Actually do not have a short position, just that I clear my long positions as now at all time high, just worry that might roll over. Anyway, best of luck to all as it may go higher depending on which stocks u holding Miss the amzn as too focus on others
A Republican administration is great for Wall Street, a Democratic Administration is great for Retail Traders. As retail traders, we should not care whether the market goes up or down, just so it moves. But we should care a lot whether there is a level playing field! I have no idea how the election will turn out or what the market will do but i'd be shocked if the Fed did anything that would be harmful to Wall Street or the market right before an election.
have to agree with longhorn, no way will they drop these markets anything more than .75-1% before the elections. The republicans are hoping for this rally to continue into the first week of november than when the democrats win you can get ready for a nice 2-4% dip by middle to end of november....
This is my prediction 0% chance of a cut 75% chance of rates staying at 5.25% 25% chance they raise rates .25 to 5.5%.
As I said yesterday... "If you got a feelin you gotta trade it. That's the best way to put feelings where they belong. Bet the house on a put option well out of the money. You'll be rich and stupid or poor and smart. If you are the former, just keep repeating your actions until you become the latter. Then you can start trading." Well, did you bet the house?
Just tell me when its time to put the second mortgage on the house and go long...... then I'll know its for sure time to sell, but until then, keep climbing that wall of worry.