I know it is all politics, the sky is falling, and other worst-case scenarios but my 33 plus years of experience in markets warn me to be prepared for a GIANT post-election rally. Since I know not exactly when, I am loading up.... It could be I have to wait for it in January but the ideal market path for me is down again until Wednesday or Thursday and then huge move up. I will partially hedge & ride out any losses until the rally is here while I build big LONG positions in LT and RISK portfolio
"Perhaps this is why we’re seeing companies report good results during the current earnings season and then their stocks get sold off anyway. Because people recognize the ground shifting. And the environment these companies produced these third quarter results in – an environment in which the recovery was working, the curve had been flattened and stimulus money was circulating – may not be the environment we’re forced to contend with this winter.
Instead, we’re back to worst case scenarios – a pandemic reasserting itself, millions of unemployed without hope of government assistance and a national political battle the likes of which this country hasn’t seen in decades."
https://www.philstoc...-case-scenarios