Today Market

Bloomberg? Just what we need another 77 year old white guy. I personally think Hillary should take a shot. She could win. The rest are loosers.
As far as tariffs… the market is up 25% since Trump touted them . Investors don’t care

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What a crazy reversal today on some of the cloud stocks.

Put a few stink bids in, all miss, some by 10 cents :sob:

There is very little uncertainty if the following is to be believed:

Knapp said he had anticipated that a phase-one deal wouldn’t do much to unwind existing tariffs. Meanwhile, profit margins in the industrial sector, which is the most exposed to China, fell over the course of 2018 and much of 2019, returning at the end of the third quarter to pre-trade-war levels, he noted, indicating that the shock from the trade war and the existing raft of tariffs has worked its way through the system.

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Kamala Harris dropped out. Another one bites the dust.

Thanks to Tulsi Gabbard.

Karma is a bitch after Kamalas race card attack on Biden. The Democrats are like the Republicans in 2016. The debates are like a Mexican firing squad. only the nastiest can win. These mass debates are new… weren’t around 20 years ago. They are a disaster.

This comment is from Kiplinger’s Closing Bell email (12/03/2019):

Unlike yesterday’s extremely broad selloff, Tuesday drew a clear line between winners and losers. And most of the winners had one thing in common: income. Only two stock sectors finished in the black. One was utilities, where investors treasure the recession-resistant business of delivering necessities such as electricity and natural gas – a business that drives steady growth and income among the sector’s best picks. The other? Real estate investment trusts (REITs), where property owners are more insulated from shocks because their tenants simply must pay the rent and cut back elsewhere.

The uncertainty of a trade war is nothing compared to the uncertainly of re-regulation under the Democrats. And a Dem president can do it - no need to involve the legislative branch. We live under administrative law, not acts of Congress. Add to that the possibility of some version of the Green New Deal and you have a formulae to kill investment.

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I based my comments about trade war uncertainties from the horses’ mouths directly: businesses operating in the real world. Not some talking head analysts on TV. Not imaginary “regulatory risks” that literally nobody mentioned.

Do your news sources not talk about the risk of Elizabeth Warren? Do you choose to ignore those articles?

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Point me to any of the ISM reports that cited Warren as a headwind to their business. Ignore the clear and present dangers and focus on future imaginary threats?

Bloomberg thinks she is a clear and present danger and is willing to spend a billion to defeat her and the radical left

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Imaginary?
Have you completely igorned the entire platform of the Democratic party? Do you not think ANY of the candidates would do any of the things they actually say they would?

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Back to 3.5% unemployment and 266,000 new jobs created. Some of that was GM strike ending, but that made prior month numbers worse than they actually were. Despite all the gloom about manufacturing, it’s still adding jobs.

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Nasdaq hits 9,000 and SPY hits all-time high.

Don’t want to trim anything but probably prudent.

Santa Claus rally officially starts today and ends on Friday Jan 3. Plenty of time to trim.

Plenty to trim too :smiley: