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Mon Dec 31, 2012, 04:20 PM

Was the announcement of no House vote made after 4PM?

The stock market closes at 4PM, and it doesn't appear to have sold off late in the session... was the House 'no vote tonight' announcement made at 4:01?

I didn't have the TV on so I don't have a good sense of the chronology. John Harwood's tweet from CNBC with the news may have come at 3:59 EST... was it embargoed?

Either way, probably a big coincidence.

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Reply Was the announcement of no House vote made after 4PM? (Original post)
cthulu2016 Dec 2012 OP
truebrit71 Dec 2012 #1
Angry Dragon Dec 2012 #2
Wellstone ruled Dec 2012 #3
Lone_Star_Dem Dec 2012 #4

Response to cthulu2016 (Original post)

Mon Dec 31, 2012, 04:22 PM

1. Probably...

...market ran up nice and big at the end of the day too...

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Response to cthulu2016 (Original post)

Mon Dec 31, 2012, 04:27 PM

2. can't have a vote if it will cut into boner drinking time .........

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Response to cthulu2016 (Original post)

Mon Dec 31, 2012, 04:55 PM

3. Some consumer stocks got hammered in the

last 2 minutes of trading. Huge volume at the close and mostly to the down side. Happy New Years all 401's and IRA's you just got ripped by the biggies.

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Response to cthulu2016 (Original post)

Mon Dec 31, 2012, 04:57 PM

4. Market is closed tomorrow, too.

I'm sure all that was taken into consideration by the GOP.

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