SportsFan01
Oct 4, 2:22 AM
$DKNG $PENN $FLUT $BB $DJI I know people are down about the stock prices being hit hard across the board, but the reality is just a few tech stocks are really driving the market to all-time highs. Many, many, many stocks are completely in bear territory. Plus, this nonsense happens every damn midterms. It is usually followed by a Santa Claus rally and a good next year and that begins around the April timeframe. It might happen soon for us though because once the Iran war ends, oil will plummet back down to the point where gasoline is
$2 a gallon.
This is one of the reasons I went to 75% cash. I know it sucks folks, but what can I say? Politicians on all sides never do what is right by the people. They are there to make themselves rich. Need proof? I dare you to go look what they are invested in.
Take crazy MTG. She would rail against liberal policies all the time. But what did she invest in? Liberal companies. Her portfolio makes puke.
https://www.marketwatch.com/story/you-might-be-shocked-by-how-many-stocks-are-in-a-bear-market-right-now-017c9cd8
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