1. Market peels off a 200+ point loss.
2. Market rallys 100+.
3. Back and forth day, ending flat.
I think you pretty much have it convered.
It all depends if Obama makes a speech which usually causes it to tank.
I predict they stop trading followed by a 350 point rally if struck down completely or a 500 point loss if upheld. If only the mandate is struck, we get a 100 point rally.
If the entire mess is struck down, the market will react to that.
IF it is upheld, the market will....who knows what the market will do.
Quick momentary 200-250 point rally when mandate or entire law struck down and then sell off when reality sets back in that Obama is still sitting in the Oval office.
The market will take a big dive. Big business likes big government.
Today could be a REALLY good day.
1. Holder, contempt.
2. Obamacare, tossed.
3. Obama, whines in a speech.
There has to be something that really crowns this day, though, like Larry Sinclair showing up with a video tape or Michelle punching Barack on national TV.
If the mandate is upheld, I predict a VOLT in every garage soon.
1. Drops 400+ points.
2. Up 225+ points.
3. Drop 200+ points.
Although this might take more than 5 minutes.
Remember, Obamacare raises barriers to entry into the market and thus takes out potential competition, strengthening the establishment. I wouldn’t be surprised to see stocks take a hit if the law is struck down or bump higher if the law is upheld. That doesn’t mean the law is a good thing for consumers or for economy, but the stock exchange is comprised of large businesses that wrote this law to their advantage and to the disadvantage of small business and individuals.
here is the only thing that is certain in these three cases:
1) Obama will declare Victory, continue to implement governemnt health care
2) Obama will declare Victory, continue to implement governemnt health care
3) Obama will declare Victory, continue to implement governemnt health care
1. It is manipulated like everyday.
2. It is a bigger mess since Glass Steagll was removed.
3. It is run on worthless money.
I think the Big Money already knows, so its price in. There will be minor movement either way as the small investor finds out and reacts.
Ask the computers—they do most of the trading anyway.
All the above.
Not as easily predictable as one might think. If it gets tossed insurance companies will start tanking since they won’t be getting 40 million new customers marched in at gunpoint.
Down 24.75 points at 12,602.26.