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NRaleighLiberal

(60,022 posts)
Wed Jan 6, 2021, 12:14 AM Jan 2021

just for interest - the stock futures numbers below - at 11 last PM, 8 this AM

Just for interest - the two Rs are leading, the two Ds are favored. Will the futures market react if things change before the markets open? Just marking this below to see. A D Senate rather than an R senate will give the markets something to think about...not that there is necessarily much of a connection between the market and politics.

11:13

U.S. Stock Futures

S&P -25.00 / -0.67%

Nasdaq -174.75 / -1.37%

Dow -86.00 / -0.26%

8.07 am

Stock Futures
S&P -10.75 / -0.29%

Data as of 8:07am ET
Nasdaq -178.75 / -1.40%

Data as of 8:07am ET
Dow +42.00 / +0.14%


market not perturbed my turtle's fall

10 replies = new reply since forum marked as read
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just for interest - the stock futures numbers below - at 11 last PM, 8 this AM (Original Post) NRaleighLiberal Jan 2021 OP
Wondering why the Nasdaq is down so much lower jmbar2 Jan 2021 #1
Private sector lost 123,000 jobs in December, first decline in 8 months Roland99 Jan 2021 #8
Ah. Fear of higher corporate taxes. Aww Roland99 Jan 2021 #9
Stocks will probably drop short term if both Dems win. LuckyCharms Jan 2021 #2
Should have taken some money off the table today Loki Liesmith Jan 2021 #3
Good time to buy. Yavin4 Jan 2021 #4
good time to sell, the whole market is very overpriced relative to earnings Amishman Jan 2021 #6
With 0% interest rates, there's no where else to get a return other than real estate. n/t Yavin4 Jan 2021 #7
kick...op updated NRaleighLiberal Jan 2021 #5
crazy jmbar2 Jan 2021 #10

Roland99

(53,342 posts)
8. Private sector lost 123,000 jobs in December, first decline in 8 months
Wed Jan 6, 2021, 09:45 AM
Jan 2021

But that news came out this morning

Maybe online Christmas sales were down from expectations?

Roland99

(53,342 posts)
9. Ah. Fear of higher corporate taxes. Aww
Wed Jan 6, 2021, 09:47 AM
Jan 2021
https://www.marketwatch.com/story/u-s-tech-stocks-set-to-skid-as-bond-yields-drive-higher-after-democrats-flip-senate-seat-11609935766

Futures contracts tied to the Nasdaq-100 index were dropping early Wednesday on expectations that a Democrat-controlled Congress would lead to higher taxes and tighter regulations on technology giants.

Amishman

(5,559 posts)
6. good time to sell, the whole market is very overpriced relative to earnings
Wed Jan 6, 2021, 09:33 AM
Jan 2021

Especially with vaccine rollout stalling and the new strain from Britain entering circulation.

We are way above historical averages for price to earnings or book value.

jmbar2

(4,907 posts)
10. crazy
Wed Jan 6, 2021, 10:06 AM
Jan 2021

VIX is actually down this morning. But Nasdaq has been hit hard. Less fear in general, but the FAANGs are a bit worried about a Dem controlled government.

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