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/biz/ - Business & Finance

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23722792 No.23722792 [Reply] [Original]

How the FUCK are stocks pumping right now?

>> No.23722859

>>23722792
People are selling before stocks inevitably crash.

>> No.23722897

tech has a boner for biden because they own his ass
trump will go antitrust on their asses

>> No.23722912

Because the election literally doesn't matter

Jay Powell is our president

>> No.23722917

dumps on uncertainty, pumps on certainty, doesn't matter who is in charge.

>> No.23722923

>>23722897
the tech pump started last night though when the odds massively swung to trump's favor
for some reason it remained unchanged (still high) after massively swinging back to biden

>> No.23722924

makes no sense
fucking clowns

>> No.23723040
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23723040

>>23722792

Wallstreet sees no issues and pricing it in.

If Biden wins the senate is held by Replicans so taxes will not pass. meaning democrats will get nothing done.

If Trump wins he has an republic Senate and stimulus will get passed.

It is all green for the next 2 years for Stocks and Crypto.

>> No.23723177

>>23722792
massive short squeeze before the dump

>> No.23723269

>>23722923
they were trying to say its because r senate -> low cap gains tax and shitty stimulus -> megacap growth wins and small caps get owned

>> No.23723327

>>23723177
>>23722924

Agreed

>> No.23723551

>>23722792
Wall street loves a divided government, look at historical trends. This is the ideal setup.