ACA and the stock market

[KissMy]

The market dropped yesterday -$160 on the ACA SCOTUS ruling. It only climbed after Europe closed & they announced their fiscal union plans.

 

[Chris]

The market is up 5% this year.

 

[JakeStarkey]

They dropped far more because of Europe and gained far more because of Europe.

The corporations who are going to make beaucoup bucks from ACA are tanking the market.

 

[bigrebnc1775]

Euro, government stability in Europe, lessening energy demand in China and India, or

. . . your silliness, which is about the equal of sun spots. And let me amend: littledeb_fascist or sillykoshergirl's suggestion.

Euro, government stability in Europe, lessening energy demand in China and India, or

EU leaders seek to avert euro collapse at key summit - EUROZONE - FRANCE 24

 

[Chris]

Stocks do 9 times better with a Democrat in the White House....

While Republicans promote themselves as the friendliest party for Wall Street, stock investors do better when Democrats occupy the White House. From a dollars- and-cents standpoint, it’s not even close.

The BGOV Barometer shows that, over the five decades since John F. Kennedy was inaugurated, $1,000 invested in a hypothetical fund that tracks the Standard & Poor’s 500 Index (SPX) only when Democrats are in the White House would have been worth $10,920 at the close of trading yesterday.

That’s more than nine times the dollar return an investor would have realized from following a similar strategy during Republican administrations. A $1,000 stake invested in a fund that followed the S&P 500 under Republican presidents, starting with Richard Nixon, would have grown to $2,087 on the day George W. Bush left office.

Stocks Return More With Democrat in White House: BGOV Barometer - Bloomberg

 

[bigrebnc1775]

The market is up 5% this year.

Chris I thought you hated those wall street 1%ers?

 

[bigrebnc1775]

Stocks do 9 times better with a Democrat in the White House....

While Republicans promote themselves as the friendliest party for Wall Street, stock investors do better when Democrats occupy the White House. From a dollars- and-cents standpoint, it’s not even close.

The BGOV Barometer shows that, over the five decades since John F. Kennedy was inaugurated, $1,000 invested in a hypothetical fund that tracks the Standard & Poor’s 500 Index (SPX) only when Democrats are in the White House would have been worth $10,920 at the close of trading yesterday.

That’s more than nine times the dollar return an investor would have realized from following a similar strategy during Republican administrations. A $1,000 stake invested in a fund that followed the S&P 500 under Republican presidents, starting with Richard Nixon, would have grown to $2,087 on the day George W. Bush left office.

Stocks Return More With Democrat in White House: BGOV Barometer - Bloomberg

You're Jrunk how the market does is not even an economical indicator.

 

[Zander]

My goodness, we were assured by all the 'Conservatives' that the market was going to tank because of the political implications of the SC upholding the ACA.

And tank it did, to the tune of +277

links? I haven't read any "Conservatives" saying that the market was going to tank because of Obamacare....

 

[Toro]

And I will politely ask you why don't you just stick that cigar up your ass.

I wasn't the one that made that silly prediction, it was one of you dingleberry 'Conservatives'.

I don't give a fuck who predicted what.

You don't understand how the stock market works.

Why do you say that?

 

[Quantum Windbag]

My goodness, we were assured by all the 'Conservatives' that the market was going to tank because of the political implications of the SC upholding the ACA.

And tank it did, to the tune of +277

It went down after the decision, and went up after Europe made its fake announcement of a bailout, yet you are insisting it went up as a result of Obamacare.

 

[Procrustes Stretched]

My goodness, we were assured by all the 'Conservatives' that the market was going to tank because of the political implications of the SC upholding the ACA.

And tank it did, to the tune of +277

waited all day for the crash.

still waiting...

 

[Stephanie]

Old Rocks did you know that about 80-90% of rhe Stock Markets volume is done by automatic computer trading?

That means that the stock market isn't driven by humans, but by robots!

It's all a scam, just like global warming.

So then the republican claim that US would be immediately destroyed by SCOTUS upholding Obamacare was not only bullshit, but indicates that every republican and pundit is scamming us?

no on said, immediatly...
but the long term impact is coming

 

[NYcarbineer]

My goodness, we were assured by all the 'Conservatives' that the market was going to tank because of the political implications of the SC upholding the ACA.

And tank it did, to the tune of +277

It went down after the decision, and went up after Europe made its fake announcement of a bailout, yet you are insisting it went up as a result of Obamacare.

It didn't go down because of the decision. The futures were down before the decision was announced.

 

[Procrustes Stretched]

Old Rocks did you know that about 80-90% of rhe Stock Markets volume is done by automatic computer trading?

That means that the stock market isn't driven by humans, but by robots!

It's all a scam, just like global warming.

So then the republican claim that US would be immediately destroyed by SCOTUS upholding Obamacare was not only bullshit, but indicates that every republican and pundit is scamming us?

no on said, immediatly...
but the long term impact is coming

 

[JakeStarkey]

So then the republican claim that US would be immediately destroyed by SCOTUS upholding Obamacare was not only bullshit, but indicates that every republican and pundit is scamming us?

no on said, immediatly...
but the long term impact is coming

Stephanie has two futures with this. (1) GOP cleans up and they repeal it. (2) GOP does not clean up, and a process of revise and reform will continue.

 

[PredFan]

And I will politely ask you why don't you just stick that cigar up your ass.

I wasn't the one that made that silly prediction, it was one of you dingleberry 'Conservatives'.

I don't give a fuck who predicted what.

You don't understand how the stock market works.

Old Rocks doesn't understand much.

 

[PredFan]

And I will politely ask you why don't you just stick that cigar up your ass.

I wasn't the one that made that silly prediction, it was one of you dingleberry 'Conservatives'.

I don't give a fuck who predicted what.

You don't understand how the stock market works.

Why do you say that?

Read the other posts in this thread and you have your answer.

 

[bobgnote]

This looks like another plants vs. zombies thread. O.R. went troll-fishing, under the bridge, and a whole lot of zombie-trolls jumped right up.

Stocks are like OTC derivatives; they have no real value. Value is failing, so Obamneycare or not, the price/value quotient is taking off. When the climate fucks up, zombie-wingnuts, fires burn, seas rise, storms rage, and your zombie asses will catch on fire.

Fire is not your friend. Neither is Woody Harrelson.

 

[Toro]

My goodness, we were assured by all the 'Conservatives' that the market was going to tank because of the political implications of the SC upholding the ACA.

And tank it did, to the tune of +277

It went down after the decision, and went up after Europe made its fake announcement of a bailout, yet you are insisting it went up as a result of Obamacare.

It didn't go down because of the decision. The futures were down before the decision was announced.

The Dow fell about 100 points a minute after the decision.

 

[Toro]

I don't give a fuck who predicted what.

You don't understand how the stock market works.

Why do you say that?

Read the other posts in this thread and you have your answer.

I did. He got it right IMO. Stocks did pretty much as expected. This ruling is a minor piece of news, at least for the market. I expected the market to fall if it ruled in favour of Obama, and it did. Then, I expected the market to have forgotten it by the next day. In fact, the market forgot it within a few hours as rumours of a deal in Europe caused the market to recover most of its losses by the close. So anyone saying that this was a major market-moving event was incorrect, which is how I read the OP.