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Well looks like typical Sept market under way

Posted on 9/3/24 at 11:22 am
Posted by FLObserver
Jacksonville
Member since Nov 2005
15809 posts
Posted on 9/3/24 at 11:22 am
Good times!!
Posted by AkronTiger
Rubber City
Member since May 2021
2732 posts
Posted on 9/3/24 at 11:36 am to
Typical as in still buying but currently on sale
This post was edited on 9/3/24 at 11:37 am
Posted by Triple Bogey
19th Green
Member since May 2017
6569 posts
Posted on 9/3/24 at 11:36 am to
Lost a ton of money in Vegas and come home to lose another 4% in the market the next day.

Gotta just laugh through the pain sometimes.
Posted by Kingpenm3
Xanadu
Member since Aug 2011
9775 posts
Posted on 9/3/24 at 11:37 am to
Sucktember
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
136103 posts
Posted on 9/3/24 at 11:41 am to
Regardless of who wins, when the election is decided do you think the markets will stabilize and move up just because of the stability of who is going to be in charge?
Posted by Double Oh
Louisiana
Member since Sep 2008
23343 posts
Posted on 9/3/24 at 12:13 pm to
I think so
Posted by bigjoe1
Member since Jan 2024
1481 posts
Posted on 9/3/24 at 12:22 pm to
If it's Trump I'd think so because he will be business friendly. If it's Harris the Republicans will need to hold at least one house in Congress to prevet these just stupid ideas from seeing the light of day.
Posted by Double Oh
Louisiana
Member since Sep 2008
23343 posts
Posted on 9/3/24 at 12:28 pm to
You are correct
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
57916 posts
Posted on 9/3/24 at 12:57 pm to
quote:

Regardless of who wins, when the election is decided do you think the markets will stabilize and move up just because of the stability of who is going to be in charge?


Some of the worst events in the market's history started or happened in Q3 of their respective years. The market can be superstitious at times and there's very likely a recession coming (regardless of who wins in November). I think a cut this month will give more of a boost to the market than whoever wins the presidency.
Posted by Big Scrub TX
Member since Dec 2013
38484 posts
Posted on 9/3/24 at 1:35 pm to
quote:


Some of the worst events in the market's history started or happened in Q3 of their respective years.
This sounds like a very mushy "stat".
Posted by SlidellCajun
Slidell la
Member since May 2019
15987 posts
Posted on 9/3/24 at 2:43 pm to
September of an election year of a close election with inflation above the norm and some signs that the economy could be slowing down…. I expect some choppy waters ahead.

Posted by TheWalrus
Land of the Hogs
Member since Dec 2012
46136 posts
Posted on 9/3/24 at 3:53 pm to
I don’t know a whole lot about this stuff but I’m guessing people/funds are looking to lock in decent rates before the cuts. I ended up moving quite a decent chunk into a one year CD.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
136103 posts
Posted on 9/3/24 at 5:01 pm to
quote:

If it's Harris the Republicans will need to hold at least one house in Congress to prevet these just stupid ideas from seeing the light of day.


I'm already assuming Harris will win and the dems will own DC. I don't see how that isn't going to happen.
Posted by Triple Bogey
19th Green
Member since May 2017
6569 posts
Posted on 9/3/24 at 5:08 pm to
Looks to me like the odds of a trump presidency increasing are moving the energy market. Good sign for the country. Bad sign for the portfolio
Posted by D_cup
Member since Aug 2023
74 posts
Posted on 9/3/24 at 5:37 pm to
Hmm..take a big dump in my Nvidia lead mutual fund or is it gonna get worse?
Posted by el Gaucho
He/They
Member since Dec 2010
58492 posts
Posted on 9/3/24 at 5:38 pm to
Nvda will go up tomorrow but it’s headed back down to 50
Posted by bigjoe1
Member since Jan 2024
1481 posts
Posted on 9/3/24 at 6:00 pm to
quote:

19th Green
Member since May 2017
6063 posts
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Posted on 9/3/24 at 5:08 pm to FLObserver
Looks to me like the odds of a trump presidency increasing are moving the energy marke


I doubt it's that. Energy prices are moving lower because of weakening demand.
Posted by thatguy777
br
Member since Feb 2007
2506 posts
Posted on 9/4/24 at 12:47 am to
Glad I'm not the only one...
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
136103 posts
Posted on 9/4/24 at 6:02 am to
quote:

odds of a trump presidency increasing


What makes anyone think this? I see the opposite.
Posted by Motownsix
Boise
Member since Oct 2022
3130 posts
Posted on 9/4/24 at 7:16 am to
quote:

Looks to me like the odds of a trump presidency increasing are moving the energy market. Good sign for the country. Bad sign for the portfolio


Anyone who invests in energy knows that Trump’s first term was a disaster for US Energy Companies from day 1.
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