Self Directed Investor Inc
SDI: "Empowering investors with ideas and education"
Symbol Lookup »  
Topics:ChinaETFsEarningsEconomyEnergyForexGoldIncomeLessonsIdeasTrading

  • Other news: News from PR Newswire
| More

Fiscal Cliff Worries Grow As Election Nears

Mon, Nov 5, 12:52 PM ET, by Bill Luby

Anxiety over the outcome of the U.S. fiscal cliff topped the list of investor fears about the stock market for the third week in a row, outpolling the European sovereign debt crisis, which finished a distant second, and U.S. elections, which edged out weak earnings for third place.

With 65% of responses coming from U.S. voters, the poll results were once again skewed toward an Americentric perspective. Three weeks into this poll, it appears as if geographical and temporal proximity are having a strong effect on respondents. For third week in a row, U.S., respondents were much more concerned about events in their own country. For example, the fiscal cliff outpolled the European sovereign debt crisis by 14.8% in the U.S., while non-U.S. respondents had these two issues deadlocked in a tie for first place. Similarly, 13.9% of U.S. respondents cited U.S. elections as their top worry, while just 5.3% of non-U.S. respondents placed U.S. elections at the top of the list.

Not surprisingly, concerns about a weak earnings season fell sharply over the course of the past week, from 18.6% to 9.7%, as most of the critical earnings reports are already in the books and the potential for meaningful surprises has diminished substantially, as shown in the graphic below.

With most of the election uncertainty about to be resolved tomorrow, I anticipate that the fiscal cliff and the European sovereign debt crisis will once again separate from the pack in the next week. Whether this will place upward or downward pressure on the VIX remains to be seen.

Related posts:

Disclosure(s): none



SDI Glossary: "VIX" Definition
This Article's Word Cloud:   Cliff   Concerns   European   Fear   Fiscal   Forces   Poll   Series   Volatility   Whether   With   about   adsbygoogle   again   already   cited   cliff   concerned   crisis   debt   distant   earnings   election   elections   events   fears   fiscal   from   list   most   much   once   over   place   poll   pressure   respondents   shown   sovereign   surprisingly   their   these   third   this   weak   week   were   which   while   will

| More

A Second Divergent Drop for Google GOOGL
Wed, Mar 22, 3:41 PM ET, by Corey Rosenbloom

Google (GOOGL) rallied a second time into a key reversal or “fade” set-up and delivered ...

Quad Market Movement as the Stock Market Crashes March 21
Tue, Mar 21, 2:11 PM ET, by Corey Rosenbloom

This morning we just updated the “Stock market crashing through key target levels” but what’s ...

Disney DIS Slides to New Highs on Divergences March 20
Mon, Mar 20, 2:21 PM ET, by Corey Rosenbloom

Disney (DIS) continues to be a “strong stock getting stronger” which is evidenced by today’s ...

Emini Playing into Critical Fib Support Level Today March 20
Mon, Mar 20, 12:41 PM ET, by Corey Rosenbloom

After yesterday’s Fed Day, stocks surged back toward the prior high, breaking their Fibonacci Grid. ...

Announcing Trader Education Week Next Week
Fri, Mar 17, 6:21 PM ET, by Corey Rosenbloom

Get ready for Trader Education Week! Traders Classroom and Club EWI are opening up March ...

Emini Heading Toward the Highs March 16 Update
Thu, Mar 16, 2:51 PM ET, by Corey Rosenbloom

After yesterday’s Fed Day, stocks surged back toward the prior high, breaking their Fibonacci Grid. ...

Here Goes our Fourth Successful SPX Bull Flag Since November
Wed, Mar 15, 3:11 PM ET, by Corey Rosenbloom

If you’re keeping track, the market is poised to complete its fourth successful Bull Flag ...

Fed Day Fibonacci in the Emini Gameplan March 15
Wed, Mar 15, 1:21 PM ET, by Corey Rosenbloom

It’s the Ides of Mach! And a Fed Day! Do you know where your Fibonacci ...

Emini Bounces Between our Fibs Again March 14
Tue, Mar 14, 11:31 AM ET, by Corey Rosenbloom

We’re still seeing range action between our key short-term Fibonacci Levels in the Emini @ES. ...

A Bad Day for Wearables GoPro and FitBit GPRO FIT
Mon, Mar 13, 3:51 PM ET, by Corey Rosenbloom

Popular wearable Fitbit (FIT) and GoPro (GPRO) both plunged over 4% today, continuing their ongoing ...

Flailing within the Fibs Emini Update March 13
Mon, Mar 13, 1:11 PM ET, by Corey Rosenbloom

After gapping higher Friday, stocks stalled beneath our key short-term Fibonacci Level. We’re seeing price ...

Big Downside Surprise for Finisar FNSR on Three Push Reversal Pattern
Fri, Mar 10, 1:21 PM ET, by Corey Rosenbloom

The “Three Push” Reversal pattern is one of my favorite chart patterns and set-ups to ...

Playing the Jobs Report Fibonacci Bounce March 10
Fri, Mar 10, 1:11 PM ET, by Corey Rosenbloom

A slightly better than expected morning Jobs Report sent shares surging on Wall Street, gapping ...

Emini Crashing Down to the Lower Fibonacci Target March 9
Thu, Mar 9, 2:41 PM ET, by Corey Rosenbloom

Well folks, here we are, crashing through the “First Fib” down to the official 38.2% ...

Crude Oil USO Finally Does Something Interesting Again March 8
Wed, Mar 8, 3:11 PM ET, by Corey Rosenbloom

I’ll be honest – I stopped caring about Crude Oil for most of 2017 because ...

Emini Building Rally off Make or Break Support March 8
Wed, Mar 8, 2:11 PM ET, by Corey Rosenbloom

It was so nice the market did it twice! And today makes three times the ...

Gold Also Tumbles to Key Fibonacci Level
Tue, Mar 7, 2:21 PM ET, by Corey Rosenbloom

Like the S&P 500, Gold pulled back to a key Fibonacci and price overlap target. ...

Straight Back to our Emini Fibonacci Target We Go March 7
Tue, Mar 7, 1:41 PM ET, by Corey Rosenbloom

It was so nice the market did it twice! Today we’re seeing a Repeat Day ...

Top Ten Put and Call Option Volume and Activity March 6
Tue, Mar 7, 8:11 AM ET, by Corey Rosenbloom

File this under “interesting reference post” – as these are the top ten stocks and ...

A Quick Collapse toward Support Target in Advance Micro AMD
Mon, Mar 6, 3:11 PM ET, by Corey Rosenbloom

Advanced Micro Devices (AMD) more than doubled since last November. However, March has not been ...

Bam Goes the Emini Fibonacci Reversal at Target March 6
Mon, Mar 6, 1:11 PM ET, by Corey Rosenbloom

Did you think it was impossible for the market to pull back to the first ...

Planning Gold as it Declines from Swing High March 3
Fri, Mar 3, 12:31 PM ET, by Corey Rosenbloom

Gold rallied strongly from the $1,120 low to the recent price target near $1,260. What’s ...

The Plot Thickens as the Emini Decline Deeper March 3
Fri, Mar 3, 12:11 PM ET, by Corey Rosenbloom

Do not adjust your computer monitor – you’re actually seeing the Emini pull back from ...

An Actual Emini Pullback from 2400 March 2
Thu, Mar 2, 12:41 PM ET, by Corey Rosenbloom

Do my eyes deceive me or is that an actual authentic pullback in the @ES? ...

Apple AAPL Accelerates Trendline Rage through 140
Wed, Mar 1, 4:11 PM ET, by Corey Rosenbloom

Apple (AAPL) shares raged higher today with an acceleration gap through the $140 per share ...

Are You Watching the Huge Breakouts in Financials XLF FAS FAZ
Wed, Mar 1, 12:41 PM ET, by Corey Rosenbloom

Financials! We’re seeing financial stocks – seen fastest by the XLF Sector EFT – surge ...

Just Showing the Pure Price Emini Breakout Today March 1
Wed, Mar 1, 12:11 PM ET, by Corey Rosenbloom

The market is surging this morning, extending the bull market with a short-squeezed bullish breakout. ...

Ten Years Since the Biggest VIX Spike Ever
Mon, Feb 27, 3:51 PM ET, by Bill Luby

Ten years ago today, we witnessed that largest one-day VIX spikein the nearly three decade ...

The VIX Summit: CBOE RMC (March 8-10 in Dana Point, CA)
Sun, Feb 26, 3:11 PM ET, by Bill Luby

I often get asked about where to go to learn more about the VIX and ...

Clustering of Volatility Spikes
Sun, Feb 26, 2:11 PM ET, by Bill Luby

Last week, my Putting Low Stock Volatility to Good Use (Guest Columnist at Barron's) triggered ...

Defensive Gold and Treasuries Bullishly Break Resistance
Fri, Feb 24, 12:11 PM ET, by Corey Rosenbloom

File this under “very interesting” – defensive markets Gold and Treasuries just reversed higher. If ...

Sharp Down but Fast Up Emini Pullback Update Feb 24
Fri, Feb 24, 11:31 AM ET, by Corey Rosenbloom

And the plot thickens! Stocks pulled back for a second time this morning, gapping lower ...

Super Down for L Brands New Breakdown Low
Thu, Feb 23, 2:51 PM ET, by Corey Rosenbloom

“Stocks which are weak and downtrending tend to get weaker and go lower.” That’s precisely ...

How Other Markets Behaved while Stocks Surged Feb 22
Wed, Feb 22, 2:11 PM ET, by Corey Rosenbloom

It’s easy to be distracted by shiny objects, like the non-stop stock market rally since ...

New Highs as Far as the Eye Can See (for now) Feb 22
Wed, Feb 22, 11:21 AM ET, by Corey Rosenbloom

It’s rare to see broad market impulses this strong and persistent but yet here we ...

SPX 1, 2 and 3-Year Returns Following Top and Bottom Five (and Ten) VIX Average Annual Readings
Tue, Feb 21, 8:11 AM ET, by Bill Luby

On Saturday, I posted Putting Low Stock Volatility to Good Use (Guest Columnist at Barron's) ...

Putting Low Stock Volatility to Good Use (Guest Columnist at Barron's)
Sat, Feb 18, 5:21 PM ET, by Bill Luby

With spring training just getting underway in Florida and Arizona, I think it is appropriate ...

March Class Special: Detecting Tradable Setups and Reliable Signals with Corey
Thu, Feb 16, 12:11 PM ET, by Corey Rosenbloom

I’m excited to announce an upcoming full-month of classes and actionable trader education for you ...

We Forgot what a Pullback Was Market Update Feb 16
Thu, Feb 16, 11:11 AM ET, by Corey Rosenbloom

Wait – what is this? Price can actually go DOWN? After the last five days, ...

Bulls Still Dominate the Highs Feb 15
Wed, Feb 15, 1:31 PM ET, by Corey Rosenbloom

The uptrend continues! And continues… and continues. And still continues even after yesterday’s pullback. ...

Six Stellar Stocks Shooting Straight Up Nine Days in a Row
Tue, Feb 14, 8:31 PM ET, by Corey Rosenbloom

When we scan for stocks, we like to find “strong stocks getting stronger.” One way ...

Market Internals and the New Pullback from the Highs Feb 14
Tue, Feb 14, 11:41 AM ET, by Corey Rosenbloom

The uptrend continues! And continues… and continues. Until today’s pullback at least. ...

New Introduction to the Wave Principle Video
Fri, Feb 10, 5:51 PM ET, by Corey Rosenbloom

If you’ve never heard of the Elliott Wave Principle, or want a quick intro-level refresher, ...

Time for a Longer Timeframe Bounce for Coca Cola KO
Fri, Feb 10, 10:11 AM ET, by Corey Rosenbloom

Let’s see if buyers can take advantage of a long term rising trendline for Coca-Cola ...

Tesla TSLA Surges with Market on Break to New Highs (but Watch the Weekly Chart)
Thu, Feb 9, 3:41 PM ET, by Corey Rosenbloom

Tesla (TSLA) shares continued their strong uptrend, breaking out to a new swing high this ...

Breaking Out to New Highs Feb 9
Thu, Feb 9, 12:21 PM ET, by Corey Rosenbloom

The uptrend continues! And continues… and continues. Today we’re seeing another breakout to new highs ...

Gilead Sciences GILD Collapses to Keep Steep Downtrend in Motion
Wed, Feb 8, 4:11 PM ET, by Corey Rosenbloom

“Strong Stocks Keep Getting Stronger while Weak Stocks Keep Getting Weaker.” Gilead Sciences reminds us ...

Keeping the Range Going at the Highs Feb 8
Wed, Feb 8, 12:51 PM ET, by Corey Rosenbloom

We’re seeing a series of small ranges develop in the @ES Emini. Today gave us ...

Pullback Planning for Disney DIS Ahead of Earnings
Tue, Feb 7, 3:11 PM ET, by Corey Rosenbloom

Disney (DIS) reports earnings after the closing bell today. Let’s study the set-up – a ...

Strong Stock Getting Stronger NVDA Rallies its Way Back to the Highs
Mon, Feb 6, 1:41 PM ET, by Corey Rosenbloom

Each week for members, I publish the results of a “Strong Stock Getting Stronger” stock ...

  More articles:  1 2 3 4 5 6 7 next »

ABOUT US »   ADVERTISE »   CONTACT US »   TERMS OF USE & PRIVACY POLICY »

Fiscal Cliff Worries Grow As Election Nears | Self Directed Investor | Copyright © 2008 - 2017, All Rights Reserved

Any ideas and opinions presented in Self Directed Investor content are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All site visitors agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.

SDI is associated with: ValueForum.com -- a subscription-based online social networking forum of serious individual investors. | MarketNewsVideo.com -- videos appearing on SDI are produced by Market News Video. | TickerTech.com -- stock quote content appearing on SDI is at least 20 minutes delayed and is powered by Ticker Technologies. | GoldStockStrategist.com -- Edited by Scott V. Nystrom, PhD, Gold Stock Strategist provides analysis on gold mining companies.