1.2026 Warning π¨: Going back to 1926, the $S&P 500(.SPX)$ has seen an average drawdown of 18.2% in the 12 months before midterm elections π
Going back 60 years, the smallest drawdown has been 7.4% while the largest was 41.8% π€―
After the midterms, all is well, but before? π€π
2.S&P 500 $SPDR S&P 500 ETF Trust(SPY)$ closes below its 50-day moving average π
3.Nasdaq $Invesco QQQ(QQQ)$ coming for a test of the 100-day moving average π¨ If it closes below, it would be only the 2nd time since May π€―π
4.Semiconductor Stocks $VanEck Semiconductor ETF(SMH)$ have closed below their 50-day moving average π¨π
For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.
πCash Boost Account Now Supports 35,000+ Stocks & ETFs β Greater Flexibility Now
Find out more here.
Complete your first Cash Boost Account trade with a trade amount of β₯ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.
Other helpful links:
π°Join the TB Contra Telegram Group to Get $10 Trading Vouchers Nowπ
How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.
Comments