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The stock market seems to love yesterday's election results. (Original Post) PoindexterOglethorpe Nov 2018 OP
That's more about the elimiation of uncertainty that strictly "good news". 3_Limes Nov 2018 #1
Exactly, and it was an easy call Awsi Dooger Nov 2018 #2
I'm sorry I missed your post. PoindexterOglethorpe Nov 2018 #4
Post was in a thread with GOP pundit asserting 15% drop if Democrats took House Awsi Dooger Nov 2018 #5
I invest through some apps TlalocW Nov 2018 #3
It loves a split decision. Blue_true Nov 2018 #6
Exactly jcgoldie Nov 2018 #8
I have some cannabis stocks that bumped up today because of the legalizing election wins. TeamPooka Nov 2018 #7
Dow up 545 for the day. nt Ilsa Nov 2018 #9
Over 2% PoindexterOglethorpe Nov 2018 #10
Tomorrow we'll see how it reacts to the Sessions firing. DavidDvorkin Nov 2018 #11
Interesting point. PoindexterOglethorpe Nov 2018 #12
I'm hoping indictments show up soon. Ilsa Nov 2018 #13

3_Limes

(363 posts)
1. That's more about the elimiation of uncertainty that strictly "good news".
Wed Nov 7, 2018, 03:44 PM
Nov 2018

But, of course, that's not what Donnie is going to say.

 

Awsi Dooger

(14,565 posts)
2. Exactly, and it was an easy call
Wed Nov 7, 2018, 03:58 PM
Nov 2018

I posted a couple of days ago that it would rebound regardless of the outcome, due to clarity.

PoindexterOglethorpe

(25,839 posts)
4. I'm sorry I missed your post.
Wed Nov 7, 2018, 04:38 PM
Nov 2018

But yes. I keep on hearing "The market hates uncertainty" and no matter what anyone thinks personally of any of the results, now they are almost all in. Certainly the switch of House control from R to D is done.

 

Awsi Dooger

(14,565 posts)
5. Post was in a thread with GOP pundit asserting 15% drop if Democrats took House
Wed Nov 7, 2018, 04:53 PM
Nov 2018

I'm starting to get a better feel for how the market reacts

TlalocW

(15,378 posts)
3. I invest through some apps
Wed Nov 7, 2018, 04:03 PM
Nov 2018

Not much, but on one app, you can choose to invest in funds that meet a certain criteria - like Environmental companies, LGBTQ-friendly, healthcare-related, etc. I chose a pretty volatile one - Corporate Cannabis. Almost immediately after putting money into it, my investment was in the negatives by about $35. Earlier this year it zoomed to over $100 positive then dropped last week to $4 under. After last night with some pro-marijuana state issues getting passed, it's up $37.

It's also funny to see the graphs of my day-to-day investments. You can see the total timeline, last year, last 6 months, last 3 months, last month, current day. Under Obama, it was a nice smooth positive curve, which changed almost immediately to what looks like jagged mountains once Trump took over.

TlalocW

Blue_true

(31,261 posts)
6. It loves a split decision.
Wed Nov 7, 2018, 05:07 PM
Nov 2018

Loves that the House will reign in Trump's exceses, but repugs have more grip on the Senate.

PoindexterOglethorpe

(25,839 posts)
10. Over 2%
Wed Nov 7, 2018, 06:43 PM
Nov 2018

And to think that people here will officially freak out when it falls 200 points, or less than 1%.

If it does as well tomorrow we'll be back in record territory.

PoindexterOglethorpe

(25,839 posts)
12. Interesting point.
Wed Nov 7, 2018, 06:52 PM
Nov 2018

My guess is that it won't matter, and of course we won't be able to be sure that if the Dow does anything other than a tiny loss or gain, it will be because of Sessions.

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