iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,472 Blog Posts

Hillary Won the Election Today, So How’d the Market Do?

According to a recent poll by NBC/WSJ, Clinton is up by 11 points on Trump — all but eviscerating the great orange one from ever stepping foot in the White House. My initial reaction is to buy burglary protection stocks — since criminality will be all the rage under the Clinton regime. Everything trickles down — in this case: burglary.

But in all seriousness, if today was the day that the Clinton-Kaine campaign hammered coffin nails into Trump’s live body, how’d the market do? Which sectors were affected most?

Autos, drugs, textiles, banks, semis, trucking and food sectors all bore holes in the market today — sporting deleterious breadth of less than 20%.

On the upside:

Gold, utilities, steel, REITs and metal fabrication did well.

What can we surmise from all this?

During an H. Clinton administration, we’ll all be employed by our local welders creating doomsday devices and/or in a mine in search for metals for an alien race. The memories of when cars, clothes, banks and food were easily acquired will be all but a wistful after-thought — a time in America when things were good. The water was bountiful and milk and bread retailed at the grocer in great abundance.

If today is the celebration of political victory for the establishment, prepare for a woefully forboding 4 years of sheer market fuckery.

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9 comments

  1. riotact

    Trump TV launching on November 9th.
    Can’t wait. This should keep the crazies going for another 4 years.

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  2. it is showtime

    Will it be a Forrest Gump market or more of a T-1000 market
    my guess is Tyler Durden wins

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  3. metalleg

    I’ll take the other side of that bet. Polls? Everything else is a facade. Why not the polls?

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  4. the_swatter

    nflx popping, looks like good short when it gets toppy…. heading into 2017…

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  5. teslawasright

    Elections to be cancelled Le Fly

    The Saxed Coburg Gotha line is being chased all over the planet

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  6. rigged game

    We heard this gloom and doom all the time after Obama beat Romney.

    All the market did is TRIPLE under Obama, the Master Leader.

    With the Republicans whining all the way.

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    • it is showtime

      Lol tool

      The market tripled by itself?
      It wasnt the algos and servers the fed and gov put in place?

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      • rigged game

        I don’t give a shit if it tripled because Chelsea was buying with prostitute money.

        It is the OBAMA bul;l market!

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        • it is showtime

          And it will prove to be part of a boombust cycle on the other side, Just like 99, Just like 08, Whether you give a shit or not doesn’t make it actually legitimate, Fake – bull market

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