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.