US market performance on 08 Nov - Election day. Bull or Bear ?
Looks like Santa rally that appeared out of blue on 03 Nov (Thu) is still a "mini" force to be reckoned with for all 3 boards ytd (07 Nov).
Recap :
DJIA : +1.31% (+423.78 to 32,827.00). Best performer of the day. Will it contd to be the winner today ?
S&P 500 : +096% (+36.25 to 3,806.80)
Nasdaq : +0.85% (+89.27 to 10,564.52).
The 3 boards are "down" overall when compared to where they were at the start of year 2022.
Going into Election Day, how will market perform today Tue (08 Nov) ?
Judging by the Pre-market indicators and also Bitcoin & Ethereum prices as at Singapore time 4:30pm (US 3:30am) - market seems a bit jittery. Will the market run out of "Santa rally" steam today ?
Are investors nervous about having :
Option A. Different combinations of President, Senate and House of Rep
Option B. Same party thru out President, Senate and House of Rep. this time round this option seems most unlikely of outcome.
Option C. President 1 party. Senate and House of Rep the other party.
Which party mix of President, Senate & House of Rep do you think is best for overall smooth running of a country ? "Cast" your vote (for fun) - in Comments section ! LOL.
I might just sit out today as too much things are happening already and the rate of change in Pre-market indicators are all over the place. One moment its in the green zone, next the red; then the green again.
Seems like there is no clear cut directions, at least not to me. Not unless one of my faves ($Deutsche Bank AG(DB)$ , $Apple(AAPL)$ , $Cheniere(LNG)$ dips, I just might seize the opportunity.
Will you sit it out today ? Or are you on the prowl ? Share your action plan in below Comments section ok. Thanks. Please give a "Like" if the post tickles you pink. The rating is important to me. Thanks in advance.
Matching song ? Rule The World by boy-band Take That. Nice Brit-pop tune. Dunno ? YouTube it.
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- WernerBilly·2022-11-09All good today but it may sink tomorrow.4Report
- HarryCox·2022-11-09i have sold out some of shares and started to short today.2Report
- DannDann·2022-11-09Excellent! Good sharing. Thumbs up 👍🏻👍LikeReport
- A.111·2022-11-11👍🏻LikeReport
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- Cody wong·2022-11-09OkayLikeReport
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- 千年老韭菜·2022-11-09goodLikeReport
- Hann Soo·2022-11-09ok1Report