Posted on 02/28/2012 8:08:33 PM PST by SeekAndFind
While President Obama may not be Wall Street's ideal candidate, stock prices are rising on growing expectations he will be re-elected this November.
Part of that, market pros say, is simply that investors feel more certain about who will be in the White House for the next four years and which policies they will have to deal with.
Obama's chances of winning in November increased to above 60 percent on Tuesday, up from about 50 percent at the beginning of the year, according to the odds on prediction market Intrade.com.
Meanwhile, the S&P 500 has hit a new bull market high and is up 9 percent on the year.
The stock market’s rise comes as the supposed Republican frontrunner, Mitt Romney, continues to struggle to win the GOP nomination.
Romney has just a 55 percent chance of winning Tuesday’s Michigan Primary, down from 80 percent just a day ago, according to Intrade. Meanwhile, the odds of GOP challenger Rick Santorum winning the primary have shot up to 45 percent.
Somethings fishy.
I believe you are close to the truth.
If gas is five bucks Obama is gone and so is the economy..
More like ‘sheepy.’
People are being setup for a huge fleecing, and there is no hedge that will save them if they’re in the stock market when the chute breaks open.
But in the short run, metals and oil are going to go stratospheric.
Gas will be passed $5 by noon tomorrow.
I am a simple guy, but this all looks like market manipulation to me.
He have half the candidates and the President telling us Gas prices are up because there is a glut of oil. WTF?
Obmaa was against the Keystone pipeline 3 weeks ago and now he’s for it.
Satorumn says yesterday that current gas prices caused the housing market to collapse 3 years ago. WTF?
I agree.
I am free to say this:
Watch ANY financial show, at the closing bell, and watch how quickly someone wants to tell you why MILLIONS of transactions happened that day, as if they knew every person on each side of the trade, and every reason why each trade was made.
Look at any historical chart.
Bad stuff happens
Good stuff happens
Throughout history.
Hard to pin the market on any one good thing or bad thing.
The market is the market.
Look at any historical chart.
Bad stuff happens
Good stuff happens
Throughout history.
Hard to pin the market on any one good thing or bad thing.
The market is the market.
Commodities certainly seem like the place to be.
Seriously? The election is more than 8 months away. Alot can, and will happen between now and then, and damn little of it good for Obama.
Oil and gas on the rise. A major war in the Middle East. The Euro and the European Union in turmoil. The Occupy Wall Street crazies coming out in full force this Spring, with violent episodes erupting all over the country. And this is just the tip of the iceberg.
Throwing in the towel is not an option.
Everyone should stop for a moment and think about something:
Are we really so brainwashed, we actually believe that the stock market going up, means the communist is going to win?
I also do not directly list my name. :)
Anyway, so far so good.
I was once Kansas Republican Party Treasurer and a Broker at the same time.
It can be done but you are correct, we must be careful.
who are these people voting for him?
“Are we really so brainwashed, we actually believe that the stock market going up, means the communist is going to win?”
####
The two statements DO seem mutually exclusive don’t they?
But then, we are no longer in the mostly sane, market-based financial environment of old.
ROTFLMAO!!!
CNBS is a joke.
I wouldn’t put a single penny down on anything they say.
The vote will be anti Obama and not pro anybody
“Hard to pin the market on any one good thing or bad thing.”
The market is the market.
_____________________________________________
Right....
It is no longer your father’s stock market.
It is fat cats like Soros and Buffet, and others with big computers, doing the pump and dump.
On a day to day basis, the market has nothing to do with reality.
To say that the public is expecting a glorious eight years
of Marxist ideology, run by the Obumber puppet, is whistling in one’s britches.
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