Dow Jones up over 100 points

Looks like THe Street approves of President-Elect Donald J. Trump today. Another MSM anti-Trump narrative that is not coming to light.

a 1000 point swing in under 24 hours, color me surprised.

Cooler heads prevailing. Clinton conceding and the President calling Trump showed that the process will work.
I wonder if this election were to boil over into today and beyond with contested votes and states the market would not have bounced back as it did. With Clinton taking a position that "we are going to fight these results to the end"...that wouldn't have been taken well in the market I suspect.
Instead maybe we get a sigh of relief.
[Edited on 11/9/2016 by nebish]

I wonder if Goober is as good with Fantasy Football, i could use some help. 😛

Check again.
Up 256.95, almost a record high.

I wonder if Goober is as good with Fantasy Football, i could use some help. 😛
Are you saying you would like me to help you? Worried about not making the playoffs yet?

LOL, not yet. besides we are both getting beat by a girl from australia.

What is up with that team I just played last week? I had alot of pts, so even if they put a lineup in or made some pickups I may've still won, but they are one of the better teams...you don't expect a team like that to not put a lineup in with a bunch of players on bye.

KG seems to be hit or miss as to playing the game....lol....kinda like danb
really only 4 of us trying....maybe i can get a better league net year or invite you into one

A few takeaways....
Healthcare stocks flying
Oil stocks rallying
Bonds getting creamed
Small cap rally
Large cap, high-dividend payers (such as MO and PG) getting clocked
Utility stocks down

good observations

The bond market is perhaps the single most reliable indicator of investors’ faith in a government — and by that metric, America is taking a big hit in the aftermath of Donald Trump’s election to the presidency.
Over the past two days, the U.S. bond market — which has been bullish for more than 30 years — lost more than $1 trillion in global trading, the worst loss in nearly 18 months.

Bonds taking a nosedive. I think it's in the tea leaves that rates will start rising now that Obama is gone. The eight years of next-to-zero interest rates are history, friends.

well i expected a rate hike last summer myself and then after they didn't i expected one soon. i also expected them to rise if hillary won. usually when rates go up DOW corrects down.
historically the DOW doesn't go up after an election though. i'm still confused by this. i keep getting the feeling people are buying high right now. over enthusiastic for promised possible policies? alot of Trump's stimulus idea's require congress to go along. if they (GOP) put up a fight, well we'll see.
any thoughts on why the DOW is going up Alloak?

^ Investor confidence in a professional elected President with a proven track record of success.
Plus the job market under Obama has been abysmal. That will change with Donald Trump’s America First policy.
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