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Markets tank as U.S. election results shock

OK - I used to think I was smart but I am not. I told my GF a week ago Trump would win. That meant get out of the market and the dollar. Invest in energy (because Trump will devalue the dollar) and gold (because scary times mean commodity investment) .

Markets are falling, gold crested $1,300 an 0z and we are going to open pipelines and drill, baby drill. Soft dollar means oil just got really cheap to burn.

I should have listed to my gut. Hope I can move fast enough tomorrow.
 
Hmm, I thought Hillary was the one who was going to take on Wall Street and the big corporations.

Interesting.
 
OK bitches, here it is. Do not buy dollars. Buy Yuan, Euros, Sterling and Rubles.

If you are super smart invest in individual energy stocks. If you are smarter, invest in energy funds. If you only think you are smart invest in individual energy stocks.

The Dow is going into the dumper. At least a 2K point drop by Christmas. GTFO now.
 
BoyNextDoor said:
OK - I used to think I was smart but I am not. I told my GF a week ago Trump would win. That meant get out of the market and the dollar. Invest in energy (because Trump will devalue the dollar) and gold (because scary times mean commodity investment) .

Markets are falling, gold crested $1,300 an 0z and we are going to open pipelines and drill, baby drill. Soft dollar means oil just got really cheap to burn.

I should have listed to my gut. Hope I can move fast enough tomorrow.
Click to expand...

You can not. Do not trade tomorrow unless you're buying.
 
BoyNextDoor said:

Global markets tank as U.S. election results shock


Dow off close to 700 pts
TIME (EST) FUTURE DATE LAST NET CHANGE OPEN HIGH LOW 2 DAY DM1:IND
10:56 PM Dec 2016 17,606.00 -679.00 18,304.00 18,394.00 17,521.00

LIVE: Markets are tanking, Dow futures down


DOW FUTURES BRIEFLY PLUMMET 750 POINTS ON ELECTION JITTERS

FOX News: U.S. Stock Futures Touch 700 Point Drop as Trump Takes Ohio, Florida
Click to expand...

As opposed to the inevitable shock from Clinton v1.0 obliterating post-Great Recession era banking laws? Not regulations, laws of the land. Thank gawd he didn't dismantle FICA as Hillarity proposed.
 
Killswitch1 said:
You can not. Do not trade tomorrow unless you're buying.
Click to expand...

Nope. GTFO ASAP

This guy is all about energy, international trade and tax relief. That is the death of our domestic capital valuation. Which is fine, but not if you work for a living. He is going to devalue the dollar against the Chinese Yuan. That means energy costs drop globally. So the American energy revolution booms because it is petrochemical based and petrochemicals trade on the US Dollar.

Not to mention that he cannot do ANY of the shit he said he would. I am looking forward to the thread on his "100 Days" speech so all you dopes can see that nothing he said, even though it was what you wanted to hear, is reasonable or doable or even somewhat within the realm of manageable public policy. That is also going to have a huge impact on the market. I am thinking that we are looking at a 15K bottom.

PS - The Russians are coming.
 
Porkwarrior said:
As opposed to the inevitable shock from Clinton v1.0 obliterating post-Great Recession era banking laws? Not regulations, laws of the land. Thank gawd he didn't dismantle FICA as Hillarity proposed.
Click to expand...

Nothing you post at me seems very interesting. At best, you are flinging around a strange collection of words you once heard like it should be a puzzle for me to solve.

Do you have an interest in how the US Markets react to the election? How will you be reacting to the election?
 
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