Gotta love ZERO RISK in the SP500 = $$$

Markets immediately jumping off the lows set at open. Like clockwork. They don't want to see a close below last weeks huge selloff or else they know more down side is coming.
 
Pricechange said:
aint no stimulus bill coming til after the election. So selling seems good to go
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Still over a month away. Anything is possible. And lets say the markets take a substantial 20%-30%+ drop because of no stimulus bill.......well by that point they will not only pass a greater stimulus bill, but will make sure its the biggest in history worth over $3 trillion. Markets will drop without a stimulus bill especially if job unemployment numbers start to tick higher and another round of virus starts to flare up again. By that point the fed will knock rates to negative and start even more rounds of trillions, this will cause another 30%+ rally to new highs by early 2021.

What I'm saying is that a stimulus bill is coming no matter how long it takes.
 
I can bet another 7-8% drop and that stimulus bill will magically appear in no time. Ifffff the markets were still trading well below March lows you would have seen multiple trillion dollar stimulus packages as well as continous monthly and or quarterly stimulus payments to each and every individual here in the US.
 
10728 nasdaq low from last week. Could be nasty if we close below that..who knows maybe a close below 10,000 next week.

Congress better get that stimulus package going. That will give the market a mini boost
 
S2007S said:
10728 nasdaq low from last week. Could be nasty if we close below that..who knows maybe a close below 10,000 next week.

Congress better get that stimulus package going. That will give the market a mini boost
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The House takes their break on Oct 2nd. Senate's last day is Oct 8th. After that, no more Congress until after the election.

Chances of a stimulus bill passing now that actually helps people before the election is what, like 2%?
 
Overnight said:
The House takes their break on Oct 2nd. Senate's last day is Oct 8th. After that, no more Congress until after the election.

Chances of a stimulus bill passing now that actually helps people before the election is what, like 2%?
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I'm sure they have a few magic tricks to get that stimulus bill pushed through even if they have to come back to do it.

October 8th can be a fun day indeed but will see what they do between now and then. When they do pass it markets will rally 5% in a week !!!
 
My concerns are:

  1. We're all going to see massive tax hikes next year - fed stimulus this year has to be paid for
  2. If Pelosi/Biden/Harris get in charge it'll be even worse
  3. Financial Transaction tax may kill daytrading
 
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