Posted on 11/05/2016 11:33:09 AM PDT by Clintonfatigued
With the recent rise in Donald Trump's poll numbers, Wall Street is starting to contemplate the prospect of a better-than-expected Republican Party showing on Election Day.
"It's incredible to see how much the US election has changed in recent weeks," Strategas' Daniel Clifton wrote in a report to clients Thursday.
"The FBI report of new emails from Hillary Clinton's private server has turned the election from a referendum on Trump to a referendum on Clinton. ... In our meetings this week in NY and Boston, it was clear to us that investors are not prepared for a Republican sweep."
(Excerpt) Read more at cnbc.com ...
Old fashioned investment days?
But imagine a world in which nobody carried a cellphone. Nobody but geeks had a computer at home and even if they did, there was no Internet. If you wanted to watch a TV program, you had to be home at a certain time. Almost nobody had a VCR. Pocket calculators were considered the ultimate in high tech. People spent a lot of time outdoors. Especially kids. Not many were video game addicts and what video games there were were primitive. Most video game exposure came at the arcades where you'd put a quarter in the slot. People ate mostly at home. Going to a restaurant was a special treat and it was either fast food or a restaurant where you had to get dressed up. Casual dining was not yet a big thing.
It was a simpler time. When you left the office for the day, you left your work behind. No cells phones or email could reach you after work. Only doctors had pagers. I read a lot of newspapers. That's how I got most of my news. If you wanted to know the weather forecast, you had to turn on the 6 or 11 o clock news on TV and get through the news and sports reports.
You buy when the selling slows...usually in the morning after a bad open. Then watch the short-covering and bargain hunting take over.
Should’ve clarified I meant during the election years.
Let’s hope that is the chain of events.
You’re more optimistic than I.
No.
But I remember the next morning, getting woken up at about 5:30. ABC News was on, I think the anchor’s name was Frank or Max. And my drunken f**face of a father was yelling at both the TV and my Mother that Carter won. Yep. Wonderful memories.
As an 8 year old I could read the f**king map and saw Carter got his ass reamed. It was reamed raw by Ronaldus Magnus. Of course I was happy and smiled. So did Mom.
I’m planning on going to the cemeteries this week. I’m going to up my game and instead of pissing on “dad’s” grave, which I’ve been known to do, I’m going for the steaming pinched loaf. I already have a meal of prunes and a large can of kidney beans planned to get the bowels moving.
McQueen plagerized that from Charles Foster Kane
Really? Huh... I would have thought that was an original.
sure beats clintastrophe
Should we infer from this that your relationship with your dad was less than stellar?
He was a drunken, abusive as*hole who worshipped Democrats, especially the Kennedys. He despised Republicans...although he married one.
God granted us freedom when he kicked off almost 30 years ago. Even though that left me “fatherless” at 14, it was/is great.
So, yes, f him. Hopefully he’s in the hotter section of Hell...with his idols the Kennedys
Remember BREXIT? Short now, long on Thursday.
I was a single college junior in 1980. Election night was a wonderful evening and one of my best memories ever. My college was in the Mountain Time Zone. We gathered in the student lounge in the cafeteria which served several nearby dorms after the evening meal was finished around 6 pm, hoping to catch some election returns.
Cheers erupted when the first two states to report (Indiana and Kentucky, as I recall) were called for Reagan. We knew something big was happening when they told us New York was too close to call.
You will enjoy this: https://www.youtube.com/watch?v=GIMuqG-1KMY
Well, Clifton, the investors better get prepared in a hurry, because the Trump tidal wave is traveling at warp speed.
Strange times when a GOP sweep isn’t cheered by Wall St.
+++++++++++++++++++++++++++++++++++++++++++++++++
The cheering stopped about the time the corruption took hold.
Maybe “Wall Street” is to broad a term, and as we’d need to differentiate between the establishment “DOW” companies, and the broader, “NASDAQ” market.
Big Pharma Biotechs will rally immediately if Shrillary loses.
I’m in Celgene (CELG) big time before the election.
CELG is the best-positioned of all the biotechs (e.g. MYL, AMGN, LLY, MRK, GSK, PFE...) and is the only one of the IBB (Biotech ETF) that’s holding ABOVE its 50 Day EMA (exponential moving average). The rest of biotechs are trading at near-term lows in anticipation of Hillary regulations and price fixing on prescription drugs.
So if Trump wins, there will be what’s called on Wall Street, a “Relief Rally” in biotech.
I’m guessing a biotech rally of 5-10% within a few days after the election.
If Hillary wins, there may even be a muted biotech rally simply because so much fear is already discounted in the price of biotech stocks.
Is that really what happened?
The Repubs used to be Blue and Dems Red? I can imagine the evil Dems doing shenanigans like that.
When did the change occur and how did they rationalize it to the public??
1980. Hmm from my historical understanding, the media was biased back then but not actively trying to rig the electoral process and sacrifice our republic.
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