It's nov 8; where's the stock markets headed?

[sv2007]

Anyone taking any hedging positions?

Just got an email from TD ameritrade about them upping the FOREX margin requirement on Mexcian pesos. Perfectly timed for election results.

We have a hedge of about ~$500k in cash for this event. Debating it I should place a FOREX bet; although I think $500k maybe good enough, so not in a particularly hurry to use FOREX.

[Jluke]

Based on yesterday's market performance I'm pretty sure I know who the stock market wants to win the election...

[rennigade]

Not sure...what I am sure about is me putting money in on December 1st...like I did on Nov 1, Oct 1, Sept 1, etc etc.

[bjl584]

who knows.

the markets will fluctuate no matter who wins the election. certain sectors will do better with one candidate or the other. but, it will be business as usual. keep investing for the long term and don't worry about today, or tomorrow.

[StormRichards]

Anyone taking any hedging positions?

Just got an email from TD ameritrade about them upping the FOREX margin requirement on Mexcian pesos. Perfectly timed for election results.

We have a hedge of about ~$500k in cash for this event. Debating it I should place a FOREX bet; although I think $500k maybe good enough, so not in a particularly hurry to use FOREX.

Still wondering why a member would think you are well off?

[disneysteve]

Anyone taking any hedging positions?

I pay virtually zero attention to the stock market. It's up 200 points one day, down 250 another, and up 300 the next. I see no reason to concern myself with the day to day, or month to month changes in the market.

[sv2007]

I pay virtually zero attention to the stock market. It's up 200 points one day, down 250 another, and up 300 the next. I see no reason to concern myself with the day to day, or month to month changes in the market.

Do you buy insurance for your house? Hedging your stock investment is similar in times of uncertainty. You'll not win big, but you'll also not lose big. It is (in effect) the goal of many here --> smooth market.

[sv2007]

Still wondering why a member would think you are well off?

Well, I think some context from the other thread is missing here.

[StormRichards]

Well, I think some context from the other thread is missing here.

Of course it is.

However, individual posts in individual threads do not live in a vacuum. Your posts as a whole influence other member's impression of you. So your post about the $500k along with several other posts makes it easy for one to assume you are well off. So I just found it odd that you questioned another member why she assumed that. It was obvious to me she assumed it based on many of your posts.

[Tabs]

Well, the market likes stability and basically Clinton represents stability as a known quantity, while Trump is the opposite, being an unknown quantity.

The short term stock market is obviously hedging on Clinton winning the presidency, and ensuring that should help the markets rally tomorrow (barring any other news that swings either way).

I don't know if it's going to amount to any more than that though into the future.

[corn18]

I didn't hedge and netted a $50k+ gain (on paper anyway).

[TexasHusker]

They are headed up, then down. Then up, then back down. But then back up. Then back down.

Hope that helps. I guarantee you I'm correct. 😜

[corn18]

Could say the same about real estate.

[rennigade]

No one ever lost money on real estate (cough, cough...2008)

[sv2007]

I didn't hedge and netted a $50k+ gain (on paper anyway).

How much do you have invested, just curious?
I'll guess $2.5m <-- am I close?

Not sure how much gains my investments made, but they are generally up too, esp my pharmaceutical stocks which make up a good % of my portfolio (they really went up a lot, like 5% just on 11/9).