Global stock markets are mixed this morning as investors and traders wait for the results of the run-off election for senatorial seats in Georgia, which will determine whether Republicans will retain control of the Senate.
Some are concerned that a Democratic Senate could lead to higher tax rates for citizens, harsher regulations on businesses and other probable profit-limiting changes. All three of these things could potentially put more pressure on the market.
And that sounds about right, folks…
In today’s video, I have more on how yesterday’s election is impacting the stock market… which index will lead and lag… why FANG stocks have been lagging behind the overall market… which U.S. Federal Reserve report could influence investor sentiment this week… and one low-risk trading idea based on relative strength and pattern recognition.
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