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Started By
Message
Dow futures started over 300 today
Posted on 11/8/16 at 2:06 pm
Posted on 11/8/16 at 2:06 pm
Now is hovering around +65ish, a slow decline since around noon. I think it'll fall continuoulsly until close as Wall Street sees the writing on the wall of a MAGA win
3
Posted on 11/8/16 at 2:07 pm to roguetiger15
Something is happening:
1). No exit polling
2). Stock market pares back gains
3). Goldman not accepting stop losses on Peso
1). No exit polling
2). Stock market pares back gains
3). Goldman not accepting stop losses on Peso
Posted on 11/8/16 at 2:08 pm to roguetiger15
Good.
This post was edited on 11/8/16 at 2:09 pm
Posted on 11/8/16 at 2:12 pm to TakingStock
Is it happening?
Posted on 11/8/16 at 2:15 pm to roguetiger15
Dow Cash market is only 53 off its high. Have to be careful using some futures pricing as the close might be messed up. The Dow is still nicely up for the day.
ETA: I think the assumption that the market won't respond well to the a Trump win could be wrong. Any business man worth a d*** that looks at his tax policy would be a happy man.
ETA: I think the assumption that the market won't respond well to the a Trump win could be wrong. Any business man worth a d*** that looks at his tax policy would be a happy man.
This post was edited on 11/8/16 at 2:16 pm
Posted on 11/8/16 at 2:19 pm to LSU0358
Having the power to control getting the underwriting for bonds is wayyyy more of a concern than a couple million in taxes for the likes of Morgan Stanley and Goldman
This post was edited on 11/8/16 at 2:21 pm
Posted on 11/8/16 at 2:20 pm to LSU0358
quote:I think it's the tariffs and overall anti-free trade policies that investors are taking a hard pass on.
ETA: I think the assumption that the market won't respond well to the a Trump win could be wrong. Any business man worth a d*** that looks at his tax policy would be a happy man.
As to the OP, the dow is +85, and off its high by only 40. It was yesterday that the dow was up 300. The basis of this post is factually inaccurate.
Posted on 11/8/16 at 2:23 pm to jturn17
quote:
tariffs and overall anti-free trade policies
Trump can't wave a wand and make these happen on his own. Even if he could I see a few symbolic gestures made, and nothing more, no matter what has been said on the campaign trail.
One doesn't get re-elected for a 2nd term by wrecking the economy.
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