I pulled most of my money out, just left some in gold and silver miners, and some in LIT (battery ETF). Was way up for a while, now not so much but still in the green.
Call me a pessimist but I think it looks bad no matter what for stock market next week If the plan goes down and Biden doesn't step in, that is HUGE uncertainty which the market won't like plus tech companies and medical would tank. If Biden does get in.. back to lockdowns (i.e. his '100 day's mask plan) and next few months don't look good for most non-amazon businesses.
If Trump stays in, the next target is the central bank. I really do not know how this will impact the stock market as it has always been a construct of the central banking system. I am not sure anyone can accurately predict what will happen to be honest.
well fwiw, i've learned the hard way its very hard to predict markets; however, I would guess that there COULD be some massive short term volatility. Maybe in the 5-15% range but that long term things should be fine. Trump is not a communist, a true Capitalist in every sense of the word.
I pulled most of my money out, just left some in gold and silver miners, and some in LIT (battery ETF). Was way up for a while, now not so much but still in the green.
Glass and Plywood companies would have been good bets earlier this year
Call me a pessimist but I think it looks bad no matter what for stock market next week If the plan goes down and Biden doesn't step in, that is HUGE uncertainty which the market won't like plus tech companies and medical would tank. If Biden does get in.. back to lockdowns (i.e. his '100 day's mask plan) and next few months don't look good for most non-amazon businesses.
They might have to shut it down for a few days.
That's what I'm expecting. Plus there are circuit-breakers in place.
I cashed out and put it all in a VIX ETF.
Hoping it will spike. It is definitely not a long term investment.
Short-term losses, long-term growth...
Don't be impulsive.
Short twitter, Facebook and whoever is behind msm
If Trump stays in, the next target is the central bank. I really do not know how this will impact the stock market as it has always been a construct of the central banking system. I am not sure anyone can accurately predict what will happen to be honest.
up up and up
Yeah pull out. Wait for everyone to freak and then buy back in using gains
well fwiw, i've learned the hard way its very hard to predict markets; however, I would guess that there COULD be some massive short term volatility. Maybe in the 5-15% range but that long term things should be fine. Trump is not a communist, a true Capitalist in every sense of the word.
IMO, Trump is not going to let us lose it all. Think of how many normies that have 401k's, IRA's
Pulled everything out ...
Actual gold, tangible assets...potential for Wallstreet to dissappear
I dunno what will happen but I’m getting out tomorrow.