Amid Election Uncertainty","extraTitle":"","html":"<html><head></head><body>It is not typical to see the <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\"S&amp;P 500\" href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> rally into Election Day when the polls are this close. Trading activity has been very low so far this October, suggesting many are in “wait and see mode” with Q3 earnings and the election on deck.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/f544d2c9bc8e2253963c142cc8ee3d60\" tg-width=\"680\" tg-height=\"392\">ImageBig day for Small Caps with the <a data-mention-id=\"IWM\" class=\"teditor-mention\" data-mention-name=\"iShares Russell 2000 ETF\" href=\"https://ttm.financial/S/IWM\">$iShares Russell 2000 ETF(IWM)$</a> closing +2%BIGGER day for my Top 6 Small Caps picks: 5/6 finished up over +7% on the day!The <a data-mention-id=\"RTYmain\" class=\"teditor-mention\" data-mention-name=\"E-mini Russell 2000 - main 2412\" href=\"https://ttm.financial/FUT/RTYmain\">$E-mini Russell 2000 - main 2412(RTYmain)$</a> is flat since I released my top 6 picks. The sustained Bull Run for Small Caps hasn’t even started yet. Remember what I said…FORTUNES.<img src=\"https://community-static.tradeup.com/news/cf6517291614b6a4384fa6abbda88142\" tg-width=\"552\" tg-height=\"189\"></body></html>","htmlText":"<html><head></head><body>It is not typical to see the <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\"S&amp;P 500\" href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> rally into Election Day when the polls are this close. Trading activity has been very low so far this October, suggesting many are in “wait and see mode” with Q3 earnings and the election on deck.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/f544d2c9bc8e2253963c142cc8ee3d60\" tg-width=\"680\" tg-height=\"392\">ImageBig day for Small Caps with the <a data-mention-id=\"IWM\" class=\"teditor-mention\" data-mention-name=\"iShares Russell 2000 ETF\" href=\"https://ttm.financial/S/IWM\">$iShares Russell 2000 ETF(IWM)$</a> closing +2%BIGGER day for my Top 6 Small Caps picks: 5/6 finished up over +7% on the day!The <a data-mention-id=\"RTYmain\" class=\"teditor-mention\" data-mention-name=\"E-mini Russell 2000 - main 2412\" href=\"https://ttm.financial/FUT/RTYmain\">$E-mini Russell 2000 - main 2412(RTYmain)$</a> is flat since I released my top 6 picks. The sustained Bull Run for Small Caps hasn’t even started yet. Remember what I said…FORTUNES.<img src=\"https://community-static.tradeup.com/news/cf6517291614b6a4384fa6abbda88142\" tg-width=\"552\" tg-height=\"189\"></body></html>","text":"It is not typical to see the $S&P 500(.SPX)$ rally into Election Day when the polls are this close. Trading activity has been very low so far this October, suggesting many are in “wait and see mode” with Q3 earnings and the election on deck. Image Big day for Small Caps with the $iShares Russell 2000 ETF(IWM)$ closing +2% BIGGER day for my Top 6 Small Caps picks: 5/6 finished up over +7% on the day! The $E-mini Russell 2000 - main 2412(RTYmain)$ is flat since I released my top 6 picks. The sustained Bull Run for Small Caps hasn’t even started yet. Remember what I said…FORTUNES.","highlighted":1,"essential":1,"paper":2,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/359154522288208","repostId":0,"isVote":1,"tweetType":1,"viewCount":96,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[".SPX","IWM","RTYmain"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":478,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/359154522288208"}