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Wall Street sell-off to begin 2021 gains steam, with the Dow dropping 700 points (Georgia Runoff Spooks Stocks)
CNBC ^ | Published Sun, Jan 3 20216:00 PM EST | Fred Lambert

Posted on 01/04/2021 9:37:43 AM PST by BradtotheBone

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To: Diana in Wisconsin
I AM expecting a stock market TANK if Biden is sworn in, and worse economic days ahead, for sure.

Never time the market, unless a demented old creep steals an election and Leftwing socialist nuts control all branches of government, then SELL.

21 posted on 01/04/2021 10:09:41 AM PST by 1Old Pro
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To: BradtotheBone

Sounds like the inside polling is showing the 2 GOP candidates have once again failed to convince their voters that they are willing to fight against the GOPe, the Dems, and the liberal media.

Rove must be advising them.


22 posted on 01/04/2021 10:11:57 AM PST by roses of sharon ("Truly I tell you, today you will be with me in paradise." Luke 23:43)
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To: Diana in Wisconsin
I AM expecting a stock market TANK if Biden is sworn in ...

As it becomes more apparent that Biden will be moving in (and sadly he will), I expect the Dow to slide back about 10%.
Whatever is bugging the Dow today may be the beginning of that slide.
23 posted on 01/04/2021 10:12:33 AM PST by oh8eleven (RVN '67-'68)
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To: BradtotheBone

The fraud/coup is making the markets react.


24 posted on 01/04/2021 10:18:43 AM PST by KC_Conspirator
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To: BradtotheBone

Do you think the CEOs and other higher ups in these large companies that supported demented joe and the ho will lose anything? Qui bono?


25 posted on 01/04/2021 10:18:55 AM PST by dynachrome ( “The people have spoken . . . and they must be punished.” Ed Koch)
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To: billyboy15

Copy that. That’s why they are small investors.

If Biden prevails, the major indexes will do well, as they did under Obama. IMHO, not so much the small caps (Russell 2000).

Socialists like their big-cap, oligarchical companies. They can control them and do them favors. Big caps can deal with the regulations, and even profit from them as they provide barriers to competition. The small caps struggle more with these - the smaller banks, smaller manufacturers and retailers, smaller energy companies, etc.


26 posted on 01/04/2021 10:19:08 AM PST by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart and lean not on your own understanding")
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To: KC_Conspirator
The fraud/coup is making the markets react.

The market could drop 1,000 and the media will be silent as they don't want people to think Demented Joe is to blame.

27 posted on 01/04/2021 10:20:09 AM PST by 1Old Pro
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To: billyboy15

It depends on your age (and usually related) risk tolerance.

If I were young I would hold very little cash, and in fact would borrow as much as I could at the current low interest rates where they are available.

But—unfortunately I am older and cannot afford a stock market crash, so I have no choice but to be heavy in cash and cash equivalents—and of course I have no debt.

A dollar crash (and inflation of basics) would be very bad for me, so that is why I have a _big_ cushion of cash over expenses.


28 posted on 01/04/2021 10:58:26 AM PST by cgbg ( They want us to be slaves--we need to give them the middle finger--forever.)
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To: BradtotheBone

It’s not the GA runoff. It’s in preparation for the 1/6 plunge. They want people to squeal “stop the pain...we’ll take Biden”.


29 posted on 01/04/2021 11:01:40 AM PST by jdsteel (Americans are Dreamers too!!!)
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To: setter

“ The Big banks and big tech which controls the market wanted Biden in and the market itself will do well. The economy may not.”

Foreign markets, though......


30 posted on 01/04/2021 11:03:35 AM PST by jdsteel (Americans are Dreamers too!!!)
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To: cgbg

I’m old as well, almost 80 and I have found thru the yrs (I have been investing for over 40 yrs) that 6 months cash is enough IF investments being held are mostly balanced, perhaps in a 50-50 mix of equities (including commodities and bonds including those rated as low as b.) This is most easily done in a well managed balanced mutual fund such as Vanguard Wellington which has been around since 1929 and has an average return north of 8% over that span. It is one of the lower cost funds fee wise and very, very popular.

It is currently closed to new investors but will reopen at some point.


31 posted on 01/04/2021 11:05:41 AM PST by billyboy15 (')
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To: Eccl 10:2

Bingo.


32 posted on 01/04/2021 11:07:07 AM PST by jdsteel (Americans are Dreamers too!!!)
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To: CatOwner

What sectors are you staying with? I’m already out of ‘growth’...


33 posted on 01/04/2021 11:07:08 AM PST by GOPJ (Our culture is starting to push thugs to the top - a kiss of death for an advanced culture.)
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To: All

https://finance.yahoo.com/news/georgia-runoff-results-could-trigger-a-10-stock-market-selloff-151106040.html


34 posted on 01/04/2021 11:26:06 AM PST by SteveH
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To: Eccl 10:2

Good analysis.
I have made a lot on the high tech small caps in the last two years.

What do you think will happen with oil/energy stocks?

How about airline and cruise insutry?


35 posted on 01/04/2021 11:44:05 AM PST by woodbutcher1963
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To: Jeff Chandler

I don’t care if the market crashes.

I just hope normal people aren’t too affected.
**********
Peoples retirement is invested in the equity markets


36 posted on 01/04/2021 12:18:06 PM PST by Finalapproach29er (luke 6:38 )
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To: oh8eleven
As it becomes more apparent that Biden will be moving in (and sadly he will), I expect the Dow to slide back about 10%

Only 10%? I'm expecting a possible 20% slide, into a crash. I've pulled two-thirds of my money out of the stock market in the last couple months. Still making money on the remaining third, but if the market slides a lot then I'll sell off most except for a few that are long-term investments. A lot of the analysis reports I've read point to a major crash around March leading to collapses elsewhere into a major depression. Of course Biden will blame Trump, but it will be Biden's baby and Biden will make everything worse.

37 posted on 01/04/2021 12:20:25 PM PST by roadcat
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To: billyboy15; Justa
“Buy on the dips.”

If only it was so easy. Try this: Buy on the dips, not the downhill side of the mountain. You just gotta figure out which is which!
38 posted on 01/04/2021 12:55:08 PM PST by Svartalfiar
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To: Svartalfiar

“You just gotta figure out which is which!”

LOL, if I could figure out exactly when to sell and buy I’d be a gazillionaire today.


39 posted on 01/04/2021 12:59:33 PM PST by billyboy15 (')
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To: BradtotheBone

Big drop coming Tuesday/Wed if the Dems steal this election and take the Senate.

Bigger drop (read: crash) coming if Biden is inaugurated. 30-40% easily, over the next couple months.

Just my opinion.


40 posted on 01/04/2021 2:32:12 PM PST by Deo volente ("When we see the image of a baby in the womb, we glimpse the majesty of God's creation." Pres. Trump)
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