17
posted ago by surfdad64 ago by surfdad64 +17 / -0

What is going on with the market? Earnings are up and so are job report? Thanks for any insight

Comments (19)
sorted by:
6
lefty295 6 points ago +6 / -0

It's mainly the stimulus. Dems would literally ruin the country if they don't get their way.

2
deleted 2 points ago +2 / -0
2
FreeBased1 2 points ago +2 / -0

I would suggest this as a buying opportunity.

It's all a game, anyways. We all know POTUS will win on November 3rd, and we all KNOW the markets will shoot up overnight and on November 4th.

If we all vote for republicans, to give POTUS the House and Senate, watch the fuck out; there won't be any stopping us! We'll be BEGGING POTUS Trump to stop winning. Please, Sir, no more winning. We can't take it!

2
deleted 2 points ago +2 / -0
6
txgunsupply 6 points ago +6 / -0

They will drive them down to the center of the earth if they think it has any chance at harming Trump.

5
Fizbin7 5 points ago +5 / -0

China corruption is huge. World historical scale. Vast swaths of western "elites" in government, corporations, and academia are directly compromised.

Nobody knows how much is going to come out now, or what the American people are going to do to them when they find out.

The guilty are selling and headed for private islands.

5
farfiman 5 points ago +5 / -0

They watch MSM polls and expect Trump to lose.

4
Nimble_Sneak 4 points ago +4 / -0

Election jitters, and Covid relief bill getting held up.

3
Dergy 3 points ago +3 / -0

Election jitters. That's all it is.

2
Proud_American 2 points ago +2 / -0

This.

The vast majority of people in the market are still dependent upon the gains. If they have even an inkling of doubt they will sell. Long term players will soak up their losses like the first seasonal rains in the desert.

3
deleted 3 points ago +3 / -0
2
deleted 2 points ago +2 / -0
2
deleted 2 points ago +2 / -0
2
deleted 2 points ago +2 / -0
2
rockedbottom9 2 points ago +2 / -0

I’m very happy with this price action. A whole lot of really big institutions and funds were positioned for a “blue wave”. You couldn’t turn on CNBC and not hear that bullshit narrative. They are now slowly realizing that Trump is going to win, and are unwinding all their positions. This is really good news. Seasonally too, the few weeks leading up to the election is very weak. Expect a nice rally after GEOTUS gets re-elected.

1
deleted 1 point ago +1 / -0
1
rockedbottom9 1 point ago +1 / -0

I can’t tell you that, sorry. But if you want to, here’s a 20 minute video from Larry Williams, who is a legend, on how to trade around elections . It also answers the question of what is happening right now, and the market is saying Trump is going to win.

https://youtu.be/9kzUNSWHSs4

1
surfdad64 [S] 1 point ago +1 / -0

thanks for the insight... Hoping 11/3 is a win for us

1
Thx1138 1 point ago +1 / -0

Anyone who claims to know what causes short term moves should prove it by publishing their investment history.