A bout of volatility has taken stocks sharply off their highs over the last month. Investors will be watching the midterm elections on Tuesday for clues as to where the markets will head next.
I think the market will stabilize. Somewhere in here there’s a bottom. I don’t know where, but I think it’s going to happen after midterms, although I don’t think midterms have been a factor in the correction. I think it will be a factor now over the next 10 days, waiting until things stabilize. (11.05.18)