Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Stocks edged higher ahead of stimulus update
e-trade ^ | 20/10/20

Posted on 10/20/2020 2:08:47 PM PDT by Eleutheria5

4:20 PM ET 10/20/20 | Briefing.com

The S&P 500 gained 0.5% on Tuesday, although it was up as much as 1.5% ahead of a stimulus meeting between House Speaker Pelosi and Treasury Secretary Mnuchin. The Nasdaq Composite increased 0.3%, the Dow Jones Industrial Average increased 0.4%, and the Russell 2000 increased 0.3%.

Yesterday reports suggested a stimulus deal wasn't looking imminent, but comments from the House Speaker after Monday's close provided the market hope that both sides would get something done soon. Senate Majority Leader McConnell said he would bring a presidentially supported bill to the floor if it passes the House but reportedly wants a deal after the election.

Ms. Pelosi and Mr. Mnuchin were still negotiating at market's close, which may have caused some hedging activity for any disappointment. Nevertheless, ten of the 11 S&P 500 sectors still closed higher, led by the energy (+1.2%), financials (+0.8%), and communication services (+0.8%) sectors, while the consumer staples sector (-0.1%) closed lower.

.....

(Excerpt) Read more at briefing.com ...


TOPICS: Business/Economy; Extended News; Government; US: District of Columbia
KEYWORDS: markets; mnuchin; pelosi; stimulus
Navigation: use the links below to view more comments.
first 1-2021-27 next last
Nancy blinked. Stocks romped.
1 posted on 10/20/2020 2:08:47 PM PDT by Eleutheria5
[ Post Reply | Private Reply | View Replies]

To: Eleutheria5
The S&P 500 gained 0.5% on Tuesday, although it was up as much as 1.5% ahead of a stimulus meeting between House Speaker Pelosi and Treasury Secretary Mnuchin.

Wow! These experts are so good. They know exactly the market is going to do did.

Here's the template folks:
The S&P 500 (gained/lost) n.n% on [day] after it was (up/down) as n.n% (ahead/after) [event].

Most of this is complete BS. It means nothing.

2 posted on 10/20/2020 2:18:51 PM PDT by ConservativeInPA ("War is peace. Freedom is slavery. Ignorance is strength." - George Orwell, 1984)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Eleutheria5
I need to see a video of that before I believe it. With all that plastic surgery and Botox, I don't think she's blinked since the Beach Boys retired.

Seriously, thanks for posting this. I appreciate any news on the stimulus packages.
3 posted on 10/20/2020 2:19:36 PM PDT by Retrofitted
[ Post Reply | Private Reply | To 1 | View Replies]

To: Retrofitted

However, the maskless hair dye job she got that was so heavily publicized seem to have been very good

The tapes were released because she left such a puny tip


4 posted on 10/20/2020 2:26:04 PM PDT by bert ( (KE. NP. N.C. +12) t Zip-a-dee-doo-dah, zip-a-dee-ay My, o. h, my, what a wonderful day)
[ Post Reply | Private Reply | To 3 | View Replies]

To: ConservativeInPA
Nancy blinked.

That's impossible, the Botox has permanently locked her eyes in the open position.

5 posted on 10/20/2020 2:28:52 PM PDT by rllngrk33 (The only thing goverment does efficiently is waste taxpayer money.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Eleutheria5

NOt particularly encouraging to see the Stock Market panting after this Stimulus business.

Todays rally could easily evaporate Tomorrow and maybe worse

Stay nimble


6 posted on 10/20/2020 2:32:50 PM PDT by Gasshog
[ Post Reply | Private Reply | To 1 | View Replies]

To: Eleutheria5

The very day that bitch Pelosi drops dead, the market will set its course to the moon.

What a great celebration and glorious day that will be.


7 posted on 10/20/2020 2:38:16 PM PDT by Gator113 ( LIVE AMMO MATTERS~~Remember Christopher Newsom and Channon Christian.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Gasshog

Stimulus money and vaccines... that seems to be what it’s boiling down to now.


8 posted on 10/20/2020 2:38:43 PM PDT by Retrofitted
[ Post Reply | Private Reply | To 6 | View Replies]

To: Eleutheria5

went to cash on friday. Locked in my profits for the year. might do some bond funds to catch year end dividends.


9 posted on 10/20/2020 2:42:31 PM PDT by kvanbrunt2 (spooks won on day 76)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Gasshog

Yup, yup, and most especially, yup.


10 posted on 10/20/2020 2:43:29 PM PDT by Attention Surplus Disorder (Apoplectic is where we want them)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Eleutheria5

I have been so proud of Trump but his comment concerning potentially exceeding Pelosi’s 2.2 trillion stimulus package is to say the least disconcerting.


11 posted on 10/20/2020 3:04:44 PM PDT by traderrob6
[ Post Reply | Private Reply | To 1 | View Replies]

To: Gator113
We wish. Trouble is that her party has a legion of $#*+heads waiting to take her place.

Personally, I'd like to see Adam Schiff dance the Tyburn Jig to see if his eyes would bug out further.

12 posted on 10/20/2020 3:37:57 PM PDT by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
[ Post Reply | Private Reply | To 7 | View Replies]

To: Eleutheria5

Somebody gave Nancy a couple of extra Dove Bars and she went into a sugar high, stated laughing and said “Tell Trump I’m on board. Let the people have their money. What do I care?”


13 posted on 10/20/2020 3:38:43 PM PDT by frank ballenger (End vote fraud,harvesting,non-citizen voting & leftist media news censorship or we are finished.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Vigilanteman

Never heard of it but I like the imagery a lot.

For others like me to learn this.....
Tyburn Jig. — Tyburn was a place in England where execution-by-hanging took place. When hung high (about 30ft), the feet would start kicking resembling a dance (jig).


14 posted on 10/20/2020 3:42:11 PM PDT by frank ballenger (End vote fraud,harvesting,non-citizen voting & leftist media news censorship or we are finished.)
[ Post Reply | Private Reply | To 12 | View Replies]

To: kvanbrunt2

Whatever the stock market does, I sell options secured by my stock, and when those expire or are cheap enough to buy back, I sell more, and almost never cash in the stock. It’s slow but sure for a small-time investor.


15 posted on 10/20/2020 3:56:35 PM PDT by Eleutheria5 (JOBS NOT MOBS!)
[ Post Reply | Private Reply | To 9 | View Replies]

To: ConservativeInPA

They also try to guess why the stock market did what it did, and when it does the opposite, they try to guess that, too.


16 posted on 10/20/2020 3:57:50 PM PDT by Eleutheria5 (JOBS NOT MOBS!)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Eleutheria5

2 Trillion would be tough sledding in the Senate I think.


17 posted on 10/20/2020 4:00:26 PM PDT by Poison Pill
[ Post Reply | Private Reply | To 1 | View Replies]

To: Gator113

Just like when a house fell on one sister, and someone threw a bucket of water on the other and she melted. But nobody celebrated the death of the fourth sister, Helen Thomas. I wrote an ode and posted it on freep. But really she didn’t get a proper send-off.


18 posted on 10/20/2020 4:00:49 PM PDT by Eleutheria5 (JOBS NOT MOBS!)
[ Post Reply | Private Reply | To 7 | View Replies]

To: Poison Pill

Trump’s counting on that. He’s...heh heh...out-virtue-signalling Nancy with no practical consequences whatever.


19 posted on 10/20/2020 4:04:55 PM PDT by Eleutheria5 (JOBS NOT MOBS!)
[ Post Reply | Private Reply | To 17 | View Replies]

To: ConservativeInPA
Wow! These experts are so good. They know exactly the market is going to do did. <<-———

Shuuush!...lol....someones getting paid alot of money for that information.....

I think I may start a business doing that for alot less money!....I'm gonna go out on a limb here and predict that the market could go up or down tomorrow.....DEPENDING on the news of course...

BUT...If you'd like to get in on the ground floor....send me a $100 dollars and I will tell you weeks in advance, the DJIA High of 29,100.50 on 2 Sept 2020 will not be surpassed by 3 Nov 2020.....Take it to the bank!!!!

20 posted on 10/20/2020 5:05:37 PM PDT by M-cubed (The MSM is now the 4th Branch of Government.....)
[ Post Reply | Private Reply | To 2 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-27 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson