Now you’re being irrational (number)
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and you guys thought this market going down shit was the new norm for 2020...
4% rally bitches!!
OH...
G7 leader has been moved into the ICU with corona...CHECK
quarantine still in effect in a decent swath of the country...CHECK
people losing jobs like it's a fucking bowel movement...CHECK
Q1/Q2 earnings (at minimum) would have to move up a couple of levels to be complete AIDS...CHECK
market rallies 6+% and has already tacked on another 2% as I type...amazing, just amazing...
dji +3000 by tomorrow market open.
Tesla Inc. (TSLA) will cut salaries and furlough non-essential workers at its U.S. facilities until they are able to reopen amid the coronavirus pandemic, the tech news site Protocol reported (https://www.protocol.com/tesla-furloughs- workers-factory-coronavirus) Tuesday night. According to an internal email obtained by Protocol, furloughs will begin Monday, with the goal of ending May 4 if factories reopen then as scheduled. Salaried employees will see temporary 10% pay cuts, while directors' pay will be cut 20% and executives at the level of vice president and above will see 30% cuts, Protocol reported. Tesla announced in late March (http://www.marketwatch.com/story/tes...wn-california- new-york-factories-amid-coronavirus-pandemic-2020-03-19) that it would temporarily shut its Fremont auto factory and Buffalo, N.Y. , solar-panel factory to limit the spread of COVID-19, and last week sharply scaled back operations at its Nevada gigafactory (https://www.theverge.com/2020/3/27/2...a-coronavirus- covid-19). The Buffalo plant may soon reopen to manufacture ventilator components (https://www.wgrz.com/article/news/ local/ tesla -making-ventilators-in-buffalo-new-york-state-leaders-say-thats-not-the-case-right-now/71-21118480-61a7-4f10- af53-830d84a29217).
you know the market is trading sideways when fuckin zoom shows no movement overnight/premarket.
Only 21.6% of hotel rooms in the United States were occupied last week, according to new data from hospitality analytics company STR.
At what point can we expect their stocks to fall?
@michaeljburry is going all tgull on the lockdown.
He’s the MD asperger from Michael Lewis book Big Short.
I guess we are obliged to read it.
Weeeeee
He actually sounds more like that DTHP guy, except all DTHP’s predictions were we’d have a vaccine by Valentine’s Day and the chance of getting it were same as hitting the lotto. So burry is better at math. But otherwise, he sounds like him almost exactly in many ways. Made me wonder if he reads that guys twitter and regurgitates it because it was similar in verbiage as far as comments on how to approach it in a societal sense. Even the same neck of woods geographically
Looks like a red open but maybe not. Futures were off 1.5% last night and are down to under .5
Tesla flying today.....
Was the printer turned on at 11:15ish today?