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Monday - Trump Stock Market Rally??

Posted on 7/13/24 at 8:11 pm
Posted by TrigSwig
Member since May 2024
331 posts
Posted on 7/13/24 at 8:11 pm
Since it is apparent he will win the presidency after the assassination attempt, do we get a Yuge rally Monday?? I say so.
Posted by TheWalrus
Land of the Hogs
Member since Dec 2012
46136 posts
Posted on 7/13/24 at 9:44 pm to
I’d say it’s much more likely there is a sell off. We are not far from absolute chaos and it could be a good time to lock in profits before uncertainty. Markets hate uncertainty.
Posted by thatguy777
br
Member since Feb 2007
2506 posts
Posted on 7/13/24 at 10:23 pm to
How much uncertainty is there at this point? Its a forgone conclusion
Posted by UltimaParadox
North Carolina
Member since Nov 2008
51554 posts
Posted on 7/13/24 at 10:30 pm to
Since the debate Trump had a decent lead in the polls. This is basically a non event in the market
Posted by TheWalrus
Land of the Hogs
Member since Dec 2012
46136 posts
Posted on 7/13/24 at 10:37 pm to
That Trump wins the election? Yeah, if he’s alive then. This incident showed just how incompetent security is and it could embolden further attempts on Trump’s life. How can anyone have the slightest bit of confidence that everything will be fine and dandy from here on?

Would it also be a non-event if Trump were actually killed?

Does it not give one some pause that we were about an inch away from pure and utter chaos and a black swan event could happen at any time? Might seem like a good idea to lock in profits after narrowly dodging a bullet, literally.
This post was edited on 7/13/24 at 10:42 pm
Posted by GeauxTigers123
Member since Feb 2007
3096 posts
Posted on 7/13/24 at 11:17 pm to
quote:

Might seem like a good idea to lock in profits


What?

If it crashes I’m buying. I’m in my early 30s.

Going to keep betting on the stock market being higher in 30 years. Idk if it will but it seems like my only hope to get to retire some day. I figure if it isn’t then we will all be eating tree bark at that time.
This post was edited on 7/13/24 at 11:18 pm
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
25000 posts
Posted on 7/13/24 at 11:38 pm to
I am on team crash for Monday. Will rebound, but chaos will reign through next week.
Posted by MrSpock
Member since Sep 2015
5072 posts
Posted on 7/14/24 at 6:50 am to
quote:

I’d say it’s much more likely there is a sell off


Historically if the stock market rises into the election the incumbent usually wins. So you may be right
This post was edited on 7/14/24 at 6:51 am
Posted by OTIS2
NoLA
Member since Jul 2008
52217 posts
Posted on 7/14/24 at 7:17 am to
quote:




Historically if the stock market rises into the election the incumbent usually wins. So you may be right


But this isn’t a normal election. Rarely has one party run a potato as a candidate for president.
Posted by Free888
Member since Oct 2019
2906 posts
Posted on 7/14/24 at 7:30 am to
I think it’s up. Vivek said he heard from CEOs on the fence that they are now supporting Trump, and Elon and Bill Ackman both publicly endorsed him.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40326 posts
Posted on 7/14/24 at 7:36 am to
quote:

Might seem like a good idea to lock in profits after narrowly dodging a bullet, literally.


I’m not creating a massive taxable event because trump might get shot (again).
Posted by thatguy777
br
Member since Feb 2007
2506 posts
Posted on 7/14/24 at 7:57 am to
quote:

Historically if the stock market rises into the election the incumbent usually wins. So you may be right


I wonder what the stats are for former president v incumbent if there are any.
Posted by Jmcc64
alabama
Member since Apr 2021
1851 posts
Posted on 7/14/24 at 8:45 am to
quote:

How much uncertainty is there at this point? Its a forgone conclusion


yes it is. but then there's an article on Vox today that popped up on my phone that says we're looking at the end of the republic. "dogs and cats living together, 40 yrs of darkness, human sacrifice, rivers and seas boiling...."
This post was edited on 7/14/24 at 8:46 am
Posted by TrigSwig
Member since May 2024
331 posts
Posted on 7/14/24 at 8:00 pm to
Futures up 100 points. Let's gooo!! Fight! Fight! Fight!
This post was edited on 7/14/24 at 8:01 pm
Posted by notiger1997
Metairie
Member since May 2009
61302 posts
Posted on 7/15/24 at 7:28 am to
Going to be a great day
Posted by TrigSwig
Member since May 2024
331 posts
Posted on 7/15/24 at 7:29 am to
Yep....+200 points on DOW Futures as we speak.
Posted by Granola
Member since Jan 2024
1900 posts
Posted on 7/15/24 at 7:32 am to
Posted by TheWalrus
Land of the Hogs
Member since Dec 2012
46136 posts
Posted on 7/15/24 at 9:10 am to
Welp I know nothing but at least I know I know nothing, so I don’t actually lose money.
Posted by TrigSwig
Member since May 2024
331 posts
Posted on 7/15/24 at 10:07 am to
Rally Rally Rally! Great day!
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
25000 posts
Posted on 7/15/24 at 12:21 pm to
quote:

Rally Rally Rally! Great day!


I can embrace being wrong.
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