Oh yea.
Yes, even though I, and many like me, will not be voting for a president but still voting down ticket, I do believe Romney will win in a huge landslide.
Look back at 1980 when Reagan defeated Carter. Even with Anderson on a third party ticket taking 7% of the vote, Ronaldo Maximus still won in a landslide.
Now I do not expect anything close to 7% of the electorate not voting for either Romney or Obama. Besides, Obama makes the peanut farmer look like a friggen genius.
Why?
"I have heard many experts say that they are themselves baffled?
These are folks that are deeply saddened that no one gives a flip about their pricing scheme.
"I could give all kinds of economic numbers from various key industries, along with numerous statistics pointing to the way Obama has indebted our grandchildren's grandchildren. I could also give economic information that shows almost every country in the world is an economic basket case from China to the European Union, yet the stock market keeps defying reality.
Reality is the real deal, not bags of feelings and data. Reality understands the data and acts accordingly, while at the same time ignoring the feelings and desires of those that play nothing more than an imaginary hand.
"I keep wondering if Bernanke is pumping the stimulus money into the market to fool the masses that still think a great stock market equals a great economy."
Bernanke isn't "pumping stimulus money". The market activity represents economic activity.
"If that is the case, does anyone besides me expect the market to crash next year after Romney is sworn in?"
Depends on what happens in the future. The only major economic problem that stands as a threat is forced participation in the healthcare "insurance" scheme.
"WHY? WHY? WHY, is the stock market soaring when in reality is should be fighting to survive?
Consider the fact that some folks do stuff, while others just feel what ought to be. The doers won't stop until they're dead.
You have several factors going on. 1. The new norm is the slow markets and businesses adapt to the market and start to make a profit again, even if the overall economy is in a downturn. 2. After the steep crash, people are starting to re-enter the market hoping for a turn around.
However, all is not as great as it appears. One thing to look at is the volume. Outside the blue chips, there isn't a lot of movement, especially on OTC market stocks. This means that small investors are dropping out and it is mostly institutional investors doing the trading. I've noticed this on a lot of OTC Pink Slip stocks I have. There are many days where you have virtually no trades on the stocks. I have one that is a supplier to AAPL so you would think it would do well, but it has very little attention at all in the market. It is just the institutions playing the big names.
This is also why investors sold hard in Fall of '08...they saw Obama and socialism coming. It was not Bush who caused it, it was Obama.
Now investors see lower taxes and a businessman about to take office...so the opposite of a crash is taking place.
If I were you, I would put some money in BEFORE Romney moves way ahead. That's what smart investors are doing now.
The American stock market today is not about manufaturing in the domestic American economy. It is about American stock holders and name only American companies, investing in and producing their profits abroad.
The American stock market cheers on Apple, Microsoft &c, making their money by using cheap slave labor in China and other countries.
The market reflects opinion, confidence, and human aspirations more than financial metrics. Right now there is no other place to make money, so despite all you cite, people believe in the market and thus, the market responds.
For one thing, the market bets on not only the ups but also the downs, i.e., participants can win when a company loses.
It’s not your father’s stock market.
Who will buy when everyone who can or is willing to buy has already done so? Who will sell when everyone who can or is willing to sell has already done so? Trapped, wrong-way traders, that's who:
Traders who are trapped by the market moving against them are far more likely to be willing to sell at the lows or buy at the highs than those who have either big profits or no position will be.
The belief that the market simply must crash creates a great supply of shorts versus longs. So the laws of probability mean that, in such situations, it is far more likely that shorts can and will be trapped—"squeezed." With few longs, there's not enough of them to "squeeze" into panic selling. And a big supply of shorts mean there's an oversupply of traders who will nervously take profits by buying, and a big supply of traders who wish they were short...at a higher price, and so will stubbornly wait for a higher price before selling.
The belief that the market simply must rise creates a great imbalance of longs versus shorts. So the laws of probability mean that, in such situations, it is far more likely that longs can and will be trapped and so induced to sell in a panic. And a big supply of longs mean there's an oversupply of traders who will nervously take profits by selling, and a big supply of traders who wish they were long...at a lower price, and so will stubbornly wait for a lower price before buying.
I don’t see the problem here. At any given time, some people think the market is overpriced, and some people thing it is underpriced. That’s why trades happen.
You think the market should be at 5,000. You just pulled that number out of your rear end. Why 5,000 and not 4,000 or 6,000? If you can’t answer, you don’t know how to analyze market value anyway.
If you think the market is overpriced, don’t buy it. Very simple, and a tactic used by millions of investors. You can buy when it gets to your magic number of 5,000. Then you’ll be happy and optimistic, right?
Bonds are extremely low, some are at .125%. Gold has gone up to historic highs and are now dropping. CD’s are at 1%. As some have pointed out, there is hope that Romney will win and do something good for the country and business. What else are investors going to put their money in?
Bonds are extremely low, some are at .125%. Gold has gone up to historic highs and are now dropping. CD’s are at 1%. As some have pointed out, there is hope that Romney will win and do something good for the country and business. What else are investors going to put their money in?
Since the US economy and investment markets are in better shape than any other major venue, investment cash is propping up asset values. As the old joke goes, to escape being eaten by a charging bear, you do not have to be faster than the bear, just faster than the other guy.
It will tank WHEN George Soros wants it to tank.
plain and simple
Look at the Stock Market adjusted to the price of gold. I think that looks more accurate. This is the democrat controlled stock market... Legislation and regulation picking winners and losers. Totally unrelated to the skyrocketing costs of food and energy, which are not indexed for inflation figures. Lots of free Uncle Sugar money out there too.
The headline on Drudge is that guns may be regulated, and of course the UN treaty in the headlines is making gun owners nervous.
My guess is gun stocks will soar tomorrow. Drudge can have that effect.
About two years ago, I asked someone that very same question.
They told me that the day-to-day market purchases aren’t done by people. They’re done by computer algorithms.
The crash a couple of years ago? Yeah, a computer went haywire and started selling. Other computers saw the trend and started selling. It was a technical glitch.
Yes, humans run the computers, but the majority of the work is done on autopilot.
That is why I quit watching the stock market. It used to be a good reflection of the economy, but it’s not any more. Now, what you’re watching are a series of computer programs reacting to one another.
The human trades can influence the market (cause reactions in the programs) - if there are enough of them done at one time.