I was wondering if the Republicans take the Senate today in the
elections we would have a pretty good up day tomorrow. OR because
we have already seen a good up move the last couple of weeks maybe
tomorrow will be down because of "buy the rumor sell the news."
What do you think?
I think with a GOP win there will be a sigh of relief and we get
a rally. Also beginning of November and after the midterm elections
are usually bullish. But you make a good point, we've come a long
way fast. How about a pullback to relieve the O.B conditions and
then a good celebration rally since some results might be delayed
anyway from close races...
Title: Buy the rumor sell
Posted by mmoskau on 4th of Nov 2014 at 12:50 pm
I was wondering if the Republicans take the Senate today in the elections we would have a pretty good up day tomorrow. OR because we have already seen a good up move the last couple of weeks maybe tomorrow will be down because of "buy the rumor sell the news." What do you think?
Markets anticipate...risk could be down
Posted by a_l_ on 4th of Nov 2014 at 01:07 pm
Markets anticipate...risk could be down on missed or just-met expectations.
I think with a GOP
Posted by brophy on 4th of Nov 2014 at 12:58 pm
I think with a GOP win there will be a sigh of relief and we get a rally. Also beginning of November and after the midterm elections are usually bullish. But you make a good point, we've come a long way fast. How about a pullback to relieve the O.B conditions and then a good celebration rally since some results might be delayed anyway from close races...
all that matters is the Fed !
Posted by morton13 on 4th of Nov 2014 at 01:14 pm