Druff’s Wynn is still within striking distance on the 5 day comparison.Quote:
Originally Posted by Daly
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Druff’s Wynn is still within striking distance on the 5 day comparison.Quote:
Originally Posted by Daly
Maybe because the president said he wants everybody back to work in a matter of weeks, not months...Quote:
Originally Posted by OSA
Quote:
Originally Posted by Daly
Of course, most (sane) shorties have stop losses which cause them to buy when triggered and it just exacerbates a market going up up up...at least this has to be a big component of today.Quote:
Originally Posted by BCR
They ain't passing shit today.Quote:
Originally Posted by BCR
Stock market has not hit bottom yet.
https://i.pinimg.com/564x/ab/84/e6/a...4463604ee8.jpg
We can all agree the fucking second they pass whatever bill is to be passed will be the time mto go all in short, yes?
yes and when we hit bottom and the dust settles load tf up on flight industry calls.Quote:
Originally Posted by Daly
They are in a desperate race to beat the release of the unemployment numbers ThursQuote:
Originally Posted by Daly
People can’t yet wrap their head around recession. That conversation really hasn’t begun. Look for triggers. Bankruptcies and defaults, unemployment, earnings.
You know the drill.
It all depends on the timing.
For me the battle atm is Fed unlimited stimulus and the chart I posted in that regard - vs - surprise news NYC disaster (portend for rest of USA)
So the entire bill being passed in the senate all comes down to the GOP signing off on allowing people to mail in a ballot in all 50 states for the 2020 election.
I have to say - they aren’t going to go for it and it’s a masterstroke poison pill by the Democrats.
Queen Pelosi breathing new life in the SPY put game.
Arghhhhh
Fed vs Pelosi.
Circadian rhythms so screwed
Republicans should win this, literally start running ads tomorrowQuote:
Originally Posted by Daly
Republicans want payments to you, save small businesses, loan our biggest business money they will pay back
Democrats - want new environment standards, changes to our elections, 100s of earmarks for special funding
Then go on full court press on every news network
Yeah the Dems kinda screwed this up from a PR perspective.Quote:
Originally Posted by abrown83Republicans should win this, literally start running ads tomorrowQuote:
Originally Posted by Daly
Republicans want payments to you, save small businesses, loan our biggest business money they will pay back
Democrats - want new environment standards, changes to our elections, 100s of earmarks for special funding
Then go on full court press on every news network
All they had to do was put forth a version which appeared more little-guy friendly (even if it would hurt everyone long term), and they could get election mileage out of it.
Instead, they stuffed a lot of crap into their version, and made it look like they were exploiting the emergency bill in order to sneak pet project laws into place. Pretty much wrote the Republican attack ads we'll eventually see.
But none of this will matter much if the coronavirus situation drags for many months. Trump will take the fall for that.
did you buy $ZOOM or $ZM?Quote:
Originally Posted by OSA
Decent article in National Review about why cruise lines should be left to solve this on their own: https://www.nationalreview.com/2020/...ital-industry/
I think he wants to know what you think of a 1,500 PE.Quote:
Originally Posted by WillieMcFMLdid you buy $ZOOM or $ZM?Quote:
Originally Posted by OSA
Author of course misses the reasons to bail them outQuote:
Originally Posted by Dan Druff
1. All that debt is good old fashion American manufacturing
2. It would devastate the Caribbean economies and we would end up bailing them out instead.
Elon Musk is God. Remember whose thread this is.
I like cars. I like the Demuro guy. He likes the Y
Sonatine will defend my right to free speech in this thread
https://youtu.be/xAXDcTH6hPw
I think at this point it's better to let them fail, and another company will buy the ships and start fresh.Quote:
Originally Posted by abrown83Author of course misses the reasons to bail them outQuote:
Originally Posted by Dan Druff
1. All that debt is good old fashion American manufacturing
2. It would devastate the Caribbean economies and we would end up bailing them out instead.
In some ways, the industry has been somewhat toxic, avoiding US taxes, becoming increasingly consumer unfriendly, hiding upcharges, and ignoring best practices for disease prevention,
A reboot wouldn't be the worst thing in the world.
idk OSA
I think homeless Palo Alto engineers will find living in the Y to be fairly comfortable.
The rear seats fold down nicely and it’s quite tall.
Otherwise, it’s the worst imaginable time to release a “make or break” vehicle.
ELON MUSK DELIVERS 1,255 VENTILATORS TO CALIFORNIA AFTER BUYING 'OVERSUPPLY' FROM CHINA
Elon came thru. There were some earlier reports he was lying. Props.
I think you two may be missing the point. Pelosi and the house bill is Off the table. The only other thing out there is that 6T proposal from Kudlow/Trump that was talked about to muddle the real story. The reality is this. The only bill that is up for debate is the original GOP bill with an independent committee as to who gets the 500B of loans. The onlyQuote:
Originally Posted by Dan DruffYeah the Dems kinda screwed this up from a PR perspective.Quote:
Originally Posted by abrown83
All they had to do was put forth a version which appeared more little-guy friendly (even if it would hurt everyone long term), and they could get election mileage out of it.
Instead, they stuffed a lot of crap into their version, and made it look like they were exploiting the emergency bill in order to sneak pet project laws into place. Pretty much wrote the Republican attack ads we'll eventually see.
But none of this will matter much if the coronavirus situation drags for many months. Trump will take the fall for that.
Other thing the democrats want is mail in votes.
They are going to repeat that over and over again starting tomorrow morning. “We are ready to pass the GOP senate bill..... all we want is the guarantee everyone gets to vote by accepting mail in ballots in every state....... why do you hate democracy GOP and why are YOU holding up the bill”
It’s going to be said over and over again and they won’t be able to turn the table on this.
It’s bold cotton, let’s see how it works out for them.
Quote:
Originally Posted by abrown83Author of course misses the reasons to bail them outQuote:
Originally Posted by Dan Druff
1. All that debt is good old fashion American manufacturing
2. It would devastate the Caribbean economies and we would end up bailing them out instead.
The cruise lines aren’t getting a “bailout”. They may not even get any of the proposed loans. Fact of the matter is Both carnival and royal have north of 3B of free cash on hand.
There is a big economic impact to ports across the country that in turn pay millions in taxes and generate thousands of jobs even if the Corp doesn’t pay much in federal income tax.
The 6T bill is the GOP bill. 4T in liquidity that’s already happened and then the 2T bill that we are waiting on.Quote:
Originally Posted by DalyI think you two may be missing the point. Pelosi and the house bill is Off the table. The only other thing out there is that 6T proposal from Kudlow/Trump that was talked about to muddle the real story. The reality is this. The only bill that is up for debate is the original GOP bill with an independent committee as to who gets the 500B of loans. The onlyQuote:
Originally Posted by Dan Druff
Other thing the democrats want is mail in votes.
They are going to repeat that over and over again starting tomorrow morning. “We are ready to pass the GOP senate bill..... all we want is the guarantee everyone gets to vote by accepting mail in ballots in every state....... why do you hate democracy GOP and why are YOU holding up the bill”
It’s going to be said over and over again and they won’t be able to turn the table on this.
It’s bold cotton, let’s see how it works out for them.
I stayed up late last night and watched Schumer and McConnell come back to the Senate floor and speak. 100% Democrats were trying to add components and ear marks from what House proposed to the Senate bill.
It seems like most of that nonsense didn’t get added because Republicans held the line and said they were willing to go to the people over the failed bill.
They talked last night that the extra $600 a week might be tied to furloughing workers instead of laying them off and that might come with conditions.
They also said the $350 billion for small businesses may end up being forgivable loans if certain criteria are met.
No collateral required on the loans.
Some other interesting tidbits as well, Schumer said they were on the 2 yard line and they started the day on the 5.
The last 2-3 days will be a chapter in the Michael Lewis book on Corona when it’s published and a major part of the movie.
This is what is most infuriating to me. A loan to a distress, and worthwhile business is one thing --even with great terms, but fuck these giveaways.Quote:
Originally Posted by abrown83
Druff, maybe you can apply for one of these forgivable loans?
You can show them that, you know, you run this site at a loss... and need help.
Not saying but just saying marriot stock has been a rocketship the last 2 days sell once it goes back to 100
I mean that is If you got in at 73 like a genius
The Wynn vs NCL/CCL sprint was not postponed
Coming into the final turn we are still in a 3-way race for best 5 day return.
They all are gonna cross the finish line today or tomorrow get a reflective blanket and puke their guts out.
Was fun
gg Druff
Oh yeah, the Fed (and Treasury) always win. Fucking incredible chart.
Missed your message Simp. Yeah, smashed it but our business is closed so it’s a hedge against death.Quote:
Originally Posted by SanlmarSonatine 160’s in the money?
No We are gonna go on a run.
This disconnect between Fed and Market will be fixed.
I see the big man doesn’t want the states to release unemployment numbers.
That’s the question. The conversation will inevitably shift negative again. Everyone knows the unemployment #’s are coming.Quote:
Originally Posted by BCR
Everyone is usually wrong but these # soooooooo bad.
It’s a desire for news censorship which seems like the next logical progression in our fine country.
Quote:
Originally Posted by SanlmarThat’s the question. The conversation will inevitably shift negative again. Everyone knows the unemployment #’s are coming.Quote:
Originally Posted by BCR
Everyone is usually wrong but these # soooooooo bad.
It’s a desire for news censorship which seems like the next logical progression in our fine country.
Cramer was referencing Demark stating that this bump will not last and its not the true bottom as we will progress downward again with more corona news
I'm a noob when it comes to these specific economic issues, but why would the actual unemployment numbers even matter right now? Everyone knows its high, it's government mandated unemployment. I would think that number wouldn't matter until all the states re-open for business and we see how many small businesses closed up shop for good.Quote:
Originally Posted by SanlmarThat’s the question. The conversation will inevitably shift negative again. Everyone knows the unemployment #’s are coming.Quote:
Originally Posted by BCR
Everyone is usually wrong but these # soooooooo bad.
It’s a desire for news censorship which seems like the next logical progression in our fine country.
I chose CCL as my main horse becuase it had 4B in cash and as a result wasn’t going to zero. NCL will end up being the winner here but that SOB may have gone bankrupt.Quote:
Originally Posted by SanlmarThe Wynn vs NCL/CCL sprint was not postponed
Coming into the final turn we are still in a 3-way race for best 5 day return.
They all are gonna cross the finish line today or tomorrow get a reflective blanket and puke their guts out.
Was fun
gg Druff
Oh yeah, the Fed (and Treasury) always win. Fucking incredible chart.
Missed your message Simp. Yeah, smashed it but our business is closed so it’s a hedge against death.Quote:
Originally Posted by SanlmarSonatine 160’s in the money?
No We are gonna go on a run.
This disconnect between Fed and Market will be fixed.
MGM is another stock on the move as is Delta. Delta has a nice Balance Sheet for a airline.
kinda like one of those things you don't truly realize how bad it is until you actually put hard, fast data towards it...Quote:
Originally Posted by gutI'm a noob when it comes to these specific economic issues, but why would the actual unemployment numbers even matter right now? Everyone knows its high, it's government mandated unemployment. I would think that number wouldn't matter until all the states re-open for business and we see how many small businesses closed up shop for good.Quote:
Originally Posted by Sanlmar
anything that detracts from stonks being up 15ish% from the lows is a bad thing in the minds of the dear leader...anything that detracts from the record low unemployment is again a bad thing...
obv everybody knows about the reality of how dogshit it's gonna be, but what will the perception of that reality be...at the end of the day that's all that really matters...
JBLU has what I see as an island baby bottom formation on the Daly [sic]. Two gaps - one going down and now one up. That’s strong shit and makes me stop thinking cynically this bankrupt batch of crap is just a joke. It’s real
emini test coming up but I think it will pass
With regard to the employment numbers not really mattering. In our world of infotainment - these numbers are depression level bad. It will be the chatter. They need something to keep your attention.
I still think we are fucked but you surf the wave
Easter is coming
If you disregard all the stonk bullshit, look at oil. I know GBCP respects that indicator. A dollar move up today. That’s life affirming economic green shoots.
https://www.senate.gov/legislative/f...ivity_pail.htm
cool cool republicans are taking this opportunity to quote scripture and demand blood retribution on china instead of voting.
Quote:
Originally Posted by GambleBotsChafedPenis
Breathtaking move todayQuote:
Originally Posted by GambleBotsChafedPenisQuote:
Originally Posted by GambleBotsChafedPenis
Hope you filled up all your SUV’s
Don’t know what you’re doing but never has the last 30 minutes of the day been so important.
And then again, Booking.com (travel) , Cintas (employee uniforms) , Avalon (rental real estate) . All up. No reason. Technical bullshit
Right hand to Druff, not one second of even visual contact with CNBC. Mind feels so pure
That's how I like my Investing zero rhyme or reason tail me on this marriot play idiots its bailing me out yuuuge
To give you some kind idea how crazy the market has been.
I own 2200 shares of RCL now (including 1700 shares of all-time, for the record books, terrible gamble).
I own the shares for around $80/share
But! LoL volatility, my actual cost per share is like just under $50 because of the options game.
So at one point, I was down $67,000, I am now down about $15,000.
If by January 2021 stock hits 80, I am out with about $65,000 in profit, if not I still own 2200 shares at whatever the market price is at.
I might write a book about this when it's all done.