"Exchange traded funds (ETFs) have an impact on the daily trading environment because they’re the cornerstones of vast program strategies that move the markets," writes Alan Farley, in The Street.com. That said, investors will be looking to Washington this week to study whether the winners in Tuesday’s midterm elections will have an agenda that affects business interests. Although investors tend to be conservative, a non-activist government is often seen as one less variable businesses must contend with, Tim Paradis writes. With fewer economic and earnings numbers, the focus will be on voters concerned about the wars in Iraq and Afghanistan, the economy, job figures and the strength of the stock markets in October.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.