Stock Markets plummet afeter health care ruling

[no gnu taxes]

http://www.fool.com/investing/general/2012/06/28/whys-the-dows-looking-sick-this-morning.aspx#.T-xyrcXVRxU

After worrying for months about global economic trends, investors focused their attention this morning on one thing: the Supreme Court's decision on the Constitutionality of recent health care reform laws. Stock markets opened lower and continued downward on reports that the Court had upheld the key parts of the laws, including the controversial individual mandate provisions.

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This just guaranteed the GOP the Senate, 10more seats in the House and probably gives Romney the Presidency if he plays his cards right.

[King Mayan]

Yes that's it... Damn Obamacareeeee..

It hasn't been fluctuating for a month???????

[King Mayan]

Market up..

Is this obamas fault??

[jjgold]

Market way up

What a day

[Shafted69]

WTF? Why did Obama make the markets go up ??????????????????

My investments are rising today. It's all Obama's fault!

[Grits n' Gravy]

So it is safe to say the op is a retard?

Tough to vote for either guy. Obama hasn't delivered on a lot of promises and really difficult to back a guy named Mittens who really has not voiced opinions of his own.

[PAULYPOKER]

“The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled. With something so important, a deeper mystery seems only decent.”

John Kenneth Galbraith (1908- ), former professor of economics at Harvard, writing in ‘Money: Whence it came, where it went’ (1975).

[ChalkyDog]

You must not have stock in the medical sector. that part of my portfolio is carrying the rest right now.

[ChalkyDog]

Jesus, didn't even look at it yet today. OP - are you fukkin' simple? Dow skyrocketed and Nasdaq is up 3%. I happen to believe it has to be more about Europe talking Unity than Obamacare.

Man, I watched my stocks yesterday after the announcement, and the medical sector freaking soared. Other places were usually average.

Today, it is up everywhere. Except for the few stocks I own in asian companies.

[Thor4140]

This ass hat was voted a top political poster by another ass hat

[PAULYPOKER]

[King Mayan]

[SharpBoxing]

It doesn't mather that stock prices are going up because the value of the dollar is going down by much more.

My advice is dont invest in the US. Buy gold or invest in foreign stocks.

[Tully Mars 63]

Stock markets been on a tear lately. It's up almost 3000 pts. in the past 52 weeks. And the dollar is even or up a little on most international currencies.

[CarpeDime]

Stock markets been on a tear lately. It's up almost 3000 pts. in the past 52 weeks. And the dollar is even or up a little on most international currencies.

holy f*ck the health care ruling made the stock market go way up and made the dollar gain a little?

that sucks, that will help obama

fuk

mitt will get him though, the real campaign hasnt even begun to start, we'll get him in the super pac part of the campaign

dont worry guys

[Ghenghis Kahn]

obama or romney it'll be the same... do you ever hear about quantitative easing?

[Ghenghis Kahn]

inflation helps the rich and hurts the poor.

[opie1988]

It doesn't mather that stock prices are going up because the value of the dollar is going down by much more.

My advice is dont invest in the US. Buy gold or invest in foreign stocks.

My advice is that you don't ever give anymore advice.

The US is the safest investment in the world right now. I'd give US treasuries a AAAA rating if I could.

[SharpBoxing]

My advice is that you don't ever give anymore advice.

The US is the safest investment in the world right now. I'd give US treasuries a AAAA rating if I could.

[Tully Mars 63]

holy f*ck the health care ruling made the stock market go way up and made the dollar gain a little?

No, the market could give a crap about Obama or politics. They care about making money and only making money.

that sucks, that will help obama

Yes, anything bad for Obama is good even if it hurts the country.

mitt will get him though, the real campaign hasnt even begun to start, we'll get him in the super pac part of the campaign

dont worry guys

I wouldn't count on that. Both camps have a shit ton of cash. Both will have easily reached "market saturation" levels in the swing states by Nov. By that I mean it probably won't matter if one side spends a billion an the other only 800 million in Ads.

If I were pulling for Mitt I'd be counting more on the voter ID laws to help him more then the money the Super Pac's will spend.

[Hotdiggity11]

Looks like the stock market is doing fine these days to me...

[Shafted69]

good call nostradamus ! this ranks up there with the Mayans prediction of the end of the world 2012 !