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The market doesn't care who wins...unless it's Donald Trump, lol

Political Discussion
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  • mjp28M mjp28

    @bbedward said:

    Figure out what companies are going to supply materials for the wall, invest in those.

    Mexicana Steel Works?

    ~~~~~~~~~~~~~~

    And Election Day +1, the DOW 30 had an intraday all time high 18,600+ but still closed up 257 (1.40%).

    I've been watching this stuff all day, crazy!

    @mjp28 said:

    I've been watching this stuff all day, crazy!

    CNBC?

    United Rentals had a nice day...

    For a sure upswing I'm not sure there's a better play than Defense Contractors... Lockheed Martin, General Dynamics, etc... I like GD for its relatively non-competitive involvement in Naval Shipbuilding in its mix. GD was up 5.4% today.

    "When you have a shared vision it is a lot easier to make unpopular decisions." - Paul DePodesta "When you win, say nothing. When you lose, say less." - Paul Brown Complete 2017 Browns Board Mock: http://thebrownsboard.com/forums/index.php?showtopic=46196

  • Infastructure is more than just roads, highways, bridges, etc etc. Still waiting to hear a federal plan on helping state and local governments combat the opiate and heroin epidemic. Needs more than lip service.

  • Shit I better get on buying a house then

    Ja.brill Peppers - Cleveland Brown OldBrownsFan, on 02 Jun 2017 - 5:09PM said: "No you are not the work of the devil but you are deceived by the devil." Who's got it better than us? Nooooobody!
    OldBrownsFanO mjp28M 2 Replies
  • MLD WoodyM MLD Woody

    Shit I better get on buying a house then

    @mld-woody said:

    Shit I better get on buying a house then

    I would recommend it. In 1983 when I bought my first house the fixed 30 year interest rate was 10 3/4 percent. Who knows how much longer we will have the present low interest rates?

    Actually my daughter bought her house at a great time a few years ago...low interest rates plus an $8,000 incentive thanks to the Obama (failed) stimulus.That was probably the best time ever to buy a house. Housing prices were down, interest rates were low and the government was handing out a check for 8 grand to home buyers.

    Tour2maT OldBrownsFanO 2 Replies

  • http://www.foxbusiness.com/markets/2016/11/09/huge-surge-in-stocks-following-trump-victory.html

    "You planning on having a long relationship with that glass or are you going to drink it? Drink up, man. Maybe we can get another.” - Janis Joplin, 1970.

  • For all the sky was falling panic when Wall Street realized Trump was going to win and the stock market took a dive...within 24 hours the stocks rebound hundreds of points higher...silly panic attack

  • OldBrownsFanO OldBrownsFan

    For all the sky was falling panic when Wall Street realized Trump was going to win and the stock market took a dive...within 24 hours the stocks rebound hundreds of points higher...silly panic attack

    @oldbrownsfan said:

    For all the sky was falling panic when Wall Street realized Trump was going to win and the stock market took a dive...within 24 hours the stocks rebound hundreds of points higher...silly panic attack

    A friend works in banking/finance and said people at work were popping champagne. So I don't think it is a financial doomsday.

    mjp28M gftChrisG 2 Replies
  • MLD WoodyM MLD Woody

    Shit I better get on buying a house then

    @mld-woody said:

    Shit I better get on buying a house then

    I do not think you may ever see the post 2008 crash interest rates again where borrowing money was nearly free. Refis with super low rates will be quickly closing up and the bank profits and bank stocks will going up.

    When someone buys a home I recommend checking out getting a HELC at that time as part of the deal since most fees will already be paid even if you do not have any need for the money PLUS if you're doing any fix ups or furniture , etc. it's a nice tax deductible way to go.

    I have a subprime HELC which is mine and the bank cannot change it -but- check out all of the terms and conditions of any major transactions.

    And good luck. 😉

    GO BUCKEYES, BROWNS, INDIANS, CAVS, YSU, NAVY and yes I like ND!
  • LogicIsForSquaresL LogicIsForSquares

    @oldbrownsfan said:

    For all the sky was falling panic when Wall Street realized Trump was going to win and the stock market took a dive...within 24 hours the stocks rebound hundreds of points higher...silly panic attack

    A friend works in banking/finance and said people at work were popping champagne. So I don't think it is a financial doomsday.

    @logicisforsquares said:

    A friend works in banking/finance and said people at work were popping champagne. So I don't think it is a financial doomsday.

    Bank stocks soared today which pulled up the 30 stocks in the DJIA "DOW". But do remember stocks can and will go up and down, makes it more fun. The S&P and NASDAQ also had a nice day both +1%.

    Some of the talking heads I watched were talking about DOW 20,000 or higher, I started in the market when the DJIA cracked 1,000 for the first time ever....then crashed back to 700 and died for years! That was in the 1970s, DOW 2,000 was a book I read in college and many said it was impossible. Yeah right!

    GO BUCKEYES, BROWNS, INDIANS, CAVS, YSU, NAVY and yes I like ND!
  • LogicIsForSquaresL LogicIsForSquares

    @oldbrownsfan said:

    For all the sky was falling panic when Wall Street realized Trump was going to win and the stock market took a dive...within 24 hours the stocks rebound hundreds of points higher...silly panic attack

    A friend works in banking/finance and said people at work were popping champagne. So I don't think it is a financial doomsday.

    @logicisforsquares said:

    A friend works in banking/finance and said people at work were popping champagne. So I don't think it is a financial doomsday.

    Some people will be happy because they trade volatility.

    Also noteworthy, shares in private prisons jumped a LOT. Like, 40%.

    MLD WoodyM DieHardBrownsFanD mjp28M 3 Replies
  • gftChrisG gftChris

    @logicisforsquares said:

    A friend works in banking/finance and said people at work were popping champagne. So I don't think it is a financial doomsday.

    Some people will be happy because they trade volatility.

    Also noteworthy, shares in private prisons jumped a LOT. Like, 40%.

    @gftchris said:

    Some people will be happy because they trade volatility.

    Also noteworthy, shares in private prisons jumped a LOT. Like, 40%.

    But weed is more legal now 🙂

    Ja.brill Peppers - Cleveland Brown OldBrownsFan, on 02 Jun 2017 - 5:09PM said: "No you are not the work of the devil but you are deceived by the devil." Who's got it better than us? Nooooobody!

  • Thursday 11/10/16 Dow record close 18,807.88 up 218.19, wow super hot, I might wait for a dip.

    Banks up again, lead rally.

    I saw part of Trump's White House visit, 15 minute visit turned into 90 minutes, he looked a bit "wowed" about the whole thing, no kidding big step from The Apprentice to The World.

    GO BUCKEYES, BROWNS, INDIANS, CAVS, YSU, NAVY and yes I like ND!
    mjp28M 1 Reply
  • gftChrisG gftChris

    @logicisforsquares said:

    A friend works in banking/finance and said people at work were popping champagne. So I don't think it is a financial doomsday.

    Some people will be happy because they trade volatility.

    Also noteworthy, shares in private prisons jumped a LOT. Like, 40%.

    @gftchris said:

    Some people will be happy because they trade volatility.

    Also noteworthy, shares in private prisons jumped a LOT. Like, 40%.

    Good, we need room for the illegals before we deport them.

    "You planning on having a long relationship with that glass or are you going to drink it? Drink up, man. Maybe we can get another.” - Janis Joplin, 1970.
  • gftChrisG gftChris

    @logicisforsquares said:

    A friend works in banking/finance and said people at work were popping champagne. So I don't think it is a financial doomsday.

    Some people will be happy because they trade volatility.

    Also noteworthy, shares in private prisons jumped a LOT. Like, 40%.

    @gftchris said:

    Some people will be happy because they trade volatility.

    Also noteworthy, shares in private prisons jumped a LOT. Like, 40%.

    Plus prices on silicone valley stocks again leading the NASDAQ lower while the DOW is at a hot record high. They're calling it the "Trump rally".

    GO BUCKEYES, BROWNS, INDIANS, CAVS, YSU, NAVY and yes I like ND!
    Tour2maT 1 Reply
  • OldBrownsFanO OldBrownsFan

    @mld-woody said:

    Shit I better get on buying a house then

    I would recommend it. In 1983 when I bought my first house the fixed 30 year interest rate was 10 3/4 percent. Who knows how much longer we will have the present low interest rates?

    Actually my daughter bought her house at a great time a few years ago...low interest rates plus an $8,000 incentive thanks to the Obama (failed) stimulus.That was probably the best time ever to buy a house. Housing prices were down, interest rates were low and the government was handing out a check for 8 grand to home buyers.

    @oldbrownsfan said:

    Actually my daughter bought her house at a great time a few years ago...low interest rates plus an $8,000 incentive thanks to the Obama (failed) stimulus.

    You just can't help yourself can you. Can't wait to gear your thoughts on the coming Trump stimulus.

    @oldbrownsfan said:

    For all the sky was falling panic when Wall Street realized Trump was going to win and the stock market took a dive...within 24 hours the stocks rebound hundreds of points higher...silly panic attack

    It was not "Wall Street" that started the fall... it was international markets who were freaking out. Wall Street simply cashed in on the freak out.

    "When you have a shared vision it is a lot easier to make unpopular decisions." - Paul DePodesta "When you win, say nothing. When you lose, say less." - Paul Brown Complete 2017 Browns Board Mock: http://thebrownsboard.com/forums/index.php?showtopic=46196
  • mjp28M mjp28

    @gftchris said:

    Some people will be happy because they trade volatility.

    Also noteworthy, shares in private prisons jumped a LOT. Like, 40%.

    Plus prices on silicone valley stocks again leading the NASDAQ lower while the DOW is at a hot record high. They're calling it the "Trump rally".

    @mjp28 said:

    Plus prices on silicone valley stocks again leading the NASDAQ lower while the DOW is at a hot record high. They're calling it the "Trump rally".

    Rotation or fear of retribution? Or both?

    "When you have a shared vision it is a lot easier to make unpopular decisions." - Paul DePodesta "When you win, say nothing. When you lose, say less." - Paul Brown Complete 2017 Browns Board Mock: http://thebrownsboard.com/forums/index.php?showtopic=46196
  • Tour2maT Tour2ma

    @mjp28 said:

    Plus prices on silicone valley stocks again leading the NASDAQ lower while the DOW is at a hot record high. They're calling it the "Trump rally".

    Rotation or fear of retribution? Or both?

    @tour2ma said:

    Rotation or fear of retribution? Or both?

    Oh definitely retribution and uncertainty.

    GO BUCKEYES, BROWNS, INDIANS, CAVS, YSU, NAVY and yes I like ND!

  • Agree, but I'll be nibbling not too much lower... Amazon, Apple, google...

    What caught me off guard were the commodity stocks... FCX and VALE, etc. Did not think of them...

    "When you have a shared vision it is a lot easier to make unpopular decisions." - Paul DePodesta "When you win, say nothing. When you lose, say less." - Paul Brown Complete 2017 Browns Board Mock: http://thebrownsboard.com/forums/index.php?showtopic=46196
  • OldBrownsFanO OldBrownsFan

    @mld-woody said:

    Shit I better get on buying a house then

    I would recommend it. In 1983 when I bought my first house the fixed 30 year interest rate was 10 3/4 percent. Who knows how much longer we will have the present low interest rates?

    Actually my daughter bought her house at a great time a few years ago...low interest rates plus an $8,000 incentive thanks to the Obama (failed) stimulus.That was probably the best time ever to buy a house. Housing prices were down, interest rates were low and the government was handing out a check for 8 grand to home buyers.

    Posted Today, 04:59 PM

    OldBrownsFan, on 09 Nov 2016 - 5:49 PM, said:snapback.png

    @oldbrownsfan said:

    Actually my daughter bought her house at a great time a few years ago...low interest rates plus an $8,000 incentive thanks to the Obama (failed) stimulus.

    You just can't help yourself can you. Can't wait to gear your thoughts on the coming Trump stimulus.

    ********************************************

    Third gearing my thoughts...just stating a factual story Tour...My daughter bought a house at a great time with an $8,000 gift from Obama from his failed trillion dollar stimulus...probably others cashed in on boondoggles such as the cash for clunkers ...other monies went to shovel ready projects such as bankrupt Solyndra...in the end almost a trillion dollars was spent without much to show for it..it would have been much more productive to have used that trillion dollars solely on infrastructure projects.

    OldBrownsFan, on 09 Nov 2016 - 6:08 PM, said:snapback.png

    @oldbrownsfan said:

    For all the sky was falling panic when Wall Street realized Trump was going to win and the stock market took a dive...within 24 hours the stocks rebound hundreds of points higher...silly panic attack

    It was not "Wall Street" that started the fall... it was international markets who were freaking out. Wall Street simply cashed in on the freak out.

    ********************************************

    You got my point it was a silly panic attack for the markets to freak out over Trump winning the election..

    Tour2maT 1 Reply

  • Given the promised cut in corporation tax rates, it's not surprising to see american business that don't rely on foreign resources or manufacturing to go up. Likewise, it's not surprising to see tech companies not getting the same boost as things like iPhones made in China or wherever will be subject to new higher taxes.

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