New potical leadership in the US after the elections could mean new policy for the energy sector. We review oil prices and five other aspects of the energy sector for possible changes in the future. Energy companies have taken a beating in September from possible election expectations and fears of a long-term COVID slow down.
Healthcare is the opposite. Money for research is pouring in from governments and private investors as a race to create vaccination leadership intensifies. Beyond COVID related firms, the entire healthcare and biotechnology arena is filling with new businesses. The benefits are likely long-term and the interest is here to stay.
Technology may have found its footing, atleast temporarily, as many stocks are very oversold and hedge funds are already ultra-short. US stocks however are still likely to see more downside as technical indicators are not yet bullish.
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