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captain queeg

(10,258 posts)
Mon Oct 5, 2020, 06:35 PM Oct 2020

Stocks are up. I'm sure lumpy orange will take credit for that

Maybe it is part of it but I think the stock market would rather see a new stimulus than anything. I doubt they care about the Supreme Court that much. If it is related to rumpy how will it react if they take him back on a stretcher in a couple days?

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Stocks are up. I'm sure lumpy orange will take credit for that (Original Post) captain queeg Oct 2020 OP
Bloomberg says "A Clear-Cut Biden Win Is Emerging as a Bull Case for Stocks" chia Oct 2020 #1
not an investment advisor RazzleCat Oct 2020 #2
The market doesn't like instability torius Oct 2020 #3

RazzleCat

(732 posts)
2. not an investment advisor
Mon Oct 5, 2020, 06:47 PM
Oct 2020

You can never explain the market. It does what ever it wants, it has severed itself from the economy in general. Now that I have said that here are a couple of things that can be pushing it up.

1. More stimulus (maybe on the way).
2. What moved up? Medical and Energy.
3. What moved down, vacation and restaurant chains.

So in its own way it makes sense.

torius

(1,652 posts)
3. The market doesn't like instability
Mon Oct 5, 2020, 06:50 PM
Oct 2020

so it went down when he was in the hospital and now is up some. And Fri. it was down, and there hasn't been additional news to make it go down more. And some investors buy into his BS. And, FOMO--once it starts to go back up after a down day, people jump back in.

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