All eyes will be on the presidential debate this evening at 9 PM, Eastern Time. We expect the markets will be little moved until after the first debate.
According to our poll yesterday, it would appear that Ben Bernanke has more power over the markets than both Pres. Obama and presidential challenger, Mitt Romney.
As an independently registered voter, I take my vote very seriously. I always do as much research as I can on both candidates. This video link on President Obama found its way into my mailbox. I found it very interesting and wanted to share it and I believe no matter what your political persuasion it is worth watching. If you have any interesting videos on Mitt Romney, feel free to share them with us.
Be sure to watch the debate tonight.
QUICK TAKE ON THE MARKETS:
EQUITIES: We are sticking to our Trade Triangle analysis and we have an upside target of $1,550 on the S&P 500 sometime next year.
CRUDE OIL: Mixed picture here, while the long-term trend remains positive for crude, the intermediate-term trend remains negative according to our Trade Triangle technology.
EURO: Our Trade Triangles are saying that we are in a bull market for the Euro.
GOLD: All Trade Triangles are green and are bullish on gold.
COPPER: All Trade Triangles are green and are bullish on copper.
SILVER: All Trade Triangles are green and are bullish on silver.
WILD CARDS: “The Fiscal Cliff”, Europe, and the Middle East.
Now, let’s analyze the major markets and stocks on the move using MarketClub’s Trade Triangle Technology.
Click Here to view today’s video
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