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The New Coffee Room

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  3. Here comes the Biden market crash

Here comes the Biden market crash

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  • G Offline
    G Offline
    George K
    wrote on 27 Jan 2021, 21:11 last edited by
    #9

    2.5% today....wow.

    "Now look here, you Baltic gas passer... " - Mik, 6/14/08

    The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

    1 Reply Last reply
    • A Offline
      A Offline
      Axtremus
      wrote on 27 Jan 2021, 21:16 last edited by
      #10

      You look at the likes of GameStop and AMC (the movie theater chain) and you get the sense that something screwy is going on with the market. :man-shrugging:

      L 1 Reply Last reply 27 Jan 2021, 22:24
      • L Offline
        L Offline
        LuFins Dad
        wrote on 27 Jan 2021, 21:16 last edited by
        #11

        It looks like things started going south late in the afternoon on the 21st...

        5683943B-47D5-4855-B469-6FC99833066F.png

        The Brad

        1 Reply Last reply
        • A Axtremus
          27 Jan 2021, 21:16

          You look at the likes of GameStop and AMC (the movie theater chain) and you get the sense that something screwy is going on with the market. :man-shrugging:

          L Offline
          L Offline
          Loki
          wrote on 27 Jan 2021, 22:24 last edited by
          #12

          @axtremus said in Here comes the Biden market crash:

          You look at the likes of GameStop and AMC (the movie theater chain) and you get the sense that something screwy is going on with the market. :man-shrugging:

          The comrades at reddit think they are striking at the evil empire with those stocks and have no clue what they are doing to Biden. Spooking the markets I wouldn’t think is part of his 100 day plan.

          A 1 Reply Last reply 27 Jan 2021, 22:49
          • L Loki
            27 Jan 2021, 22:24

            @axtremus said in Here comes the Biden market crash:

            You look at the likes of GameStop and AMC (the movie theater chain) and you get the sense that something screwy is going on with the market. :man-shrugging:

            The comrades at reddit think they are striking at the evil empire with those stocks and have no clue what they are doing to Biden. Spooking the markets I wouldn’t think is part of his 100 day plan.

            A Offline
            A Offline
            Axtremus
            wrote on 27 Jan 2021, 22:49 last edited by
            #13

            @loki said in Here comes the Biden market crash:

            The comrades at reddit think they are striking at the evil empire with those stocks and have no clue what they are doing to Biden. Spooking the markets I wouldn’t think is part of his 100 day plan.

            The right for move Biden would be to ignore that stock market indices' day to day gyrations, and I think he will do that.

            R 1 Reply Last reply 28 Jan 2021, 01:45
            • A Offline
              A Offline
              Axtremus
              wrote on 27 Jan 2021, 23:44 last edited by
              #14

              https://www.cnbc.com/2021/01/27/gamestop-speculation-is-danger-to-whole-market-massachusetts-regulator.html

              "... more than 100% of GameStop shares had been shorted prior to the epic short squeeze ..."

              1 Reply Last reply
              • 8 Offline
                8 Offline
                89th
                wrote on 28 Jan 2021, 01:30 last edited by
                #15

                The market is up 13% since Biden was elected, including today’s close.

                1 Reply Last reply
                • A Axtremus
                  27 Jan 2021, 22:49

                  @loki said in Here comes the Biden market crash:

                  The comrades at reddit think they are striking at the evil empire with those stocks and have no clue what they are doing to Biden. Spooking the markets I wouldn’t think is part of his 100 day plan.

                  The right for move Biden would be to ignore that stock market indices' day to day gyrations, and I think he will do that.

                  R Offline
                  R Offline
                  Rainman
                  wrote on 28 Jan 2021, 01:45 last edited by
                  #16

                  @axtremus said in Here comes the Biden market crash:

                  @loki said in Here comes the Biden market crash:

                  The comrades at reddit think they are striking at the evil empire with those stocks and have no clue what they are doing to Biden. Spooking the markets I wouldn’t think is part of his 100 day plan.

                  The right for move Biden would be to ignore that stock market indices' day to day gyrations, and I think he will do that.

                  Ax 'ol buddy, hitt'n the sauce a bit? What does this mean:
                  "The right for move Biden would be to ignore that stock market..."

                  Oh, I got it! Just rearrange and it works fine.
                  My bad, you're fine.

                  And, it's fault Trump's.
                  Just say'n.

                  A 1 Reply Last reply 28 Jan 2021, 01:49
                  • R Rainman
                    28 Jan 2021, 01:45

                    @axtremus said in Here comes the Biden market crash:

                    @loki said in Here comes the Biden market crash:

                    The comrades at reddit think they are striking at the evil empire with those stocks and have no clue what they are doing to Biden. Spooking the markets I wouldn’t think is part of his 100 day plan.

                    The right for move Biden would be to ignore that stock market indices' day to day gyrations, and I think he will do that.

                    Ax 'ol buddy, hitt'n the sauce a bit? What does this mean:
                    "The right for move Biden would be to ignore that stock market..."

                    Oh, I got it! Just rearrange and it works fine.
                    My bad, you're fine.

                    And, it's fault Trump's.
                    Just say'n.

                    A Offline
                    A Offline
                    Axtremus
                    wrote on 28 Jan 2021, 01:49 last edited by
                    #17

                    @rainman said in Here comes the Biden market crash:

                    @axtremus said in Here comes the Biden market crash:

                    @loki said in Here comes the Biden market crash:

                    The comrades at reddit think they are striking at the evil empire with those stocks and have no clue what they are doing to Biden. Spooking the markets I wouldn’t think is part of his 100 day plan.

                    The right for move Biden would be to ignore that stock market indices' day to day gyrations, and I think he will do that.

                    Ax 'ol buddy, hitt'n the sauce a bit? What does this mean:
                    "The right for move Biden would be to ignore that stock market..."

                    Oh, I got it! Just rearrange and it works fine.
                    My bad, you're fine.

                    And, it's fault Trump's.
                    Just say'n.

                    Typo, “that” ==> “the”.

                    1 Reply Last reply
                    • L Offline
                      L Offline
                      LuFins Dad
                      wrote on 28 Jan 2021, 03:01 last edited by
                      #18

                      Wait, what? GameStop rose how much? That’s frigging ridiculous. Next you’ll tell me to buy Blockbuster. It’s a dead end retailer. It may be able to survive in some format but not what it was or even is right now. AMC? I won’t even buy AMC movie passes at $3 a ticket right now because I’m not sure they will still be around this summer...

                      The Brad

                      A 1 Reply Last reply 28 Jan 2021, 12:43
                      • T Offline
                        T Offline
                        taiwan_girl
                        wrote on 28 Jan 2021, 03:17 last edited by
                        #19

                        (https://www.barrons.com/articles/presidents-dont-influence-the-economy-as-much-as-you-might-think-51610620201)

                        Interesting article. I guess Barron's magazine is generally on the right side. So, they look back at how they looked at various presidents and if the Democrat was elected, that probably meant that the economy would sink. OOPS - not really.

                        If a Republic was elected, the economy would soar. OOPS - not any more than a Democrat president. LOL

                        1 Reply Last reply
                        • J Online
                          J Online
                          jon-nyc
                          wrote on 28 Jan 2021, 12:35 last edited by
                          #20

                          3D6C4CB4-CF43-4B31-8EA9-29A445ECD4B7.jpeg

                          "You never know what worse luck your bad luck has saved you from."
                          -Cormac McCarthy

                          1 Reply Last reply
                          • L LuFins Dad
                            28 Jan 2021, 03:01

                            Wait, what? GameStop rose how much? That’s frigging ridiculous. Next you’ll tell me to buy Blockbuster. It’s a dead end retailer. It may be able to survive in some format but not what it was or even is right now. AMC? I won’t even buy AMC movie passes at $3 a ticket right now because I’m not sure they will still be around this summer...

                            A Offline
                            A Offline
                            Axtremus
                            wrote on 28 Jan 2021, 12:43 last edited by
                            #21

                            @lufins-dad said in Here comes the Biden market crash:

                            Next you’ll tell me to buy Blockbuster. It’s a dead end retailer.

                            Oh you’ll love BlackBerry (NYSE:BB).

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