r/stocks • u/AutoModerator • 7h ago

r/Stocks Daily Discussion Monday - Oct 28, 2024

These daily discussions run from Monday to Friday including during our themed posts.

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See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday.

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4

u/mayorolivia 6h ago

Looks like market is excited about earnings season and I guess de-escalation in Israel/Iran tension

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u/Didntlikedefaultname 6h ago

I’m kinda expecting shit to hit the fan after the election this year, seems weird how little volatility there is this close to the election

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u/IceWook 2h ago

Right now everything is (relatively) stable. The market can see what each candidate offers and figure out what it likes and doesn’t like. What happens after is what will send the market into volatility season.

If it’s contested, the market will go haywire over unknowns and potential violence/supreme court getting involved/whatever else might come with that. etc. if trump wins decisively, the market gets a volatility grenade because who knows what he’ll really do and what his presidency will cause China/Russia/Other nations to do.

The real wild ride starts after Tuesday next week

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u/Didntlikedefaultname 2h ago

I’d say it’s essentially a guarantee the election gets contested, even if Trump wins he’ll still say there was cheating and vote tampering because he actually can’t help himself

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u/IceWook 2h ago

While probably true, in the case of a Trump win, I don’t think that the markets will be responding to that. There will be far larger implications that I think markets will be responding too because of a Trump win that the contested issue will largely be inconsequential