Stock Market (24 Viewers)

[lgorTudor]

Brace yourselves...

They win find a pack of 100k ballots in PA oooops

 

Buy on AliExpress.com

[Snobist]

Brace yourselves...

What happens with Euro/usd in this case? And SP 500 sell would be wise.

 

[AFL_ITALIA]

Brace yourselves...

This is going to be fun.

 

[Snobist]

So market wont open for another 24?
is there a public holiday. @Bjerknes

 

[Bjerknes]

What happens with Euro/usd in this case? And SP 500 sell would be wise.

I would imagine there would be a rush to US dollars if equities tank so that should send the Euro pair lower if it plays out.

- - - Updated - - -

So market wont open for another 24?
is there a public holiday. @Bjerknes

Nope, no public holiday, markets are open. S&P up .7% and stuck in a trading range.

https://www.nyse.com/markets/hours-calendars

- - - Updated - - -

Let's see if this plays out...

 

[Snobist]

So far i dont see anything big going on. Are they waiting for primarilies results.

 

[Snobist]

S&P 500 bullish.

 

[AFL_ITALIA]

I was surprised at how well markets did today. I thought it would be a lot more volatile.

 

[lgorTudor]

This is what I anticipated...bottom in much earlier than expected, only up from here BRRRRRRRRRRRRRRRRRRRRRRRRRRT
Election outcome irrelevant for market

 

[Bjerknes]

This is what I anticipated...bottom in much earlier than expected, only up from here BRRRRRRRRRRRRRRRRRRRRRRRRRRT
Election outcome irrelevant for market

Good call, I was wrong. Missed some good action by staying out and not buying the dip.

I guess I might as well get back in before Kamala makes it unprofitable for smaller guys like me to trade the markets.

 

[lgorTudor]

Good call, I was wrong. Missed some good action by staying out and not buying the dip.

same, I wasn't able to get the funds cleared in time

I guess I might as well get back in before Kamala makes it unprofitable for smaller guys like me to trade the markets.

Since that would be a problem for many people I wonder what the stonk market reaction would look like. Everybody does 'buy and walk away'? Lower volatility? Or do minor traders have no influence on that trillion dollar market to begin with?

What effect will the proposed 40% CGT have? Will institutional investors walk away?

Biden/Harris seems to be bullish for tech stonks since these Silicon Valley companies are a big part of the globohomo leviathan.

 

[Bjerknes]

same, I wasn't able to get the funds cleared in time


Since that would be a problem for many people I wonder what the stonk market reaction would look like. Everybody does 'buy and walk away'? Lower volatility? Or do minor traders have no influence on that trillion dollar market to begin with?

What effect will the proposed 40% CGT have? Will institutional investors walk away?

Biden/Harris seems to be bullish for tech stonks since these Silicon Valley companies are a big part of the globohomo leviathan.

Won't matter for the market makers and algos in Wall Street, they'll still trade away for sure and continue to make money. Maybe less profit for those selling calls since fewer folks will want the risk of losing greater than 100% due to Kamala's taxation of every trade.

 

[lgorTudor]

Won't matter for the market makers and algos in Wall Street, they'll still trade away for sure and continue to make money. Maybe less profit for those selling calls since fewer folks will want the risk of losing greater than 100% due to Kamala's taxation of every trade.

Funny....the CGT here in Germany is 25% flat. No matter if you make $10 or $10bn

We go harder on the poors than America which is probably why 90% of us prefer to stash money in their sock

 

[AFL_ITALIA]

 

[Bjerknes]

I love those guys.

 

[lgorTudor]

PAMP IT

 

[Bjerknes]

First time I'm not fucking around near all-time highs and it smashes through resistance like it isn't even there. Fuck this shit man.

Want to see a retest of the resistance as support but we may not get it for a while based on the vaccine news.

 

[lgorTudor]

time to get myself some PLTR

#ridinwithbiden

 

[Juvellino]

Wall Street knows Biden-Harris won’t hurt them besides symbolic stuff coupled with the recent vaccine news and you got the stock market surging last week and today.

 

[swag]

So are they using exponential notation for P/E ratios yet?