No blue wave = no draconian legislative being passed so market is up big.

Congrats to anyone holding significant healthcare stocks.

All I buy is healthcare

For now at least since I dont have enough to meaningfully diversify.

split congress most likely means a big surge no matter who's POTUS, just worries me that a bubble will lead such a bad crash.

it has to come down eventually? right? RIGHT?

or are we in the era of utopian investment as human factors are increasingly removed from the market factors which caused a large part of the cyclical behavior historically?

that might be good for IRAs, but it might mean automation replacement is the story of the future.

Crash won't happen unless the fed decides to stop the funny money, which they won't because this whole system is a house of cards. They hope economic output gets back to pre-covid levels so they can slowly wane off the printing and artificially low IR. But that's not happening for awhile.

People need to realize right now how dangerous it is to hold only cash. You have to be in some sort of asset class. Your wealth imo should be in stocks/btc/gold/commodities/homes/tangible property, etc.

Weve already had the crash but it was inflated away in real time

i agree, and have added disc golf discs and MTG cards to my portfolio. half joking, only half tho.

in my disc golf reselling ventures ive made a shameful amount of money.

No stimulus for sometime imo

I think this revival is because the put ratio was just soooo high. People expecting market to tank Election Day and after so smart money went the other way.

I think it’s temporary, and politics per usual will be back in play sooner rather than later

Just holding my same positions

Same.

My plan so far has been pretty good. Grab volatile pharmaceutical stocks, sell covered calls to bring down my basis, buy back the most recent one when it goes near the strike and sell when it hits a good threshold above.

Today's been pretty good.

Had a really good week, probably like many of you. Cant remember a week when I got 7% increase in my portfolio.

Honorable mentions to Roku and Cigna oh and btc

This post was edited by ofthevoid on Nov 6 2020 08:06pm