Election Day Is Here, But So Are We

Election Day Is Here, But So Are We

Posted On November 8, 2022 3:45 pm

As I write this Tuesday afternoon, the Dow is up over 200 points – but off the high for the day.

The S&P is up ever so slightly…

And Nasdaq has basically traded sideways, down 1.7 points.

The headlines in the financial press are all talking about the election today.

Look, there will be some market reaction to the elections. Let’s face it, the news drives stock prices these days. We all know the market practically ignores any reasonable valuation based on any fundamental metrics.

In Options360, we had a small adjustment to one position this morning. I plan to lay low for a few days while the market absorbs the results of the elections.

Unless, of course, something unbelievably good shows up. 

Just because I plan on laying low, doesn’t mean I won’t be watching!

And that is one of the greatest benefits about becoming a member of the Options360 community.

You aren’t required to watch the market all day everyday. I do that for you!

It’s like having a hedge fund analyst, whose job it is to find you amazing trades, working for all the members of the community.

And, it’s just $19 to give this service a test drive…

After your trial is over, if you truly think it wasn’t worth every penny – just let me know and we’ll refund your money, no questions asked.

However, people don’t and I suspect you won’t…

As a matter of fact I am confident that you’ll be with us for life once you try it out.

Don’t you owe it to yourself to see what you’ve been missing?

To Your Success,


About author

Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.