This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

The Day Ahead: Stay as Sharp as a Chainsaw

Special Programming Note

I can see the writing on the wall this Election Day. Investors take a break from watching green and red colors blink on a trading screen to venture off to the voting booths. Then they return and sit patiently in front of the television screen, attempting to gain clues on who may have won the race, and in the process they lose focus on Mr. Market's real-time messages. Complacency enters the mix.

Don't be this gawker, please, and I am offering my services to prevent such a grave mistake. I have put complete life on hold -- refraining from grabbing food, talking with family and so on -- to assist in bringing you up-to-the-minute investing messages regarding the election. Please Twitter bomb me with questions, sharp insights and fun, provocative hashtags.

Four years ago I sat in a dungeon reading emails from clients on how they felt powerless as the election unfolded. But the reality then, as it is now, couldn't be further from the truth. Seize on your passion for investing and the need to be positioned correctly out of the election gate.

Moving Right Along

There is absolutely nothing anyone could add to the election debate, and constructing any new probabilities would be a waste of time. Sure, I could fill you head with fluff -- for instance, California's Proposition 30 would up the state's sales tax, and that would be no good for Costco (COST), which has a high store count there. I could also rehash discussion on the fiscal cliff. But why bother? After all, regardless of what happens, you will be tested severely as soon as the winner is declared -- which, based on my sources, will be around 11 p.m. EST on the major networks.

That sad, I have opted to disseminate a few broader themes and ideas for you to consider as watch your trading screens carefully and draw your own conclusions.

Transports and Jobs Stocks, OMG. I'm haven't been particularly keen on the action in the Dow Jones Transportation Average since the October jobs report. Maybe there Hurricane Sandy-triggered impact on the supply chain is baked into the cake, since interruptions mean margin risk. Or perhaps the real worry is that, no matter which candidate wins, the economy continues to drive in second gear. In fact, if Governor Romney grabs the prize, this may well be an indication that the economy is in the type of dire straits not delineated in the various data points we've seen.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
Back to Nasdaq


Markets

Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Our Tweets

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs