Is the trophy wife segment still spending? Lulu is one of my favorite stocks and is beat down pretty hard. May grab a chunk
Just outright buying calls or puts is very expensive right now. Consider selling call credit spreads ( if you think market down) or selling put credit spreads (up). These have been working like magic during high volatility the last few weeks.Exsurge Domine said:
At what point do we buy puts on luv thinking a domestic travel ban is coming?
gougler08 said:
Saw 25 new posts and thought some news had dropped...guess not
jj9000 said:
Stimulus
https://seekingalpha.com/news/3554038?source=anshQuote:
Congress is finalizing a coronavirus economic relief bill that will include a one-time $3,000 payment for families and would allow the Fed to add up to $4T of liquidity to sustain the nation's economy, U.S. Treasury Secretary Steven Mnuchin said on Fox News Sunday.
The additional liquidity measures would allow the U.S. central bank to help a wide swath of businesses to get through the next 90 to 120 days, he said.
gougler08 said:jj9000 said:
Stimulus
https://seekingalpha.com/news/3554038?source=anshQuote:
Congress is finalizing a coronavirus economic relief bill that will include a one-time $3,000 payment for families and would allow the Fed to add up to $4T of liquidity to sustain the nation's economy, U.S. Treasury Secretary Steven Mnuchin said on Fox News Sunday.
The additional liquidity measures would allow the U.S. central bank to help a wide swath of businesses to get through the next 90 to 120 days, he said.
Have we seen what the income limit is going to be for the $3k? I've seen numbers all over the place
gvine07 said:
Instead of "payment" they should say "reimbursement" or "loan with overhead and interest".
We all get to pay it back over the next thirty April 15ths
Aggie09Derek said:
I saw one where it was tiered but top level was up to 99k
I'm donating whatever I get if I get it.gvine07 said:Aggie09Derek said:
I saw one where it was tiered but top level was up to 99k
Wasn't it $99k or $198k as a couple? I don't think $1,000 would move the needle much for a couple making $200k
why? That isn't the purpose of the money. It is so that individuals and families will spend it thus stimulating the consumer sector of the economy.barnyard1996 said:I'm donating whatever I get if I get it.gvine07 said:Aggie09Derek said:
I saw one where it was tiered but top level was up to 99k
Wasn't it $99k or $198k as a couple? I don't think $1,000 would move the needle much for a couple making $200k
DId I specify where I am donating?Ragoo said:why? That isn't the purpose of the money. It is so that individuals and families will spend it thus stimulating the consumer sector of the economy.barnyard1996 said:I'm donating whatever I get if I get it.gvine07 said:Aggie09Derek said:
I saw one where it was tiered but top level was up to 99k
Wasn't it $99k or $198k as a couple? I don't think $1,000 would move the needle much for a couple making $200k
fair enough. It is more friction for the dollars before ingestion into the economy but to each their own.Aggie09Derek said:
He didn't say who he was donating to; for all you know it could be directly to a charity that gives to service industry folks who will then go right out and spend it all the end week.
It wouldn't move the needle much for a couple making $190,000 either. Or $180,000. Or $170,000.Ragoo said:why? That isn't the purpose of the money. It is so that individuals and families will spend it thus stimulating the consumer sector of the economy.barnyard1996 said:I'm donating whatever I get if I get it.gvine07 said:Aggie09Derek said:
I saw one where it was tiered but top level was up to 99k
Wasn't it $99k or $198k as a couple? I don't think $1,000 would move the needle much for a couple making $200k
I've actually wondered this for awhile as well. Hopefully someone can answer you.Armyof1975 said:
Sorry, rookie question here.
I have been reading some of this thread and what is "Model T"?
Is that a trading strategy or a stock?
if my family got $3,000 to stimulate the economy we would absolutely buy something we otherwise might not.30wedge said:It wouldn't move the needle much for a couple making $190,000 either. Or $180,000. Or $170,000.Ragoo said:why? That isn't the purpose of the money. It is so that individuals and families will spend it thus stimulating the consumer sector of the economy.barnyard1996 said:I'm donating whatever I get if I get it.gvine07 said:Aggie09Derek said:
I saw one where it was tiered but top level was up to 99k
Wasn't it $99k or $198k as a couple? I don't think $1,000 would move the needle much for a couple making $200k
Making a direct deposit or sending a check is a terrible way to stimulate the economy if you are hoping the recipient spends the money. Those at the upper end of the scale noted above will put it in the bank, they don't need it. Those at the bottom of the income scale will, of course. Those in the middle that could use the money but still have some income (one spouse still working, or both working on somewhat reduced hours) will likely save it out of fear of losing their job(s). If they are going this free money route, they need to put it on a debit card with a 30 day expiration and almost every dime will get spent, by rich or poor alike.
HustlerAggie said:I've actually wondered this for awhile as well. Hopefully someone can answer you.Armyof1975 said:
Sorry, rookie question here.
I have been reading some of this thread and what is "Model T"?
Is that a trading strategy or a stock?