Short going into the close

[murray t turtle]

Well, I just turned off the mudpit that was the debates, and Trump is handily winning. (Couldn't stomach anymore of Wallace's stupid).

The bulls are happy once again.

%%
Heard it on the radio. Also funny= Senator Biden calling people clowns/LOL. Tech ETFs still strong, took some profits on FTEC; DIS mostly downtrending +sell volume looking good/close. NOT a prediction + not long DIS...…………………………………………………………………………..

 

[murray t turtle]

Markets up nearly 2 % on just talks of stimulus

So imagine the day they pass it, an ea$$$$$$y 5%+++++ jump in a week!!!


Treasury Secretary Steven Mnuchin struck an optimistic tone about reaching a coronavirus aid deal on Wednesday after the stalemate in Washington dragged on for weeks.

“I say we’re going to give it one more serious try to get this done and I think we’re hopeful that we can get something done,” Mnuchin said at the Delivering Alpha conference presented by CNBC and Institutional Investor. “I think there is a reasonable compromise here.”

%%
LOL markets went up nicely when they shut the US gov down also.
Markets/ tech trends tend to be strong in 1st quarter /last quarter.
Not really related to any goofy gov gifts or elections.
Really, how many charts start on election day?? Get real.
Imagine if they dont pass it + markets go up + DIS,DAL goes down.
Not a prediction/not long DIS,DAL......................................................................

 

[S2007S]

Its truly amazing how many handouts this market needs to keep it forever propped up.

As soon as talks fade the markets fall. But we alll know its a given fact the trillions in stimulus are guaranteed to come soon.

Dow turns negative, falls 100 points as stimulus hopes fade
PUBLISHED WED, SEP 30 20206:02 PM EDTUPDATED 1 MIN AGO
Yun Li


https://www.cnbc.com/2020/09/30/stock-market-futures-open-to-close-news.html

 

[derektrader]

After the stimulus is announced, the market will fall because there will be nothing to look forward to. Earnings will not be good enough to make new highs.

 

[Overnight]

But we alll know its a given fact the trillions in stimulus are guaranteed to come soon...

Lies!

 

[S2007S]

Lies!

Lies? Nah its coming and you will receive $1200 and the unemployed will receive an extra $600 a week and businesses will get more loans and everything will be just fine and dandy. I repeat a 5% rally once it takes place.

 

[Overnight]

Lies? Nah its coming and you will receive $1200 and the unemployed will receive an extra $600 a week and businesses will get more loans and everything will be just fine and dandy. I repeat a 5% rally once it takes place.

All lies!

(P.S.) When I type "lies", or "all lies", this is how I picture it sounding in my head, from the court bailiff in "A Few Good Men", heard here in the very beginning of the clip, and then about 1:29 into it. Just for your context, hehe!

And I agree, it will take place, but not so sure about the when, and the percentage gain...That all depends on who is in office when it happens.