The big issue looming over the market isn't earnings or stimulus but whether the election is going to be as chaotic as many fear.
Several sessions over the past 10 days have seen increased trading volume at the NYSE, but not the Nasdaq, and for the S&P 500, but not the Nasdaq Composite. Is this professional risk reduction?
An extended stock with slowing momentum is not a good combination.
Right now there are several ways to play this.
Here's when you make your move and start buying.
There are no signs that a major market reversal is about to begin.
Traders have to know not only if one of their holdings is reporting, but also if an influential name in the sector is reporting.
Diagnostics revenue grew an impressive 38% due to the necessity of Covid-19 testing.
I expect the indices will jump around again soon on news about fiscal stimulus.
Potential cautionary signals leave little room for disappointment.