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  1. #1
    Zombie Slayer Aloha_Shooter's Avatar
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    Quote Originally Posted by MrPrena View Post
    Wow, i was totally wrong on the market behavior. I was expecting declining in the market, but it rose after becoming elect.
    Maybe wall street and large cap loves more regulations, so that there are less competitors. In theory, internet and app stock should got hit hard.
    You should have expected a general rise based on the announcement of the general effectiveness of Pfizer's vaccine because it's a signal of being able to establish normal social and economic behaviors -- especially with respect to things like travel and dining. In addition, Wall Street, large caps, and government processes like stability.

    Some of us have felt governments have long needed a hard and severe shake-up -- which Trump has provided -- but the aforementioned institutions HATE that kind of "creative chaos" so they welcome the prospect of a return to predictable (albeit Socialist-oriented) government. We hate the Socialist trend because it shows the destruction of the democratic capitalist environment that really built Western society but that's looking long term, over the course of decades and centuries while the aforementioned institutions are looking at quarters or years.

    I don't know why you expected internet stocks to get hit hard. The pandemic has shown a greater reliance on internet services as people were less able to interact in person and as in-person entertainment has dropped off. Even if there is light at the end of the tunnel to resume travel, dining, in-person meetings, etc., internet services expanded during the pandemic are showing cost benefits to reduce business travel, increase direct-to-consumer streaming instead of theaters for movies, etc.

  2. #2
    Zombie Slayer MrPrena's Avatar
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    Quote Originally Posted by Aloha_Shooter View Post
    You should have expected a general rise based on the announcement of the general effectiveness of Pfizer's vaccine because it's a signal of being able to establish normal social and economic behaviors -- especially with respect to things like travel and dining. In addition, Wall Street, large caps, and government processes like stability.

    Some of us have felt governments have long needed a hard and severe shake-up -- which Trump has provided -- but the aforementioned institutions HATE that kind of "creative chaos" so they welcome the prospect of a return to predictable (albeit Socialist-oriented) government. We hate the Socialist trend because it shows the destruction of the democratic capitalist environment that really built Western society but that's looking long term, over the course of decades and centuries while the aforementioned institutions are looking at quarters or years.

    I don't know why you expected internet stocks to get hit hard. The pandemic has shown a greater reliance on internet services as people were less able to interact in person and as in-person entertainment has dropped off. Even if there is light at the end of the tunnel to resume travel, dining, in-person meetings, etc., internet services expanded during the pandemic are showing cost benefits to reduce business travel, increase direct-to-consumer streaming instead of theaters for movies, etc.
    Yeah. Prediction was prior to Pfizer's announcement if you see the election thread early.
    I assume govt will have more regulations on internet companies. Maybe it was insignificant on short run.

  3. #3
    Has a Delicate Palate walkerwv's Avatar
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    I could Care less.. Just Saying.. BORING
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