Every year at Thanksgiving and Christmas we make a donation to the local foodbank. We suggest to our readers that they do the same. Hunger is never attractive, but it is especially distressing at these seasons.
Here is a link to take you to the central foodbank:
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464
9 days of lower closes? The beginning of the end? The end of the beginning? Pre-election jitters?
Given that contrarians still have firm control of the market we expect that they will take their short profits and go long when they reach a point where they think the market oversold, and we suspect that point is not far off. It works out to the ususal tactic: waiting. Adroit and experienced traders might be able to hedge and play the waves but that’s a high risk tactic. Just be patient. Enjoy the election and wait for clear signals.