The Dow is up, the NASDAQ is down. A good indication there is no change of investor sentiment, the slow drift/downtrend remains in progress. This sentiment will remain probably until the results of the election are in. Stay short and the biotech’s, gold stocks are showing good strength but not excessive strength. These market conditions warrant be in very selective for maintaining any positions in the portfolio, long or short.
November 4th Daily Market Comments
The Dow is up, the NASDAQ is down. A good indication there is no change of investor sentiment, the slow drift/downtrend remains in progress. This sentiment will remain probably until the results of the election are in. Stay short and the biotech’s, gold stocks are showing good strength but not excessive strength. These market conditions warrant be in very selective for maintaining any positions in the portfolio, long or short.