koolgal
08-14 15:31
🌟🌟🌟The US Mid Election: Are you trading the pre election bump or sitting tight & waiting for post November stretch?

Strategy A: Hunting the Bump

This historical bulls will point out that the ruling party loves to sprinkle policy sugar all  over the economy in late summer & early autumn.  They would do anything to make voters feel wealthy going into the booths.

Breaking news: Trump is weighing a major massive investor tax break: indexing Capital Gains Tax to inflation & expanding exemptions for primary home sales.

If this happens, the stock market is likely to go up.

Strategy B: Wait for November stretch

Ignore the political theatre entirely & wait for the post November clearing when there is more certainty in the market.  The market does not like uncertainty.  Regardless who wins, a massive wave of relief would sweep through the market.

No matter what happens I will stay invested as the market tends to go up long term.

@WallStreet_Tiger @Tiger_comments @TigerStars

Modified in.08-14 17:49
CPI and PPI Both Cool β€” How Much Further Can U.S. Stocks Run?
S&P 500 +0.65% to a record 7,798.99, through 7,800 intraday; Nasdaq +0.81%, QQQ +1.16%, Dow +0.13%. Soft inflation did it: July CPI 3.4% YoY and 0.1% MoM, PPI at 4.2% against 4.9% expected and 5.5% prior, pushing the odds of an extended Fed pause higher. Burry disclosed a bigger QQQ put position, positioning for "a larger leg down," while desks warned against chasing into the next earnings cycle. Add to tech, rotate into gold and defensives, or wait for earnings?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment
11