How are people trading the 2024 US election?

Login

This topic has 2 replies, 1 voice, and was last updated 1 day ago by Christian Harris.

Creator

Topic
November 5, 2024 at 07:23 #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 😊

Reply
Creator

Topic

Viewing 0 reply threads

Author

Replies
- November 5, 2024 at 12:27 #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.
  Reply
  - November 5, 2024 at 12:34 #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.
    Reply
Author

Replies

Viewing 0 reply threads