I mean nothing compares to what the cubs. Still, the action could have been worse. Nasdaq falling 4. 2 . The ladder seems baked in the cake. After todays employment rate showing good jobs. Remember the market can handle rate hike. Provided that enough company is doing well enough. The bulls also cheered. So how about next week . Lets face it. We have won of those moments where the whole world could change on tuesday, or will it . It is friday. I think because the markets have been down for so long, it looks out to me. Wall street had a chance to panic of trumps presidency. Of hillary being defeated is i do think a clintons win would cause a severe spike up. Trump will likely refuse to concede on the grounds of prisoner. We rebound, hillary is not suing. Dont get me wrong. I am not saying that hillarys presidency is better for the economy. Trump is a predictable kind of guy. Who ever wins will come up with the strategy on mad money to help you make money. We need to know the parameters
Which continued today, even as the dow gained 40 points, s p declined 0. 14 and nasdaq advanced 0. 54 . Nice little recovery for the nasdaq. Looking ugly there. We spent all week talking about the markets reaction to trumps election. How it went from being shocked and dazed and confused and scared to suddenly bullish in the blink of an eye, with investors reaching for stocks that benefit from aggressive Economic Growth while they dumped the nogrowth gridlocked names. The sea change was radical radically different. Clinton stood for more regulation, higher taxes, and if she won, shed have a Republican House of representatives, which would have meant for gridlock. Thats what the stock market had been banking into going into the election since the polls showed clinton way ahead. Trumps a real estate developer, though. He develops real estate. What does he stand for . Lower taxes, fewer regulations, borrowing money to build infrastructure. When trump won, we had to throw away many of the s