Are you ready for the midterms Tuesday, Nov. 6?
If you haven't already, remember to get out and vote.
Anyway, here's what you need to know before you relax for the night.
Jim Cramer's Not Feeling Very Cynical
Well ... he's not feeling as cynical as President Trump, apparently.
But, he did say that the midterms, in his eye, are a "big, bad event" that people need to get through.
Cramer takes a look at the potential market impact from the elections.
Previously, Kenny Polcari, who is a trader on the floor of the New York Stock Exchange, broke down the possible scenarios and market impacts of the midterms.
In Cramer's Real Money column from Monday morning, he took a look at the oil sector.
"You'd think oil would be soaring on Monday on the U.S. reimposition of sanctions against Iran. You'd be wrong. To me, oil looks like it's going to roll over, maybe roll over hard -- which is totally counterintuitive, even with the president's exemptions for certain favored nations," he wrote.
Tesla's Got Some Competition
Or so says TheStreet contributor Jon Markman.
Here's what Markman had to say about BMW's newest car:
"The 2021 BMW i4 is a brilliant start: A total revamp of what the Bavarian automaker has been doing with electric vehicles. It is sleek, sporty and sublimely fast.
It is also the future of cars, with big implications for investors.
In many ways the BMW i4 is emblematic of Germany waking up to Tesla (TSLA - Get Report) . The Silicon Valley company is eating the lunch of its Deutschland rivals in the luxury car market. CNN Business reported Oct; 4, the Tesla Model 3 is the best-selling luxury car in the United States. By a lot.
The baby Model S was supposed to be a mass market vehicle. In theory, its $35,000 sticker price would attract suburbanites looking for a second car, and the EV-curious. But the company has produced no cars at that price point. Its gaudy 400,000-unit waiting list meant Tesla could pick and choose what vehicles it wanted to make first. No surprises. It chose to make the most expensive, spec'd out versions.
The company sold 55,840 Model 3s in the third quarter at an average selling price of $59,000."
You Ready to Trade?
Real Money's Stephen "Sarge" Guilfoyle has some thoughts about the oil sector.
Here's Sarge's advice for investors looking to trade within the sector:
"Trick or Treat" came last week. Trading the energy space through the equity markets had already been tricky enough. Then the treat came on Friday. This space now becomes murkier thanks to U.S. imposed sanctions on Iran, thanks to what might have been a speculative/supply side selloff across the oil patch, thanks to forward looking projections for global production, and thanks to the best earnings season for the big oil exploration and production names that we have seen in four years.
Alright, folks. That's a wrap for today.
Remember: Get out and vote tomorrow if you haven't already.