Quote:
Originally Posted by mineistaken
Not really. Stocks can move on president speech alone, let alone on president's action.
Secondly - economy, business (and thus eventually dow) can move even on the "mood" (do they see positive or negative future) of the people and of the companies (for example there was a poll with showed small business owners in record positive mood after Trump's election).
All those things move markets.
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sorry that is not true !
a stocks market index does not show anything about today exept that there are rumours.
puts and calls and even blind sells (selling shares what you do not have) are influencing the index curve. stockmarketers can even LEND shares today and agree to pay them on the value they have in one month. means: if you lend for 1 million shares today and sell them you make a million and if that shares lost 50% value in a month you pay with 500.000 your dept back.
even THIS kind of stock business can give the curve a totally different face.
but even if it is not like that and it would happen what you think, that would mean that speculators believe that the capital will make more capital next because they are not controlled.
and that would mean that trump is not giving america back to the americans - he gives it back to the 0,5% superrich americans who already own the country since centuries.
greetings
thommy