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Happy Election Day! I think I speak for a lot of us when I say it’ll be a relief to put an end to all those political ads. But for the market, the election is just the beginning of an eventful week. If you’ve been following along, you already know my stance. I expected the market to move sideways heading into this week, holding its breath for two big events — and we’re halfway there with today’s election. Today’s results will start the ball rolling. Then on Thursday, the Fed is set to announce their latest rate decision at 2pm Eastern. That’s the other major piece the market’s been waiting on as it has been wavering and not really doing much. Between the election and the Fed, we should finally get some real clarity and the market might even pick a direction. By the way, if you haven’t already, make sure to register to join me live tomorrow — Wednesday, November 5th @12pm Eastern. I’ll be on with Nate Tucci, Jack Carter, and some other top pros as we break down the market’s reaction to both the election and the Fed. We’ll also be sharing our #1 trade pick for the immediate future. Make sure to reserve your spot now and I’ll see you tomorrow, hopefully with some clarity on the election results. — Geof Smith |
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