2026 Midterm Election Update – July 8th, 2026

In the financial markets you’ll occasionally have what are known as “relief rallies”. Just as certain stocks won’t go up every day in a straight line, it’s often the case that underperforming investments which have come under heavy selling will temporarily bounce from what are called “oversold” conditions. Those relief rallies don’t necessarily mark an end to the overall trend, however. The relief rally often just marks a pause in the longer-term trend.