OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Sentiment trader chimes in….

Posted by Richard640 @ 10:10 on November 5, 2020  

Yesterday The S&P 500 closed up more than 2%. On the NYSE, there was more volume in declining securities than advancing ones. That’s never happened before.

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When the S&P 500 rallied the day after a presidential election, it was higher 3 months later 90% of the time by an average of +4.4%. 
 
When it dropped the day after, then it was higher 3 months later only 50% of the time with an avg return of -0.9%. 
 
Read into it what you will.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.