How are people trading the 2024 US election?

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  • #193934 Reply
    TheWofl

      What trades do you all have in place or planned following the presidential election? Are you purely trading off charts or do you have anything else cooking? Sharing is caring 😊

       

       

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      • #193956 Reply
        Christian Harris
        Participant

          The US election can significantly impact the financial markets, as policy directions, fiscal plans, and economic strategies often shift with new leadership.

          Brace for swings in the market, especially around election day (today) and as the results become apparent. Volatility can present both risks and opportunities, so keep a disciplined approach.

          When Trump won in 2016, the markets dumped and then rallied over the next few days to recover losses.

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          • #193957 Reply
            Christian Harris
            Participant

              to add…. (I ran out of time to edit my comment above)

              A closely contested US election could impact the S&P 500 as investors assess the potential policy implications for stocks.

              During periods of uncertainty, gold may benefit as a safe-haven asset.

              The USD could also experience fluctuations based on anticipated economic policies and concerns about political stability.

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