Posted on 08/24/2020 6:59:19 PM PDT by Hojczyk
Futures are up again tonight
Is Wall Street secretly helping Trump??
Or will there be a big crash come election time?
There has been no real pull backs since the low??
Maybe time to sell before October??
This is like the virus insanity
Where’s the money going to go? China? I lot of business and money may be moving away from China, including from the Chinese themselves (for better or worse).
lol wut?
I cannot answer your question, but our IRA is doing quite well because of it.
The economy is coming back. A lot of money was on the sidelines needing a place to invest.
Wall Street is a leading indicator. It is likely translating the fact that Biden is going to get beat like Mohommad’s wife in the election, and we will not have to endure the stupidity he is pushing.
I would probably go to cash right now but it takes too much time, effort and courage.
Investors may be thinking that the chances of a Trump re-election have gone up, and that a Trump win will be better for corporate profits than a Biden win, but there’s no conspiracy involved to try to get Trump re-elected.
Investors buy and sell to make money, and for no other reason. Of that you can be sure.
Ding, ding, ding! It’s a classic investment bubble... the widely understood “only game in town” while the rest of the economy is shuttered or running way below capacity or any level of profitability. Before that it was the housing bubble, and before that the Dot.com bubble. Welcome to the casino!
I’ve been watching this for weeks, and especially after the Democrats convention; at that point the cat was out of the bag! Everyone who places bets knew everything they needed to know about them because Trump’s plan has always been in the open, only the Democrats was not. I think its safe to say there will be another 4 years of prosperity and winning, and when Trump gets the vaccine rolling, Katy bar the door!
Because there is nowhere else to put money where it can get any return.
The BIG money will get out the day before they let it fall to earth.
“Especially after the Dem convention....”
That would be Friday. Then today.
They may be pumping for a future dump.
I’m trying to figure out how to best hedge in case the Rats win.
I thought of buying a bunch of SQQQs. I’m pretty sure the market will crater about 20% if Biden were to win.
Do you have any ideas?
Weren’t we told Wall Street endorsed Biden? If true keep an eye out for a sudden crush probably in October...call it the October surprise!!
I changed my 401K to cash back in March and missed out. Still I see the market being a bubble. With $3T in stimulus floating around and zero interest rates, money can only go into stocks.
Americans are ALSO buying real-estate. Existing home sales in 2020 are running whopping 30% ahead pf 2019.
If not stocks, where can cash go? In CD’s paying 0.1% while real inflation is running 50 times higher than 0.1%?
The crazy FED has ZIRP (zero interest rate policy) in place. And the gov’t is shoving TRILLIONS of dollars in to the system. So stocks is the only game in town with SOME CHANCE to keep ahead of inflation.
Pump and dump for late October.
Hedges are not free. You should buy hedges only if you have short term capital gains and wish to hold out for long term gains after 1 year holding period, AND you expect stocks to go down before the 1 year holding period.
If you already have long term gains, and you are afraid stocks will crater with a Biden win, why not sell now?
To use the money from stocks, you must sell first.
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