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Thread: Stocks sell off after election

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    Stocks sell off after election

    U.S. stocks fell sharply at the open Wednesday, as investors focused on how President Obama plans to avoid the fiscal cliff after he won re-election Tuesday night....

    The Dow Jones industrial average fell more than 200 points after the open, a more than 1.3% drop. The Nasdaq and S&P 500also slid more than 1.3%.

    Stocks sell off after election - Nov. 7, 2012
    It was almost comical watching stock futures last night as election results came in. When Obama won a state, stocks dropped and bonds rose. When Romney won, stocks rose and bonds dropped. The markets don't seem to be impressed with a second BOb term.
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    Re: Stocks sell off after election

    Stock market is just being coy, don't worry about it.

    Really though, is it at all concerning the stock market has been stagnant for the last month or two despite QE3?
    One who makes himself a worm cannot complain when tread upon.

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    Re: Stocks sell off after election

    Quote Originally Posted by Republic Now! View Post
    Stock market is just being coy, don't worry about it.

    Really though, is it at all concerning the stock market has been stagnant for the last month or two despite QE3?
    A lot going on here: European debt woes; China slowing; U.S. economy slowing; fiscal cliff; some large, negative earnings announcements.... But I'll bet if Romney'd won the markets would have been coy to the upside. Higher taxes are never good for stocks. Bonds, on the other hand, seem to be pricing in slower growth.
    Last edited by Ahlevah; 11-07-12 at 11:22 AM.
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    Re: Stocks sell off after election

    Quote Originally Posted by Ahlevah View Post
    A lot going on here: European debt woes; China slowing; U.S. economy slowing; fiscal cliff; some large negative earnings announcements.... But I'll bet if Romney'd won the markets would have been coy to the upside. Higher taxes are never good for stocks. Bonds, on the other hand, seem to be pricing in slower growth.
    Well yeah, lower taxes tend to make people more comfortable with bringing their money into the public.

    The stock market was UP yesterday by 150 points purely on the assumption that Romney would win.
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    Re: Stocks sell off after election

    Quote Originally Posted by Ahlevah View Post
    It was almost comical watching stock futures last night as election results came in. When Obama won a state, stocks dropped and bonds rose. When Romney won, stocks rose and bonds dropped. The markets don't seem to be impressed with a second BOb term.
    Yes, because what happens in the first hour of trading after an election is a clear indication of the trend for the next 4 years.
    Also, we need to legalize recreational drugs and prostitution.

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    Re: Stocks sell off after election

    Quote Originally Posted by Ahlevah View Post
    A lot going on here: European debt woes; China slowing; U.S. economy slowing; fiscal cliff; some large, negative earnings announcements.... But I'll bet if Romney'd won the markets would have been coy to the upside. Higher taxes are never good for stocks. Bonds, on the other hand, seem to be pricing in slower growth.
    I've heard that the bond market is a bubble that will burst eventually.
    Also, we need to legalize recreational drugs and prostitution.

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    Re: Stocks sell off after election

    Quote Originally Posted by Ahlevah View Post
    It was almost comical watching stock futures last night as election results came in. When Obama won a state, stocks dropped and bonds rose. When Romney won, stocks rose and bonds dropped. The markets don't seem to be impressed with a second BOb term.
    Not to worry anything bad that happens is Bush's fault so it doesn't matter

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    Re: Stocks sell off after election

    Quote Originally Posted by Bronson View Post
    Not to worry anything bad that happens is Bush's fault so it doesn't matter
    So how'd that landslide for Romney work out for you?


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

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    Re: Stocks sell off after election

    Quote Originally Posted by samsmart View Post
    Yes, because what happens in the first hour of trading after an election is a clear indication of the trend for the next 4 years.
    Why would we care about what stocks did the last 4 years? What happened in the first few hours is what really counts.


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

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    Re: Stocks sell off after election

    Quote Originally Posted by rocket88 View Post
    So how'd that landslide for Romney work out for you?
    Huh? What are you talking about? Ron Paul won in a landslide. Amazing, considering he was at best a write-in.

    (I'm trying out denial)
    One who makes himself a worm cannot complain when tread upon.

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