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Market Update - October 30, 2020

Posted by Daniel Iuculano on October 31, 2020 - 12:04pm


Market Update - October 30, 2020

 

Another week of declining stock prices as all of the four major indices took a dive this past week and the overall market was down for the month of October.

With the elction just days away, it appears to be prudent, investors should stay clear of any purchases until at least the final outcome of the election has been decided.

Expect a lot of market movement in the coming weeks.

The current trend of the market is down, selling option calls is recommeded, however wait a week or two to see if the trend continues downward before making any trades.

Dan

Caleb Mpamei Thank you for the update, Dan.
October 31, 2020 at 7:09pm