The market doesn't care who wins...unless it's Donald Trump, lol
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MSNBC was actually quite good this morning until they had the thug Rev Sharpton on.
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MSNBC was actually quite good this morning until they had the thug Rev Sharpton on.
MSNBC was actually quite good this morning until they had the thug Rev Sharpton on.
Yes the tone of the show surprised me but not Reverend Al.
Of course neither did Donny Deutsch wailing and gnashing of teeth.
WSS
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Come in off the ledge boys the market will come back.
WSS
What a short covering comeback. I've been watching the markets since about 8 am not really that long before the 9:30 am opening the DOW 30 came back from -800 to -200 but shortly after the bell it leveled out.Come in off the ledge boys the market will come back.
WSS
10 am the DOW is +35 and the S&P and NASDAQ are similarly up fractionally about 0.12%.
BUT the overseas markets still a bit more uncertain about what's really going to happen to them in the long run.
Ironically the overall market is better than after the 2012 election.
SO WHAT DOES IT MEAN? Nobody knows for sure, will your 401(k)s and other investments take a long term hit? Will there be a recession or will the DOW hit 20,000 or higher.....nobody really knows because the election results were totally missed by the polling and media BIG TIME.
I say if you're a trader be really alert for the fallout BUT if you're like most of us and long term buy and hold I'd wait a little bit before making any drastic changes. We will have to see how our overseas friends and enemies react to all of this, they were probably more shocked than we were.
In other words it's still the market we really don't know.
Whoops 10:20 am were now down fractionally, some things never change.
GO BUCKEYES, BROWNS, INDIANS, CAVS, YSU, NAVY and yes I like ND! -
Basically, nobody has a god damn clue what's going to happen with the US economy, and any or all of its trading partners, so a lot of people are executing flights to safety. That means basically gold, global reserve currencies and some 'safe' stocks will go up, except the main global reserve currencies were, until earlier this year, USD, GBP, EUR, JPY, with secondaries being RMB, CHF and CAD. Obviously a flight to USD is out of the question. GBP and EUR are in the midst of their own periods of huge uncertainty so that's out. So basically, JPY and gold are seeing big spikes, and other currencies and indices are suffering.
This will hold now, after the bounce, for maybe 6 months or something, give or take, until it becomes clear what Trump's policies are and how they will affect global trade.
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Basically, nobody has a god damn clue what's going to happen with the US economy, and any or all of its trading partners, so a lot of people are executing flights to safety. That means basically gold, global reserve currencies and some 'safe' stocks will go up, except the main global reserve currencies were, until earlier this year, USD, GBP, EUR, JPY, with secondaries being RMB, CHF and CAD. Obviously a flight to USD is out of the question. GBP and EUR are in the midst of their own periods of huge uncertainty so that's out. So basically, JPY and gold are seeing big spikes, and other currencies and indices are suffering.
This will hold now, after the bounce, for maybe 6 months or something, give or take, until it becomes clear what Trump's policies are and how they will affect global trade.
I would not discount the USD quite yet, it's still the world currency and the rest of the world has many problems of their own......Obviously a flight to USD is out of the question.....
This will hold now, after the bounce, for maybe 6 months or something, give or take, until it becomes clear what Trump's policies are and how they will affect global trade.
And yes between now and January 20, 2017 we all will have to wait for more details and policy positions, what the Fed does, winners and losers on Wall Street and more.
An old favorite saying of mine "winners tell jokes and losers say deal"....we have to wait and see how this all falls out.
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Given how much talk there's been about trade deals from Trump - ripping up existing ones, creating new ones etc - it's difficult to be bullish on the greenback any time soon. Not because it's expected to go down, but because who knows what's going to happen?
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Some of you guys know more about the stock market than me but it seems to me it would be a good time to buy some stocks. What Trump is proposing with less corporate taxes, eliminating Obamacare and less regulations seems like it would produce an economic boom. Right now the market appears to be responding to uncertainty...;
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It depends what stocks. Honestly it's probably a good time to by Trump stocks because whatever happens you know his company will benefit.
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It depends what stocks. Honestly it's probably a good time to by Trump stocks because whatever happens you know his company will benefit.
It depends what stocks. Honestly it's probably a good time to by Trump stocks because whatever happens you know his company will benefit.
His company is privately held
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People panic and sell. Is the panic justified? I don't think so. Trump is going to have a very business friendly administration. It seems like as those panic and sell and stock prices dip it might be a good time to buy...although I wonder how inflated some of the stocks are already?
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It depends what stocks. Honestly it's probably a good time to by Trump stocks because whatever happens you know his company will benefit.
It depends what stocks. Honestly it's probably a good time to by Trump stocks because whatever happens you know his company will benefit.
NUCOR and USSTEEL baby I worked for both and have stock in both, they both shot up this morning.
And yes there will be winners and losers. The interest rates and inflation will be factors in the coming months and years, thinking about buying a house lock in now.
GO BUCKEYES, BROWNS, INDIANS, CAVS, YSU, NAVY and yes I like ND! -
It depends what stocks. Honestly it's probably a good time to by Trump stocks because whatever happens you know his company will benefit.
NUCOR and USSTEEL baby I worked for both and have stock in both, they both shot up this morning.
And yes there will be winners and losers. The interest rates and inflation will be factors in the coming months and years, thinking about buying a house lock in now.
NUCOR and USSTEEL baby I worked for both and have stock in both, they both shot up this morning.
And yes there will be winners and losers. The interest rates and inflation will be factors in the coming months and years, thinking about buying a house lock in now.
I think that is good advice on buying a house now with low interest rates...
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that's a cheap shot, after supporting crooked ass higgardly so ardently.
If all companies benefit, that includes Trump's company. Which, is a question...
would he put his company in a trust, or whatever it is, to avoid any qualms
about a possible conflict of interest? I don't know how that works.. just wondering..
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People panic and sell. Is the panic justified? I don't think so. Trump is going to have a very business friendly administration. It seems like as those panic and sell and stock prices dip it might be a good time to buy...although I wonder how inflated some of the stocks are already?
People panic and sell. Is the panic justified? I don't think so. Trump is going to have a very business friendly administration. It seems like as those panic and sell and stock prices dip it might be a good time to buy...although I wonder how inflated some of the stocks are already?
Some stocks and sectors will be somewhat overpriced you have to get back to the basics, P/E ratios (Price/Earnings), forward multiples, and remember corporate earnings are the backbone of everything.
As for small businesses it's things like availability of credit, manageable regulations and everybody's big problem healthcare costs that count.
We'll see how his administration will handle all of this but he should have a somewhat friendly Congress to deal with.
Stay tuned!
GO BUCKEYES, BROWNS, INDIANS, CAVS, YSU, NAVY and yes I like ND! -
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Come in off the ledge boys the market will come back.
WSS
You're cracking me up man.Come in off the ledge boys the market will come back.
WSS
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It depends what stocks. Honestly it's probably a good time to by Trump stocks because whatever happens you know his company will benefit.
NUCOR and USSTEEL baby I worked for both and have stock in both, they both shot up this morning.
And yes there will be winners and losers. The interest rates and inflation will be factors in the coming months and years, thinking about buying a house lock in now.
NUCOR and USSTEEL baby I worked for both and have stock in both, they both shot up this morning.
And yes there will be winners and losers. The interest rates and inflation will be factors in the coming months and years, thinking about buying a house lock in now.
Quite possibly domestic manufacturing and mining companies. Also fossil fuel companies that will likely see less regulation in the coming years. Got to be actively managing that one though, with instability in OPEC member nations causing price fluctuations. Coal companies probably a safer bet.
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What a short covering comeback. I've been watching the markets since about 8 am not really that long before the 9:30 am opening the DOW 30 came back from -800 to -200 but shortly after the bell it leveled out.Come in off the ledge boys the market will come back.
WSS
10 am the DOW is +35 and the S&P and NASDAQ are similarly up fractionally about 0.12%.
BUT the overseas markets still a bit more uncertain about what's really going to happen to them in the long run.
Ironically the overall market is better than after the 2012 election.
SO WHAT DOES IT MEAN? Nobody knows for sure, will your 401(k)s and other investments take a long term hit? Will there be a recession or will the DOW hit 20,000 or higher.....nobody really knows because the election results were totally missed by the polling and media BIG TIME.
I say if you're a trader be really alert for the fallout BUT if you're like most of us and long term buy and hold I'd wait a little bit before making any drastic changes. We will have to see how our overseas friends and enemies react to all of this, they were probably more shocked than we were.
In other words it's still the market we really don't know.
Whoops 10:20 am were now down fractionally, some things never change.
What a short covering comeback.
Not to mention the oversold state of the market in general...
The follow up momentum has carried the S&P up about 1% and the VIX down nearly 20%. Great day for traders and the HFTs are having a field day.
Some of you guys know more about the stock market than me but it seems to me it would be a good time to buy some stocks. What Trump is proposing with less corporate taxes, eliminating Obamacare and less regulations seems like it would produce an economic boom. Right now the market appears to be responding to uncertainty...;
It depends what stocks.
Yup... Pharm and Healthcare in general are buys due to reduced threat and pressure. Banks, too, but as much for coming rate raises as DeReg... although the CFPB will likely be at minimum defunded.
"Uncertainty" is still there in general. This is a reaction to the replacement of the known negatives of the presumed candidate for those the elected candidate are believed to be carrying.
Case in point... Kansas City Southern (KSU) is down ~18% today. Their business? Primary rail operator carrying freight to/from Mexico. On the other hand... Arch Coal? Up ~8%. I'd be a lot more inclined to buy KSU today than Arch... but I won't do either.
Investors don't chase bounces... and don't catch falling knives. That's traders turf.
As for the "boom"... no hurry... they take time to develop. Just going to sit on most of the cash position (~25%) I raised over the last month for a while. May even add to it...
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NUCOR and USSTEEL baby I worked for both and have stock in both, they both shot up this morning.
And yes there will be winners and losers. The interest rates and inflation will be factors in the coming months and years, thinking about buying a house lock in now.
I think that is good advice on buying a house now with low interest rates...
I think that is good advice on buying a house now with low interest rates...
I just bought a house VA loan 3.14 percent.
same thing happened after brexit and everything was fine a week later
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