Morning Ideas November 5, 2020
More clarity on the election here, as it looks like it's going to Biden.
Keep an eye on VIX today, if it continues to get squashed, we will likely continue moving higher.
I, however, am skeptical. We are at the high end of the range we have been trading in since the beginning on September so I would be careful just blindly buying here.
Things can still change, as Trump is giving an emergency speech in Las Vegas at 1130 eastern today, so that is something that you want to keep an eye out for.
Keep an eye on VIX today, if it continues to get squashed, we will likely continue moving higher.
I, however, am skeptical. We are at the high end of the range we have been trading in since the beginning on September so I would be careful just blindly buying here.
Things can still change, as Trump is giving an emergency speech in Las Vegas at 1130 eastern today, so that is something that you want to keep an eye out for.