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FraserJC

4,274 Posts.

691

05/10/20

09:12

Post #: 47847488
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Originally posted by Meg25: ↑

Well this is tricky! So many extra factors now in play as per Mark's share - any sort of fundamental analysis out the door for a time (not that fundamentals weren't already strongly trashed).

President Trump's doctors state he's doing okay and may be back at White House by Monday - yet also "cautiously optimistic" and "not out of the woods yet".

Another issue for POTUS is the time to recover from Covid - at 74 seems to have suffered from more than 'mild symptoms' - could be weeks/months before his usual energy is back?

Wild card - what if he decided to call it a day? It's been a hell of a four years - with the Dems and the media throwing the mother of all temper tantrums at his audacity in actually winning "their" presidency; and with Covid, both for the US and personally, the icing on the cake.

Who wouldn't just say, what the heck - and go back to a life of multi-millionaire and playing golf? Hand the hot mess to the Dems and walk away?

Good luck to longs and shorts for the following few weeks - I've got nothing.

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I think that Trump's covid episode will win him sympathy/support and help him to win the election. I expect stocks to rally this week. Futures have already gapped up.

Value at posting: 2,958.8
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