Weekly Review: Awaiting The Elections (Read for Fundamentals)
Close to the elections (3rd November)
1. American Election - Tension
2. Stimulus Package – Only positive impact
3. GDPs – 3rd Quarter (slightly better than give some confidence)
4. 3rd Quarter Companies’ earnings – so far, they´ve been good (mostly in tech)
The logic thing would be for investors to keep taking profits ahead of elections and increased volatility.
- What I expect will be small lateral moves, more inclined downside if anything, best option is to wait on the sidelines to see what happens in the elections.
1. American Election - Tension
2. Stimulus Package – Only positive impact
3. GDPs – 3rd Quarter (slightly better than give some confidence)
4. 3rd Quarter Companies’ earnings – so far, they´ve been good (mostly in tech)
The logic thing would be for investors to keep taking profits ahead of elections and increased volatility.
- What I expect will be small lateral moves, more inclined downside if anything, best option is to wait on the sidelines to see what happens in the elections.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.