Hey, Ross here:
We all know what the big news this week will be.
So, for today, let’s explore how the election will likely affect stocks.
We’ll begin by looking at volatility.
Chart of the Day
This is the CBOE Volatility Index (VIX).
Right now it’s at some of the highest levels seen this year – well below the August spike, but roughly in line with the early September and October pullbacks.
The market is currently pricing in a Trump victory.
That means, as Kamala’ odds increase, we’ll likely see volatility increase as well.
And if Harris does pull it off?
Don’t be surprised if we see a sharp surge in volatility.
But as I explain below, this is not necessarily a cause for concern.
Insight of the Day
You should stay long in the stock market no matter who wins tomorrow.
As I said, the markets are pricing in a Trump victory – just like they were pricing in a Clinton victory back in 2016.
In 2016, many thought stocks would crash if Trump won.
And while they did sell off in the first hour after he won, they came ripping back to record highs until COVID hit.
So, if Trump wins, the bull market will likely continue to chug along without much reaction in the indexes.
But if Kamala wins, we will likely see an initial negative reaction that will subside faster than most expect.
At the end of the day, the United States economy will likely thrive for decades to come.
We have had some very good presidents over the years and some very poor ones.
But markets have continued to march higher.
The longest bull market ever which took place from 2009 through 2020. Most of that transpired under a Democrat president.
He didn’t do any favors for corporate America, but investors fared just fine during his terms.
I am heavily long the stock market and will remain so through next week.
I suggest you do the same.
And remember, in this case, a surge in volatility is a good thing…
Because it gives us a chance to position ourselves in the most explosive stocks at better prices.
That’s why tomorrow morning at 11 a.m. Eastern…
I’m going LIVE for a special “Election edition” masterclass…
Where I’ll reveal my top strategy for taking advantage of the heightened volatility swirling around right now.
The key is the FIRE Pattern, which you could have used to bank gains like 70% in 9 days, 140% in a few months, and 340% in under two months during previous volatility surges this year.
After tomorrow morning’s masterclass, you’ll know:
- Exactly how to spot the FIRE Pattern in any stock
- How to distinguish the real FIRE Pattern from the dangerous “pretenders”
- The precise moment to position yourself in the pattern for maximum gains
The election has opened a huge opportunity window.
But it’ll slam shut very soon – so don’t miss it.
Click here to save your spot for my live “Election edition” masterclass…
And I’ll see you at 11 a.m ET tomorrow morning.
Customer Story of the Day
“I appreciate TA’s thoroughness.
The weekly classes are so helpful and they don’t mind repeating the information and answering the questions to help us get a better understanding of the information.
I was able to recoup the initial costs within a month of signing on with the direction they provided.
Thank you so much Ross and company for all your hard work.”
Ross Givens
Editor, Stock Surge Daily
