Judyjudejack
11-05
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  


The US elections will end soon. And due to the uncertainty of a clear victor, we can see a major sell off across board from the smart money.


There will be huge volatility starting tonight and anything can literally be a trigger to movements as the stock market is very "news" sensitive. The saying , " buy the rumours and sell the news" is ringing in everyone's ears on wall st.


That aside, while the uncertainty looms over the US Market, there are alot more certainty for the "bulls" to reach over to the Chinese market where companies are severely undervalued.


So the rational and practical action would be to take the liquidity and equity out for awhile from the US market, ( 10 year yields are the push ) and to park it temporarily with the chinese or over in Hang Seng.


Many have yet to properly decipher on the most immediate action of Trump/ Harris

- Ukraine War 

- Middle East conflict

- Chinese Trade War

- Chips

- Trade deficits

- Bonds

- Fed Budget Deficit

- Fed Spending.

All we know is, it's a tight race, and there is a high probability where it'll be a split government and alot of drastic actions will be taken.

also, there could also be alot of "internal sabotages " to prove a point. Be it the Democrat or the Republican.


Thus, that supports, the argument of selling while it's still somewhere at the top.

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Comments

  • Mikinyaa
    11-06
    Mikinyaa
    trump trade is winning
  • flipzy
    11-05
    flipzy
    Interesting insights
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