As expected, I ain't getting much (and I'm ok with it, I don't need it)IrishTxAggie said:
Stimulus check calculator
Stock Markets
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Last: 3 hrs ago by spud1910
Mine expire Apr 3 so I'm staying in. This is a bull trap and will tank once main street is disappointed with their stimulus allotment. More cash is going to fill the swamp than actually help the average joe. That plus exclusive online shopping will continue to depress consumer confidence. $1200 might also just be enough to cover rent and expenses for the month in most cases but it wont be disposable income needed to stimulate anything.
"Life's tough, but I'm tougher."
While some may end up taking more home than they would working, I don't know how fast they'll be receiving that money. One article I saw said by the end of 2020. That would be pretty much useless if you have to wait 7-9 months to get paid. If the rollout of payments is a cluster **** (which it likely will be since it's the government), that could cause a lot of other issues.claym711 said:
Everyone laid off just got the equivalent of a 90k salary job, at least for the next few months.
The more people laid off, the better for consumer spending in the near term! How many people are taking a pay cut by being employed? Haha
And small businesses just got at least 100k of free overhead.
Powell this morning "we will not run out of ammunition, that doesn't happen" 
While some may end up taking more home than they would working, I don't know how fast they'll be receiving that money. One article I saw said by the end of 2020. That would be pretty much useless if you have to wait 7-9 months to get paid. If the rollout of payments is a cluster **** (which it likely will be since it's the government), that could cause a lot of other issues.claym711 said:
Everyone laid off just got the equivalent of a 90k salary job, at least for the next few months.
The more people laid off, the better for consumer spending in the near term! How many people are taking a pay cut by being employed? Haha
And small businesses just got at least 100k of free overhead.
It comes with their unemployment checks so they'll start in a couple of weeks and the duration is for 16 weeks.
Well missed my sell by about by 2$. Guess I'm holding these puts.
jj9000 said:
Market gonna lure people back in, just to crush them later.
This is the poster child situation to tell a story of how the markets react to uncertainty. Bad news is better than no news
This is the article I was referring to.Prognightmare said:
It comes with their unemployment checks so they'll start in a couple of weeks and the duration is for 16 weeks.
This comment specifically is what I saw.
Quote:
When and how are payments made?
Payments, according to the bill, will be made "as rapidly as possible" and no later than Dec. 31, 2020. They will be made via direct deposit to an account that the person has authorized for tax refunds or federal payments on or after Jan. 1, 2018.
Notice will be sent to the person's last known address within 15 days of payment informing them of the method and amount of payment. A phone number will also be provided so people can call the IRS in the event they did not receive it.
Mnuchin was on CNBC and said goal was people to get their money within 3 weeks. That's assuming the IRS already has your direct deposit or mailing info though.
ive come to the conclusion the market is rigged
the market is rigged
.
CODE TA WHALES. I repeat, CODE TA WHALES.
I need ZM up to 145 momentarily today. let's do this in about 3 minutes. Thank you.
/s
I need ZM up to 145 momentarily today. let's do this in about 3 minutes. Thank you.
/s
So much for my 248 x 258 SPY strangle.
I don't need it either, but I guess I'll be getting a check.gougler08 said:As expected, I ain't getting much (and I'm ok with it, I don't need it)IrishTxAggie said:
Stimulus check calculator
But I do wonder... I haven't filed 2019 yet, and my 2018 income qualifies, but my 2019 income doesn't qualify. If I get a check in the mail based on my 2018 income, are they going to reconcile the numbers later once I file 2019 and then do something like increase my taxes in 2020 since I shouldn't have gotten a check?
IrishTxAggie said:
Stimulus check calculator
Love how busting it last year and earning a lot of commission helps me get more from Uncle Sam in Rona money, said no salespeople anywhere.
This year sales will be in the gutter and I hope to keep my job.
$TLT APR3 $170 CALLS
9,000 BULL SWEEP
9,000 BULL SWEEP
So let me get this straight... might take someone 8 full months to get their benefits from Uncle Sam to help stimulate the economy
My calls and puts are both going down......that is special.
I feel like I need to sell all of my long holds since everything is green from recent purchases, knowing the real bottom is still in the future, but I just can't shake the idea that the market is so effed up we might have already hit bottom.
Holy S. Thank you Whales.McInnis 03 said:
CODE TA WHALES. I repeat, CODE TA WHALES.
I need ZM up to 145 momentarily today. let's do this in about 3 minutes. Thank you.
/s
Dear SEC, IRS, etc. This is a complete joke. Don't trust what Clay says about our buying power. Thank you.
VIX is contractingBarty said:
My calls and puts are both going down......that is special.
Every knee shall bow and every tongue shall confess
Who was it that mentioned $THC earlier this week or last week? Hopefully you stayed in.
It's interesting for sure. Since 2018, we had a kid and my wife had to quit her job to take care of him as he can't be in daycare. Her loss of salary and our son are not accounted for at all. We should still be fine as our company is in a solid position still assuming quarantines don't end up extended into the summer months.deadbq03 said:I don't need it either, but I guess I'll be getting a check.gougler08 said:As expected, I ain't getting much (and I'm ok with it, I don't need it)IrishTxAggie said:
Stimulus check calculator
But I do wonder... I haven't filed 2019 yet, and my 2018 income qualifies, but my 2019 income doesn't qualify. If I get a check in the mail based on my 2018 income, are they going to reconcile the numbers later once I file 2019 and then do something like increase my taxes in 2020 since I shouldn't have gotten a check?
Sorry all, back to the market and the impacts the bill will have on it.
Barty said:
My calls and puts are both going down......that is special.
They call that move 'The Oyster'
On another note, LADR is crushing today. Up 50%.
Assuming you've filed for 2019, you should be fine.Touchless said:It's interesting for sure. Since 2018, we had a kid and my wife had to quit her job to take care of him as he can't be in daycare. Her loss of salary and our son are not accounted for at all. We should still be fine as our company is in a solid position still assuming quarantines don't end up extended into the summer months.deadbq03 said:I don't need it either, but I guess I'll be getting a check.gougler08 said:As expected, I ain't getting much (and I'm ok with it, I don't need it)IrishTxAggie said:
Stimulus check calculator
But I do wonder... I haven't filed 2019 yet, and my 2018 income qualifies, but my 2019 income doesn't qualify. If I get a check in the mail based on my 2018 income, are they going to reconcile the numbers later once I file 2019 and then do something like increase my taxes in 2020 since I shouldn't have gotten a check?
Sorry all, back to the market and the impacts the bill will have on it.
Luckily, I haven't filed for 2019 and my wife was switching roles in 2018, so we'll get some of our tax dollars back.
Nice, bottom feeding for some $5PTouchless said:
On another note, LADR is crushing today. Up 50%.
Every knee shall bow and every tongue shall confess
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