Investors are worried about a Biden presidency.
1 posted on
10/28/2020 4:37:08 PM PDT by
aimhigh
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To: aimhigh
Apparently they are.....that’s a BIG drop!
To: aimhigh
Investors are preparing for the GDP numbers. Selling off to get good deals tomorrow.
3 posted on
10/28/2020 4:38:43 PM PDT by
LIConFem
(I will no longer accept the things I cannot change. it's time to change the things I cannot acceptI)
To: aimhigh
I think they’re worried about LOCKDOWNS.
4 posted on
10/28/2020 4:38:56 PM PDT by
backwoods-engineer
(But what do I know? I'm just a backwoods engineer.)
To: aimhigh
Biden must be up in the polls
To: aimhigh
No they are doing this to hurt Trump!
6 posted on
10/28/2020 4:40:32 PM PDT by
DarthVader
(Not by speeches & majority decisions will the great issues th the day be decided but by Blood & Iron)
To: aimhigh
Markets always sell off in the October of presidential election years. This was widely predicted. Those of us who put the indices are feeling quite satisfied. A couple more days and time to cash in. After the election hubbub subsides, the market will recover and move on to the Christmas rally.
9 posted on
10/28/2020 4:44:48 PM PDT by
hinckley buzzard
(uadrilterlmallince fcingndown the Comunist Chinese threat.)
To: aimhigh
Or Wall Street is trying to depress Trump voters.
10 posted on
10/28/2020 4:45:07 PM PDT by
mewzilla
(Break out the mustard seeds.)
To: aimhigh
Its prudent to batten down the hatches in the run up to the elections, in view of the likely riots, anarchy, mayhem and insurrection from Biden supporters/BLM/ANTIFA. Take a cash position, stock up on food and ammo, and hunker down for any possible trouble.
To: aimhigh
The Wisconsin poll. Biden +17. Only institutional investors would believe that.
12 posted on
10/28/2020 4:50:53 PM PDT by
jimfree
(My 20 y/o granddaughter continues to have more quiality exec experience than an 8 year Obama.)
To: aimhigh
Maria Bartiromo said this morning that the dip was (at 6am CDT) due to the closing of businesses in Europe for fear of Wuhan Virus. And she saw some political anti-Trump manipulation as possible during the day.
14 posted on
10/28/2020 4:51:06 PM PDT by
GreyFriar
(Spearhead - 3rd Armored Division 75-78 & 83-87)
To: aimhigh
I moved most of my 401k into cash a few months ago in anticipation of a Democrat party politically motivated market crash.
The market manipulators are creating an opportunity for me. After Trump wins re-election, I'll buy back into the S&P 500 at bargain prices.
Should I curse or cheer to market manipulators?
To: aimhigh
My read is that Wall Street poured enormous amounts of money into the Biden campaign - wanting to open China back up for their filthy lucre.
Recent revelations have made them doubtful that it will happen - thus the big drop.
17 posted on
10/28/2020 4:52:04 PM PDT by
politicket
(Don't remove a Bernie Sanders bumper sticker. It's the only thing holding the car together!)
To: aimhigh
“Investors are worried about a Biden presidency.”
Many of them would prefer Biden. They can handle him with pocket change. Trump will give them every opportunity to make money, but he will want it done legally and he likes helping the little guys too. And Trump is after some of the BIG boys. Biden wouldn’t do that, they are already partners.
The two largest investment sites, MarketWatch and CNBC are in the tank for Biden all the way.
They are worried about the economy due to the COVID. When cases peak and start down the market will go to new highs, no matter who is president.
20 posted on
10/28/2020 5:01:15 PM PDT by
SaxxonWoods
(Ghislaine Maxwell lives and Joe Biden is losing.)
To: aimhigh
Fidelity manages my account. They transferred some of my funds a couple days ago. My loss was small today.
22 posted on
10/28/2020 5:03:26 PM PDT by
Huskrrrr
To: aimhigh
profit taking.
cash on sidelines waiting for election to pass.... markets hate uncertainty (even though WS knows Trump will win).
24 posted on
10/28/2020 5:17:51 PM PDT by
sheehan
(DEPORT ALL ILLEGALS.)
To: aimhigh; All
Due to the media and everyone else hyping Covid cases. If people kept their mouths shut, circumstances wouldn’t be different. Even here, there is an obsession with this flu like it’s a religious cult.
25 posted on
10/28/2020 5:23:55 PM PDT by
Cobra64
(Common sense isnÂ’t common anymore.)
To: All
Sold everything about a week ago. Figured I’d wait until after the election. It’s gonna be a wild ride.
To: aimhigh
Stock Market Today: Dow Drops 943 Points as Investors Traders Storm the Exits
To: aimhigh
Democrats attempting to crash the market.
They’re creating nothing but buying opportunities.
32 posted on
10/28/2020 5:40:41 PM PDT by
meyer
(WWG1WGA, MAGA! Derps vs. Patriots, choose your side.)
To: aimhigh
Market is expecting Joe to win.
33 posted on
10/28/2020 5:40:42 PM PDT by
damper99
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