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Wall Street jumps as energy gains hint at Romney victory
Reuters ^ | Tue Nov 6, 2012 3:02pm EST | By Caroline Valetkevitch

Posted on 11/06/2012 12:19:26 PM PST by Red Badger

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To: Sarah Barracuda
The media would be “Shocked” by a Romney win but I wouldn’t be shocked..today is the day that the American people decide if they want America to be a Communist country or a Capitalist one..and I think that by the energy Im seeing from Republicans that we are going to decide that we love Capitalism!!

False dilemma spotted.

Anyway, Republicans have done a bangup job fixing this:


21 posted on 11/06/2012 12:35:23 PM PST by ksen
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To: Red Badger

Surprise, surprise, surprise! Rooters is always the last to know.


22 posted on 11/06/2012 12:37:35 PM PST by tumblindice (D-day!)
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To: Red Badger

If Romney wins, the markets are going to go wild. Investors are going to feel unleashed. Capitalist are going to capitalize our economy, and we’re all going to get richer. Energy, if allowed, could make us a very wealthy nation again. We could redistribute the wealth from nonexistent to produced. Vote Romney.


23 posted on 11/06/2012 12:42:03 PM PST by elhombrelibre ("I'd rather be ruled by the Tea Party than the Democratic Party." Norman Podhoretz)
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To: Red Badger
IMO, this doesn't mean much. Gold is up $30 today. If Romney wins, gold will fall. You can find examples on either side. If Obama wins, coal is finished, but coal is up today.

Who knows.

T is down and going down. NLY is down and going down. Does that mean Obama will win and raise taxes on dividends? Maybe we will know more tomorrow.

If Obama wins, I will predict the whole market will be down by Jan due to tax selling for the 2013 tax increases. The market going up today is a good sign if they are willing to look danger in the eye and buy now.

24 posted on 11/06/2012 12:48:14 PM PST by chuckles
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To: Red Badger

If heaven forbid Obama wins a second term, I bet the market will lose at least 600 points on Wednesday


25 posted on 11/06/2012 12:57:10 PM PST by The Great RJ
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To: ksen

How much of that productivity is due to greater use of machines, instead of humans, to do certain jobs, like in the auto industry, and some heavy manufacturing?


26 posted on 11/06/2012 12:58:09 PM PST by SuziQ
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To: Red Badger

Taxes will be going up Jan 2013 even if Romney wins AND if GOP lose senate, then, TAXES will be staying up. Fiscal cliff here we come...


27 posted on 11/06/2012 1:04:40 PM PST by Fred (http://thebubblefilm.com/)
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To: SuziQ
How much of that productivity is due to greater use of machines, instead of humans, to do certain jobs, like in the auto industry, and some heavy manufacturing?

How much of that equipment can run without human input of some kind. The same human input whose wages have been severely lagging for the past 30 years?

eta: Hi SuziQ how ya been!?

28 posted on 11/06/2012 1:06:08 PM PST by ksen
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To: The Great RJ

That’s one reason I figured we’d see a big sell-off late *today*, nobody wants to be in a long market position when a disaster of epic proportions is about to hit.

But we didn’t have a sell-off even though the trend was noticeably down after 3 PM.

Maybe traders do know something good.


29 posted on 11/06/2012 1:06:11 PM PST by PermaRag (If Trayvon had a father, he'd look just like Obama)
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To: Fred
Fiscal cliff here we come...

Why are you worried about the fiscal cliff? Don't you want government spending drastically reduced?

30 posted on 11/06/2012 1:08:00 PM PST by ksen
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To: Red Badger

Surprise victory???...LMAO!


31 posted on 11/06/2012 1:09:27 PM PST by AngelesCrestHighway
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To: dinoparty

“Not sure what they could know that we don’t. But maybe?”


I have no doubts that they get copies of the candidates internal polls from their cronies that are working on the campaigns.


32 posted on 11/06/2012 1:15:33 PM PST by RatSlayer
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To: Red Badger; All

Look at that chart. Right when the people below came out of the “quarantine room”, the market popped.

http://www.poynter.org/latest-news/mediawire/194410/exit-poll-data-will-be-examined-in-quarantine-room/

At 11 a.m. today, representatives from the consortium of news organizations that sponsor the National Election Pool will enter a “quarantine room,” where they’ll look at data gathered via exit polls, Michael Calderone reports.

Six hours later, staffers will be permitted to start sending data to their respective news organizations, while additional exit polls, especially on the West Coast, keep coming in.
The news orgs represented — ABC, CBS, NBC, CNN, Fox and the AP — can report general trends but cannot report the results of exit polls until the polls close. Anne Cronin at Politico has made a handy map showing the times at which the individual states’ polls close.

Reuters reporter Lisa Richwine says the quarantine room lacks phone or Internet access. At 5 p.m., the quarantine will lift, and the representatives will be able to share their data with their respective organizations.


33 posted on 11/06/2012 1:40:16 PM PST by AmericaUnited
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To: Red Badger
as some investors bet that Republican Mitt Romney could pull off a surprise victory

Reuters is so cuuuuute.

34 posted on 11/06/2012 2:01:40 PM PST by St_Thomas_Aquinas (Viva Christo Rey!)
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