SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : News Links and Chart Links
SPXL 213.12-0.1%Nov 14 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Les H who wrote (26144)10/31/2020 3:31:10 PM
From: Les H1 Recommendation

Recommended By
Sam

  Read Replies (1) of 29596
 
Conclusion

I believe the market is manipulated. It began in the late 1980’s with what was known as the Greenspan put. The Fed would lower interest rates whenever there was weakness in the market. Now, with interest rates at 0% the Fed has to be more creative. They are now buying corporate securities and even Junk Bonds.

Trump has taken credit for the rising market and along with that assumes responsibility for a falling market.

Trump appears to be comfortable enough with his chances for victory in the election that he can let the market get oversold just before the election. This way, if he wins there is likely to be a rally that he can take credit for and if he loses he will blame Democrats for the falling market.

The strongest sectors last week were Banks and Biotech the weakest were Retail and Precious Metals.

I expect the major averages to be higher on Friday November 6 than they were on Friday October 30.

Last week's positive forecast was a miss.

November

Since 1963, over all years, the OTC in November has been up 72% of the time with an average gain of 1.6%. During the 4th year of the Presidential Cycle November has been up 71% time and, on average, has had no gain or loss for the month. The best November ever for the OTC was 1999 (+12.5%), the worst 2000 (-22.9%).

talkmarkets.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News