Good morning everyone.

The people have spoken and what they had to say has left the market shocked.  As the vote came in and Trump began to gain ground the market began to sell off sharply.  At one point the futures were off about 750 points.  When the Trump win became obvious the futures began to bounce and as I write this the futures are only down 230 points.  History tells us there is a pretty good chance that over the next couple days the market will dip lower toward the overnight lows, however, we are in uncharted territory so anything is possible.

I plan to stand aside and let some of this volatility and emotional response subside before putting new capital at risk.  The good news is that big reactions such as this historically resolve higher within a couple weeks.  Let’s keep in mind Trump will not take office until the latter part of January so the market will have plenty of time to come to grips with this big directional change the country has voted for.

Trade Wisely,

Doug

Click Here to Watch the Morning Video