• The Opening Print
  • Posts
  • Market in the Ring: Navigating the Choppy Fight as Election and Rate News Loom

Market in the Ring: Navigating the Choppy Fight as Election and Rate News Loom

Follow @MrTopStep on Twitter and please share if you find our work valuable!

Editor's Note:

As we continue refining and enhancing our content, we’d love to hear your feedback! Please let us know what you enjoy most about the newsletter and where we can improve. Your insights are invaluable in helping us deliver the best possible experience.

You can reach us easily by replying to this email, and we encourage you to forward today's email to colleagues or friends who might find value in our insights. Thank you for being part of our community—we look forward to hearing from you!

Our View

I’m so tired of hearing about this election, but the question is whether the stock market will take a hit. I don’t know for sure; the ES had a hard fall, a big bounce late on Wednesday, rallied on Globex, and continued into Thursday’s session. What does all that add up to? A five-hour sell-off, that’s what. Right now, the ES is going in circles. If the NQ moves up, the ES will follow, and the same goes if the NQ drops, but the trend doesn’t seem to hold. Going into the election, I think 'less is better.' One thing’s certain: markets will be lively on the evening of November 5th!

Subscribe to keep reading

This content is free, but you must be subscribed to The Opening Print to continue reading.

Already a subscriber?Sign In.Not now