https://www.bloomberg.com/news/articles/2020-04-09/ultra-wealthy-pull-cash-from-mansions-to-buy-beaten-down-assets

?itemid=15394428

No stipulations on the checks being handed out in regards to how the money is utilized. Agreed that Class A will hold up better than B & C. As always some citizens will be responsible and pay off their debts while others will go out and buy TVs etc.

oldarmy1 said:

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Shift 25% of gains from USB into those May 15 BAC $30 calls

USB reached target.

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All right dude I'm following you, bought 65 of them. Let's see what happens

I just sold my JPM last week.

BB675 said:

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I just sold my JPM last week.

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I bought all last week

Exsurge Domine said:

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oldarmy1 said:

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Shift 25% of gains from USB into those May 15 BAC $30 calls

USB reached target.

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All right dude I'm following you, bought 65 of them. Let's see what happens

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I'm in as well. Cheap gamble.

And I followed the guy buying 11k of them

Was that the "tricksy" move I always tell you guys about. SPY busted above that $281 mark and then here we go with the quick drop just below trendline. Bulls are trying to recapture it now, so the battle is on. I'll post chart intraday shortly.

https://finance.yahoo.com/calendar/earnings?from=2020-04-05&to=2020-04-11&day=2020-04-09

Earnings announcements are upon us. Thought I'd post this for y'all to keep in mind for timing of contracts/purchases. Upper right you can search by ticker symbol easily to see companies you're interested in.

HoustonAg_2009 said:

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No stipulations on the checks being handed out in regards to how the money is utilized. Agreed that Class A will hold up better than B & C. As always some citizens will be responsible and pay off their debts while others will go out and buy TVs etc.

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Yeah, lots will spend it like crazy, but I figured that the owners would email or make known that we are fine with delays in payment, but due to the unemployment provisions you will be getting, you will be expected to lump sum it once you get that money.

If Roku can break this 93.50/94 area, it looks like it can move to ~100.

I've got to think today is like the last few Fridays. Sell off late. Who wants to hold longs over a 3 day weekend after the week we've had to the upside? Thoughts?

I bought $279 puts on the uptick just in case.

That's the risk. If no further bad news and an uneventful weekend then you have better than decent odds of continuation. A lot of shorts are entering in right now thinking just like you are and if the bulls have the momentum those short sellers will be their fuel. That said, convert into options any stock you see further run and buy the SPY hedge.

I wouldn't buy the call side this time. Your stocks or options will move hard if we do break this $281 today or Monday.

Huge volume of ford puts 5.55 may 15

Why do I keep seeing conflicting data on MOMO re: dividends? TDA doesn't show dividend info, and other places say it doesn't pay a dividend... while some places show dividends as of 4/8. What gives?

Am I looking at the right stock? MOMO Inc. - American Depositary Shares

[url=https://ibb.co/q5LNpBX][/url]

I see that the dividend is paying out on April 30th

My APR 17 20 $105 Disney Calls are looking pretty good... (+$2.30 / 143%) . What say you Wise Board? Is there more room to run, or should I bail now while ahead?

So follow the money....got it.

jj9000 said:

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12thMan86 said:

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I've got to think today is like the last few Fridays. Sell off late. Who wants to hold longs over a 3 day weekend after the week we've had to the upside? Thoughts?

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If the Fed is going to pay your car note, your mortgage, and give you a 20 spot for Chick-Fil-A lunch each day, does it really matter?

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Seriously, I'm starting to look at these 22% yield REITs and wondering if the FED isn't just going to keep them afloat no matter what.

NET down 6% today. Anyone smarter than me know why or have an idea how much further down it could run?

Is MFA worth a long-term hold at less than $2?

jj9000 said:

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12thMan86 said:

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I've got to think today is like the last few Fridays. Sell off late. Who wants to hold longs over a 3 day weekend after the week we've had to the upside? Thoughts?

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If the Fed is going to pay your car note, your mortgage, and give you a 20 spot for Chick-Fil-A lunch each day, does it really matter?

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Damn good point!