User Panel
Posted: 11/7/2022 8:11:14 PM EDT
Now that the crystal ball is a little clearer, what happens to the market beginning Wed.?
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We are going to have at least another year of this shit, we haven't even "officially" started the recession. In my non-expert opinion, we are looking at a solid two years of this crap and it may potentially get worse. But, I'm a "this tastes like piss" kind of person when it comes to the glass being half full or half empty.
If the GOP takes Congress and nothing is getting done, the market SHOULD stabilize once the Fed stops raising rates, the market typically goes up after the midterms. I'm sure Biden and his hacks will start a war or something. |
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It'll bounce up and down like Kamala Harris on Willie Brown's knob
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Quoted: We are going to have at least another year of this shit, we haven't even "officially" started the recession. In my non-expert opinion, we are looking at a solid two years of this crap and it may potentially get worse. But, I'm a "this tastes like piss" kind of person when it comes to the glass being half full or half empty. View Quote No worries there will be some BS reason it goes up, if not certainty from .gov, it'll future growth, if it's not those two itll be something else. Permabulls always have an excuse of why the market is going up even if it makes 0 sense. And if .fed is still wling to pump tons of money into it they might be right. But it can't go down too much else they stop trading, that's how you know it's legit |
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Quoted: Depends who wins. View Quote Not sure that matters. The market doesn't like uncertainty. Having the result is a good thing. A lot of people thought the market would go down in 2020 after dems won and instead it went up. GOP will win at least the house though. I think the market will probably go up. I don't have confidence enough to go all in though, but I am thinking about it. I think the odds are higher then not it goes up. |
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Whether it goes up or down, I don't know.
However, almost 100% certain, if it goes up, the democrats will take the credit. If it goes down, the republicans will get the blame. |
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Quoted: We are going to have at least another year of this shit, we haven't even "officially" started the recession. In my non-expert opinion, we are looking at a solid two years of this crap and it may potentially get worse. But, I'm a "this tastes like piss" kind of person when it comes to the glass being half full or half empty. If the GOP takes Congress and nothing is getting done, the market SHOULD stabilize once the Fed stops raising rates, the market typically goes up after the midterms. I'm sure Biden and his hacks will start a war or something. View Quote I definitely agree there is more pain to come. I do wonder though if their will be a bounce after the midterms and then it goes lower later. |
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An 'R' win is already baked in. It may go up a bit, but don't get too excited.
eta, if 'D' wins, look out. |
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It will go up until folks realize that with the Republican controlling the House and Senate = a stale mate.
Nothing gets done for two years . Republicans will propose symbolic legislation that will never be signed at the Executive level Some progress will be done on the Budget but that's it. And in 2024 Everyone will be pointing fingers on Who Fubared the country. |
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OK, I know you're all waiting, so here's my take: It will go up, generally, over time from here. Why?
1. Market tends to go up, historically, after the midterm. Why? 2. The party in power (D in this case) almost always loses seats. This creates gridlock. This means more certainty going forward, e.g. no big legislative surprises. There will be fluctuations, of course, mostly due to a Fed that is raising rates to battle inflation. However, they will get that under control, eventually, and once they do the upward trend will continue with vigor. That's my take on it. I think it's prolly a good time to buy, if you haven't already. |
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The market like certainty. If the Rs take either or both houses of Congress we're certain not a damn thing is going to get done in the next two years. That's great for the market.
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Quoted: OK, I know you're all waiting, so here's my take: It will go up, generally, over time from here. Why? 1. Market tends to go up, historically, after the midterm. Why? 2. The party in power (D in this case) almost always loses seats. This creates gridlock. This means more certainty going forward, e.g. no big legislative surprises. There will be fluctuations, of course, mostly due to a Fed that is raising rates to battle inflation. However, they will get that under control, eventually, and once they do the upward trend will continue with vigor. That's my take on it. I think it's prolly a good time to buy, if you haven't already. View Quote |
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Quoted: Now that the crystal ball is a little clearer, what happens to the market beginning Wed.? View Quote Edeit Yes I know it's a dream. |
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I’ve been wrong 3 out of last 4 events but hey. My guess is moderate republican control of house and senate is baked in. Red wave with veto proof majorities isn’t. Dem retain control isn’t.
Mostly it drifts up a bit. Then tanks. Drifts up a bit then tanks. Macro trend is still down until fed stops hiking rates. It may feel like the bottom is in and stonks only go up from here but there’s a lot of bad news Teed up for winter. I’m betting with inflation at this level consumer christmas spending is going to be low enough that companies offer guidance corrections. Normal boring days are +- 1-2% and I wouldn’t expect more than 3% from moderate R win. If there’s a surprise red wave it will run 4-5% wed morning but be back to 1-3% by close. |
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Quoted: Once the Fed gets inflation under control there will be a full blown recession. There's no hurry to start buying. JMHO View Quote I'll allow it. But even in a recession, there will still be lots of people with money to invest. I include myself in that group. And then there's the institutional money, lots of it. We're getting tired of having nowhere to get a decent return. Money gets antsy just sitting there. It wants to go somewhere. The stock market is the logical choice. When the fed starts easing, bonds will look good then, too. My 2 c. |
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Quoted: I’ve been wrong 3 out of last 4 events but hey. My guess is moderate republican control of house and senate is baked in. Red wave with veto proof majorities isn’t. Dem retain control isn’t. Mostly it drifts up a bit. Then tanks. Drifts up a bit then tanks. Macro trend is still down until fed stops hiking rates. It may feel like the bottom is in and stonks only go up from here but there’s a lot of bad news Teed up for winter. I’m betting with inflation at this level consumer christmas spending is going to be low enough that companies offer guidance corrections. Normal boring days are +- 1-2% and I wouldn’t expect more than 3% from moderate R win. If there’s a surprise red wave it will run 4-5% wed morning but be back to 1-3% by close. View Quote I don't disagree, but I think the trend is generally upward, with plenty of volatility in the short term. |
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Overall, goes up. Investors hate uncertainty.
Direction of some sectors will depend on which party controls Capitol Hill. |
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October, November, and December are historically green months regardless of elections.
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If the Dems win big tomorrow, it crashes
If the Repubs win big tomorrow, it crashes |
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Quoted: October, November, and December are historically green months regardless of elections. View Quote "Theories on the topic vary, but in my view the most compelling reason for why stocks tend to see above-average returns after midterms is because there’s a tendency for more gridlock in Washington following midterms. Investors think gridlock is good, because it means less legislative risk. And anytime there’s less macro uncertainty, it boosts investor sentiment." https://www.forbes.com/sites/michaelcannivet/2022/10/02/the-stock-market-has-risen-after-every-midterm-election-since-1950/?sh=40a141637c48 Just like I said a few posts ago. |
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Don’t have a dog in the fight anymore but I hope everyone that stayed in the market does well. I’m crushing my mortgage then buying land.
What Would Thomas Jefferson Do |
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Quoted: "Theories on the topic vary, but in my view the most compelling reason for why stocks tend to see above-average returns after midterms is because there's a tendency for more gridlock in Washington following midterms. Investors think gridlock is good, because it means less legislative risk. And anytime there's less macro uncertainty, it boosts investor sentiment." https://www.forbes.com/sites/michaelcannivet/2022/10/02/the-stock-market-has-risen-after-every-midterm-election-since-1950/?sh=40a141637c48 Just like I said a few posts ago. View Quote Most institutions do not perform much over summer months, and different institutions shift money for the end of the year. October, November, and December are big travel and consumer months. Good news get baked into Winter. Spring months tend to be flat, Summer is 2% growth, Fall is flat, Winter is 7% per Bloomberg. |
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Quoted: Don’t have a dog in the fight anymore but I hope everyone that stayed in the market does well. I’m crushing my mortgage then buying land. View Quote They will, the market always goes up, you just have to be able to make it through the downs. Most people worry because most people really don’t save (so they take a loss to pay for things) and they have too much debt. Boomers freak because they are worried they will die before the market goes up. |
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Quoted: They will, the market always goes up, you just have to be able to make it through the downs. Most people worry because most people really don’t save (so they take a loss to pay for things) and they have too much debt. Boomers freak because they are worried they will die before the market goes up. View Quote Reality check: EVERYONE dies before the next "up." |
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