Holy Mitt Stocks Fall Hard

Mit Romney and Terminators

What a knee jerk reaction from the markets, its bullmitt.

Stocks are falling hard today thanks to an Obama win and the fear of the Fiscal Cliff hits home hard.  It's a big whatever and very sad considering this is how equities repay investors for finally selecting a President.  Its beyond stupid.

The carnage is unreal, the major indexes are all down more than 2%.  Billions in paper money is being washed away, thanks to fear.  Speaking of fear, the iPath S&P 500 VIX Short Term Futures (VXX) is up 6%.  Neat.  Let the dust settle as the HFT and other robots make spaghetti of our stocks.  Mastery turns to 15 Obama Stocks to Buy for a 2012 Win as potential trades.

Hang in there America.