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LittleDiva
LIF Adult
Member since 9/11 1284 total posts
Name:
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Market on Monday....any guesses?
Biden’s first test....how does everyone think the market will look Monday now that Biden has been “elected”?
I think down.
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Posted 11/8/20 6:17 PM  |
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Long Island Weddings
Long Island's Largest Bridal Resource |
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Re: Market on Monday....any guesses?
Probably down and that is my fear but hoping it will go up and up and up :)
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| Posted 11/8/20 7:12 PM |
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GoldenRod
10 years on LIF!
Member since 11/06 26792 total posts
Name:
Shawn
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Re: Market on Monday....any guesses?
If it goes up, it's because the Market know that Biden's economic plans will be good for the market.
If it goes down, it's because the Market is afraid that with a lame-duck trump at the helm, he'll destroy everything around him on his way out.
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| Posted 11/8/20 8:59 PM |
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KarenK122
The Journey is the Destination
Member since 5/05 4431 total posts
Name:
Karen
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Market on Monday....any guesses?
I believe it will go up. Not because of Biden or trump but because there is now a balance of power restored again with Biden as President and the Republicans in the Senate.
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| Posted 11/8/20 9:45 PM |
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Diane
Hope is Contagious....catch it
Member since 5/05 30683 total posts
Name:
D
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Re: Market on Monday....any guesses?
I dont think we will se a difference right away.
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| Posted 11/8/20 10:38 PM |
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seaside
LIF Adult
Member since 6/08 3101 total posts
Name:
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Re: Market on Monday....any guesses?
Posted by GoldenRod
If it goes up, it's because the Market know that Biden's economic plans will be good for the market.
If it goes down, it's because the Market is afraid that with a lame-duck trump at the helm, he'll destroy everything around him on his way out.
This sounds right...and frightening. At some point, when his appeals are exhausted, Trump should concede and demonstrate some graciousness and leadership. It is not yet clear what will happen.
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| Posted 11/9/20 12:15 AM |
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Re: Market on Monday....any guesses?
Posted by GoldenRod
If it goes up, it's because the Market know that Biden's economic plans will be good for the market.
If it goes down, it's because the Market is afraid that with a lame-duck trump at the helm, he'll destroy everything around him on his way out.
So basically you are saying it is all Trump’s fault again. 
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| Posted 11/9/20 12:18 AM |
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Sash
Peace
Member since 6/08 10312 total posts
Name:
fka LIW Smara
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Re: Market on Monday....any guesses?
Down, because of the shift in the balance of power. Definitely not because of Trumps reaction. Par for the course. It will go back up.
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| Posted 11/9/20 2:01 AM |
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Re: Market on Monday....any guesses?
Posted by Sash
Down, because of the shift in the balance of power. Definitely not because of Trumps reaction. Par for the course. It will go back up.
It went up the night Trump was winning in 2016.
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| Posted 11/9/20 2:05 AM |
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GoldenRod
10 years on LIF!
Member since 11/06 26792 total posts
Name:
Shawn
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Re: Market on Monday....any guesses?
Posted by valentinesbaby48
Posted by GoldenRod
If it goes up, it's because the Market know that Biden's economic plans will be good for the market.
If it goes down, it's because the Market is afraid that with a lame-duck trump at the helm, he'll destroy everything around him on his way out.
So basically you are saying it is all Trump’s fault again.
We spent 4 years hearing that everything bad was Obama's and Hillary's fault, so yeah, turnaround is fair play. It's *exactly* what we've been dealing with. See how stupid and sucky that is?....
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| Posted 11/9/20 2:17 AM |
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Re: Market on Monday....any guesses?
Posted by GoldenRod
Posted by valentinesbaby48
Posted by GoldenRod
If it goes up, it's because the Market know that Biden's economic plans will be good for the market.
If it goes down, it's because the Market is afraid that with a lame-duck trump at the helm, he'll destroy everything around him on his way out.
So basically you are saying it is all Trump’s fault again.
We spent 4 years hearing that everything bad was Obama's and Hillary's fault, so yeah, turnaround is fair play. It's *exactly* what we've been dealing with. See how stupid and sucky that is?....
Really about what that was not true?
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| Posted 11/9/20 2:27 AM |
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Mrs213
????????
Member since 2/09 18986 total posts
Name:
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Re: Market on Monday....any guesses?
Posted by GoldenRod
If it goes up, it's because the Market know that Biden's economic plans will be good for the market.
If it goes down, it's because the Market is afraid that with a lame-duck trump at the helm, he'll destroy everything around him on his way out.
He will do everything he can to line his own pockets before he is ejected and it won't be pretty. So, sounds about right...
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| Posted 11/9/20 2:29 AM |
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Mrs213
????????
Member since 2/09 18986 total posts
Name:
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Re: Market on Monday....any guesses?
Posted by GoldenRod
If it goes up, it's because the Market know that Biden's economic plans will be good for the market.
If it goes down, it's because the Market is afraid that with a lame-duck trump at the helm, he'll destroy everything around him on his way out.
He will do everything he can to line his own pockets before he is ejected and it won't be pretty. So, sounds about right...
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| Posted 11/9/20 2:29 AM |
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Mrs213
????????
Member since 2/09 18986 total posts
Name:
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Re: Market on Monday....any guesses?
Posted by GoldenRod
If it goes up, it's because the Market know that Biden's economic plans will be good for the market.
If it goes down, it's because the Market is afraid that with a lame-duck trump at the helm, he'll destroy everything around him on his way out.
He will do everything he can to line his own pockets before he is ejected and it won't be pretty. So, sounds about right...
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| Posted 11/9/20 2:29 AM |
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Mrs213
????????
Member since 2/09 18986 total posts
Name:
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Re: Market on Monday....any guesses?
Posted by GoldenRod
If it goes up, it's because the Market know that Biden's economic plans will be good for the market.
If it goes down, it's because the Market is afraid that with a lame-duck trump at the helm, he'll destroy everything around him on his way out.
He will do everything he can to line his own pockets before he is ejected and it won't be pretty. So, sounds about right...
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| Posted 11/9/20 2:29 AM |
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Mrs213
????????
Member since 2/09 18986 total posts
Name:
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Re: Market on Monday....any guesses?
Posted by GoldenRod
If it goes up, it's because the Market know that Biden's economic plans will be good for the market.
If it goes down, it's because the Market is afraid that with a lame-duck trump at the helm, he'll destroy everything around him on his way out.
He will do everything he can to line his own pockets before he is ejected and it won't be pretty. So, sounds about right...
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| Posted 11/9/20 2:29 AM |
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Mrs213
????????
Member since 2/09 18986 total posts
Name:
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Re: Market on Monday....any guesses?
Posted by GoldenRod
If it goes up, it's because the Market know that Biden's economic plans will be good for the market.
If it goes down, it's because the Market is afraid that with a lame-duck trump at the helm, he'll destroy everything around him on his way out.
He will do everything he can to line his own pockets before he is ejected and it won't be pretty. So, sounds about right...
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| Posted 11/9/20 2:29 AM |
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Sash
Peace
Member since 6/08 10312 total posts
Name:
fka LIW Smara
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Re: Market on Monday....any guesses?
Posted by valentinesbaby48
Posted by Sash
Down, because of the shift in the balance of power. Definitely not because of Trumps reaction. Par for the course. It will go back up.
It went up the night Trump was winning in 2016.
I’m just talking what will happen this time around. Not that it never goes up with a change in the president. I think it will go down.
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| Posted 11/9/20 2:54 AM |
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Re: Market on Monday....any guesses?
Posted by Mrs213
Posted by GoldenRod
If it goes up, it's because the Market know that Biden's economic plans will be good for the market.
If it goes down, it's because the Market is afraid that with a lame-duck trump at the helm, he'll destroy everything around him on his way out.
He will do everything he can to line his own pockets before he is ejected and it won't be pretty. So, sounds about right...
6 times? 
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| Posted 11/9/20 3:28 AM |
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Mushesgirl
Too blessed to be stressed
Member since 4/09 6691 total posts
Name:
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Re: Market on Monday....any guesses?
i think down
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| Posted 11/9/20 8:56 AM |
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Jenhos
Maeve
Member since 6/05 3273 total posts
Name:
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Re: Market on Monday....any guesses?
Up or down Monday will be just the beginning (my guess would be down) Review your investments, your 401ks and if you don’t have liquid savings start creating it. Every President has brought the need to shift things for me financially. I base it on the polices they are planning. Read them, understand them and if you don’t find someone who can explain it. Just because you don’t make as much as the cutoff for these taxes doesn’t mean you won’t feel the impact. The hated Wall Street isn’t going to like Biden’s tax plan which will cause investors to pull out and invest safer. Corporations will need to raise prices to offset the proposed tax plans which will increase prices for everyone. While many don’t think the market is an indicator of the economy, wait and see what happens if it tanks.
This is not a fear monger post. It is a get informed and be prepared post (that will be different for everyone) No different than I thought and did when Trump took office.
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| Posted 11/9/20 10:58 AM |
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GoldenRod
10 years on LIF!
Member since 11/06 26792 total posts
Name:
Shawn
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Re: Market on Monday....any guesses?
Goldman Sach's is happy about a Biden presidency and budget plan...
https://fortune.com/2020/10/05/biden-win-2020-us-economy-goldman-sachs-predictions-blue-wave-democrats/
https://markets.businessinsider.com/news/stocks/stock-market-outlook-biden-blue-wave-boost-growth-goldman-sachs-2020-10-1029649255
A blue wave this November led by Democratic presidential nominee Joe Biden would lead to a surge in economic growth, according to Goldman Sachs.
Goldman said in a note on Monday that Democratic control of the presidency and Congress would raise the probability of a fiscal stimulus package worth at least $2 trillion.
Longer-term spending measures proposed by Biden targeting infrastructure, climate, healthcare, and education would also help boost economic growth prospects, Goldman said.
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| Posted 11/9/20 6:18 PM |
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Re: Market on Monday....any guesses?
Your first link does not work
Your second link is from early October with an indication there would be a blue wave.
Also don't hold your breath about another stimulus package. I can't see Pelosi doing that now. I hope I am wrong as that could help so many Americans.
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| Posted 11/9/20 6:38 PM |
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RainyDay
LIF Adult
Member since 6/15 3990 total posts
Name:
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Re: Market on Monday....any guesses?
Posted by Jenhos
Up or down Monday will be just the beginning (my guess would be down) Review your investments, your 401ks and if you don’t have liquid savings start creating it. Every President has brought the need to shift things for me financially. I base it on the polices they are planning. Read them, understand them and if you don’t find someone who can explain it. Just because you don’t make as much as the cutoff for these taxes doesn’t mean you won’t feel the impact. The hated Wall Street isn’t going to like Biden’s tax plan which will cause investors to pull out and invest safer. Corporations will need to raise prices to offset the proposed tax plans which will increase prices for everyone. While many don’t think the market is an indicator of the economy, wait and see what happens if it tanks.
This is not a fear monger post. It is a get informed and be prepared post (that will be different for everyone) No different than I thought and did when Trump took office.
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| Posted 11/9/20 7:36 PM |
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BFNY516
LIF Adult
Member since 7/20 1189 total posts
Name:
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Market on Monday....any guesses?
one term President trump just tweeted the stock market was up.
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| Posted 11/9/20 8:13 PM |
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