Tea Party wins again, plus late investment tip

Tea Party favority Jim Bridenstine beats incumbent Republican U.S. Repr. Sullivan in race for Oklahoma’s Congr. House District 1. Reporters, who in addition to preferring the incumbent in every race, tried to tell us the race was close: 54% to 46%???? That’s close?

But wait, isn’t the Tea Party dead? James Carville today: The Tea Party is Over. Okay, fine, James. Whatever you say, James.

In other non-news, take note of the old adage regarding the stock market: Buy on the rumor, sell on the news.

There’s going to be a ton of news: US Supreme Court decision on ObamaCare and the House vote on impeaching USAG Holder for withholding from a Congressional committee requested documents regarding the gunwalking scandal known as Fast and Furious.

Based on this ancient wisdom, IFO predicts the Dow Jones Industrial Index and other market indexes will go down tomorrow. We don’t know by how much.

 

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About InvestingforOne

I've been investing in various assets by myself using a discount broker for many years. Over that time, I've developed some theories that others might find useful. Plus, there is more to investing than money. Time, talent, work, friends, family all go into developing a good and satisfactory strategy.
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