The market is in fear mode due to US election. Nothing is going to move this burden of worries anytime soon, no matter how good SXY is. Just keep accumulating when the market crashes, nothing is going to beat the cash from this company in the long run.
the us election will bring positive trend tosharemarket in 2 ways in current sea of negative sentiments
Biden win all senate and lower house then bigger stimulus is coming.
Biden win will make compromise gestures with China hence improve world trade.
other than these, the medium term western economy outlooks are already underwater and in no hurry to change. More debt, more trouble!
if Trump wins, all hells break loose. Good luck to human race!
The market is in fear mode due to US election. Nothing is going...
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