Yesterday, I could see that the equity markets were a little top-heavy; we had moved a bit too much to fast over the past week. I'm expecting continued movement lower over the next couple of days as the election nears. I'm expecting a pull-back to the recent bottom of the market. But, this should be minimal and the recent moves higher will eventually be taken out for new all-time highs.
However, the caveat to this is a bungling of a new stimulus package and perhaps anything new with the COVID developments. It would appear that the new infections are removing any hope of a vaccine as the virus morphs as it moves around. Maybe this virus will be with us for decades?
US500
However, the caveat to this is a bungling of a new stimulus package and perhaps anything new with the COVID developments. It would appear that the new infections are removing any hope of a vaccine as the virus morphs as it moves around. Maybe this virus will be with us for decades?
US500
