Exactly. Senate has already said its DOA. Most people have zero understanding of how this works. The Senate now becomes the jury for the impeachment trial and it requires 67 out of 100 Senators to vote for impeachment. The market is over extended so I won’t be surprised if there is a small 2-5% sell off, but the whole impeachment thing is a big joke.
if you are a day trader it doesnt matter! isnt that what most here do? if swing then yeah it matters but you can exit and reenter or just exit or never enter. There is a high probability that he could be removed from office. MUCH higher than had he not been impeached will only take 2 senators to get rid of him for good. There is a lot we don't know even in his own party and he isn't that young it looks to me like they need to remove him for reasons we wont know until after the fact and My bet is that he will be removed. The mkt will sell off when removed but then will have a GLORIOUS rally again once everyone realizes that once again stability is back and we are open arms for business with the world and china again. See you cannot run up these trillions in debt that you owe to other countries just to start taxing their goods. IT basically zeros out the risk those countries are taking by buying bonds and getting a low return anyway. But yeah the market will react but truth is trump isnt the reason the market is up. its was time no matter who was in office and the mkt runs more and faster with dems in power anyway. I wont miss his mkt jarring tweets that have done nothing but line the pockets of brokerages and HFTs and cost me thousands in slippage and commissions. It will be party time when he is gone. Humans can only take so much from their government. no matter what party the president serves us all whether he wants to or not and even voted for the man but his time is up.
zeros out the return. HE buddy buy my treasuries we will pay you 3 % oh and by the way we are going to charge all of your goods 50 % into the country after you buy em.. yeah right
vegas line for trump 2020 has just gone from +125 before the impeachment vote, to -105 after. dems political suicide. confirmed.
Perfectly said. Its nothing but a complete joke. I'll be honest I know very little about the impeachment process but what I do know is that he will not be impeached at the senate level. If there was the tiniest bit of chance he was going to be impeached the markets would not be at historical highs. Markets would be dropping off a cliff if the chance of impeachment in the senate was extremely highly probable.
YOUR KILLING YOUR OWN EYES stop blaming me for your losses of VISION! if you dont like it dont read it. same with trading who you gonna blame??????????
agree. for day trader, it doesn't matter. I only manage to read first 2 lines. too taxing on my eyes. I guess you are one paragraph man. anyway, it is still better than other folks. other folks only use one paragraph and no comma, no full stop. just abcde ......xyz only and perhaps with some 123 ....890. very different from my style. I use few words per line only.
wrong to the left... the real odds should be -150 to -200 right now and will be there by election day perhaps even -300... the point is the delta, a -30 point move on the impeach vote... hence the political suicide.