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Wallstreet resonates Democratic victory (1 Viewer)

jfuh

jfuh

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Stem cell companies saw big gains today, as did the market overall. Today is a good day.
 
I wouldn't read any performance by the stock market today as a consensus signal on the election results.
 
Iriemon said:
I wouldn't read any performance by the stock market today as a consensus signal on the election results.
Click to expand...
True, but it certainly is the cherry on top.
 
2 questions.

1) How do elections even affect the stock market?

2) Companies gain on some days and lose on some days. What makes this so special?
 
Mr.Clover said:
2 questions.

1) How do elections even affect the stock market?

2) Companies gain on some days and lose on some days. What makes this so special?
Click to expand...
Biggest gains today were from stem cell companies. MO voted yes on stem cells. Big gains.
As for what makes today special - America just experienced one of the largest voter turnouts in a loooong whiles. With which came tidal wave of change.
Markets typically do not like change, but instead big gains today from wall street. Always a good sign.
 
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My take from it...

Due to the fact that the Democrats have a majority, there is now wide speculation that the constraint on genetic engineering has been lifted. Conservatives in general fear this type of science and have been slowing the progress.

Because there is a liberal majority in Washington now, investors speculate federal funding for genetic research will start to increase.

So allot of people bought stock in these companies. And when people start to buy stock in a company, it generally tends to increase its value because of the higher demand.
 
Goldenboy219 said:
My take from it...

Due to the fact that the Democrats have a majority, there is now wide speculation that the constraint on genetic engineering has been lifted. Conservatives in general fear this type of science and have been slowing the progress.

Because there is a liberal majority in Washington now, investors speculate federal funding for genetic research will start to increase.

So allot of people bought stock in these companies. And when people start to buy stock in a company, it generally tends to increase its value because of the higher demand.
Click to expand...
Let's just hope that science in general will receive far more attention than it has in the last decade.
 
Last I heard, Wall Street took a dip... particularly from oil, pharma and defense contractors.
 
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