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Started By
Message
600 pts down? WTH is going on
Posted on 10/23/24 at 1:11 pm
Posted on 10/23/24 at 1:11 pm
Are the markets fearing a little uncertainty with certain battleground states holding up their vote count? Or just a temporary pullback? It's starting to feel like a possible bear run could be around the corner.
9
Posted on 10/23/24 at 1:12 pm to FizzyPop
quote:
It's starting to feel like a possible bear run could be around the corner.
Been that way since 2020
Posted on 10/23/24 at 1:13 pm to AllDayEveryDay
quote:
Been that way since 2020
I know I have to be careful mixing politics on this Board, but Michigan's secretary of state saying votes could take at least several days was not exactly comforting news.
Posted on 10/23/24 at 1:21 pm to FizzyPop
US Treasury yields.
Posted on 10/23/24 at 1:41 pm to SloaneRanger
quote:
US Treasury yields.
Good thing we got that .5 cut so mortgage rates would dro...
Never mind.
This post was edited on 10/23/24 at 1:42 pm
Posted on 10/23/24 at 1:45 pm to FizzyPop
quote:Add Georgia and Arizona to those saying the same as well
but Michigan's secretary of state saying votes could take at least several days
Posted on 10/23/24 at 2:07 pm to FizzyPop
quote:
Are the markets fearing a little uncertainty with certain battleground states holding up their vote count? Or just a temporary pullback? It's starting to feel like a possible bear run could be around the corner.
I don’t think it has anything to do with election uncertainty as gold and treasuries are both down as well.
Posted on 10/23/24 at 2:27 pm to FizzyPop
I wish we could ban everyone that brings political news to the MB like it drives the market. Money. Doesn’t. Care.
The Dow is down 300 on the 2 weeks and up 500 on the month. Markets go up. Markets go down. Stop thinking that any insignificant trivial news that comes out about politics is steering the market!
The Dow is down 300 on the 2 weeks and up 500 on the month. Markets go up. Markets go down. Stop thinking that any insignificant trivial news that comes out about politics is steering the market!
Posted on 10/23/24 at 2:32 pm to FizzyPop
Buy the dips and be grateful…. Even if it’s just a 100$. Always be buying. Just bought some more schg shares.
This post was edited on 10/23/24 at 2:35 pm
Posted on 10/23/24 at 2:33 pm to Suntiger
quote:
I wish we could ban everyone that brings political news to the MB like it drives the market.
What a stupid Karen thing to say. If you don't think macro factors come into play then you are a goddamn fool. Good luck with your bans pussy.
Posted on 10/23/24 at 2:39 pm to DaBeerz
quote:
Always be buying
Every Friday morning like clockwork, my friend.
Posted on 10/23/24 at 2:39 pm to FizzyPop
Here’s CNN’s unbiased take.
Posted on 10/23/24 at 2:55 pm to FizzyPop
quote:
What a stupid Karen thing to say. If you don't think macro factors come into play then you are a goddamn fool. Good luck with your bans pussy.
Posted on 10/23/24 at 2:58 pm to FizzyPop
quote:
Are the markets fearing a little uncertainty with certain battleground states holding up their vote count?
I could be wrong, but I can't imagine that is what has triggered this pullback.
Posted on 10/23/24 at 2:59 pm to DrrTiger
quote:I remember the crazy predictions of a market collapse in the lead up to the 2016 election. Not only didn't it happen (a melt UP happened, if anything), but equity vol was at historic lows for months and months after that.
Here’s CNN’s unbiased take.
Posted on 10/23/24 at 3:02 pm to Suntiger
quote:While this specific topic of the thread may not have any relation to the politics, your statement is terribly wrong.
political news to the MB like it drives the market. Money. Doesn’t. Care.
Posted on 10/23/24 at 3:06 pm to Big Scrub TX
quote:
I remember the crazy predictions of a market collapse in the lead up to the 2016 election.
Now do 2000 Bush v Gore and the aftermath that ensued.
Posted on 10/23/24 at 3:19 pm to Tomatocantender
quote:What are you referring to? Something related in the markets? My recollection is it took a month to adjudicate the thing and markets mostly shrugged.
Now do 2000 Bush v Gore and the aftermath that ensued.
Posted on 10/23/24 at 5:21 pm to FizzyPop
quote:
What a stupid Karen thing to say. If you don't think macro factors come into play then you are a goddamn fool. Good luck with your bans pussy.
You wrote:
quote:
I know I have to be careful mixing politics on this Board, but Michigan's secretary of state saying votes could take at least several days was not exactly comforting news.
Do you really think your quote above is a macro economic factor that would impact the market? Really? That’s not a macro issue, that’s political cesspool fodder that investors don’t give a crap about. If you think the above is the reason for a daily swing, you are the fool. Politely GFY.
Posted on 10/23/24 at 6:59 pm to Big Scrub TX
quote:
I remember the crazy predictions of a market collapse in the lead up to the 2016 election. Not only didn't it happen (a melt UP happened, if anything), but equity vol was at historic lows for months and months after that.
SPX jumped 10% the day after the election. Absolutely massive short cover
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