I was checking last elections on 2012, 2016 and 2020. Seems that there is a brief drop before elections each time (5% to 10%) in the overall S&P500 (SPX). This year, seems that drop is not meaningful yet. Regarthless, I think going defensive this week to be heavy in cash. Then buy back into the market if price hits 5400 previous to Dec. It it do, I'll buy back 25%...
What do you guys think? News make me think that we will not go back over 3000pts this year.... too much unemployment and income loss. Having said this, I think technical analysis will give us some idea that we might down trend in the SP500.
