good point , wind brings another factor, add the slope change - guessing game............ see the shot, trust it and swing.... nevertheless, on that hole.... its take out an arturo fuente, light her up and enjoy the beauty :toast:
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ES futures open in under an hour As I said with , personally, no way can hold a sizeable trading position over the weekend with this simulus nonsense dangling. No news over the weekend , see what Monday brings...the little bug is running rampant as the planet appears set to go into panic mode. We shall see. The QQQ candle prints thursday and friday r bullish-- back-to-back bullish pin bars off the 50 sma, that's fucki green light in a normal setting . from the chart, obviosly a loss of the lows of those 2 pin bars is not good, it would also take out the 50 sma, lots of stops would be triggered
the VIX put:call ratio ROSE over the last week, hmm.......market expecting LESS VOLATILTY. Waht's going on? ...maybe a decisive win is around the corner. Will be interesting to watch this metric in the upcoming week
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sectors/stocks that should be rewarded following election,,,,have looked at a few articles ..............thoughts? ;
1. Trump win
- cant see China/USA relations smoothening lol. Further tensions is more likely. If China decides not to be pushed around, very likely, US agrilculture stocks may be in harm's way.
- conventional energy/OIL : has BEEN HAMMERED as folks likely getting atta dodge in anticiaption of a Biden clean energy wave. Could see an immediate rebound in oil stocks
2. Biden win
-clean energy all day long . Main etf ICLN. Individual stocks really dont know......................EV area also may run, more fuel for iconic TSLA. WKHS another to look at
- china/emeging markets - less trade tensions play
-Cannabis : main etfs; MJ (BY FAR the largest ), YOLO....individual stocks dont really know, certainly CGC one to look at
(-SPY-equal weighted ETF may be more prudent than market weighted )
- healthcare: he's promising some kinda of medicare-like govt option plan? stocks; UNH , CNC (etf players - IYH)
copy/paste;
United Healthcare is particularly well placed because it specializes in Medicare supplemental plans. If Biden is successfully in providing a Medicare-type solution, there will be enormous demand for supplemental plans.
"With respect to Democrat Presidential Nominee Joe Biden's Medicare expansion proposal, (Avalere Health founder Dan Mendelson) estimates that nearly 23 million individuals would be newly eligible for Medicare," write Credit Suisse analysts.
infrastruture- should be good if either wins, but from what im reading likely more fuel in a Biden win? ........ To look at: CAT, SUM, MLM. plenty of etfs for infrastructure/indistrials , but got to look under the hood, havent yet.