Stock Market (10 Viewers)

Bjerknes

Bjerknes

"Top Economist"
#145
Mar 16, 2004
116,244
#145
Snobist said:
What happens with Euro/usd in this case? And SP 500 sell would be wise.
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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.

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Snobist said:
So market wont open for another 24?
is there a public holiday. @Bjerknes
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Nope, no public holiday, markets are open. S&P up .7% and stuck in a trading range.

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

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Let's see if this plays out...

 
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Bjerknes

Bjerknes

"Top Economist"
#150
Mar 16, 2004
116,244
#150
lgorTudor said:
This is what I anticipated...bottom in much earlier than expected, only up from here BRRRRRRRRRRRRRRRRRRRRRRRRRRT
Election outcome irrelevant for market
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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

lgorTudor

Senior Member
#151
Jan 15, 2015
32,951
#151
Bjerknes said:
Good call, I was wrong. Missed some good action by staying out and not buying the dip.
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same, I wasn't able to get the funds cleared in time

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

Bjerknes

"Top Economist"
#152
Mar 16, 2004
116,244
#152
lgorTudor said:
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.
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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

lgorTudor

Senior Member
#153
Jan 15, 2015
32,951
#153
Bjerknes said:
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.
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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
 
Bjerknes

Bjerknes

"Top Economist"
#157
Mar 16, 2004
116,244
#157
First time I'm not fucking around near all-time highs and it smashes through resistance like it isn't even there. :lol: 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.
 
Juvellino

Juvellino

Senior Member
#159
Mar 19, 2015
7,161
#159
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.
 
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