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[Chart courtesy of MarketWatch.com] Moving the markets Right out of the starting gates, bullish momentum ruled, and the major indexes staged an impressive come-back rally. With the results of the elections confirming a political gridlock, you may be wondering why that would be a good thing for stocks. The Daily Bell provided this answer: Republicans expanded their majority in the …

[Chart courtesy of MarketWatch.com] Moving the markets With most of the mid-term election results being on deck later tonight, it came as no surprise that the markets meandered, but with a bullish bias, as all 3 major indexes closed in the green with last minute buying helping the bullish cause, although on ultra-low volume (60% below average). Polls and forecasts …

[Chart courtesy of MarketWatch.com] Moving the markets In view of tomorrow’s mid-term elections, the markets meandered with a slight upward bias in hopes that Tuesday’s outcome will not shift the balance of power, which could be key in terms of future market direction. Two of the three major indexes gained moderately on news that a Rasmussen poll showed hopeful signs …

[Chart courtesy of MarketWatch.com] Moving the markets Continued hope for a trade resolution with China provided the assist the markets needed to score another winning session, it’s first 3-day win streak in six weeks. Also hope that Apples’ afterhours earnings report would be a blow-out event contributed to the upward thrust. The overall positive tone from the US and China …

[Chart courtesy of MarketWatch.com] Moving the markets It truly was an ugly October, despite the hopeful rebound during the past couple of days, which left many traders wondering “are we there yet?” meaning “is the bottom in?” While the answer is elusive, some analysts point to tomorrow as being a make-or-break kind of day. Why? As I mentioned before, the …