Shares of Qualcomm (QCOM) have risen 57% over the past six months, besting not only the 12% rise of the S&P 500 index, but also the VanEck Vectors Semiconductor ETF (SMH) which has also risen 12%.
Prior to Tuesday’s Ant Group stunner, Alibaba (BABA) stock was on fire and on its way to a strong year, rising 60% in the past six months, outperforming its U.S.-based rival Amazon’s (AMZN) 31% rise.
Despite hopes for a clear decision, we are exactly where many expected - waiting for ballot counting in several key states that will determine the winner of the 2020 presidential election.
Topics Include Updated support and resistance levels for the S&P 500, neighboring technical movements on the eve of the U.S. Presidential Election, and insights on the fresh seasonally strong period
Even though U.S. equities are poised to move higher, we wouldn’t be surprised to see the day’s trading end little changed as investors anxiously await not only the 2020 presidential election results but also the U.S. Senate
We’re almost eight months into a viral pandemic that has turned our world upside down. Mandated social isolation brought businesses to a halt. Many sales and marketing meetings and events became obsolete overnight.
Under the skin of many businesses with some sort of product to move, there is a network of veins and arteries, stocking and delivering this product to customers, warehouses and distributors.
If you are anything like me, the overwhelming feeling you have at this point about the election is the kind of fear that leaves an empty feeling in the pit of your stomach. We are afraid of losing money due to market volatility and maybe even a collapse once the election is over.