You staying out because of the election?

Discussion in 'Trading' started by Smart Money, Nov 5, 2018.

  1. You think APPL or GOOG or WMT give a @#$% who is in Congress
     
    #11     Nov 5, 2018
    d08 and zdreg like this.
  2. zdreg

    zdreg

    you make money from big price movements not from light vs.heavy trading.
     
    #12     Nov 5, 2018
  3. Turveyd

    Turveyd

    But low volume, is like a low resolution picture, you lose the detail. it's just price is XXXXX then a pause and your thinking, issue, then jumps 8pts, where as normally it's moving 10 times per second small amounts and I can see, it's moving up slowly then dumping quickly so all sellers and I aim to join them, with a 10second gap between moves, just not possible :(
     
    #13     Nov 5, 2018
  4. Palindrome

    Palindrome

    Republicans maintain the house, no idea what that means for the market tomorrow.

    Very low probability Dems win the house.
     
    #14     Nov 5, 2018
    Buy1Sell2 likes this.
  5. zdreg

    zdreg

    I understand.
     
    #15     Nov 5, 2018
  6. sss12

    sss12

    Where it could get interesting is if the Dems DO NOT flip Congress as expected, and Rep hold Senate as expected.

    So Rep continue to hold both sides....more Trump stimulus in 2019 equals higher rates.

    note/fwiw: view per CIO of major BD
     
    #16     Nov 5, 2018
  7. maxinger

    maxinger

    Absolutely no reason why you should stay out
    before election,
    during election, or
    after election.

    Because everyday is a good trading day.
     
    #17     Nov 5, 2018
    cvds16 likes this.
  8. You gotta be careful though.
    Last week the Dow moved 250 points ( or so ) and 125 of those points were related to Boeing Airlines falling 25 points. One stock can make the DJI move disproportionate to the rest of the market......

    Unless you are following ES and then it doesn't matter.
    I don't recall the volume though.

    I bet Tuesday will be light trading......but Wednesday will be interesting.
     
    #18     Nov 6, 2018
  9. Turveyd

    Turveyd

    SLOW again, got lucky on that DAX and US30 downtrend extension so making book, but likely calling that a day.

    Bloody americans and there stupid over the top election system.
     
    #19     Nov 6, 2018
  10. newwurldmn

    newwurldmn

    Only in that they have to redirect their campaign contributions.
     
    #20     Nov 6, 2018
    speedo and El OchoCinco like this.