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22,119,441 Views | 224619 Replies | Last: 1 hr ago by oldarmy1
Exsurge Domine
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CrazyRichAggie said:

La Bamba said:

For tomorrow




That would be about 15 MM or so since this all started?


Crazy to think about it. 1 out of every 30 working Americans is losing their job every week.
Exsurge Domine
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RoyalOak00 said:

Just bought 10 shares of CHWY after hours for 43.90. Fingers crossed for a quick buck or two tomorrow.


Let's Goooooooooooo
khaos288
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AG
Main Street and Wall Street on totally different paths apparently
SW AG80
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AG
Grown Pear said:

AMZN earnings next week. Anybody think they knock it out of the park and price shoots up higher?
Hope so. I have gone main stream the last few months. AMZN and Microsoft. Getting back into ROKU when I have some money free up early next week. These are all long term holds.
WoMD
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Exsurge Domine said:

CrazyRichAggie said:

La Bamba said:

For tomorrow




That would be about 15 MM or so since this all started?


Crazy to think about it. 1 out of every 30 working Americans is losing their job every week.

And this doesn't include a lot of people who can't apply yet, like myself. The self employed and gig workers aren't able to do it yet, since it's through the individual states system. California EDD hasn't figured out how to implement the changes to include us yet, so we just have to wait until their "we're working around the clock to get this going" actually lets us apply. So maybe sometime next year...
Exsurge Domine
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khaos288 said:

Main Street and Wall Street on totally different paths apparently


As a small business owner I can tell you that the $1200/1200/500 stimulus given to Joe Q. Public was only a smokescreen for the massive stimulus/bailout to Wall Street. If you expected any different I've got some beachfront property in Omaha to sell you

ETA: the PPP was actually pretty badass though
YNWA_AG
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Didn't realize that Netflix now has a bigger market cap than Disney
Exsurge Domine
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YNWA_AG said:

Didn't realize that Netflix now has a bigger market cap than Disney


Even weirder is that Tesla's is 3x Ford and GM's combined
Grown Pear
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Fightin_Aggie
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La Bamba said:

For tomorrow


I think they under shot last week and the number comes in above that
The world needs mean tweets

My Pronouns Ultra and MAGA

Trump 2024
Fightin_Aggie
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WoMD said:

Exsurge Domine said:

CrazyRichAggie said:

La Bamba said:

NFor tomorrow




That would be about 15 MM or so since this all started?


Crazy to think about it. 1 out of every 30 working Americans is losing their job every week.
And this doesn't include a lot of people who can't apply yet, like myself. The self employed and gig workers aren't able to do it yet, since it's through the individual states system. California EDD hasn't figured out how to implement the changes to include us yet, so we just have to wait until their "we're working around the clock to get this going" actually lets us apply. So maybe sometime next year...
Just tell'em your an illegal
The world needs mean tweets

My Pronouns Ultra and MAGA

Trump 2024
McInnis 03
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WSJ knows his stuff.
AgEng06
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Thank you, sir.
leoj
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Grown Pear said:

AMZN earnings next week. Anybody think they knock it out of the park and price shoots up higher?


Revs probably, earnings and cash flow who knows.
Exsurge Domine
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Any idea what sent KHC vertical AH? I bought some on a CheddarFlow tagalong call, and thought I'd crap out tomorrow but the 5% AH spike has me feeling good
Carlo4
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I think the number will be around 6.6 million again for a third time... proving that's the max they can process one week at a time given the situation.
moses1084ever
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Anyone following PSTI? Quite a pop over the past few days, it's optionable too.
Maedan86
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Me and my group of about 12 use slack (WORK) at work and much prefer it over WebEx. The techs and data geeks ( which I am not !) chose it over all other televideo options. I love it. I'm an older guy and find it much more intuitive and easier use than WebEx. B/c of this I bought WORK in early March in the 17s and got out a week or two ago in the 26s. I haven't used zoom and wondered why it's price action was better than WORK. I'll be looking at getting back in.
Maedan86
Ragoo
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For p2p Microsoft teams is better.

For meeting Zoom is great.

Never used slack.
OverSeas AG
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Every knee shall bow and every tongue shall confess
DON'T TREAD ON ME
khaos288
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Ragoo said:

For p2p Microsoft teams is better.

For meeting Zoom is great.

Never used slack.


Slack + zoom is what my company uses and I can't imagine ever going back to Microsoft products. Everything is so easy now. It's like apple products. Just works.
claym711
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What will Powell/Mnuchin/Trump trot out tomorrow to blunt unemployment numbers?
ProgN
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claym711 said:

What will Powell/Mnuchin/Trump trot out tomorrow to blunt unemployment numbers?
$30,000 Millionaire
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I'm a big slack fan. Works really well. We've started using teams for document collaboration and that's also A+. Also use Webex. I have my own DX-80 and it has been a life saver with Covid.
$30,000 Millionaire
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Guessing we have between 5 and 6M claims. If my math is right, that's 22-23M. I just saw that bestbuy is going to furlough 50K workers and JCP / Neiman Marcus are on the verge of chapter 11. JCP skipped an interest payment.
ProgN
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so true
khaos288
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Exsurge Domine said:

khaos288 said:

Main Street and Wall Street on totally different paths apparently


As a small business owner I can tell you that the $1200/1200/500 stimulus given to Joe Q. Public was only a smokescreen for the massive stimulus/bailout to Wall Street. If you expected any different I've got some beachfront property in Omaha to sell you

ETA: the PPP was actually pretty badass though


Oh yeah I'm aware. I know it's "crazy socialism" probably (compared to regular corporate socialism?), but I laughed at the dollar figure of what would happen if we just cut every single dollar of the bailout to citizens. Then let the market decide who lives and who gets bankruptcy. 5T divided by 350 million is 14,000+ per person. That would be a crazy way to do it, but would be fun to see haha
thirdcoast
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That would be a safer more efficient way to stimulate. Think of how may middle man hands are in the pot and how much abuse there is going to be. Companies with balance sheets headed to Ch11 pre-CV19, should not be "saved" or "bailed out". Just wait till politicians go back to work in May and start picking winners and losers ...."regulators mount up".
Brewmaster
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thirdcoast said:

That would be a safer more efficient way to stimulate. Think of how may middle man hands are in the pot and how much abuse there is going to be. Companies with balance sheets headed to Ch11 pre-CV19, should not be "saved" or "bailed out". Just wait till politicians go back to work in May and start picking winners and losers ...."regulators mount up".
Ernest Tucker
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How much of the unemployment numbers are furloughed employees? Aren't large employers making strategic decisions to furlough many employees who will now get paid more than they did while on payroll, keep insurance and who will be quickly rehired when things open back up? Under those circumstances, do the unemployment numbers carry as much gravity as they normally would?

Best Buy would be a good example

(2nd edit: this is not a rhetorical question. I lurk this board to learn and am just wondering aloud).
98PercenterAg
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I think that is the case more than we might think. I know of a handful of people who had their employer recommend them switch to COVID unemployment because the employee will actually make more $ and the employer can save that during the down time. Got to love when government saves the day.
La Bamba
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Futures turned around a few hours ago from ~0.4% down to ~0.5-0.8% up. Unemployment numbers out in a few hours.
IrishTxAggie
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Don't you people ever sleep?!

I've got an excuse to be up at 3:30AM... What about the rest of y'all?!
AggieKeith15
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Count me in the shameful to be awake group. I have no idea what this market is doing, it's absolutely wild.
Aggie_2463
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I've got a 1 year old....Yeah so I'm awake
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