 Stock Market Direction (by Dee Ann [WI]) Oct 22, 2020 1:17 PM
 Stock Market Direction (by Laura [VA]) Oct 22, 2020 2:15 PM
Stock Market Direction (by Landlord ofthe Flies [TX]) Oct 22, 2020 3:13 PM
Stock Market Direction (by Jerry [MA]) Oct 22, 2020 3:16 PM
Stock Market Direction (by Jim in O C [CA]) Oct 22, 2020 3:34 PM
Stock Market Direction (by Allym [NJ]) Oct 22, 2020 3:44 PM
Stock Market Direction (by Ray-N-Pa [PA]) Oct 22, 2020 3:49 PM
Stock Market Direction (by Zakhd [CT]) Oct 22, 2020 9:04 PM
Stock Market Direction (by Dodge [PA]) Oct 23, 2020 8:07 AM
Stock Market Direction (by Hoosier [IN]) Oct 23, 2020 8:51 AM
Stock Market Direction (by Pmh [TX]) Oct 28, 2020 5:18 PM
Stock Market Direction (by Dee Ann [WI]) Posted on: Oct 22, 2020 1:17 PM
Message:
What direction will the stock market go depending on who ends up as president? How far down will it go depending on who is elected?
--75.11.xx.xx |
Stock Market Direction (by Laura [VA]) Posted on: Oct 22, 2020 2:15 PM
Message:
We would certainly all like to know that! I’m thinking better safe than sorry, so just moved some of my equities into short term bonds until things shake out a bit. Tried to balance out gains and losses for tax reasons. I am thinking there is going to be a slide, but how low could it go? Not a clue. I also sold a rental property in a sketchy neighborhood. Battening down the hatches. --67.172.xxx.xxx |
Stock Market Direction (by Landlord ofthe Flies [TX]) Posted on: Oct 22, 2020 3:13 PM
Message:
One thing for sure, if B wins, taxes will go up, including capital gains taxes. So, if he wins, sell any rentals or stocks that have a high taxable rate now, before the end of the year. Also I'd be weary of energy stocks unless it was a multinational like Exxon.
If T wins, hold onto everything. --108.69.xxx.xxx |
Stock Market Direction (by Jerry [MA]) Posted on: Oct 22, 2020 3:16 PM
Message:
Up, and then down, and then some combination of the two. --71.233.xxx.xx |
Stock Market Direction (by Jim in O C [CA]) Posted on: Oct 22, 2020 3:34 PM
Message:
If B is elected , on 11-4 I’m getting out. I will take my gain rather than lose principal. --99.23.xxx.x |
Stock Market Direction (by Allym [NJ]) Posted on: Oct 22, 2020 3:44 PM
Message:
I think B will pretty much tank it with the first tax increase. It's different now with a million guys sitting at home playing stock broker and they are doing well. i saw where one guy made a million dollars! They take out money on Christmas and vacation and make the market go down and scare people but they buy right away on Monday. I think they are preventing manipulation by the left or foreign countries.
Little things do scare them a bit. B, if he is allowed to remain by NP from the House is different. He is not a builder. He is a taxer and people will see their income eroding and might start putting money in stocks and bonds.
Then we don't know how soon they will stop fracking and other energy projects because some city people think there is global warming which there is in the city. We also don't know which foreign country is supporting them. Obviously China has it's hooks into B. Now we find out Iran wants him too. Of course. He's weak and likes money. I think T is going to take this race but we might not know until Christmas. So the market will be up and down until then. --71.104.xx.xxx |
Stock Market Direction (by Ray-N-Pa [PA]) Posted on: Oct 22, 2020 3:49 PM
Message:
I can't speak for the entire market place but specific sectors will excel depending who is elected. Oil and gas will not fair to well if B is elected but I would think consumer-ables will do alright. I would expect green power to do alright.
In industries that are more regulated, they will not do so well.
If T is elected, energy will do better, I am not so sure about the shift to electric cars though - so I am not sure about buying any gas stations --24.101.xxx.xx |
Stock Market Direction (by Zakhd [CT]) Posted on: Oct 22, 2020 9:04 PM
Message:
Oil and gas is not doing well now! Exxon just stopped 401k contributions. Mother Earth cannot afford coal, oil and gas to do well. It doesn't matter who is elected as our economy is propped up on bailout money and the market is going down after the first of the year. Whether you contribute that to a new president or not is up to you. Moved my $$ to cash despite the election. --32.211.xxx.xxx |
Stock Market Direction (by Dodge [PA]) Posted on: Oct 23, 2020 8:07 AM
Message:
Historically government spending on domestic infrastructure projects expands the economy and stock market. Most federally funded projects have buy America clauses for materials and also employ lots of blue collar workers who spend their earnings domestically.
All that to say, I don't think it necessarily matters who wins on 11/3. The answer to your question all depends on the spending programs congress passes and funds. --174.198.xxx.xxx |
Stock Market Direction (by Hoosier [IN]) Posted on: Oct 23, 2020 8:51 AM
Message:
I never claim to be able to predict the market in the short term. All I know is that historically there has been a lot of volatility around the election time...so I have already moved most of my money out of equities, and will stay out until a few weeks after the election.
But...there is an exception....
Let's say the market drops a significant amount (more than 5%) on one of the days right around the election. I would then "buy in" for a modest amount...basically buying "on sale". If it goes down another large amount, I would buy more!
I can do this without trading fees or tax implications because it's done within my IRA using no-load ETFs in index funds.
--99.92.xxx.xxx |
Stock Market Direction (by Pmh [TX]) Posted on: Oct 28, 2020 5:18 PM
Message:
I went to 50% cash last week. it will either be a dem. landslide or nose to nose & then a few weeks for final tally. either way the Dow will crash. right now looking like going to be a landslide.... --107.77.xxx.xxx |
Reply:
|
|