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Hall of Famer [22930]
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Stock Market seems pleased with election results
Nov 9, 2020, 9:07 AM
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We'll see if today's futures hold for the entire session.
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All-TigerNet [10354]
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it's not the election.......read up on it.***
Nov 9, 2020, 9:08 AM
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Hall of Famer [22930]
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You need to read up on it
Nov 9, 2020, 10:25 AM
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Biden was elected, then he helped discover the vaccine in just a few days time. Stock market is rewarding us for his generosity.
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Heisman Winner [111292]
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Re: Stock Market seems pleased with election results
Nov 9, 2020, 9:36 AM
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the Dow loves Grid lock, it means stability for the markets.
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All-TigerNet [12989]
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Re: Stock Market seems pleased with election results
Nov 9, 2020, 10:38 AM
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Fight for those run-offs though, to end gridlock and punish everyone that saves money. That’s the liberal way.
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Hall of Famer [22930]
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Don't low interest rates punish savers too?
Nov 9, 2020, 10:44 AM
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I've seen folks bragging about Trump using low mortgage rates as a measure. Plus stock market has been good during Democrat presidencies.
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Hall of Famer [23946]
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Re: Stock Market seems pleased with election results
Nov 9, 2020, 10:39 AM
[ in reply to Re: Stock Market seems pleased with election results ] |
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The best of both worlds for large caps. No rise in the corporate tax rate if the Republicans hold the senate, and a president who will probably not fight large companies from using cheap labor.
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All-In [34092]
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Only one explanation:
Nov 9, 2020, 9:40 AM
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Wall Street is so excited over the fake vaccine for the hoax pandemic that it totally forgot about the stolen election.
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All-In [48078]
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Re: Only one explanation:
Nov 9, 2020, 9:45 AM
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SHould have invested in travel stocks. It all seems so obvious now.
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110%er [9639]
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I'm waiting for Trump to sue Pfizer for announcing the
Nov 9, 2020, 9:44 AM
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vaccine right after the election.
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All-In [26968]
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I can never understand how they do this...
Nov 9, 2020, 10:32 AM
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Almost every time I read or hear about how the stock market is doing on a given day, it'll say something like "Investors were encouraged by the election results," or "Stocks took a dive due to fears about COVID". How can anyone know this? Is this based on a poll or something? It's just pure conjecture, right?
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All-TigerNet [13605]
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Re: I can never understand how they do this...
Nov 9, 2020, 10:33 AM
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I've always wondered the same, but some times its pretty obvious.
Today is the vaccine
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All-In [48078]
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Re: I can never understand how they do this...
Nov 9, 2020, 10:38 AM
[ in reply to I can never understand how they do this... ] |
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They can tell by certain stocks that are being bought. Carnival Cruise stock is up close to 40% today. American Airlines up 15%. Exxon up 12%. Hilton up 12%. Dine Brands, which owns Applebess etc is up 18%. Wynn Resorts is up 27%. All those stocks are vaccine related and it's just people thinking the world will be back to normal not too far down the road. People are going to be travelling, going out to eat, etc etc.
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