Short Term Trading Weekend Lounge: 2-4 Nov, page-85

Article worth a read regarding the impact of the mid-terms on the market

https://www.cnbc.com/2018/11/02/midterm-elections-your-complete-guide-to-what-the-vote-means-for-your-money.html

Scenario 1: Democrats take House, GOP keeps Senate

• Overall stock market: Modestly bullish
• Winners: Drug stocks, defense stocks

Scenario 2: GOP keeps both, but narrower House majority

• Overall stock market: Very bullish
• Winners: Tax cut beneficiaries, refiners, consumer discretionary

Scenario 3: Democrats take the House and Senate

• Overall stock market: Bearish
• Winners: Industrials, materials
• Losers: Health care, banks