An election in the house now looms as the final event and who knows when that will be. The bottom line for investors is that political chaos is bad for stock markets. Expect a lot of bumps along the way. The market is trying to make the best of the ructions, but stocks are under pressure and a firm bid is not likely to appear until the outcome can at least be guessed at. Unpleasantness is the order of the day.
Volatility is the name of the game.
Buy 'em and sell 'em with trading-range tools. Look for opportunities to acquire core positions in the choppiness. Do your tax sales and position squaring sooner rather than later. And above all, be careful out there. PO Box 3358, Manhattan Beach, California 90266.