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(Reuters)   Stocks up on news that someone is going to win the election   (reuters.com) divider line 54
    More: Asinine, IXIC, futures contracts, industry sectors, European Economic Area, portfolio manager  
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1252 clicks; posted to Politics » on 06 Nov 2012 at 3:47 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-11-06 02:13:07 PM
Who says OK?
Why it's my 401k!
 
2012-11-06 03:00:18 PM
i.imgur.com

Unimpressed.
 
2012-11-06 03:13:28 PM
Clearly speculative trading.
 
2012-11-06 03:51:33 PM
Stocks climbed on Tuesday as some investors bet that Republican Mitt Romney could pull off a surprise victory in the presidential vote, citing gains in defense and energy shares.

Investors guess that Romney will win based on rising stocks which are rising because investors guess that Romney will win
 
2012-11-06 03:51:42 PM
My clients are actually setting meetings today, everything has been on hold for the last 45 days or so. Put me in the glad the election is finally over camp.
 
2012-11-06 03:51:58 PM

hdhale: Clearly speculative trading.


Actually it's more likely to be reading too much into normal trading.

"A defense contractor gained value. It must be a sign!"
 
2012-11-06 03:52:13 PM
So, that means Oil will go up, right?
 
2012-11-06 03:52:18 PM
Stocks climbed on Tuesday as some investors bet that Republican Mitt Romney could pull off a surprise victory in the presidential vote, citing gains in defense and energy shares.


That was some pretty ridiculous reporting.
 
2012-11-06 03:52:19 PM

The All-Powerful Atheismo: Stocks climbed on Tuesday as some investors bet that Republican Mitt Romney could pull off a surprise victory in the presidential vote, citing gains in defense and energy shares.

Investors guess that Romney will win based on rising stocks which are rising because investors guess that Romney will win


Wow, how did the market ever crash in the first place?
 
2012-11-06 03:52:37 PM
Wow, talk about biased reporting. Stocks are up because election is almost over and volatility will be lower.

Reporter says: Stocks are up because Romney might win.

Give me a break. Reuters, Reuters really? You can do better than this Reuters.
 
2012-11-06 03:54:16 PM

Tom_Slick: My clients are actually setting meetings today, everything has been on hold for the last 45 days or so. Put me in the glad the election is finally over camp.


Can we put it to a vote to hang and quarter the first reporter to start the ball on the 2016 election?
 
2012-11-06 03:54:35 PM
Someone? Rules out Romney. I think you need a soul to pull off "someone".
 
2012-11-06 03:55:52 PM

MindStalker: Tom_Slick: My clients are actually setting meetings today, everything has been on hold for the last 45 days or so. Put me in the glad the election is finally over camp.

Can we put it to a vote to hang and quarter the first reporter to start the ball on the 2016 election?


DRAW and quarter.

Hanging them is too quick. Bonus, we could use Romney's horses!
 
2012-11-06 03:58:42 PM

Evil Twin Skippy: MindStalker: Tom_Slick: My clients are actually setting meetings today, everything has been on hold for the last 45 days or so. Put me in the glad the election is finally over camp.

Can we put it to a vote to hang and quarter the first reporter to start the ball on the 2016 election?

DRAW and quarter.

Hanging them is too quick. Bonus, we could use Romney's horses!



Slow televised torture may be called for. My job requires a different strategy depending on who is in the White House, it doesn't matter who is in but long term planning can't be done until the election is over.
 
2012-11-06 03:59:02 PM

Evil Twin Skippy: MindStalker: Tom_Slick: My clients are actually setting meetings today, everything has been on hold for the last 45 days or so. Put me in the glad the election is finally over camp.

Can we put it to a vote to hang and quarter the first reporter to start the ball on the 2016 election?

DRAW and quarter.

Hanging them is too quick. Bonus, we could use Romney's horses!


Let's call it Proposition FUUUUUUUUU!!!!!
 
2012-11-06 04:00:57 PM
"Defense stocks are moving up, and coal stocks are up too, which are two sectors that are going to react more to a Romney victory than a President Obama victory," said Jon Najarian, co-founder of optionMONSTER in Chicago. Shares of Arch Coal were up 4.3 percent at $8.71.

What dumbass muppet shiat is this? Coal stocks have been rising for a month because they were decimated by cheap NG and as NG has risen above the crucial $3/1000 cu. ft. number, the fortunes of coal have been revived. Coal is still off 50% vs. a year ago. Look to the NG stockpile number on Thursday morning along with the next NOAA winter prediction to see where it moves after that.

If you invest on who you think will win tomorrow, then you're a mark. Smart money priced it in months ago, and besides, you can't legislate fundamentals.

Hospital stocks are up this month too which are supposedly big winners because of Obama care so does that mean the market thinks Obama is winning?
 
2012-11-06 04:02:04 PM
No stocks are up because they are happy the election is almost OVER.
 
2012-11-06 04:02:19 PM
I've already seen the "my broker thinks stocks are headed up in advance of a Romney win" line today on Facebook.
 
2012-11-06 04:04:50 PM

MooseUpNorth: Evil Twin Skippy: MindStalker: Tom_Slick: My clients are actually setting meetings today, everything has been on hold for the last 45 days or so. Put me in the glad the election is finally over camp.

Can we put it to a vote to hang and quarter the first reporter to start the ball on the 2016 election?

DRAW and quarter.

Hanging them is too quick. Bonus, we could use Romney's horses!

Let's call it Proposition FUUUUUUUUU!!!!!



Are you saying "Hold on, I'm holding an election on how bad elections are?"

Or is FUUUUUUUUU!!! the actual name of your proposition?
 
2012-11-06 04:06:01 PM
Stocks have been rising for 32 months in anticipation of a Romney Presidency.
 
2012-11-06 04:07:14 PM

Rapmaster2000: "Defense stocks are moving up, and coal stocks are up too, which are two sectors that are going to react more to a Romney victory than a President Obama victory," said Jon Najarian, co-founder of optionMONSTER in Chicago. Shares of Arch Coal were up 4.3 percent at $8.71.

What dumbass muppet shiat is this? Coal stocks have been rising for a month because they were decimated by cheap NG and as NG has risen above the crucial $3/1000 cu. ft. number, the fortunes of coal have been revived. Coal is still off 50% vs. a year ago. Look to the NG stockpile number on Thursday morning along with the next NOAA winter prediction to see where it moves after that.

If you invest on who you think will win tomorrow, then you're a mark. Smart money priced it in months ago, and besides, you can't legislate fundamentals.

Hospital stocks are up this month too which are supposedly big winners because of Obama care so does that mean the market thinks Obama is winning?


You should join the politics tab and see if you can swing some facts in there.... it's bloody anarchy over there!
 
2012-11-06 04:07:49 PM
The energy (oil, gas, coal) company stocks are rising too. Who's for them? It ain't Obama.
 
2012-11-06 04:08:40 PM

cousin-merle: Stocks have been rising for 32 months in anticipation of a Romney Presidency.


I think you have that backwards. They've been rising for 32 months in anticipation of the end of Obama's term. As soon as Romney wins they will start tanking in anticipation of his successor.
 
2012-11-06 04:09:59 PM

Tom_Slick: My clients are actually setting meetings today, everything has been on hold for the last 45 days or so. Put me in the glad the election is finally over camp.


It doesn't have to be over, if it is close (one way or the other) expect the loser to take it to court.
 
2012-11-06 04:10:16 PM
US Oil Futures are up 3% today so this means that Obama is going to win because he will deny more drilling permits in order to protect 25 birds.

Wall Street punditry has always been the the best at bad analysis.
 
2012-11-06 04:10:47 PM

mab1823: I've already seen the "my broker thinks stocks are headed up in advance of a Romney win" line today on Facebook.


The equities market tanked under 0bama, so it has nowhere to go except up once Romney takes over.
 
2012-11-06 04:13:07 PM

pat34us: It doesn't have to be over, if it is close (one way or the other) expect the loser to take it to court.


Then this will be a year Christmas doesn't happen.
 
2012-11-06 04:13:44 PM

Moopy Mac: mab1823: I've already seen the "my broker thinks stocks are headed up in advance of a Romney win" line today on Facebook.

The equities market tanked under 0bama, so it has nowhere to go except up once Romney takes over.


Funny.
 
2012-11-06 04:15:21 PM

Evil Twin Skippy: Someone? Rules out Romney. I think you need a soul to pull off "someone".


I dunno, the ginger kind in my basement manages to pull "someone" off rather nicely.
 
2012-11-06 04:16:16 PM
That's a mental article. We actually already have a monied index that tracks investors' bets on who will win the election conducte dby InTrade. As of the close of trading today, the President had a 68.2% chance of winning. Stocks rallied on the back of financials today, which everyone is in agreement will be fine no matter who wins.
 
2012-11-06 04:20:06 PM
market declined for eight years under Bush2 because it anticipated an Obama presidency
 
2012-11-06 04:21:27 PM

Evil Twin Skippy: Hanging them is too quick.


He's nothing but a low-down, double-dealing, backstabbing, larcenous perverted worm! Hanging's too good for him. Burning's too good for him! He should be torn into little bitsy pieces and buried alive!

I have seen some speculative reporting on who may be open for the dems in 2016.... certainly aint going to be a hand off to ol Joe.
 
2012-11-06 04:25:15 PM
i2.cdn.turner.com


They must be some sort of wizard, they've known Romney was going to make a surprise win since 2009.
 
2012-11-06 04:31:09 PM

MindStalker: Or is FUUUUUUUUU!!! the actual name of your proposition?


Actual name. It has a sort of ring to it, doesn't it?
 
2012-11-06 04:31:24 PM
One talking head on CNBC predicted S&P at 1500 by years end and a different guy predicted a 2-3% surge by Thanksgiving... regardless of who wins.
 
2012-11-06 04:33:33 PM
Aren't most of these trades electronically triggered now...?

//We know who believes in math though and who trusts the tooth fairy....
 
2012-11-06 04:34:07 PM

dennysgod: [i2.cdn.turner.com image 475x280]


They must be some sort of wizard, they've known Romney was going to make a surprise win since 2009.


Your graph states that the Dow is down almost 5%. That is pathetic performance. Good job Obama.
 
2012-11-06 04:38:02 PM
No, stocks up on news that campaigns are no longer carpetbombing the airwaves.
 
2012-11-06 04:38:49 PM
It's essentially money made doing no useful work..just shuffling ciphers around. These traders are leeches, plain and simple.
 
2012-11-06 04:41:02 PM

Moopy Mac: dennysgod: [i2.cdn.turner.com image 475x280]


They must be some sort of wizard, they've known Romney was going to make a surprise win since 2009.

Your graph states that the Dow is down almost 5%. That is pathetic performance. Good job Obama.


I was wondering what that was. I'm guessing return since all-time high in November 2007?
 
2012-11-06 04:43:47 PM

Day_Old_Dutchie: It's essentially money made doing no useful work..just shuffling ciphers around. These traders are leeches, plain and simple.


You do realize stocks represent companies. Companies that do useful work.
 
2012-11-06 04:44:03 PM

MooseUpNorth: MindStalker: Or is FUUUUUUUUU!!! the actual name of your proposition?

Actual name. It has a sort of ring to it, doesn't it?


Dr. Hfuhruhurr approves.
 
2012-11-06 04:45:35 PM
Stocks will go up either way in the next few days. Mark my words.

If Romney pulls off the upset, the corporate fat cats can plan for higher profits from decreased regulation. And those same corporate fat cats have no doubt been holding off on releasing any good news that might help boost the market for the past few weeks, while releasing any bad news that might help mitigate "Obama's recovery", effectively back-loading as much stock price gains as they can until after the election.
 
2012-11-06 04:45:46 PM

theknuckler_33: Moopy Mac: dennysgod: [i2.cdn.turner.com image 475x280]


They must be some sort of wizard, they've known Romney was going to make a surprise win since 2009.

Your graph states that the Dow is down almost 5%. That is pathetic performance. Good job Obama.

I was wondering what that was. I'm guessing return since all-time high in November 2007?


This reminds me of my favorite dumb analysis: "The market rose/fell on the day Bush/Obama was inaugurated." As if there was no possible way for traders to foresee the inauguration ahead of the inauguration date.

You'll hear it again this year.
 
2012-11-06 04:46:14 PM
when bush left office the dow was 7900 now its around 13000
 
2012-11-06 04:47:13 PM
Stock in Nate Silver is way up. Like the facebook ipo way up.
 
2012-11-06 04:47:17 PM

theknuckler_33: Day_Old_Dutchie: It's essentially money made doing no useful work..just shuffling ciphers around. These traders are leeches, plain and simple.

You do realize stocks represent companies. Companies that do useful work.


You do realize that shares trading hands on the secondary-market has no effect on the output of those companies, nor does the capital tied up in those shares help them.
 
2012-11-06 04:48:58 PM

Evil Twin Skippy: MindStalker: Tom_Slick: My clients are actually setting meetings today, everything has been on hold for the last 45 days or so. Put me in the glad the election is finally over camp.

Can we put it to a vote to hang and quarter the first reporter to start the ball on the 2016 election?

DRAW and quarter.

Hanging them is too quick. Bonus, we could use Romney's horses!


If we can't get it, I've a horse outside.

Link

NSFW language

/kinda random but I love that song
 
2012-11-06 05:00:48 PM

El Pachuco: theknuckler_33: Day_Old_Dutchie: It's essentially money made doing no useful work..just shuffling ciphers around. These traders are leeches, plain and simple.

You do realize stocks represent companies. Companies that do useful work.

You do realize that shares trading hands on the secondary-market has no effect on the output of those companies, nor does the capital tied up in those shares help them.


Maybe not, but the output of those companies has an effect on the shares trading hands. There is obviously a lot of shady shiat going on in the markets, I'm not saying there isn't. But if you aren't trying to just make a quick buck, but instead are building a long-term portfolio, you can wisely pick companies that have growth potential or pay good dividends and grow your nest egg and that growth is real, based on the performance of the underlying company. That's all. I wasn't trying to get into shorting and all that kind of complex shiat they do on Wall Street.
 
2012-11-06 05:01:25 PM
MODS: Time for another election thread. The second one's pretty full.

Thanks.
 
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