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Potential items for upcoming market insight:
1. Friday was the 7th trading day before the elections. Since 1960, the
S&P 500 has risen from that day to the close of election day 8 of 11
times.
2. This coming Monday will be the 6th trading day before the elections.
Since 1960, the S&P 500 has risen 9 of 11 times from that day to the
close of the election day.
3. Couple the above with what appears to be an oversold market which
could be coiled for a rebound may yield re-inforcement to this
historical review.
4. And lastly, if the price of Crude Oil has some profit taking, that
too will bode well for an upturn.
In all, a rising tide could raise a lot of ships.
Sincerely,
John
Home of The Money Making Machines
www.themoneymakingmachines.com
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