26 replies to this topic

[redfoliage2]

US market today is having a side-effect from the overnight the Chinese Shanghai index that dropped almost 3% due to rising USD.

Edited by redfoliage2, 18 October 2018 - 09:22 AM.

[redfoliage2]

Regarding the pressure on the market from the upcoming mid-term I think the market will soon realize that a politically balanced power in Washington should be better for the economy and for the market than an unbalanced power.

Edited by redfoliage2, 18 October 2018 - 09:28 AM.

[redfoliage2]

At Neutral now.........................

[12SPX]

Regarding the pressure on the market from the upcoming mid-term I think the market will soon realize that a politically balanced power in Washington should be better for the economy and for the market than an unbalanced power.

so good for the market?

[redfoliage2]

 

Regarding the pressure on the market from the upcoming mid-term I think the market will soon realize that a politically balanced power in Washington should be better for the economy and for the market than an unbalanced power.

so good for the market?

 

Objectively yes.  If the democratic wins the House and Republican controls the Senate then the political power in Washington is balanced and should be better in checking up the wild political moves that put the investors in constant worries about the economy and the market.  I bet soon or later the market will realize this instead of just following the media hypes...............

Edited by redfoliage2, 18 October 2018 - 10:00 AM.

[redfoliage2]

The signal currently at Neutral.

But a crash is possible.

Edited by redfoliage2, 18 October 2018 - 01:28 PM.

[redfoliage2]

But there is an equal probability that the market bounces up big for the monthly OpEx tomorrow.

Edited by redfoliage2, 18 October 2018 - 01:44 PM.