DO TRUMP’S RISING POLL NUMBERS MEAN YOU SHOULD SELL STOCKS? $SPY $QQQ $IWM $DIA $VXX $XIV
Until Friday, Oct. 28, Wall Street had awarded presidency to Clinton. Wall Street’s view was backed up by polls. Tuesday, according to the algorithms at The Arora Report, institutions were heavy sellers of stocks. Take a look at the annotated chart of S&P 500 ETF SPY. Please click here for annotated chart of SPY The chart shows a break of technical support. Clearly Wall Street was having second thoughts and realizing that awarding of the presidency to Clinton was premature. But does that mean it’s selling time for you? On Friday, FBI director Comey revealed in a letter to Congress