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Gold/Mining/Energy : Gold Price Monitor
GDXJ 105.34+5.2%4:00 PM EST

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To: ItsAllCyclical who wrote (112807)11/6/2020 4:46:11 PM
From: Rarebird   of 116767
 
Just about everyone expected the Market to tank if the election was contested. But the opposite occured and the market surged.

Market sees divided government with Biden as President and Senate Republican with House Democrat.

Next couple weeks is seasonally modestly down.

Some stimulus will happen, but not as much as Dems want. Market is not worried. Lots of noise.

Whether he concedes or not, Trump lost election and will be out by Inauguration Day.

Focus on the Intermediate term and the huge rally next year into 2023. Don't get so caught up in the political hype when it comes to taking good positions. Good stocks have a way of doing quite well.
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