Nasdaq could see a bounce near U.S. mid-terms, James Stanley notes

Nasdaq could see a bounce near U.S. mid-terms, James Stanley notes
Nasdaq outlook around U.S. mid-terms

Nasdaq experienced a decline last week, but there may be a rebound around the time of the U.S. mid-term elections, according to James Stanley, senior strategist at DailyFX.

Stanley described global de-leveraging as a more significant issue for stocks in the U.S., suggesting that it is likely to become a prominent theme in 2027.

Stanley has tracked key price levels in commodities, noting that gold remains in consolidation with sellers visible near $4,200. He has also reported that spot gold may see its first weekly close under $4,000 in over a year, ahead of a major FOMC meeting. His recent commentary continues to focus on technical thresholds and upcoming events shaping market sentiment.

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