JBLU withdraws Q1 and FY guidance...rut roh….
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JBLU withdraws Q1 and FY guidance...rut roh….
yeah not too surprising since it seems them and the Saudis told each other and the world to fuck off...
Saudis can make money at very low prices obv, but US shale is obv fucked at these prices...love to find a good source to read on this, but interesting the Saudis would take this move to basically fuck over their defacto army (the US) in one felt swoop...
RH fucking me again. Says pending but then I cant cancel and resubmit.
:popcorn:
Circuit breakers just kicked in
Holy shit
somebody made some money in the last 10 hours...
if you want to be able to process orders in real time before like 10:30am on a normal day, you should not be on a commission free broker.
im going long chaturbate tokens right now...gotta be the best investment out there right now IMO..
san at this point they might comp you a presidential suite if you agree to come in for dinner...reminds me I have to restock on marshmallows...
anyone have any thoughts on why ALK is somehow immune to this... turbulence?
this is 100% pure speculation...most of their routes/revenue are from servicing the state of Alaska so they are insulated from all this coronavirus shit...people are still flying within Alaska because they have to in order to function as there aren't any other transportation methods to get from point A to point B in some spots...
also their main input cost is fucking tanking to shit (even though they probably have a lot of that cost hedged someway)...
i really wanted to post this picture last night, but got lazy...but this version takes the cake...
ALK is actually the primary shuttle flight out of SEA to all the major west coast airports, last i checked. its very strange honestly. it was one of the first airlines i coronabet against and was far and away the most profitable until late last week, when it seemed to decouple from the general airline price trends. it actually closed green last week when DAL was down like 3% or something. its all very strange.
watching algs go broke because they dont understand macro trends is my new pornography.
Market rebounds by EOd or we see SPY 220
no that makes total sense that SEA would be their main hub airport...
again just really quickly pulled this up and didn't read the 10K so take this interpretation with a grain of salt...doesn't look like my original theory was right...looks like they actually lose money on 'regional' service, which im guessing is all the shit they do in the state of Alaska and they make all their money in their 'mainline' service which im guessing is everything outside of the state...that definitely makes you scratch your head on what is going on...id would guess that they are servicing a lot of west coast/Asian destinations, which obviously should be getting bent over...
i mean, occams razor... the meat has been stripped from the bones at ALK and i should cash out my positions because time decay is going to offset future returns.
but like daly pointed out, this really feels like we are sliding off a ledge and im so deep into the fucking money on these things that the returns are exponential.. its a tough call but ill probably gambewl.
lol that said, this is not normal at all:
My father texted me this morning
“HaHa” with a catching a falling knife emoji.
Sent me a portfolio snapshot where he had moved his IRA to 50% cash / 50% gold in early January.
I asked how the non-retirement accounts were doing, he replied “still better than yours.”
Thanks dad, two burns in under 60 seconds.
I took a deep bath on RCL, but was able to sell a bunch of big premiums to offset about 40% of the cost, hooray volatility.
market rising on... [ spins wheel ]... trump tweeting that obama/biden administration was most corrupt in history.
this should shave another 2% off spy.
Hope you guys are having fun.
i expect another curious late day rally and i also expect it wont last.
Saudi Russia Cold War.
Serious business as Putin is barely in power. Russia NEEDS that dough. It’s a declaration of war.
Like the Saudi royal family needs a food taster.
Kushner met for hours recently with the new Saudi kings or whatever they call themselves. And Kushner is Jewish. Saudis are most obsessed with that than PFA. This is no joke this oil thing.
The Corona will come and go. It was a catalyst. Crude at $30 will pick up the slack. There is a whole event chain happening.
HODL
just wait until the banks have that come to jesus moment about dem Permian basin loans they wrote...rut roh…
again I really applaud the Russians and Saudis for this move...telling errrrrrrrrbody to go fuck themselves...
now if youll excuse me gonna go use up the cash I don't have invested in the market right now to go buy a pick up truck that gets 5 MPG and belches exhaust like a motherfucker....
Daly gonna see $1.80 at the pump in Florida. Not kidding.
...... and he has a Tesla.
I need you to feel me on this. Russia is gonna bleed. Putin is dangerous. He knows they come for you when you are weak. Read my post above. Saudis can outlast most everyone.
Fucking look at Halliburton. Fuck. But the geopolitical tension with Russia is the thing to hold onto.