The market is expecting Biden to be sworn in next week. Investors have bet big buying companies they believe will benefit with a Biden Admin. If "out of nowhere" Biden did not get in the market would consider it a "Black Swan event". The market will drop big as those investors unwind their positions. if you are thinking about getting into the market consider waiting until this is played out. I already shorted the market yesterday. i intend to hold my position until after next Wednesday. If the market does what I believe consider it a gift. Then think about getting in I can tell you that when President Trump gets in who knows how high it will go. I think I would stay away from Big Tech no matter what.
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Would it be good idea to buy in if the market drops?
With President Trump in office you can expect the market to keep climbing higher (of course with pullbacks) if the market wants to panic and there is "blood in the streets" I am buying I would consider it a gift......... PLEASE NOTE blood in the streets is just a term that everybody is panicking and getting out of the market. It has nothing to do with real blood in the streets.
The last thing we need right now is misunderstandings about that
Depends on company but I would think yes.
Not a professional, just a dude with Robinhood.