Election Correction | SPX Market Analysis 3rd Nov 2024

Ahoy there Trader! ‍‍⚓️

It’s Phil…

As we bid farewell to one trading week and wave hello to the next, we stand at the brink of exciting opportunities! This coming week has explosive potential waiting to be unleashed.


This Proven 3-Step “10 min/Day” 6-Figure Unconventional Recession Proof SPX Income System Unlocks $500-$5,000+ Days FAST! …

>> Watch Here


Elections, like wild stallions, often lead to tumultuous price movements. Typically, we see a corrective dip due to political uncertainty before the market kicks into high gear. This could mean a solid bullish trend leading us towards the end of the year and beyond, once political clarity emerges.

For now, I’m flat at the start of the week, but I’m on the lookout for trading opportunities that align with this expectation!


Fun Fact

Did you know that the stock market often reacts to election outcomes? In fact, historical data shows that the average stock market return during the three months following an election is about 7.4%.

This phenomenon can be attributed to the market’s anticipation of policy changes that come with new leadership. Investors often adjust their portfolios based on expected economic policies, tax changes, or spending programs. Thus, the uncertainty before elections usually creates volatility, but once the dust settles, the market tends to rally. It’s like a rollercoaster ride that ends with a celebratory hands-in-the-air moment!


 

Happy trading,

Phil

Less Brain More Gain

…and may your trades be smoother than a cashmere codpiece

 


Other Content From AntiVestor