Does anybody REALLY understand the stock market? I don’t pretend to
I'm sitting here watching CNN coverage of early Super Tuesday voting and voter turnout. I'm also seeing on CNN that the Dow Jones Industrial Average has dropped 250+ points, the has fallen NASDAQ 41+.
Which leads to the obvious question in the title of this post: Does anybody REALLY understand the stock market?
Wouldn't you think the market might show either a boost or a steady, level trading trend on an election day? Are traders or others who move and shake "the Market" really that pessimistic about big primary election days? If so, why would that be?
I certainly don't pretend to understand what makes the Market rise and fall. (If I did, I'd be writing these words from a laptop on a beautiful beach somewhere while contemplating a day of fun in the ocean sun. Any ocean sun.) If it were up to me, I probably would require the stock market to close on major election days. Yeah, I know, that's probably way to impractical and too harsh to ever implement.
Ah, well, what do I know? I'm just a guy who reads the papers.
[tags]primary elections, stock market trends, elections and the stock market, just a guy who reads the papers[/tags]
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