VIEWS: 12 PAGES: 2 CATEGORY: Business & Economics POSTED ON: 5/30/2010
This November 4, US voters will choose between Republican candidate John McCain and Democratic candidate Barack Obama. As a voter, you likely will view this contest based on the issues most important to you, but as a trader you need to view how each candidate's expected policies will likely affect markets. Two primary industries that should profit from a new president, regardless of which candidate wins, will be biotech and alternative fuels. At present, the stock markets are favoring biotech companies. A simple way to profit from these would be the use of exchange-traded funds. A new president may bring a different Iraq war policy. If stability is perceived, investors may feel safe to exit gold, creating a possible short opportunity. If the international community regains confidence in the dollar, the greenback could strengthen.
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