Your spelling of segue is outstandingMcInnis 03 said:Yes, but have you seen congress' latest proposal? "Emergency Money to the People Act" where your family can get paid up to $5500 a month if you've lost your job, in perpetuity until "the market resumes levels prior to the COVID-19 Pandemic".jj9000 said:
Guys, I don't care how you spin it.
We've got ~19M workers not working. Not generating income. Not using that income to buy goods/services. Domino effect going on.
If you think all ~19M will go back to the same job, making the same money, at the flip of a switch, you're dead @ss wrong.
*DO NOT SEGWAY THIS TO POLITICAL*
But if something like this were to pass the ramification to business would be minimal because people would have TONS of spending cash. That being said, I don't think there's a chance in hell this happens.
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Aggie09Derek said:
All 19m...no. But 12 of the 19? Yeah I do...maybe not day 1 but a month down the road from when things are back to "normal".
Airlines, hotels, cruise lines, sporting events, no way
Oil and Gasgig em 02 said:Aggie09Derek said:
All 19m...no. But 12 of the 19? Yeah I do...maybe not day 1 but a month down the road from when things are back to "normal".
Airlines, hotels, cruise lines, sporting events, no way
I know we don't want TDS/MAGA trolling here, but we literally have politicians in complete control of markets, and many act as if poltics should not be discussed.
Unfortunately, it matters how much, when, and how gov money is delivered to economy. It's a political battle to understand and gauge, to know what may be coming.
Unfortunately, it matters how much, when, and how gov money is delivered to economy. It's a political battle to understand and gauge, to know what may be coming.
I'M A MECHANICAL ENGINEER DAMMITgougler08 said:Your spelling of segue is outstandingMcInnis 03 said:Yes, but have you seen congress' latest proposal? "Emergency Money to the People Act" where your family can get paid up to $5500 a month if you've lost your job, in perpetuity until "the market resumes levels prior to the COVID-19 Pandemic".jj9000 said:
Guys, I don't care how you spin it.
We've got ~19M workers not working. Not generating income. Not using that income to buy goods/services. Domino effect going on.
If you think all ~19M will go back to the same job, making the same money, at the flip of a switch, you're dead @ss wrong.
*DO NOT SEGWAY THIS TO POLITICAL*
But if something like this were to pass the ramification to business would be minimal because people would have TONS of spending cash. That being said, I don't think there's a chance in hell this happens.
Got my eye on VIPS this morning. Low volume premarket but could breakout 18+. Chart kinda setup here.
what fundamentals? The fact that consumers consume and therefore employers employ? So when ordinances are lifted you don't think consumers will go back to consuming? That line of thinking is nuts.vest78 said:Aggie09Derek said:
All 19m...no. But 12 of the 19? Yeah I do...maybe not day 1 but a month down the road from when things are back to "normal".
Not happening. The fundamentals absolutely do not support that line of thinking. I wish you were right.
McInnis 03 said:I'M A MECHANICAL ENGINEER DAMMITgougler08 said:Your spelling of segue is outstandingMcInnis 03 said:Yes, but have you seen congress' latest proposal? "Emergency Money to the People Act" where your family can get paid up to $5500 a month if you've lost your job, in perpetuity until "the market resumes levels prior to the COVID-19 Pandemic".jj9000 said:
Guys, I don't care how you spin it.
We've got ~19M workers not working. Not generating income. Not using that income to buy goods/services. Domino effect going on.
If you think all ~19M will go back to the same job, making the same money, at the flip of a switch, you're dead @ss wrong.
*DO NOT SEGWAY THIS TO POLITICAL*
But if something like this were to pass the ramification to business would be minimal because people would have TONS of spending cash. That being said, I don't think there's a chance in hell this happens.
I'm thinking head fake. May be up today, but ultimately will fall to re-test - either this week, or in the coming.ryanhnc10 said:
This market is stupid
cruise lines don't employ us citizens.gig em 02 said:Aggie09Derek said:
All 19m...no. But 12 of the 19? Yeah I do...maybe not day 1 but a month down the road from when things are back to "normal".
Airlines, hotels, cruise lines, sporting events, no way
Sporting events is seasonal employment
Airlines will be a slower ramp but will comeback in due time
People will still want to travel
True, but history helps a little with this. Market bottoms 3-6 mos before the economy does. The Economy bottoms before unemployment does.jj9000 said:
Guys, I don't care how you spin it.
We've got ~19M workers not working. Not generating income. Not using that income to buy goods/services. Domino effect going on.
If you think all ~19M will go back to the same job, making the same money, at the flip of a switch, you're dead @ss wrong.
Maybe 80% of the 19MM go back to work. The others have more in unemployment than they were making. Allows them to continue to not go backwards. Sadly, they likely spend that money while paying bills instead of holding as a reserve.
SQ down big premarket on a bs downgrade. Could see it V bottom early for a big recovery if markets stay up today. Weekly 60 calls on a V bottom for you guys with big ones or just you degenerate riverboat gamblers
Thoughts on THMO? Up 68% in premarket. Looks like the FDA has agreed that its COVID-19 antibody blood test has been properly validated and can now be distributed.
The discretionary retail, recreation and associated services, gasoline, and transportation services make up about 20% of employment.gig em 02 said:Aggie09Derek said:
All 19m...no. But 12 of the 19? Yeah I do...maybe not day 1 but a month down the road from when things are back to "normal".
Airlines, hotels, cruise lines, sporting events, no way
Cruise lines aren't american.....gig em 02 said:Aggie09Derek said:
All 19m...no. But 12 of the 19? Yeah I do...maybe not day 1 but a month down the road from when things are back to "normal".
Airlines, hotels, cruise lines, sporting events, no way
Sporting events yes but thats a very small #
Hotels don't employ a ridiculous amount of people and yes they will be mostly staffed
Airlines will be running (are now) and i'm sure will be awhile before back up to full staff - the # is very small in the total economy.
Could have just said O&G and that # would have been higher than all of the above.
ROKU continues to roll on in beast mode
This is a short.BB675 said:
Thoughts on THMO? Up 68% in premarket. Looks like the FDA has agreed that its COVID-19 antibody blood test has been properly validated and can now be distributed.
Picked up more long-term shares of WFC at $27...hard not to
If I am having to do it, you do to. Have you look at that AMZN 2200c lotto lately? Dare I ask how many you had bought?
McInnis 03 said:
If I am having to do it, you do to. Have you look at that AMZN 2200c lotto lately? Dare I ask how many you had bought?
I have. Only had 2, but damn...
Hopped in on CADE at just over $5
You guys watching CHWY?
The question is do they consume at the same rate?
DIS with an early flush and bounce right off the 100 DMA on the daily chart.
I got in this morning. Good call.
When exactly did he mention that? I was curious about it since I too love a good lottery, but couldn't find the post on it. If it was back from February, he mentioned 2100, but I didn't see 2200 and I think the time frame also would have expired by now. I likely just couldn't find it though.McInnis 03 said:
If I am having to do it, you do to. Have you look at that AMZN 2200c lotto lately? Dare I ask how many you had bought?
I am, and my 5% gains since buying after hours is doing quite well.Exsurge Domine said:
You guys watching CHWY?
I believe it was 4/7 as that's when I entered my position. I think it was a Twitter discussion he had with PSKTouchless said:When exactly did he mention that? I was curious about it since I too love a good lottery, but couldn't find the post on it. If it was back from February, he mentioned 2100, but I didn't see 2200 and I think the time frame also would have expired by now. I likely just couldn't find it though.McInnis 03 said:
If I am having to do it, you do to. Have you look at that AMZN 2200c lotto lately? Dare I ask how many you had bought?
18.41 nowLa Bamba said:
Got my eye on VIPS this morning. Low volume premarket but could breakout 18+. Chart kinda setup here.
No. After I sell something, I forget about it. Looking back at old positions I had and dwelling on what was left on the table will just screw with me and I'll end up doing something stupidMcInnis 03 said:
If I am having to do it, you do to. Have you look at that AMZN 2200c lotto lately? Dare I ask how many you had bought?
Pushing .63 this morning.oldarmy1 said:I love it when market makers move it up to new highs right at the close, just begging for an after hours run. But if it doesn't hit within 10 minutes people will get ancy and sell.CSTXAg92 said:And it continues to climb.oldarmy1 said:
TTOO finally broke that $0.55
OA & Team -- We still holding NIO? It's been running up & I'm almost back to even. Do we see a recovery back into the $5-6/share range?
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