STAY UP TO DATE WITH THIS YEAR’S BIGGEST ECONOMIC INDICATOR

If jobs data and, more, the news about the stage 3 trial for the Covid 19 vaccine would have been made public earlier, what would the impact be on the US elections? Just look at the reaction on Gold. Who made it to be short, is having quite a day: Meanwhile, stock markets are cheering like few times before. Lots of opportunities out there.

Stock markets skyrocketing and the USD getting crushed. The only thing that could affect the full risk-on mode we are experiencing is the lawsuits presented by Trump campaigners bringing the presidency result at a standstill or worse, protests picking up. In all this, lots of huge swings on the markets to take advantage of in our daily trading activity, always with the right risk management attitude.

Biden is ahead at the moment, but is Pennsylvania still in poised furling uncertainty. Stock futures accelerating to the upside after swinging quite a lot. Long squeeze or a real breakout?

With dozens of millions of votes still to count, president Trump hints to escalate alleged vote frauds to the Supreme Court. A contended election is now more likely, and intraday volatility on stock futures is starting to rise. Traders, get ready to rumble!

Stock markets off the highs but still well in the positive and heading into the presidential election day with a positive mood. Everything now depends on the swing states. A close call there, and volatility will surge significantly. We'll keep you posted.

Gold just regained 1900 USD per Oz. It is moving in a direct correlation with the stock markets lately, so my take is that this is just short term liquidity allocation, not linked to the safe heaven feature of Gold.