Wednesday, November 02, 2016

Citi Explains What Time Traders Can Go Home On Election Night

Zerohedge reports:
It's all about Florida, North Carolina and Ohio.

For traders hoping to capitalize on volatility next Tuesday as the election results come trickling in, it may all be over by early evening, at least if Trump loses.

That is the calculation of Citi's Steven Englander, who determined that if Trump loses either Florida or North Carolina or Ohio "the math doesn’t work and it tells us that the shift to Trump was not as pronounced as feared."

Those states, marked in yellow in the table below, close at 7:00 or 7:30 ET. As Citi adds, even if Trump loses by a little in one of these states, it becomes almost impossible for him to win. It would take a tidal wave in a couple of states that look firmly Democrat.