The election campaign between the Democratic nominee, Hillary
Clinton and the Republican upstart, Donald Trump, proved to be one of
the more interesting in recent memory.
This week we have kept to our motto ... Keep It Safe, Simple
and Stay Focused!
As a result, while the market saw significant volatility this week,
we have been able to sleep soundly ... largely, invested in cash in our
three Strategic Investing portfolios.
Meanwhile, the futures market saw violent swings in both price and
volume as Donald Trump was elected the next President of the U.S. and
the Republicans kept their hold on both the House of Representatives and
the Senate while also picking up additional Governor seats.
On Tuesday evening, the Dow Jones futures dropped 923 points or
nearly 5% as it became apparent that the Clinton coronation might not
play out. We had four networks running during the evening simultaneously
looking at the coverage.
It was simply amazing to watch how various pundits and commentators
responded to the evening and early morning vote totals in
disbelief and the knee-jerk reaction seen in
the Dow futures as the evening vote results ebbed and flowed.
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