Conquer Club

The stock market rally continues for a second day after Donald Trump beat Hillary Clinton, a reaction few expected.

The Dow opened at a record high.

According to data from Jeff Hirsch, editor of the Stock Trader's Almanac , the average decline for the S&P 500 the day after Election Day between 1932 and 2012 was 1.1%. But the S&P 500 rose 1.1% on Wednesday.

Stocks plunged 5.3% in 2008 after Barack Obama was elected. Of course, those were unusually tumultuous times for the market and economy. But the S&P 500 also fell 2.4% after he beat Mitt Romney in 2012.

http://money.cnn.com/2016/11/10/investi ... index.html

mookiemcgee wrote:Won't do much to stave off the huge recession on the horizon!

(to be clear the recession has nothing to do with trump, just lucky timing in his part)

mrswdk wrote:I am enjoying this week so much. The sun is rising again, feeling Trump Trump Trump!