Thursday, November 10, 2016

On The Sidelines After Trump Rally

*We had a nice run. Post elections reality may now set in.
*After a nice jump we wanted to move to the sidelines.
*We'll review some market nagging factors that have a similar recipe as we had going into 2016. Plus there are a few more.

On October 27th we wrote, "Stock Market Should Launch After Elections." We said, "We expect the market to lift and maybe launch, potentially on eithercandidate winning." We liked the fundamental factors at the time. Yesterday at 9:32 am we expected a "Trump Rally." We said, "There could be a short squeeze coming." Still, Trump was not the winner that many major investors thought would be best for markets. Premarket today we said, "Fed Speech Tomorrow Can Peak Markets." We think there is more going on than just that. We are not ready to short but we wanted to step aside given a confluence of factors and evaluate.

Free Two Week Trial: Pro Trader On Seeking Alpha
  • Click here for a free trial or send us a direct message to find out more.
  • Catch multi-week moves in S&P, Gold, Oil, Bonds, Stocks, and more


Disclaimer: All investments have many risks and can lose principal in the short and long term. This article is for information purposes only. By reading this you agree, understand and accept that you take upon yourself all responsibility for all of your investment decisions and to do your own work and hold Elazar Advisors, LLC and their related parties harmless. 



#in, $spy, ^GSPC, INDEXSP:.INX, #elazaradvisorsllc, CME Globex: ES Disclosure: These trades can lose you money and principal especially when using leverage BY USING THIS SITE YOU AGREE TO TAKE ALL RESPONSIBILITY FOR YOUR OUTCOMES AND LOSSES AND HOLD ELAZAR ADVISORS, LLC AND ITS RELATED PARTIES HARMLESS