We're Officially on Airport Time (Red)

Action to Take: Wall Street treads carefully on Election Day, though campaign noise often drowns out a simple truth - since 1980, the S&P 500 has risen on 8 of 10 election days. While volatility typically picks up in the immediate aftermath, the market's longer-term resilience speaks volumes - presidential terms have delivered average gains north of 10% regardless of party control. Corporate America's ability to adapt and grow through shifting political landscapes remains the true driver of long-term returns. Exercise your civic duty, but consider padding those gold positions. With both candidates' spending plans pointing to expanding deficits, the yellow metal's push at record highs looks less like election hedging and more like portfolio insurance.

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Momentum: Markets open under caution flags today as election uncertainty dominates sentiment. Surface calm in futures belies growing institutional caution beneath - options markets are pricing in significant sw…