How is the US election affecting the stock market? đŸ‡ș🇾

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21

Think it’s still too early to tell (unless you’re Trump!).
All the postal votes still to be counted are expected to favour Biden. If this isn’t the case/doesn’t have a big enough impact, Trump will most likely clinch it.
I don’t think the US markets are gonna like the uncertainty today
 (and Trump’s premature claim of victory).

22

Already a reversal with Tech looking very favourable. Cloud stocks and FAAMG up big
Value stocks taking a beating pre-market
Solar stocks are also down indicating that democrats may not have as much power if Biden were to win

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23

Trump was 1-3 on betfair 5 minutes ago and is now near evens, last night Biden was 1-2.
Could have made a fortune trading.

25

Fair play.

The markets will likely subdued until it’s clear who is the winner. I’ll check my positions to see if there is an opportunity to add more on the cheap.

26

US Tech looks very bullish today :slight_smile:
Likely one of the best days in the year.

27

Biden 1/4 Trump 3/1. Its not looking good for Donald, its going to get messy

28

Unfortunately it’s looking like Trump is going to win to me

looking at the number of EC votes the remaining states have. Mich. Pa, N.C. and Ga seem to have most of them, and Trump is ahead so far in those states according to this

29

I think whoever gets Michigan will win and at the moment that’s looking very good for Biden

30

That misses the fact that the outstanding votes are largely absentee. Looking at the current totals isn’t particularly useful when the outstanding votes will skew very differently.

If demographic trends hold it looks like a fairly narrow win for Biden once the remaining votes are counted.

I think the real news is for the senate which is looking v unlikely now. That will obviously hurt Biden’s ability to get big change through and will hurt things like green energy.

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31

I hope you are right, I’m pessimistic at the moment

32

Michigan has turned blue on the bbc’s map, it was red when I first posted. maybe things are looking up for Biden

33

Odds have turned in favour of Biden. If he wins Michigan, Nevada and Wisconsin where he currently leads, he has the 270 majority.

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34

It could end up being decided by the congressional districts in Nebraska and Maine and tbh I have no idea what’s happening there. I thought the second Nebraska district was called for dems but now looks republican and I think Maine will go completely for Democrats but if trump wins both districts he just needs Pennsylvania, North Carolina and Georgia

35

The Nebraska one is called for Dems by all media (even Fox). That means the Maine one doesn’t matter if my above scenarios works out.

36

Trump is squirming on Twitter. He knows hes lost

37

I think you’re right but it’s going to be the closest election since 2000 and the senate is going to stay republican so it’s still not a fantastic night for the democrats

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38

If I’m honest I am totally bewildered by the American markets today. High percentage increases when there is so much uncertainty. My own stance is to just watch today and do nothing stock wise.

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39

Markets rally if Biden wins, markets temporarily sink if a shock win for Trump


40

I think tech, healthcare and a few other sectors are benefiting from the idea of divided government that will reduce the chances of any significant policy changes

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41

Never bet against market :smiley: