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Post by Herceg on Nov 9, 2016 11:53:24 GMT -5
The mkt. is finally realizing that Trump will be good for the economy.............will take some time to drain the swamp and then we can start to grow our great country again.......
JMO and BOL...........
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Post by huh on Nov 9, 2016 11:55:55 GMT -5
The mkt. is finally realizing that Trump will be good for the economy.............will take some time to drain the swamp and then we can start to grow our great country again....... JMO and BOL........... 32 (80%) of the 40 largest companies in the technology sector are still red. This is a final blow-off top before a bear market begins IMO. MM's unloading the sky-high PE names while banks rally, then when they're done, they'll start unloading the banks.
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Post by Herceg on Nov 9, 2016 12:03:25 GMT -5
The mkt. is finally realizing that Trump will be good for the economy.............will take some time to drain the swamp and then we can start to grow our great country again....... JMO and BOL........... 32 (80%) of the 40 largest companies in the technology sector are still red. This is a final blow-off top before a bear market begins IMO. MM's unloading the sky-high PE names while banks rally, then when they're done, they'll start unloading the banks. That is why I said drain the swamp............it will take time and then we could rebuild..............Trump will be blamed, but QE, smoke and mirrors is what did it................bottom line corruption.............house of cards if you will...........
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Post by huh on Nov 9, 2016 12:10:33 GMT -5
"Drain the swamp". I like that, and I did miss it. I agree. Basically a reset for all this liquidity. If the stock market falls hard, it's not necessarily a reflection of the economy. Simply the large companies getting a good deal with all their record buybacks (which is good for their profits and balance sheets, therefore good for the economy)
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Post by jacksrbtr on Nov 9, 2016 13:42:45 GMT -5
plunge protection team at work Now there's a term (PPT) I haven't heard in years!!! Just like ol times! lolol!
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Post by clinton on Nov 9, 2016 13:42:55 GMT -5
wow PPP crashed hard
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Post by clinton on Nov 9, 2016 13:45:13 GMT -5
The mkt. is finally realizing that Trump will be good for the economy.............will take some time to drain the swamp and then we can start to grow our great country again....... JMO and BOL........... Trump isnt even good for his own companies. sorry bear market will start when he tAlks trade war with china. he such a liar though he probably wont follow through on anything he proposed.
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Post by clinton on Nov 9, 2016 13:50:54 GMT -5
the asia supply lines took decades to build. If trump throws a wrench in there I only see downside risk. manufacturing cant be moved back to US for years
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Post by clinton on Nov 9, 2016 13:51:39 GMT -5
as if AAPL can pick up and move factories.
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Post by clinton on Nov 9, 2016 13:54:15 GMT -5
funny thing is Trump and his team were probably all caught short today! ha ha ha
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Post by clinton on Nov 9, 2016 14:37:55 GMT -5
SOLD KR +5% also sold 25% of my GORO on that open and bought it back on the pull back avg cost now 5.53
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Post by birthmark on Nov 9, 2016 15:34:03 GMT -5
Sold all my CELG at 120. Got it 96
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Post by walnut on Nov 9, 2016 16:47:55 GMT -5
Nice little run up, I'm happy, but I am also out now... if Trump does what he has been alluding to, the market is too high for the time being. Let's see if this is a blow off top or not.
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Post by jacksrbtr on Nov 9, 2016 16:55:38 GMT -5
Here's something our ol friend Cashfilly put on her page last nite when the Dow was down 700-800 pts fyi:
Election Results and how they Could effect World Markets and your Wallet
For anyone in Fear of Market Reaction:
"Remember Brexit? This will be a MUCH grander scale as we are the World's number one economic power! Markets despise the unknown... hard work...USA... patriotism wins the day. The effects of America First alone has worldwide ramifications. Game changer is the greatest Understatement! This is a knee jerk reaction... over the first six months in office if results hold true, the markets WILL regain and make higher highs! Very predictable...lower corporate taxes means companies invest again. The drive for organic corporate growth will once again lead the world by example. Investing in infrastructure and the military alone will add job growth=disposable income will have a chance to lift domestic small business, retailers, and us services (restaurants, theaters, recreational activities, and self care will be revived!
This is limitless! The relief from insurance expense alone will give our entire population freedom to do what they should have been doing all along: create a better world for our children. Corporate money will come flowing back into the economy. Major corporations will end the massive exodus from the American tax penalties and USA will once again be a place were companies will not only come back to but relocate from other countries.
Close your eyes for the next few weeks as the Clinton machine will Not take this graciously. Hopefully you felt the movement building and moved to cash on the sidelines. There will be amazing opportunities coming. Watch for the signs. Be patient and work closely with your advisors or to those brave souls... study your "arse" off and make that grocery list now! This is one of those rare moments where a great deal of money can be made! Be Safe, be educated, be well-advised, and most of all be tough... always remember when the crowds run in fear it's time to get aggressive! Look up Warren Buffet's Investment Strategies! Go USA!!!!
*** Cashfilly Analysis **** Additional notes prior to the election posted right here via Michelle Geluso-Groomes ( The Original Cashfilly Market Trader/Analyst
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Post by clinton on Nov 9, 2016 17:24:03 GMT -5
"relief from insurance expense"
thats a good one
insurance companies dont lower prices, it will never happen
CEOs will tell you its their job to increase profits not heal people.
might as well wish for doctors to give 50% off coupons
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Post by clinton on Nov 9, 2016 17:28:53 GMT -5
people without insurance will just go back to using the ER
and the hospitals will pass in on to people that DO have insurance
just like before.
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Post by walnut on Nov 9, 2016 17:34:50 GMT -5
Affordable Care Act was never real as far as I could tell. Was not available in any form to me or my family. They had a childish website that looked like some teenagers cooked it up one Friday night, beyond that I never saw anything.
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Post by clinton on Nov 9, 2016 17:45:27 GMT -5
Affordable Care Act was never real as far as I could tell. Was not available in any form to me or my family. They had a childish website that looked like some teenagers cooked it up one Friday night, beyond that I never saw anything. was a give away for the insurance companies and yes their website sucks
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Post by huh on Nov 9, 2016 17:46:51 GMT -5
JMO, but I don't think the Affordable Care Act is going anywhere. Although it's been dubbed "Obamacare", I believe it was completely a non-partisan, unified plan (look at the individuals & their party associations that voted it in) to bring nationalized health care to the only developed nation in the world without it. And the positive economic effects have been big.
Health Insurance companies revenues and profits are up huge since.
The health care industry's revenues and profits are up huge since.
Employment in the health care industry is up huge since, perhaps the highest employment growth among any of the sectors out there.
So who suffers? The insured, of course. With higher premiums, deductibles, etc. But as I've said so many times before, the Democratic and Republican parties are simply a means to redirect anger away from the government as a whole. And that worked in spades, and is still working.
Not happy with the health care bill? Well, blame Obama, the Democrats, or those who voted them in.
Not happy with financial scams that led to the greatest market crash of our lifetimes? Well blame Bush, the Republicans or those who voted them in.
Notice who doesn't take blame here? The unfortunate thing though is that all of these are necessary evils to keep our standard of living. For example, if the health care thing hadn't have happened then employment would have kept falling. Remember what was happening? All of the friends and family I know, with the exception of one, who lost their jobs then in other fields are now working in the health care industry.
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Post by walnut on Nov 9, 2016 17:58:54 GMT -5
Our insurance certainly went up an unusual amount. And I have a pre-existing condition which makes insurance a big problem for me. So from our point of view as a consumer, it has been a big F' ing joke.
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