Stock Market after Mid Terms

where did you hear that? Current odds

 

That was him beating his chest before the election.

 

I have 120 call options for CCL (up 11% right now today) for January at 7.50 strike. Debating on how greedy to get on these guys. Up 190%.

I also have 30 for January with a $10 strike that I am down 45% on.

I will probably pull the trigger and take the money and regroup.

 

Yes. I'm not looking up the numbers, but there's often "gridlock" (split Legislative and Executive branches) after mid-terms. Why is this the first market rally since 1950 then? (hint: I already told you)

 

Ah. Apologies. I read your post that the stock market hasn't rallied after a mid-term since 1950. Reading is hard.

I stick to CPI numbers are still what's causing the large daily spike today, though.

 

But you are correct. Today's rally is entirely about the CPI numbers. S&P was down 2% yesterday, the day after the election.

 

Keeping in mind that it was Fox News. I would add that Fox Business and Fox News are essentially two sides of the same coin unlike CNBC and MSNBC with the former leaning very slightly to the right and the latter rather far to the left.

 

Ah no. Fox business in a GOP mouthpiece. Total joke no one looks to them for insightful analysis

 

Up 5.5%, nice pop in mkt today.

 

yeah they are a joke. Maria Bartiromo “Mornings with Maria” is blatantly maga.

 

I used to watch it occasionally. Much less frequently over the last couple of years when its focus shifted from business and finance to politics. Using Maria Bartiroma as an example, she was an excellent financial journalist when she was on the old Financial New Network. Since she's been with Fox she has become much more political.