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Stock Market Under Trump
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(03-25-2020, 03:34 PM)Senor Fantastico Wrote:(03-25-2020, 02:33 PM)HURRICANE!!! Wrote: yesterday prior to market close I xferred 20% of my funds from money market (cash) to large cap (S&P500). Wondering if I should take the plunge back into with another 40% or so. I'm at 70% bonds/mmarket right now. I could be wrong, but the job report probably won't be that bad tomorrow because I do believe that much of the data is based on last month. I'm thinking next month's report is going to look really bad. EDIT I was wrong. The latest news is that the job report isn't going to be pretty. Combine that with a tweet sent out by Bernie Sanders threatening to hold up the stimulus package passed by the Senate and four republican senators having issues with the relief package expect a down day tomorrow. It may be my opportunity to make another "step in". Markets lost an awful lot in the last 10 minutes of trading despite the DOW still ending positive. There are 10 kinds of people in this world. Those who understand binary and those who don't. |
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