"We will continue to have both bulls and bears because you have both sides who are talking about the uncertainty, increased uncertainty regarding the presidency," Stovall added.
A 'Red Wave'?
"It seems as if the greatest likelihood is a red wave," Stovall said.
Trump trade hurt?
To be sure, Sunday's announcement could pump the brakes on the so-called Trump trade seen since the late-June debate.
Persons:
Joe Biden's, Biden, Kamala Harris, Sam Stovall, Trump, Stovall, it's, —, PredictIt, Harris, CFRA's Stovall, Wells, Stephen Baxter, Baxter, Oppenheimer, Hogan, Riley, It's, Kim Forrest, Forrest, Fred Imbert
Organizations:
Trump, CFRA, Democratic National Convention, Republican, Democratic, Medicaid, Med Adv, Bokeh Capital Partners
Locations:
Friday's