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S&P 500 erases its loss for the year as stocks rally on reopening optimism
CNBC ^ | 6/8/2020 | Free Imbert, Yun Li y

Posted on 06/08/2020 4:09:35 PM PDT by LibWhacker

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To: madprof98

“A Democrat victory would put a quick and decisive end to all this upward movement.”

it’s also quite possible that this market is already baking in a GOP victory only five months down the road because if the market thought that biden and the Dems were going to win, it wouldn’t be showing this much exuberance ...


21 posted on 06/08/2020 5:42:21 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: Sacajaweau

I was in Cash, bought back in to save America and now I’m slowly going back to cash. Democrats aren’t done trying to destroy the economy. They got 5 months.


22 posted on 06/08/2020 5:56:05 PM PDT by UNGN
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To: Sacajaweau

“Never dreamed it would be back up to where it was”

I did ... and invested accordingly when the market was at its bottom a few weeks ago ... so far, my portfolio of very carefully selected babies that were thrown out with the bath water are up nearly 50% since then ...

my investment strategy has been to study President Trump, and what i realized is that he’s never wrong (at least almost never wrong), and it’s because when he says repeatedly that he has a FEELING that the economy will quickly come roaring back, what he’s really saying is that as the leader of the free world he has more information and analysts available to him than the rest of the world’s political and economic leaders put together, and it’s THAT information and THOSE analysts and his business acumen to understand the meaning of the totality of the situation that says the economy will quickly come roaring back ...

meanwhile, the media, the Dems, the anti-Trumpers and all the rest take Trump’s statements regarding “feelings” at their face value because none of them understand that President Trump is a true genius, but instead continue to believe he’s nothing but a buffoon ...


23 posted on 06/08/2020 5:56:07 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: hanamizu

““The Stock Market May No Longer Care If Trump Wins the Election””

uh, huh ... when pig’s fly ...


24 posted on 06/08/2020 5:57:20 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: the_Watchman

“I happened to look at my portfolio at the 2020 peak in February and I am still down .5% from the peak.”

that’s the beauty of not panicking ... even MORE beautiful is to have the guts to stuff a lot of cash into babies that were thrown out with the bathwater when the market was at its bottom ...


25 posted on 06/08/2020 5:59:08 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: catnipman

Good point!


26 posted on 06/08/2020 6:22:01 PM PDT by LibWhacker
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To: LibWhacker

Those senators doing insider trading must be feeling pretty stupid.


27 posted on 06/08/2020 6:23:25 PM PDT by Raycpa
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To: LibWhacker

They market is setting us up for a huge correction in September and October. The economy sucks. Even Jim Cramer said this was all wrong and seems to be a set up for failure.


28 posted on 06/08/2020 6:48:00 PM PDT by ncfool (Impeachment: The Democrat campaign to re-elect Trump - Keep America Great 2020)
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To: catnipman

That is my thought as well. The “Market” is - expecting a Trump win.


29 posted on 06/08/2020 7:13:06 PM PDT by Robert A Cook PE (I can only donate monthly, but ABCNNBCBS donates every hour, every night, every day of the year.)
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To: LibWhacker

Dems deeply upset....


30 posted on 06/08/2020 8:08:48 PM PDT by ConservaTeen (WFLA's Jack Harris: Brooklyn is missing their village idiot. Right you are, Jack.)
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To: LibWhacker

Democrats saddened !!


31 posted on 06/08/2020 8:23:55 PM PDT by HP8753 (Live Free!!!! .............or don't.)
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