🚨MARKET SPECULATION LEVEL HAS RARELY BEEN GREATER🚨
Retail traders' activity share in the options market SPIKED to 20% last week, the highest level ever recorded. Retail is piling into options at a much faster pace than during the 2020 retail trading bonanza. Source: Global Markets Investor, JP Morgan Quant
Here's how the stock market has performed following the last 11 Presidential elections
Source: Evan @StockMKTNewz
US Election Cheat sheet
Source: Marc Lehman @markflowchatter
📢 Here's the initial stock market reaction Trump victory:
𝗜𝗻𝗱𝗲𝘅𝗲𝘀 S&P 500: +2.1% $SPX $SPY Dow 30: +2.6% $DJI Nasdaq 100: +1.8% $NDX $QQQ Russell 2000: +5.9% $RUT 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗲𝘀 𝗱𝗼𝘄𝗻 👎 Solar Renewable Energy Electric Vehicles (excl. Tesla) Chinese stocks Cannabis 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗲𝘀 𝘂𝗽 👍 Banks Technology Cryptocurrencies Small caps Most other sectors Source. The Future Investors
"cheat sheet" US elections
By Amundi
Markets are pricing a large move on Nov. 6th
Source: Mike Zaccardi, CFA, CMT 🍖@MikeZaccardi
📢THE MOST IMPORTANT WEEK OF THE YEAR...
👉 In the US U.S. Presidential Election – Tuesday ISM Services PMI – Tuesday Initial Jobless Claims – Thursday Fed Rate Decision – Thursday U.S. Consumer Sentiment - Friday 👉 In the rest of the world BoE on Thursday In China, the NPC Standing Committee meeting will be closely watched for stimulus signals. 👉Earnings Notable earnings reports include Berkshire Hathaway (was Saturday), Palantir, Qualcomm and Novo Nordisk.
Still no dip to buy...
The S&P 500 is in its longest stretch without a 1% daily move over the past 2.5 years. Quiet markets tend to be strong markets and strong markets tend to be quiet markets. Source: Willie Delwiche, CMT, CFA @WillieDelwiche on X
