It’s a day like no other. For the first time in electoral history the President of the United States has come down with a pandemic infection. The coronavirus has no boundaries. No one is truly safe.
But what does Donald Trump testing positive for the coronavirus mean for the stock market and investors?
There are a lot more questions than answers. When there is a high level of uncertainty into what is going to unfold next, the stock market is just as unpredictable. The S&P 500 is trading between its 50- and 200-day moving averages, which indicates a limbo zone — where stocks can go up, down or even sideways… Unless we receive a definitive direction, the markets will most likely hold in a wait-and-see pattern.
For some clarity, there is an indicator you can look at to gauge the direction of investor sentiment as we move closer to the election. An indicator that shows clear signs into who investors believe will be the next president of the United States.
An indicator that highlights certain sectors and stocks that are going to explode higher… depending on which candidate emerges victorious…
Watch the full interview to learn the No. 1 indicator investors should use as Election Day approaches.
Written by James West.