ELON TUSK IS GOD

[Sanlmar]

It’s a perverted way of delivering social welfare. I was just imagining how it will go wrong.

Everyone keeps talking about how people on unemployment are doing better than actually working. I mean EVERYONE. What nobody mentions is these people don’t have health insurance in the midst of a pandemic.

If they are paying for insurance isn’t that a thousand or two a month?

How are they better off? This is just lazy analysis.

People on welfare do lol. This is like hitting the lottery for most.

Once the smoke clears the feds will be getting there money back. For now people can be N_GG_R Rich.

I like to buy a vowel Pat.

You want to buy a vowel on credit?

[badguy23]

People on welfare do lol. This is like hitting the lottery for most.

Once the smoke clears the feds will be getting there money back. For now people can be N_GG_R Rich.

I like to buy a vowel Pat.

You want to buy a vowel on credit?

LOL yes plz. I like a O!! Then $795 a week plz.

[Sanlmar]

Credit peter mcneil, baron and other usual suspects

Peloton PTON ran and ran since I expressed my short idea. I know it’s PFA but I took it seriously when everyone I know says they are going to relapse. You will note I didn’t argue.

Saved me some dough. I prolly would have taken a stab.

Strong stock on bad day today.

[sonatine]

Credit peter mcneil, baron and other usual suspects

Peloton PTON ran and ran since I expressed my short idea. I know it’s PFA but I took it seriously when everyone I know says they are going to relapse.

Saved me some dough. I prolly would have taken a stab.

Strong stock on bad day today.

to your point;

crossed under SMA tonight, MACD crossover, RSI dipping offa overbought..

but... BUT... how much of this was just fauci tanking the market? plus the 180 sma is reeeeal strong uptrend still soOoooOOooOO

[sonatine]

IBMs about to fucking explode..

[Sanlmar]

Credit peter mcneil, baron and other usual suspects

Peloton PTON ran and ran since I expressed my short idea. I know it’s PFA but I took it seriously when everyone I know says they are going to relapse.

Saved me some dough. I prolly would have taken a stab.

Strong stock on bad day today.

to your point;

crossed under SMA tonight, MACD crossover, RSI dipping offa overbought..

but... BUT... how much of this was just fauci tanking the market? plus the 180 sma is reeeeal strong uptrend still soOoooOOooOO

This is the one case where I’m going to ignore technicals. I will be punished I’m sure.

I’ve opened the store. Did it for a quite a while at one point. I liked the quiet.

Fade in

New England winter morning. 5:15am. 15 degrees light snow.

Exterior shot

7 members lined up outside of locked glass double doors. Each is clutching a gym bag. Some hold fresh dress shirts on hangers under plastic. Their expressions are hopeful yet anxious.

The gym doesn’t open til 5:30am. First spin class is 5:45am. The opening process requires lights to be turned on and it’s impossible to leave the members outside in the cold. I let them in early. Gradually, that early entry starts to creep earlier and earlier.

Seconds count. These people do their spin, shower, put on their business dress and join the traffic into the city. It’s a rush but they are committed.

I used to joke with the women about “the transformation”. I am dreadful with faces and literally don’t associate the woman leaving with the unmade-up woman who entered. Woman loved hearing the “transformation” rap.

I am going to be curious whether this morning spin ordeal will survive. Spin is filthy. I am not getting in front of Peloton til I collect some anecdotal evidence. How many already have PTON? These people already proved how committed they were. They didn’t just quit cycle during the lockdown. Right?

EVERYONE is doing online spin.

I might scalp but I ain’t stepping in front of the train. Not yet. We will know soon.

[sonatine]

so if you want to talk holistics, try this on for size.

credit card debt just imploded. everyone paid off the cards.

why?

because everyones terrified of losing their jobs, or has already lost their jobs.

id say 80% of everyone who will own a pelaton in the next 12 months already owns a pelaton.

it had a huge run up because it was undervalued given current circumstances and because everything that happens in the market is dramatic overreactions, there will be a pullback.

looking at you zm.

[sonatine]

that said when i talk about actionable TA im always talking short term. jim simons didnt get his groove back until he started focusing on big volume / huge cap / short term movement.

when we talk about a return to the organic mean, i mean, that could be a slow dive through winter.

who the fuck wants to have their capital tied up in PTON earning 1-3% a month and constantly worrying that kendall jenner is mention them on IG and run their stock up 15% in an hour?

[sonatine]

spce is being weird again. branson selling 12% off to fund the rest of his crumbling empire.

[Daly]

IBMs about to fucking explode..

That’s a company that like, has profits and stuff and like pays a dividend.

Take these boomer stonks TF out of here

[Daly]

Invisible hand of the fed trade is on.

Gambling the Fed makes the 2840 S&P resistance point hold and pushes us up past the quickly sinking 200 day moving average at mid 2900’s and onto 3000.

Few hundred billion takes us over 200 day MA and takes out the market sub 2600 for a long time barring another full on crash.

Makes too much sense.

[Sanlmar]

so if you want to talk holistics, try this on for size.

credit card debt just imploded. everyone paid off the cards.

why?

because everyones terrified of losing their jobs, or has already lost their jobs.

id say 80% of everyone who will own a pelaton in the next 12 months already owns a pelaton.

it had a huge run up because it was undervalued given current circumstances and because everything that happens in the market is dramatic overreactions, there will be a pullback.

looking at you zm.

You just made me consider something I had not before. Wow.

Can you link me something?

I know people are hoarding and saving. Not spending. Did not consider consumer credit. I believe you.

I will tell you business cards have got to be experiencing the opposite. If you are running a service business you are holding onto cash.

Our business cards are maxxed

If you decide to BK with a maxed card. That’s the game


ZM, that guy stepped on his dick more than once. I was always refreshed with his candor. Genuine respect. I tip my cap but no fucking chance with that land mine.

[sonatine]

so if you want to talk holistics, try this on for size.

credit card debt just imploded. everyone paid off the cards.

why?

because everyones terrified of losing their jobs, or has already lost their jobs.

id say 80% of everyone who will own a pelaton in the next 12 months already owns a pelaton.

it had a huge run up because it was undervalued given current circumstances and because everything that happens in the market is dramatic overreactions, there will be a pullback.

looking at you zm.

You just made me consider something I had not before. Wow.

Can you link me something?

I know people are hoarding and saving. Not spending. Did not consider consumer credit. I believe you.

I will tell you business cards have got to be experiencing the opposite. If you are running a service business you are holding onto cash.

Our business cards are maxxed

If you decide to BK with a maxed card. That’s the game


ZM, that guy stepped on his dick more than once. I was always refreshed with his candor. Genuine respect. I tip my cap but no fucking chance with that land mine.

https://news.google.com/search?q=cre...S&ceid=US%3Aen


isnt it curious how google's algs buried this. one might wonder why

US credit card debt suddenly reversed course in March and fell by the largest percentage in more than 30 years. At the same time, savings rates climbed to levels unseen since Ronald Reagan was in the White House.

[sonatine]

https://www.cnn.com/2020/05/12/inves...ebt/index.html

[Sanlmar]

When this virus was first made official by Sonatine you might recall those who forecast the return to normal & timeline.

“People will resume exactly the same behaviors and preferences as before. Everyone will return to work”.


Obviously, this was stupid. Behaviors are always changing. Sometimes the change accelerates. While I’m getting kicked in the balls in some areas I am absolutely fascinated and excited trying to noodle out the new trends.

This is an exquisite moment. It cannot be overstated.

The only anxiety I feel is that I will be filled with regret in 2 or 3 years for missing something obvious now

I want to immerse myself and mine for ideas. I also want to go dark and try to be original and unadulterated. Lately, leaning toward shutting down the noise.

Hermit millenials. Is this going to be a thing?

[Sanlmar]

https://www.cnn.com/2020/05/12/inves...ebt/index.html

I will still wager personal debt is greater now than then. Especially amongst millenials. Maybe not revolving credit but plenty of student debt etc.

[Tellafriend]

credit card companies are lowering available credit so I read. paying those things off seems short sighted.

[sonatine]

Embedded Tweet

https://twitter.com/twt/status/1260574760930545666

shorting illegal in 3... 2.....

[ErickAA]

Did a 285 put at market opening. In same boat as yesterday. Do I take the small win now or let it run. I am sure whatever choice I make will be the wrong one.

[sonatine]

sounds like you should ask in the DrUFF StOCk MaKrET inVEstmENt ThREaD