Day trading pre-market open October 7, page-110

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Baron1

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07/10/20

21:19

Post #: 47924432
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Originally posted by taughtbuffet ↑

y'know

and i dont want to make this political, just to show you what i think will happen to the markets in the short term, so take it at face value

S@p500 was sailing along nicely for the last couple of days, and last night, until Trump tweets that he's walking away for the negotiating table, so the markets spits the dummy and falls 70 points or approx 2 and a bit percent

but it's as if they have never read "The Art of the Deal"

News alert, That's what Trump does. If the other side wont negotiate, then walk away until they do

that's what he did with the Chinese trade agreement, that's what he did with NAFTA, that's what he did with..........

is the penny starting to drop?

there will be another stimulus package in the US, and it will happen prior to the election. The Dems do not want to go to the election saying we couldnt negotiate, Trump's happy to go to the election blaming them, so who wins........

the markets will grind higher, now is not the time to panic sell

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https://www.cnbc.com/2020/10/07/tru...f-talks-dangles-new-1200-stimulus-checks.html

As we were discussing this morning lol. Well he is faster than I thought (I thought a week or so as I said) except he has turned it around on the Dem's with those 1200 dollar stimulus cheques. That alone is a potential election winner hehehe. He might be losing it a bit (maybe lol) but really clever move now its the Dems fault if people don't get their money have to love it hahaha. BTW as I said I hate all politicians but this a smart move still have to admire it whether you love Trump or not!
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