Anybody Buying Yet? Where’s the Bottom?

[Bonasababy]

True. But doing nothing on the most visible of prices is not an option.

We'll see but one of Trump's child like rants last evening was warning he would stop all aid to Israel to avoid giving democrats a policy win. And in Israel, the loss of control by Netenyahu has his opposing parties claiming he and his parties influence need to go. The way it works there his party can't maintain control but have to participate in deciding control and who/how that works. Might take a while but I could see that restoring some willingness to send funds to Israel. I do think we need to have some partnership with them, we helped create the mess and they are key to avoiding bigger problems there from spreading across the world.

 

[SAJ-99]

We'll see but one of Trump's child like rants last evening was warning he would stop all aid to Israel to avoid giving democrats a policy win. And in Israel, the loss of control by Netenyahu has his opposing parties claiming he and his parties influence need to go. The way it works there his party can't maintain control but have to participate in deciding control and who/how that works. Might take a while but I could see that restoring some willingness to send funds to Israel. I do think we need to have some partnership with them, we helped create the mess and they are key to avoiding bigger problems there from spreading across the world.

You can't investment based on whether or not funds go to Israel, and I certainly can't take Trump at his word. This election will empower Iran in negotiations. They can see how much Americans hate high oil/gas prices, which is their only point of leverage. I don't think this Admin has anyone that can negotiate their way out of a paper bag given that Trump will remain Trump and want to come out of this declaring victory.

The 15,000 North Korean troops in Ukraine might say the "spreading" ship has sailed. The World remains a powder keg with extremist groups all too willing to light the fuse.

 

[Flatrock]

Today marks the start of a historically very positive timeframe. I think it's after the last 21 midterms, the forward one year return has been on average about 15%. And all 21 of those periods have been positive. I assume Iran will be messy but won't get significantly worse and I think the year ahead should be a good one.

 

[Blue Steel]

In 8 hrs news went from “futures down big on Dem majority” to “futures up big on Dem takeover of Congress”.

Dems won governorships in most of the key datacenter states and many of the election initiatives passed. This is going to cause some volatility in tech. The “other” sectors are all up big. Probably pretty health. I would argue even the tech guys are happy they can slow spending and have someone to blame.

What’s next? Congress does its job? reversal of tariffs? Data center building moves to new areas and comes with caveats on energy production? ACA subsidies reinstated? New vote on Iran war to bring down oil prices? Should see some interesting rotation. Good luck.

Apparently a lot of voters exit polls indicating the economy is #1 concern. Apparently not everyone is a stock market millionaire (I’m getting deja vu like maybe I said this months ago)

 

[Nick87]

Apparently a lot of voters exit polls indicating the economy is #1 concern. Apparently not everyone is a stock market millionaire (I’m getting deja vu like maybe I said this months ago)

Stock market doesn't mean phugg all to the everyday american.

 

[Treeshark]

Man, went to bed and futures were down over a percent. Crazy day.