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Dow Sinks 700 Points on Covid-19 Surge and Stimulus Pessimism
The Street ^ | Octovber 26, 2020 | JOSEPH WOELFEL

Posted on 10/26/2020 8:30:47 AM PDT by Yo-Yo

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Hang on tight, it's going to be a wild rollercoaster ride on Wall Street.
1 posted on 10/26/2020 8:30:47 AM PDT by Yo-Yo
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To: Yo-Yo

I apologize but my Spidy senses are going up. Anyone not think this is also being influenced by rich Democrats, including Soros, to try to stop Trump momentum? Just because your paranoid, doesn’t mean you’re wrong!


2 posted on 10/26/2020 8:32:36 AM PDT by shoedog
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To: Yo-Yo

So I covered the short positions I took on Friday too early. But my covered puts are way up.


3 posted on 10/26/2020 8:32:48 AM PDT by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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To: Yo-Yo

So much corruption...timed to hurt Trump in the election. Probably big tech liberals and Soros with mass selloffs to send the trajectory downward and scare middle income investors.


4 posted on 10/26/2020 8:33:22 AM PDT by Mozzafiato
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To: Yo-Yo

As I said last week, I was getting out of stock positions until the election. Bitcoin should do very well, as it did in 2016. But until after Nov 3rd, this is too dangerous of an environment to depend on stocks. Don’t “panic sell” today if you didn’t already, however.


5 posted on 10/26/2020 8:34:26 AM PDT by montag813
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To: Yo-Yo

Ah, just as desired by the Dems.


6 posted on 10/26/2020 8:34:30 AM PDT by livius
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To: Yo-Yo
Neither the covid "surge" nor the stimulus is of much relevance to anything. Let the markets fall for a few days, then rise Friday and .Monday and Tuesday.
7 posted on 10/26/2020 8:34:38 AM PDT by SmokingJoe
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To: shoedog

It’s a nothing burger.


8 posted on 10/26/2020 8:35:25 AM PDT by SmokingJoe
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To: Yo-Yo

I’m a little over 50% cash, and my wife is 75% cash. I’ve been waiting for another major drop.


9 posted on 10/26/2020 8:36:41 AM PDT by Fido969
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To: All

time to take some profit and hang on the sidelines until the election is decided.


10 posted on 10/26/2020 8:36:41 AM PDT by newnhdad (Our new motto: USA, it was fun while it lasted.)
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To: Yo-Yo

I bet a bunch of wall street insiders are snapping up certain pharmaceutical stocks while the price is low.

Charlatans


11 posted on 10/26/2020 8:36:56 AM PDT by mylife (The Roar Of The Masses Could Be Farts)
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To: shoedog

Don’t forget that it’s Nancy Pelosi who is blocking the stimulus. Trump has got to focus on this.

I know it’s too expensive, etc. but we’ve got to bite the bullet and go with Trump’s plan, because we can see now that Pelosi is trying to blame the GOP for what she is actually doing (even most of the Dems were ready to vote in favor of it).


12 posted on 10/26/2020 8:37:04 AM PDT by livius
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To: Yo-Yo

Profit taking . . .


13 posted on 10/26/2020 8:38:17 AM PDT by freedomlover
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To: Yo-Yo

I look like a genius going to cash Oct 16.


14 posted on 10/26/2020 8:38:24 AM PDT by kvanbrunt2 (spooks won on day 76)
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To: Yo-Yo

The tech stocks make up a major part of the indexes, and if they are threatened by the 230 review, they might have a short term drop.


15 posted on 10/26/2020 8:39:08 AM PDT by Fido969
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To: shoedog
Anyone not think this is also being influenced by rich Democrats, including Soros, to try to stop Trump momentum?

I knew they would do this before the election, which is why I put all money in GOV bonds last month.

16 posted on 10/26/2020 8:39:08 AM PDT by usurper ( version)
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To: shoedog

Peter Parker would say his “Spidey Senses are Tingling”.

YES this is the last ditch effort to paint the DARK WINTER by all forces opposed to Trump.

I think it will BACKFIRE BIGLY. I am voting IN PERSON on 11/3. EVERY Conservative/Republican I know is doing the same. IF THIS COVID FEAR “PORN” impacts any turnout it will be the “Beta CUCK” Democrat Male and the “WEAR a MASK” in your car Female.


17 posted on 10/26/2020 8:40:03 AM PDT by LeonardFMason
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To: Yo-Yo

Only a fool votes based on the stock market.


18 posted on 10/26/2020 8:40:27 AM PDT by Seruzawa (TANSTAAFL!)
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To: Mozzafiato

Trump should’ve demanded that McConnell pass stimulus checks for the unemployed. McConnell wants Trump to lose


19 posted on 10/26/2020 8:40:39 AM PDT by rintintin (The)
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To: Yo-Yo

Right on cue.


20 posted on 10/26/2020 8:41:45 AM PDT by Jeff Chandler (We flattened the heck out of that curve, didnÂ’t we?)
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