Re: rangerray's Account Talk
I don't 100% stand by this move because there's a potential of truly regretting "buying high," but the overall feel right now is that the market is bullish. I was concerned with the recent news that stimulus talks were off the table, but I'm realizing this could be "the art of the deal" being played out, so I'm not so worried about that. So, what I'm betting on is a little post-debate bounce tomorrow, as I think that what comes out of tonight's vice-presidential debate could have a positive influence on the market.
I'll be 70% S, 30% G as of COB today.
As a side note, I think it's disheartening to know that every little issue/tweet/breaking news headline can move our markets around like they do, but that's the environment we're in right now.
Re: rangerray's Account Talk
Congrats on #300. Only 700 more for a thousand.
Re: rangerray's Account Talk
Feeling good today for no particular reason. Adding maximum exposure and hoping for the rest of October to be strong. With another strong leg up, I may move back to safer levels, but for right now, going 70% S and 30% C.
Re: rangerray's Account Talk
I'm feeling good, but I think that's only because of my vitamin regimen, and staying better hydrated.
Re: rangerray's Account Talk
Lance Roberts of Real Investment Advice says this:
"With the potential for a delayed or contested election, weaker economic data, no stimulus, and already elevated asset prices and valuations, the risk of a correction has certainly risen."
"All that is needed is an unexpected, exogenous event, which sends traders scrambling for the exits."
I'm not holding my breath, but I'm standing with 30% C and 70% S here on Monday morning holding out that there might be some stimulus on the way BEFORE the election. I realize that both parties would try and take credit for it, but as it stands, either can take credit for the lack of stimulus. I think that either party would stand a better chance of getting traction with what the market sees as positive news, rather than negative, so I'm betting on stimulus.
As before, in the absence of stimulus, I'll still be looking for the next little bump up as a good place to reduce some exposure and likely sit out through the election period.
Re: rangerray's Account Talk
Also, if that Burisma debacle grows a pair of wings amongst the media outlets that thus far want to write it off as a simple campaign smear and takes flight, could it be the unexpected, exogenous event?
Re: rangerray's Account Talk
I figure that folks are buying in here at the last minute today in order to be positioned well in case the stimulus comes about over the weekend.
Re: rangerray's Account Talk
Re: rangerray's Account Talk
That's what I call Talent! Loved her.
Re: rangerray's Account Talk
I thought a couple of days ago, even yesterday, that the presidential race is energizing the market, but it occurs to me this morning that the senate race might be the source. Anyone have any thoughts? With senate republicans holding on to power, do you think that has allowed for what the market might see as stability? Because, IMHO, the presidential result is much less consequential now for the U.S.
Anyway, if I could determine that's the case, I'd likely stay invested a few more days. Otherwise, it might be a good day to play it a little more safe.
Re: rangerray's Account Talk
I have heard that the market likes gridlock. If we end up with the House in Dem control and the Senate in Repub control, I don't think it matters who is President. We will have stability and the market will like that...
Re: rangerray's Account Talk
Quote:
Originally Posted by
ravensfan
I have heard that the market likes gridlock. If we end up with the House in Dem control and the Senate in Repub control, I don't think it matters who is President. We will have stability and the market will like that...
“They” will never allow that this “election”....dems will clean sweep it and its lookin more and more like that with all of these last minute show-ups/counts.