Posted on 10/03/2016 10:12:59 PM PDT by 2ndDivisionVet
A big drop in the stock market in mid-October should mean a swing toward GOP presidential nominee Donald Trump in presidential election polls, according to technical analyst Tom McClellan.
The path of Dow Jones industrial average gives us clues for what the presidential election poll numbers are going to do, the editor of The McClellan Market Report explained on Monday, which he says has predicted the outcome of the past four presidential elections....
(Excerpt) Read more at cnbc.com ...
I have no problem rooting for stocks to nosedive the next few weeks, especially if it helps the cause.
Glad they clarified in the first sentence what the headline meant.
And if stocks start to “nosedive” the Fed will pump huge piles of digital dollars into it to keep it up. The Fed can create an unlimited number of those d-dollars and force anything short of a total meltdown back up to 18,000.
Yes, no way the Fed allows the Stock market to tank.
That’s not how it works. The Fed printing money doesn’t translate into funds buying stocks immediately.
The stock market is a microcosm of the greater economy. The Fed can only macro manage not micro manage.
The Fed keeps down interest rates which encourages stock purchases.
If the Fed raised rates a single tick the entire phony structure would collapse.
As long as the Fed tells stock buyers it is keeping the money cheap, stocks will keep selling.
The dude this morning said...market will be no big deal.
The plunge protection team is working overt to stop any crash, if they can.
There should be a question mark following your question.
I agree with your assessment of the Fed. I merely stated that they cannot control a stock market crash. They can only react to it.
Not just the Feds but Soros and Buffet will swing into action to keep the market afloat.
Agreed.
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