[Market Outlook] The Election Countdown Continues

The Election Countdown Continues

Hi Trader,

The key US Equity stock indexes (SPY, QQQ, IWM, DIA) all digested their recent gains and closed within +/- 1% of the prior weeks close. Big Market players are placing their bets on who they think will be the next President and it is unclear from current price action who that is. A case can be made for both candidates winning as pretty much everything is going up.

This week's snapshot is from our new product and our new division … "MarketgaugePro" for trading professionals. It includes a report (about to be released) from our new partner, StockOdds. StockOdds has developed a cutting-edge Odds Engine. It is showing that Gold Miners and Financial stocks should have strong results for the upcoming week. Let's see how that plays out. The highlights of this week's market action are the following: Key US Stock Indexes paused this week, while IWM worked off overbought readings The Risk gauges remained positive Mexico is best performing country fund (+12%) over past three months China (FXI) is forming a massive basing pattern Utilities, usually a defensive sector has remained in strong bullish mode outperforming the SPY defying logic during this recent bull run Market Internals came off hard and if weaken further could be an important heads up to a selloff Emerging Markets are performing well Gold Miners and Financials have the best odds for a positive week Click here for the Free Video Click here for the Premium Video Best wishes for your trading, Keith Schneider CEO MarketGauge

Get more - follow us here... Twitter @marketgauge and @marketminute and Facebook To stop receiving this go here. Got Questions? Office hours 9-5 ET (New York time) Email: info@marketgauge.com Live Chat: Go to bottom right corner of our home page. Call: 888-241-3060 or 973-729-0485

There is substantial risk of loss associated with trading any securities including and not limited to stocks, ETFs, futures, and options. Only risk capital should be used to trade. Trading securities is not suitable for everyone. No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results.

"Market Intelligence at a Glance + Tools For Serious Traders" Unsubscribe MarketGauge.com 70 Sparta Ave, Suite 203 Sparta, New Jersey 07871 United States (888) 241-3060