We Shall See

By Tim Knight

Well, let’s take one last look at what the odds are saying about the election today. I guess we’ll know in about 16 hours or so where things really wound up.

Over the course of time, it certainly seems like the odds have been strengthening for the Dems. You wouldn’t know it from a lot of the news out there, though. Depending on where you look for the news, it’s either going to be a huge red wave, a huge blue wave, or no wave at all. No one seems particularly interested in data. Just conjecture.

As a simple chartist, all I can say is that the ES isn’t exactly screaming “bull market” to me. And, to be clear, I don’t have any particular outcome in mind for the GOP or the Dems. I honestly care very little. The only colorful wave I want to see is a red one, and by that I mean the net price changes on the screen Wednesday morning.

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Gary

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