The Economist just endorsed Harris, with warnings re Trump..

Discussion in 'Trading' started by Q.E.D., Nov 1, 2024.

  1. Q.E.D.

    Q.E.D.

    https://www.benzinga.com/general/po...ement-diverging-from-washington-post-la-times

    As previous, there are Trump supports that buy / support DJT stock. Same with the betting markets. Just after above endorsement broke, DJT, which was up 7% pre-market, but then down 10% this morning, was down about 8 %, when the Trump supports bid the price up -- presumably to show the Economist news was not important.

    Right now, DJT back down about 9%. The past few days there has been big selling, which I assume are some hedge funds that have their own polling data, showing Trump not doing as well as the polls would indicate.

    Meanwhile, current $32 put, expiring a week from today, is trading about $ 8.40, meaning the stock must drop to $23 to break-even. If Trump loses --whenever that is identified --DJT could open near zero, which is one reason for the steep put premiums.
     
  2. 2rosy

    2rosy

    was a subscriber since the 90s but stopped a couple years ago. it's like all msm
     
  3. mervyn

    mervyn

    why is a british publication allowed to endorse us elections? what about putin and xi?
     
    taojaxx, EdgeHunter and MarkBrown like this.
  4. Q.E.D.

    Q.E.D.

    Oddly, Britain also has free speech. Seriously, "allowed to endorse?"

    Separately, The Economist has many U.S. financial readers.
     
    Tuxan, piezoe and Probability like this.
  5. mervyn

    mervyn

    have you heard any objections on misinformation from the brits? would wsj allow putin to write an opinion piece?
     
  6. newwurldmn

    newwurldmn

    Why can’t they endorse a candidate?

    Putin endorsed Kamala.
     
  7. mervyn

    mervyn

    have to make it official, not off the cuff comments
     
  8. Q.E.D.

    Q.E.D.

    So you equate a free press, comparing two candidates, with offering one of the most brutal dictators in human history an editorial in WSJ? Rhetorical, as you have made your positions clear.
     
  9. Sekiyo

    Sekiyo

    Putin do endorse Trump.
     
    piezoe likes this.
  10. newwurldmn

    newwurldmn

    still anyone can endorse anyone. It doesn’t mean anything other than freedom of speech
     
    #10     Nov 1, 2024