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mitty14u2

(1,015 posts)
Fri Oct 28, 2016, 08:27 PM Oct 2016

Stocks sink after new email review tied to Clinton

Source: CNN

A market rally fizzled after news hit that the FBI is looking into new emails as part of its investigation into Clinton's personal email server.

The review comes just 11 days before the election.

At one point the Dow was down 125 points from its highs of the day. But the market rebounded as more information came to light, including that the new emails come from the Anthony Weiner probe. The Dow ended the day down just 8 points and the S&P 500 closed 0.3% lower.
Investors had been pricing in a solid Clinton victory. Now there's some doubt.

"Hillary Clinton's news has taken the wind out of the market rally," wrote Naeem Aslam, chief market analyst at Think Forex in a note to clients. "This certainly increases the chances and odds for Trump winning."

Read more: http://money.cnn.com/2016/10/28/investing/stock-market-clinton-email/index.html



Remember the thought of Trump being President for a short time drops the market, Vote the stock market if you are near the fence or short the market if trump gets near the white-house!
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bucolic_frolic

(42,982 posts)
2. If the unthinkable happens
Fri Oct 28, 2016, 08:34 PM
Oct 2016

if Trump is elected, this market will drop 10-12,000 points in 2-3 days, and
world markets will follow

There is no doubt in my mind ...

Paladin

(28,239 posts)
9. I've already made contingent plans with my investments, if worse comes to worst.
Mon Oct 31, 2016, 10:34 AM
Oct 2016

I'll be damned if a Trump-caused financial collapse is going to wipe me out.

George II

(67,782 posts)
3. Amazing how "economists" can attribute a minor stock market change to a specific...
Fri Oct 28, 2016, 08:35 PM
Oct 2016

...event.

Today's volume was more than 100 million shares, and the DJIA dropped 8 points out of 18,100, about 5 hundredths of one percent!

Did all the people who sold/bought those 100 million shares say why they were doing so?

still_one

(92,055 posts)
4. bullshit. The markets in a trading range. If there was a real concern for a trump
Fri Oct 28, 2016, 08:39 PM
Oct 2016

presidency as far as the markets are concerned, the effects would be very obvious, and it doesn't seem currently that way

ffr

(22,663 posts)
5. Yup. The market has been liking HRC's chances and steadiness.
Sat Oct 29, 2016, 02:55 AM
Oct 2016

Markets do not like unpredictable leaders. Something Donald brags about.

LiberalLovinLug

(14,164 posts)
6. My layman investment advice...
Sat Oct 29, 2016, 06:16 PM
Oct 2016

Buy now if its low. Because it will soar once the markets realize that the stable candidate has won the election.

Maeve

(42,269 posts)
10. It will come back
Mon Oct 31, 2016, 10:40 AM
Oct 2016

A reminder to all who follow the stock market too closely (or the polls in this election, for that matter) from one who used to post a stock watch thread daily here at DU--the best thing to buy is Tums, because you are going to need them! Let the most of it roll off your back and keep a long view.

Trump ain't gonna win, the 'scandal' is empty and we've all had our Halloween scare for the year.

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