Off the Charts
This is our first "Off the Charts" newsletter since Hurricane Sandy hit. It has not been an easy week for many, and the full extent of the damage left by this devastating storm isn't even yet fully known. We at T3Live extend our thoughts and prayers to everyone affected by this awful event as we all attempt to clean up from the aftermath together. We will continue to provide market analysis in a timely fashion from this point onward, even though our offices are still without power.
Many jitters could still be felt when the markets reopened Wednesday morning. While that trading session was relatively muted, the markets enjoyed a nice, strong session Thursday that we hope will set the tone for more strength ahead. We now approach the end of what has been a very tumultuous week, and the presidential election lies just ahead. Markets don't like uncertainty, and with all the polls showing a very tight presidential race, uncertainty is what we are looking at until Tuesday night at the earliest. So, while Thursday's market action was positive, we will need to see more constructive evidence build in the coming sessions before we can say with conviction that the corrective period is over....748 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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