Market roundup: US elections, Oil and S&P500 outlook – Tip TV

Oct 06, 2016, 01:15 PM

Pence won overall but lost with Trump is the conclusion viewers would draw after hearing Alessio Rastani’s take on the vice presidential debate held yesterday. Alessio Rastani from Leadingtrader.com adds the 2016 US presidential election will be more unusual than ever. He is joined by Tip TV’s Zak Mir.

The other trending topic- Oil was discussed by the panel, the conclusion being the OPEC output cut deal is unlikely to become official in November as Iran is seen playing the hardball.

When discussing the trade idea of the day, Rastani notes that a short trade appears safe below 2140 or around 2180…simply because the level is closer to a critical chart resistance.

Mir and Rastani also shed light on the EasyJet’s dismal guidance. The share was down almost 9% in early session.