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turbinetree

(24,631 posts)
Thu Sep 10, 2020, 10:21 AM Sep 2020

I just went into Market Watch to just see what the market is doing..........today..

and then I went back to when Watergate which was going on in the "market" and yes I can take into account the OPEC Oil embargo, the Vietnam War was coming to a end, inflation was going through the roof, because I along with millions of others watched it unfold.

But one thing has been a truism, when some asshole is in the white house and is caught lying, no matter how long it was reported ( my opinion Woodward should have came out with this awhile back, but, this does though, put the enabling hack to Putin back on his heels, and now some media pundits are trying to normalize this shit, by him saying he didn't want to panic the public, which is fucking horseshit....................190,000 dead and climbing is not a panic, this is a fucking act of systematic genocide).

The stock market is really trying to prop up this POS and his cronies, they also in my opinion have Blood On There collective hands.............they are in essence enabling #Moscow Mitch and all of those right wing POS senators that were concerned to leave him in office, if one is to look at the numbers.................children are going hungry, states are in need of help, unemployment is still fucking high, and wages are down into the mud, and to top it all off, climate for our survival is burning literally before our eyes..............and the market is up today and media pundits are trying to say that he didn't want to panic anyone............FU........ .

1973
https://finance.yahoo.com/news/heres-stock-market-watergate-133736317.html

2020

https://www.marketwatch.com/

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turbinetree

(24,631 posts)
5. This market should be in in fee fall right now, what he is doing is delaying the time bomb that
Thu Sep 10, 2020, 10:32 AM
Sep 2020

is going to go off and all of these hedge fund assholes and banks should foot the bill.................this is blood money that they are making in my opinion

uponit7771

(90,225 posts)
7. +1, its going to go off around election ... or by tommorrow cause I'm going to go long S&P
Thu Sep 10, 2020, 10:34 AM
Sep 2020

... and after that happens the whole thing is going to fall apart

sfstaxprep

(9,998 posts)
4. He Achieved His Goal
Thu Sep 10, 2020, 10:27 AM
Sep 2020

The markets are back to where they were earlier this year.

I don't think Anything would be different had this information been released months ago.

Wounded Bear

(58,436 posts)
6. They'll continue to prop up the markets until January...
Thu Sep 10, 2020, 10:33 AM
Sep 2020

Once Biden is officially in office, they'll kick it loose and it'll crash.

They tried this in 2k8 for Bush, but they couldn't hold it long enough, and the Fed wasn't fully on board yet.

RazzleCat

(732 posts)
8. What exact stocks are moving up? So what demand is anticipated
Thu Sep 10, 2020, 10:53 AM
Sep 2020

The market has not really done squat this year. Right now as I type the Dow is at 28,060.86, it closed on 01/02/2020 at 28,538.44. It has jumped all over but mostly held at 28,000.

Sometimes you can find a pattern that will give you an idea of what the market anticipates. So if you see the stocks pulling the market up are retail based, the market thinks there is pent up demand. Don't forget it's international, products and services are not exclusive to us (USA), computers, phones, streaming services, energy, are used and sold world wide. Europe is starting up again, much of Asia also, that can be driving the demand (upward movement)

The next thing to take in account is how nuts the market has been. We had a big drop a few days ago, now that its moving up, people are trying to grab some on the upswing.

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