The Mexican stores have TP

IrishTxAggie said:

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The Mexican stores have TP

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Good advice. It's the weekend, so maybe I can get some barbacoa too!

He's talking about this I believe. So not the actual after hours stock market.

Ah, gotcha. I don't pay any kind of attention to those personally. Unless you trade futures, watching them will just give you anxiety IMO.

Did we know about tax credits including small business for hourly wage earners to pay for paid medical leave? That's a huge deal. (Pence talking in PC right now)

This will break some already weak retailers. Mall or retail reits will get hit hard and fringe retailers barely holding on will fold. No way JCP survives much longer. This will break some weak hands in retail.

Yes, the Weekend Dow. its complete trash but I'll play it sometimes especially times like these. Its been spot on the past two months on directionality and pretty close on futures open prices Sunday evening.

I held all my puts yesterday and laid down quite a bit on VIX $60, 65, 70 calls expiring in April as I suspect we're about to have some more hurt in the coming weeks. Every time VIX spikes over $70 I'm buying series of Sep, Oct and Nov puts. VIX futures in severe backwardation right now, if it hits $90 i'll be pretty all in on my options account on VIX puts.

Close to close my options account was down 38% 3/13, good thing I was up 194% the day previous! If we stabilize early some of my plays will be in trouble but I am pretty confident in my strikes and April/May expiries on my puts and on calls I've sold.

Going to start selling puts in the next 1-2 weeks on shares I'd like to own longterm.

IrishTxAggie said:

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The Mexican stores have TP

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Lol! Spit coffee on my phone just now!

gig em 02 said:

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Shifts cash from bonds to stocks because the dividend from a solid company is better than the bond rate?

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Chasing dividend yield is a very dangerous move.

Does anyone have any thoughts on buying RCL right now?

Humor aside, I saw the panic at grocery stores first hand yesterday while the president spoke. I certainly saw and felt number 1, but my gut tells me number 2.

1. Bottom achieved Thursday going into Friday. You buy when everyone panics, right? In 2 months, we gear back up production and get going.

2. This is the 2nd inning, and so much more is at play between now and say, 2 years out, for the virus and impacts play out.

I think we need to come to terms with this as a multi-month and possibly year-long phenomenon.

I'll be looking at a few Kroger call opportunities around Q1 results. Either that or some vertical spreads that can handle that time frame

KMB too. Then short them in Q2

Without looking, Clorox and pg have to be associated as well?

PG portfolio is fairly diverse and not as tied into just TP and strictly sanitary stuff like KMB. CLX actually has a very diverse portfolio as well. So they may take numbers hits in Q2/Q3, but don't think it would be as bad as KMB.

there Is still the false hope that it dies off like the flu in the summer. No way to tell yet.

YNWA_AG said:

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there Is still the false hope that it dies off like the flu in the summer. No way to tell yet.

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Considering the numbers or lack thereof coming out of the areas of the world in extremely cold or fairly warm regions, I'm pretty optimistic this thing is going to get knocked down once April rolls around.

IrishTxAggie said:

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YNWA_AG said:

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there Is still the false hope that it dies off like the flu in the summer. No way to tell yet.

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Considering the numbers or lack thereof coming out of the areas of the world in extremely cold or fairly early regions, I'm pretty optimistic this thing is going to get knocked down once April rolls around.

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Unseasonably warm in TX. We should see the potential impacts of warmer wtx soon.

Its pretty loose in 85 degree brazil, 82 degree bahrain, rising cases in singapore and malaysia, India has suspended all land border crossings and locking down cities due to cases on the rise this week. The usual coronavirus temperature cycle seems to be not as strong with this strain.

We're reaching the tail end of our flu season here and I only have just over a handful of admitted flu patients so this is about the time on the gulf coast we'd start to see a significant layoff of the winter respiratory viruses.

Prognightmare said:

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This is coming to the US. Can you imagine the damage this will cause small businesses everywhere.

Gilead is trending on Twitter

Here are just a sample of the people they are having to deal with.

RGRAg1/75 said:

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IrishTxAggie said:

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YNWA_AG said:

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there Is still the false hope that it dies off like the flu in the summer. No way to tell yet.

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Considering the numbers or lack thereof coming out of the areas of the world in extremely cold or fairly early regions, I'm pretty optimistic this thing is going to get knocked down once April rolls around.

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Unseasonably warm in TX. We should see the potential impacts of warmer wtx soon.

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Even the Midwest had a very very calm winter. Areas in warmer climates aren't being hit nearly as hard as areas with cool/cold weather.

Talon2DSO said:

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Prognightmare said:

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This is coming to the US. Can you imagine the damage this will cause small businesses everywhere.

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Yeah, I am part of a very small company that has a conference scheduled in mid May. People have paid to attend and businesses have paid for booths. We are on the hook for rooms and meals if we cancel, unless we can get resort to agree that we are released due to the "Impossibility Clause" in the contract. But at this point, gathering 100 people in a conference room for a few days seems pretty stupid.

spud1910 said:

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Talon2DSO said:

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Prognightmare said:

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This is coming to the US. Can you imagine the damage this will cause small businesses everywhere.

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Yeah, I am part of a very small company that has a conference scheduled in mid May. People have paid to attend and businesses have paid for booths. We are on the hook for rooms and meals if we cancel, unless we can get resort to agree that we are released due to the "Impossibility Clause" in the contract. But at this point, gathering 100 people in a conference room for a few days seems pretty stupid.

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Got a force majeure in there?

IrishTxAggie said:

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RGRAg1/75 said:

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IrishTxAggie said:

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YNWA_AG said:

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there Is still the false hope that it dies off like the flu in the summer. No way to tell yet.

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Considering the numbers or lack thereof coming out of the areas of the world in extremely cold or fairly early regions, I'm pretty optimistic this thing is going to get knocked down once April rolls around.

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Unseasonably warm in TX. We should see the potential impacts of warmer wtx soon.

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Even the Midwest had a very very calm winter. Areas in warmer climates aren't being hit nearly as hard as areas with cool/cold weather.

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There is a PDF in the following link that discusses the early research on temp/relative humidity for the initial outbreak areas and how they all occur within the 30 to 50 degree North latitude.

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3550308

Talon2DSO said:

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spud1910 said:

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Talon2DSO said:

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Prognightmare said:

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This is coming to the US. Can you imagine the damage this will cause small businesses everywhere.

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Yeah, I am part of a very small company that has a conference scheduled in mid May. People have paid to attend and businesses have paid for booths. We are on the hook for rooms and meals if we cancel, unless we can get resort to agree that we are released due to the "Impossibility Clause" in the contract. But at this point, gathering 100 people in a conference room for a few days seems pretty stupid.

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Got a force majeure in there?

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Yeah, waiting to hear back from the hotel about it. Both Trump's and Abbott's emergency declarations were after our initial contact.

spud1910 said:

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Talon2DSO said:

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spud1910 said:

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Talon2DSO said:

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Prognightmare said:

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This is coming to the US. Can you imagine the damage this will cause small businesses everywhere.

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Yeah, I am part of a very small company that has a conference scheduled in mid May. People have paid to attend and businesses have paid for booths. We are on the hook for rooms and meals if we cancel, unless we can get resort to agree that we are released due to the "Impossibility Clause" in the contract. But at this point, gathering 100 people in a conference room for a few days seems pretty stupid.

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Got a force majeure in there?

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Yeah, waiting to hear back from the hotel about it. Both Trump's and Abbott's emergency declarations were after our initial contact.

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I'm hoping that helps you out. It may considering the political pressures associated with this whole fiasco