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Stock Market Soaring b/c Wall Street predicts Biden Win?

Posted on 11/2/20 at 9:17 am
Posted by ODP
Conroe
Member since Oct 2015
1938 posts
Posted on 11/2/20 at 9:17 am
CNN Headline

Is this real life?

CNN

Posted by Walkthedawg
Dawg Pound
Member since Oct 2012
11466 posts
Posted on 11/2/20 at 9:17 am to
Posted by JawjaTigah
Bizarro World
Member since Sep 2003
22501 posts
Posted on 11/2/20 at 9:18 am to
Only in Bizarro World.
Posted by geauxnavybeatbama
Member since Jul 2013
25134 posts
Posted on 11/2/20 at 9:18 am to
I read an article about an hour ago that said the market dropping Friday was an indicator that Biden wins

frick these people, seriously
Posted by Smeg
Member since Aug 2018
9326 posts
Posted on 11/2/20 at 9:18 am to
Ha. I think they have that backwards.
Stock Market is up because they predict a Trump win.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
16989 posts
Posted on 11/2/20 at 9:18 am to
quote:

The Dow (INDU) climbed 1.3%, or 350 points, at the opening bell.

This has happened once a week for the past 6 months.
Posted by crimson crazy
Member since Oct 2008
20509 posts
Posted on 11/2/20 at 9:19 am to
Considering my NAK stock is up, I would say the opposite.
Posted by OMLandshark
Member since Apr 2009
108541 posts
Posted on 11/2/20 at 9:27 am to
If Trump wins, CNN should be destroyed. I was shocked Zucker, Cuomo, and Don Lemon kept their jobs after the 2016 election. They should all be fricking fired over the fricking air if this election will end in the way I think it will.
Posted by AuburnCPA
Member since May 2008
18821 posts
Posted on 11/2/20 at 9:32 am to
dang they say they expect to keep the house and reclaim the senate. A clean sweep. lol
Posted by MFn GIMP
Member since Feb 2011
19348 posts
Posted on 11/2/20 at 9:33 am to
Why did they drop last week then? Were they pricing in a Trump win then? Just dumb.
Posted by Quidam65
Q Continuum
Member since Jun 2010
19309 posts
Posted on 11/2/20 at 9:36 am to
quote:

Why did they drop last week then?


It's called "October". Now we're past that.
Posted by Jrv2damac
Kanorado
Member since Mar 2004
65139 posts
Posted on 11/2/20 at 9:39 am to
quote:

A Biden win would also likely mean less news and headline risk for stocks in the term to come, investors believe.


Case in point how the uniparty media syndicate tries to control everything.
Posted by PUB
New Orleans
Member since Sep 2017
18241 posts
Posted on 11/2/20 at 9:40 am to
yes - dems will double the debt overnight and spend tens of trillions
Posted by tjv305
Member since May 2015
12514 posts
Posted on 11/2/20 at 9:41 am to
Wonder what the excuse will be if he wins and it crashes.
Posted by UpToPar
Baton Rouge
Member since Sep 2008
22157 posts
Posted on 11/2/20 at 9:48 am to
If there's one thing Wall Street likes, it's change and uncertainty.
Posted by VoxDawg
Glory, Glory
Member since Sep 2012
60047 posts
Posted on 11/2/20 at 9:49 am to
Posted by Vacherie Saint
Member since Aug 2015
39498 posts
Posted on 11/2/20 at 9:50 am to
This is a straight up lie.

He had a better chance last week before the polls tightened and the market lost 100's of points. Now that his chances are slipping, the street thinks he's got this in the bag? Lol
Posted by Jjdoc
Cali
Member since Mar 2016
53473 posts
Posted on 11/2/20 at 9:51 am to
No. It's because of the numbers. US manufacturing activity posts strong gain to 59.3% in October despite increase in coronavirus

Construction spending is up.

Posted by MeatCleaverWeaver
Member since Oct 2013
22175 posts
Posted on 11/2/20 at 9:52 am to
Remember virtually everything the left does is the opposite of the truth. They are hoping at the last hour some retards out there are gonna say, “Yeah Trump has had a good economy but it will do even better under Biden.”
Posted by TimeOutdoors
AK
Member since Sep 2014
12123 posts
Posted on 11/2/20 at 9:58 am to
quote:

Considering my NAK stock is up, I would say the opposite.


It's down now, but personally, I don't see Trump being in favor of this mine going forward either.
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