Veren Inc T.VRN

Dow over 30,000

[Moemoney42]

Well look at that boys and girls... and DJT said the markets would crash if Biden is elected.. LOL.. yup another lie for the history books.. LOL..

[Chad123]

They will crash my friend. Biden does not become the head honcho till Jan 20th I think. Once the market gets out of the frenzy it is in now with hopes of a recovery through vaccines and the stimulus from Yellen to come......then reality will set in. High P/Es, bankruptcies, high unemployment, raising taxes etc will hit it in the face in the future at some point in time. Hard to say when but

[Moemoney42]

With all due respect Chad I don't buy into that scenario.. the markets have already moved due to the fact that Biden brings rational thought and calm to the markets.. and with all the liquidity pumped into and still being pumped into the economy, the stock market will continue upwwards for most of his term in my opinion, aside from a black swan event which no one can predict. Yes there will be

[Moemoney42]

Have to laugh at DJT finally coming out of hiding to take credit for breaking 30G on the dow.. LOL.. too bad its Biden's effect thats taken it there.. LOL.. but hey.. its all about the Donald though isn't it.. LOL..!

[Chad123]

By no means dont get me wrong...hard to say when, maybe 3-4 years but there is a tingly feeling in my spine that maybe within a few short years, 2 if we are lucky...then BAM, fed is forced to raise interest rates.  Thats just IMO only....

[cahclick]

Well, I believe the market hates uncertainty more than anything. Today Mr Trump handed the market certainty by conceding. I think there will be a honeymoon for "some" period of time until Mr Market decides the new devil has warts too. glta  

[borne2run]

President Trump has NOT conceded.  There will be lawsuits in the Supreme Court.

[westside587]

B2R, you gotta understand, some people get their news from CNN.  

[TheBridge]

It doesn't matter is he concedes or keeps the lawsuits going, his a$$ is grass and CPG will continue its move up partly because Mr. Wonderful is on his way out and the markets prefer political stability compared to a bobbling clown act. The vaccines will help to ignite the economy as people can't wait to get out and moving.