Ghost of Igloi wrote:
What I find interesting is how nasty some posters become when you suggest that the market is fundamentally overvalued. To argue against the Bullish view becomes an attack on religion. The Cult of Equity.
Igy
Is honestly haven't witnessed any of that here. Can you provide some concrete examples? Thanks!
Odors of a troll.....
I expected as much. Another lie.
Odors of an insane troll....
Reported and recorded.
Can you afford an attorney?
I am an attorney. It shouldn't be too hard to defend my statement.
Hiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii
I guess we're going to find out.
For the record, I said I was not a racist anti-Semite. You seem to want to challenge that statement. Go ahead and offer your evidence. I won't hold my breath.
I have been collecting all your slanderous and cyberstalking posts. It is gets larger every time you continue your attacks.
No evidence. No surprise. You are sick.
Ghost of Igloi wrote:
Earnie,
Is that so? Wrong, they both come from the actual accounting done by the Dow Jones. You are just too lazy to look for the other number.
Igy
Too lazy? Oh, the irony!
An air of caution hung over U.S. stock markets early Tuesday, as American voters headed to the polls in a presidential election that analysts say is still too close to call.
Trading on global equities markets was moribund as investors waited for the outcome of the presidential race. In the U.S., futures for the Dow Jones Industrial Average slipped 1 point to 18,190, while those for the S&P 500 index were down 0.35 point at 2,128.75. Futures for the Nasdaq-100 index lost 4 points to 4,771.75.
On Monday, all three benchmarks scored their best day since March, as stocks staged a relief rally globally. The rally came after the Federal Bureau of Investigation said its fresh review of Democratic nominee Hillary Clinton's emails wouldn't lead to charges. The S&P 500 jumped 2.2%, while the Dow average reclaimed the key 18,000 level with a 2.1% jump.
On Tuesday, however, traders were a bit more cautious as voting kicked off in the election.
"Markets and polling are looking for a Clinton win today, but the margin in the polling is not sufficient to give any sense of comfort. This is more so after the experience of the Brexit vote back in June, where the polls were suggesting a win for the 'remain' side and the vote went the other way," said Simon Smith, chief economist at FxPro, in a note.
Clinton currently has a 3 point lead over Republican rival Donald Trump, according to the RealClearPolitics average of polls. The spread widened on Monday after the FBI news. Financial markets in general view a Clinton win as the better outcome because it represents continuity and the likelihood of more stability for markets in the short term.
The dollar was little changed in Tuesday's trade, with the ICE Dollar Index off 0.2% at 97.606.
Market will run up of it seems Hillary is a lock.
It will go down if the results are unclear.
It will tank if Trump wins.
Our Wall Street masters will punish us if they cannot install their puppet HRC as president.
It's all temporary anyway. Just like the steep decline following Brexit.
So watch tv tonite -- if Trump still in the hunt or winning, get out. Miss the short lived dive and get back in after it's settled. If Hillary a lock, enjoy tomorrow's ride up. The maybe take you gains and get out.
Tis true wrote:
Market will run up of it seems Hillary is a lock.
It will go down if the results are unclear.
It will tank if Trump wins.
Our Wall Street masters will punish us if they cannot install their puppet HRC as president.
It's all temporary anyway. Just like the steep decline following Brexit.
So watch tv tonite -- if Trump still in the hunt or winning, get out. Miss the short lived dive and get back in after it's settled. If Hillary a lock, enjoy tomorrow's ride up. The maybe take you gains and get out.
Here we go again! I guess if all of this happens he will claim he's a Market genius.
Oh! And by the way, RECORDED
Interesting article highlighting the earnings miss by Hertz (HTZ). Stock is down 50% at a seven year low. Pulling down Avis (CAR) and auto makers. The key issue was valuations on fleet inventory (auto resale values).
Igy
How does one get out tonight?
Not bankers hours wrote:
How does one get out tonight?
Sell your holdings?
When the markets are closed?
Howard Marks, "Implications of the Election":
https://www.oaktreecapital.com/docs/default-source/memos/implications-of-the-election_11716.pdf