Do markets always 'flounder' on election days?

[elleng]

Dow, S+P, Nasdaq all appear down today, tho at first appeared to DIVE and late in the day seemed to recover somewhat.

Happened to notice this today, and I was out early and only now (late) looking at details.

[Walleye]

1. I think some of it is what they call "profit-taking" At least I hope so

[elleng]

2. I hope so too, I guess.

I surely didn't take any profits; hope my S+P did.

[Walleye]

7. I have S&P index funds as well, and they are doing a lot better this year. I just stay hopeful

[spooky3]

3. A guest on Bloomberg radio said yes, dips on Super Tuesday are the

Norm. And Jay Powell is speaking tomorrow, which might have added to jitters.

[elleng]

4. Thanks.

[Walleye]

8. I love that word. When they say the stock market has jitters

[bucolic_frolic]

5. I think we have Fed testimony and speeches Thursday and Friday

Make that Wednesday, Thursday, and Friday. Powell tomorrow at 10am. Uncertainty. Fed is boxed in. No room to move rates up, no room to move them down. Or very little room. Plus valuations are up there.

[elleng]

6. Oh RIGHT! SoTU coming up!

[Walleye]

9. So if Trump wins today in the stock market goes down, how does he explain that