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Started By
Message
The Stock Market This Morning!!!
Posted on 11/6/24 at 5:26 am
Posted on 11/6/24 at 5:26 am
The futures markets this morning is on a rocket ship. Your 401K/IRA are loving it!!!
DOW Futures +1270pts (3.0%)
S&P 134pts (2.5%)
Russell 2K +143pts (6.3%)
DOW Futures +1270pts (3.0%)
S&P 134pts (2.5%)
Russell 2K +143pts (6.3%)
7
Posted on 11/6/24 at 6:10 am to Rabt
Posted on 11/6/24 at 6:45 am to Rabt
Orange Rad 
Posted on 11/6/24 at 7:18 am to Rabt
Gumbo Gary and Norway will be sad
Posted on 11/6/24 at 7:39 am to Rabt
quote:What's causing it???
he Stock Market This Morning!!!
The futures markets this morning is on a rocket ship.
Posted on 11/6/24 at 7:40 am to LSURussian
Hope
Posted on 11/6/24 at 7:46 am to LSURussian
quote:
What's causing it???
I mean with Trump winning, and the Senate being Republican the uncertainty of higher corporate taxes is going away.
Should be a good for corporate earnings and the economy as a whole
Posted on 11/6/24 at 8:01 am to UltimaParadox
Price is what you pay value is what you get
The market is expensive so those corporate earnings had better explode to the upside over the next few quarters
The market is expensive so those corporate earnings had better explode to the upside over the next few quarters
Posted on 11/6/24 at 8:01 am to UltimaParadox
I'm told Presidents don't matter when it comes to the stock market.
Posted on 11/6/24 at 8:04 am to RoyalWe
quote:
told Presidents don't matter when it comes to the stock market
Obviously you are looking at short term results, which a unknown is now known for corporate earnings.
That being said over the term of any president stock market gains seem to be similar no matter who is president over history.
Just stick to your plan and you will be fine.
This post was edited on 11/6/24 at 8:05 am
Posted on 11/6/24 at 8:08 am to UltimaParadox
quote:WAIT!!!! What??
I mean with Trump winning,
Posted on 11/6/24 at 8:11 am to LSURussian
Bank stocks on fire pre market.
Anticipate a lot less regulation and a business friendly environment.
Anticipate a lot less regulation and a business friendly environment.
Posted on 11/6/24 at 9:11 am to Rabt
quote:
Stocks soar following Trump's win
The U.S. stock market is surging on the heels of Trump's election victory.
The Dow Jones Industrial Average has jumped more than 1,200 points, or nearly 3%, according to Yahoo Finance.
The S&P 500 (up about 1.9%) and Nasdaq Composite (up about 1.8%) have also seen gains.
Posted on 11/6/24 at 9:24 am to Rabt
You are clearly not an owner of SLI!
Posted on 11/6/24 at 9:26 am to LSURussian
quote:
What's causing it???
Fundamentals clearly!!!!
Seriously, I think the market largely likes the fact that we have an answer this morning instead of this dragging our several days or even weeks like it was predicted.
Posted on 11/6/24 at 12:16 pm to Rabt
Likely more inflation coming. Bond markets seem to hate it.
Posted on 11/6/24 at 12:18 pm to dgnx6
Oh contraire...but only in moderation.
Posted on 11/6/24 at 12:26 pm to LSURussian
quote:
What's causing it???
Joy!
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