Election Week
While millions of Americans have already voted, election day is tomorrow. The outcome of this election will have massive repercussions on the stock market.
The two administrations are wildly different, thus sectors stand to benefit or lose depending on who is elected.
Expect wild volatility this week.
Also recognize that the election is likely not a one day event. It is unlikely a winner will be decided tomorrow night due to how tight the race is expected to be and the amount of counting that needs to happen in swing states.
Trading Strategy
Right now, short-term trades are king.
Don’t go into today or tomorrow looking to be a hero.
Don’t trade based on what you think is going to happen.
Trade based on what actually happens and how the market reacts to it.
For those of you that are part of the Alpha Chasers Community, I put together a watchlist of names that stand to benefit based on a Democratic win and a Republican win. You can use this as a cheat sheet once we have the election outcome.
For everyone else, watch the video below and join the community so you can nail post-election trades with us!