If Trump is struggling so bad, why is the stock market raging? I'm up over 55%.
(media.patriots.win)
posted ago by TheObelisk
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Because everyone knows this will get settled in court and Trump will remain President.
This is my hope. But hope can be blind. I'm trying not to be naive.
Probably because Biden won dontcha know? And he will save all of us! We will be prosperous and happy!
/s
Because the Senate is Republican. Which means either way if Biden wins nothing much will change, and if Trump wins there will be continued business friendly governance.
Here's my thought: it's not about who wins or loses, it's the fact that even with this "uncertainty" there is relative calm. We are not seeing the predicted riots. We are not witnessing the breakdown of society. Everything is, for all intents and purposes, OK. I believe that "relief" is driving the markets now.
Investors calling their people on the ground - "Are the boards over all the windows still intact? ok buy buy buy"
because they think Biden won. Don't forget, the market is all in for a Biden win so that China wins.
Might be a mistake but I'm taking my 401 k profits under Trump and moving into cash starting at the end of trading today. I know nothing though so don't mistake it as advice for you. I'm getting up in my years.
Did that on Election Day to prepare for the shenanigans...
Because we kept the senate and Biden’s crazy tax plan won’t pass
It is a total pump in case Joe steals it.
Sell high and buy low.
This is the pump part of a pump and dump.
For a pede who's only known pump and dumps as drunken nights out, how does it work in the stock market?
Traditional pump and dump is like telling all your friends to buy the stock, the price increases because you convinced them to buy, and then you sell when the price is high. Except you convince suckers to buy and usually your friends are in on the scam and make money too. Pump up the price, dump the stock after. Typically you see this with small stocks and not the entire market.
Because republicans kept the Senate and made gains in the house.
I wouldn't put too much stock in it. (heh). Not only did we keep the senate, think about who trends on the DOW: huge corps. These corps have done amazing under COVID while little guys are crushed.
It's expecting another stimulus in the near future.
because Biden is the candidate of Wallstreet.
I started stocks last November and i've noticed the market tends to rise with Trump's actions. Biden wants a high corporate tax and to end certain industries. I can't imagine the market would like that. Does the market know something we don't? I think this is the highest my portfolio has ever been.
because all the irregularities + SCOTUS = 4 more years
Senate didn't go Dem.....yet. if it does you better cash out son!
Mainly because it looks like the Senate will stay red and GOP gaining in the house. This prevents Biden's tax hikes, if he were to steal the election.
Damn I'm only up 34% over that time. What are you holding?
My main big boy carrying a lot of my weight is Enphase Energy [+408.27% @ +$397.43] and then there's Lattice Semiconductor Corp [+127.75% @ +$167.31] And then i have Sony and Microsoft who are both up around +55-60%. Then 13 others who are doing pretty good but not phenomenal.
Wal street would rather go back into business with China
What do you got that's giving you $10 in dividends a quarter? Whenever I rebalance my play account always looking for something to do with leftover change.
My dividend game isn't all that strong at the moment. But FSK FS KKR Capital Corp is a Dividend yield of 19.54% and Ares Capital Corp is 11.10%. They do most of the work. Also the Southern Co has a yield of 4.22% which ain't shabby.
Nice. I'll keep those in mind. My play account is complete Basic Becky meme based. Apple, Tesla, Nvidia, Aurora Cannabis and Palantir. I put my account change into Aurora Cannabis yesterday when I saw it was basically at its all time/5 year low at $4.44
But I'm up like 134% total gains YTD 💪
I made this. It may help ya if ya want. https://i.imgur.com/3osFdBq.jpg
Nice, thanks 👍