Well there is a tendency for stock markets to weaken from a September high into a post election low before running higher into the Christmas followed by a corrective dip into the new year.

Republican wins tend to be better for the markets than Democrat, so if the pattern repeats and Biden wins then we are likely to see a subdued stock market into Christmas, likely below the Mid October high as the market marks time ahead of inauguration day. So no all time high anytime soon. Whilst if Trump wins then it's off to the races, Dow 30k by Christmas!

This analysis is an excerpt from my latest in-depth analysis that concludes in a detailed trend forecast for the stock market into January 2021.

Stock Market Trend Forecast into January 2021, Final Election Forecast Matrix

Stock Market Big Picture
Dow Short-term Analysis
Dow Long-term Trend Analysis
VIX Analysis
2020 vs 2016 and 2012
ELLIOTT WAVES
Seasonal Trend / Election Cycle
Dow Stock Market Trend Forecast Conclusion
US Presidential Election Forecast Matrix Final Update
AI Stocks - AMD is Killing Intel

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Nadeem Walayat

http://www.marketoracle.co.uk

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

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