Black Friday a comin'? Market futures down

[Roland99]

When Black Friday falls
You know it's got to be
Don't let it fall on me

DJIA F 26,368 -189 -0.71%
S&P F 3,279.50 -22.80 -0.69%
NASDAQ F 11,226.25 -116.50 -1.03%
Gold 1,875.30 7.30 0.39%
Silver 23.535 0.175 0.75%
Crude Oil 36.11 -0.06 -0.17%

[empedocles]

1. Might be a kiind of 'window dressing' by portfolio managers to keep up appearances

''Window dressing is when portfolio managers buy outperforming stocks just before the end of the quarter, so that someone looking into their holdings thinks they have been investing in great stocks. Similarly, they may sell their underperforming stocks to hide the fact they have invested in losing companies.''

Top Stocks to Buy and Sell Ahead of Window Dressers

www.schaeffersresearch.com/content/analysis/2020/09/16/top-stocks-to-buy-and-sell-ahead-of-window-dressers
www.schaeffersresearch.com/content/analysis/2020/09/16/top-stocks-to-buy-a

[Backseat Driver]

2. The 1% House always wins, but there's a lot of

counterfeit chips that need purged from the games.

[Sherman A1]

3. There isn't a whole lot of good economic news out there

The markets are bound to catch on to that eventually once they get over their wishful thinking.

[doc03]

4. A 189 point drop in the Dow is Black Friday give me a break. If Dow was still at 1000

that would be a Black Friday. At 26368 not much.

[3Hotdogs]

6. + 1

[pecosbob]

5. and now there's talk about Warren for SecTreas

Bet that registered a 7.2 on Wall Street.

[muriel_volestrangler]

7. Those drops are less than the increases yesterday. So, no.

What made you think that kind of change is unusual?

[Roland99]

8. Just seemed ominous. On news of a "bigly" 33% GDP report and being down after?

Markets aren’t buying his bs

And we’ll see soon

[Hugin]

11. Yeah, they generally aren't falling for those horse apples.

They look at the fundamentals and those aren't there.

[Hugin]

9. At 10:41 ET the decline is picking up some speed.

Friday’s Trading:
Dow-348.70 26,310.41 -1.31%
Nasdaq -260.56 10,925.04 -2.33%
S&P -49.85 3,260.26 -1.51%

My theory is there's some repositioning going on wrt an anticipated change of administrations in Washington. Oh, and COVID. Always must add that bit.

[Hugin]

10. I suppose I'll go with the old chestnut that the traders want to be in cash over the weekend.

Friday’s Trading: 10:54 ET
Dow -427.04 26,232.07 -1.60%
Nasdaq -306.28 10,879.31 -2.74%
S&P -61.42 3,248.69 -1.86%

Although, it's more likely they want to be in cash over the election.