My Throwback Thursday shoutout goes to Keith Parker of Barclays.
The S&P 500 could potentially fall 11 to 13 percent if Trump wins the election, Keith Parker, global equity strategist, said in a Nov. 1 note. If Clinton wins, the index could rise 2 to 3 percent.
“Stocks will crash 11-13% on a Trump election.”
Lol. Up.
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SMH. Keif Parker should lose his parking spot.
I’ve seen this movie before. He has the timing wrong.
The crash will occur next year as the economy is taken off of life support. At first it will stumble and fall, then, miraculously, the economy will stand on it’s own two feet, wobble around for a while, and then take off running.
That’s the beauty of capitalism/democracy, it is self correcting.
Little simplistic, eh? Strong dollar, tariffs, inflation.. might make things a little untidy. Raise your hand if you want to pay $1400 for an American-made iphone.
manufacturing is a fraction of cost, and today isn’t much different between China/US. Even if you assume 5x assembly cost, you are adding maybe $20 to the price. Bigger hurdle is establishing the industrial supply chains, but that is great for growth.
AAPL margins would take a hit way before the price themselves out of the market
I’ve always beleived that automatic stabilizers kick in for the economy when you least expect them.
Gold now at technical support level of 1200 going to take a stab at JNUG today.
Of course, they raised it up before the open. Now no trade.
looks like 1200 is about to be challenged.
Day trading $TWLO and $ACIA.
…unsuccessfully so far.
And, since one generally only posts a sale (success) for purposes of balance,
Here are my zeroes for November expiry:
-FIT 19’s LOL
-TWTR 22’s
-USG 30’s are going to come up just short and rip on Monday for sure.
-LEN 48’s because a hobby of mine is losing money on homebuilders.
and from the looks of things my day trades in TWLO & ACIA.
Good riddance. With those 6 zeroes, I still had an amazing month.
bought NFLX 115 calls for a yolo around 114
have a group of BAC 20 calls most purchased between .06 and .08. Was looking for a pop to 20.50, but now just looking for a close above 20.10