Posted on 10/29/2020 5:41:05 AM PDT by BellaMac
I’m ecstatic I sold off a few minor profit makers yesterday and bought SPY call options yesterday in anticipation of next weeks election results and might get the same result much earlier then planned :)
Yeah, I think Wall Street is looking for a big stimulus that the Democrats are promising. It seems their plan is to lock everyone down again, and just send everyone checks.
Trump or Biden. No choice really. GDP, law and order, foreign policy, etc.
Yep, crank up the 2nd wave noise.
Oh, they’re trying.
FRAUDci and the Leftists are spewing, 24/7.
Initial and continuing unemployment claims are down again this week as well.
This is why there has been this “character matters” push from Biden has been surfacing. To blunt this news with, “sure Orange guy is good on the economy, but I’m nicer than me.” Forgetting of course the guy is a plagiarist, liar, and now a crook.
Initial and continuing unemployment claims are down again this week as well.
that is awesome!
Beware the “algorithms” of Wall Street’s big Democrat-supporting, Trump-hating banks, brokerages and mutual fund companies.
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And Pelosi’s refusal to negotiate a stimulus package. Won’t happen before the election.
Agree, it was largely baked in so, while there could be some upside movement today, its unlikely there will be a big reaction.
Biden’s big supporters, both Dem handlers and the media, have to watch those rallies to see what’s going to be on the big screen next. We know that every media big media outlet is there and sees what is on the big screen. They can no longer legitimately pretend that they don’t know those issues even though they will.
Go figure.
It’s not 1.3%. I’m voting for Biden.
Wall Street either guessed wrong, or was very smart. Sink the market and buy back early as the market takes off.
We shall see what happens today in the market.
Meanwhile:
"Notably, Q3 GDP increased at an annualized rate of 33.1% (Briefing.com consensus 30.2%) following a 31.4% annualized decline in Q2, and weekly initial claims decreased by 40,000 to 751,000 (Briefing.com consensus 763,000). Market reaction has been muted to both reports."
You'd think they would let it go up solidly for a little while this morning at least, suck some more people in, and then crash it again.
Wondering why the market not reacting positively
The media will report this along with the Biden Crime Family story.
Because the election is a big black box, and nobody knows what’s going to creep out of that box (or spring from it).
“US Economy Grew At 33% In Q3 But Recovery Incomplete”
Really.
These media bastards are so predictable I could scream.
Pelosi should be a never-ending Republican campaign commercial
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I agree. They should be plastering her image everywhere. She is a campaign gift horse that is tailor made for the GOP.
First thanks for the ping.
Second, holy snarkies!
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