Breaking News: Bloomberg is dropping out, endorsing Biden, putting the nail in Sanders' coffin. Now the Bloomberg millions are available for Joe, Sanders can go to Mexico to drink margaritas. Unless there is a healthcare (heart attack, dementia) Biden is going to win the nomination. The saving grace could be a quick Warren drop out and endorsement, but Liz usually backs establishment views/candidates.
So, almost all of Bloomberg’s support will go to Beiden but not all of Warren’s support will go to Bernie. A significant portion of Warren’s support is from Clinton supporters that want to see a woman president. Warren dropping out will not exclusively pump Bernie. Besides, her strongest states have already voted.
I guess I'm still trying to grapple with OPs thesis. Many of us know that someone hostile to unfettered capitalism would be bad for the bottom line. Here's mine from two months ago: https://www.elitetrader.com/et/posts/4994984/ I suppose Bernie's momentum was priced in sooner than I thought but I also wonder if Bernie's "loss" is not being oversold.... and the downturn isn't a collection of other more impactful events.
The idiot in chief says stocks are surging because the markets don't like Biden. Trump declares Biden supporters ‘worse than Bernie’ and says markets ‘don’t like Joe’ – as DOW surges
Not my problem you can't read a chart. On the night of the count ES was up 60 points. Anyhow... Update: California is done and Biden still have a 60 person delegate lead. Bloomberg also picked up 58, those could come handy for Biden in the second vote at the convention. By my calculation, at least 2/3 of the supers would vote for Biden, so 700/3=233 plus Bloomi's 58 equals almost 300 delegates. Thus Biden could be behind by this much and still overcome it during the second vote.
No, that you can't read chart(s) plural is your fault? I'll have another look but I'm fairly sure this was going on anyway. I don't operate off one chart so I'm not so blind to the rest of the world. There is a lot going on, don't get too man with a hammer.
Biden is cleaning up in Super Twoesday: Electric Booga... I mean wheelchair. His delegate lead is about 90 now and the 3 Western states haven't reported yet.