I’ve chosen to buy the dip in U.S. stocks and increased my position. This major sell-off occurred because Trump lost control of both congressional chambers—a situation that has happened several times in history. I analyzed data from the past 20 midterm elections and found that four of them mirrored Trump’s current scenario: 1946, 1954, 1994, and 2006. The chart below shows the historical performance of the S&P 500 following midterm elections. On average, the market has risen after most elections. We’re likely near the bottom now—BitOES has entered a buy-the-dip mode.
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