Spork3245 Posted June 8, 2020 Share Posted June 8, 2020 22 minutes ago, Jose said: React how? Going to the local grocery store and buying enough toilet paper to last a decade. Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted June 8, 2020 Share Posted June 8, 2020 I just pre-wiped my bum 22,000 times in March so that my cheeks bled and fused together. No more poops, no more wiping. Big TP ain't gonna rip me off! Quote Link to comment Share on other sites More sharing options...
skillzdadirecta Posted June 8, 2020 Share Posted June 8, 2020 38 minutes ago, Jason said: Weren't people already starting to react to coronavirus before the stay-at-home orders though? Not really... See Mardi Gras, College Football season, The Superbowl, Movie attendance, The HUGE Fury/Wilder fight in Vegas... all of that stuff happened first quarter this year. There have been signs that the U.S. was headed towards a recession for awhile. Coronavirus just exacerbated the problem. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted June 8, 2020 Share Posted June 8, 2020 People reacting to stay at home before the orders came was like a few days not a big big lag in most cases iirc Quote Link to comment Share on other sites More sharing options...
skillzdadirecta Posted June 8, 2020 Share Posted June 8, 2020 2 minutes ago, b_m_b_m_b_m said: People reacting to stay at home before the orders came was like a few days not a big big lag in most cases iirc Yeah I don't think people started paying attention until March... when The NBA and MLB shut down, that's when everybody started taking this thing seriously. Quote Link to comment Share on other sites More sharing options...
Jason Posted June 8, 2020 Author Share Posted June 8, 2020 45 minutes ago, b_m_b_m_b_m said: People reacting to stay at home before the orders came was like a few days not a big big lag in most cases iirc This is what I was thinking of, at this point I couldn't remember what the lead time was on people starting to get cautious, obviously Mardis Gras and stuff happened but I wasn't sure if any significant number of people had started worrying and altering behavior yet. You could have had both. Quote Link to comment Share on other sites More sharing options...
Remarkableriots Posted June 8, 2020 Share Posted June 8, 2020 https://www.google.com/amp/s/thehill.com/policy/finance/501712-sp-erases-2020-losses-as-stocks-soar%3famp Quote The S&P 500 on Monday erased its losses for the year, surpassing its closing level for 2019 as investors bet on a robust economic recovery from the coronavirus pandemic. The S&P 500 closed up 38.5 points, or 1.2 percent, at 3,232. That was 17 points higher than its close on New Year's Eve. The Dow Jones Industrial Average gained 461 points, or 1.7 percent, closing at 27,572. Meanwhile, the Nasdaq advanced as well, adding 110.7 points, or 1.1 percent, to approach 10,000 for the first time. Last week, the technology-heavy index notched a record high, erasing all its pandemic losses. Quote Link to comment Share on other sites More sharing options...
Signifyin(g)Monkey Posted June 9, 2020 Share Posted June 9, 2020 Another possible reason for the stock market’s outsized rally while the world burns is that day trading has replaced sports betting as the country’s primary gambling past-time. Online brokerage accounts are opening up at record rates. As you can imagine, that is not a stable support for present valuations. Quote Link to comment Share on other sites More sharing options...
Brian Posted June 9, 2020 Share Posted June 9, 2020 2 minutes ago, Signifyin(g)Monkey said: Another possible reason for the stock market’s outsized rally while the world burns is that day trading has replaced sports betting as the country’s primary gambling past-time. Online brokerage accounts are opening up at record rates. As you can imagine, that is not a stable support for present valuations. Now I understand why weed stocks went through the roof today. Quote Link to comment Share on other sites More sharing options...
Guest Posted June 9, 2020 Share Posted June 9, 2020 6 minutes ago, Signifyin(g)Monkey said: Another possible reason for the stock market’s outsized rally while the world burns is that day trading has replaced sports betting as the country’s primary gambling past-time. Online brokerage accounts are opening up at record rates. As you can imagine, that is not a stable support for present valuations. Anecdotal evidence I’ve witnessed falls in line. My degenerate gambler friends have been posting a lot about stock market moves Quote Link to comment Share on other sites More sharing options...
Amazatron Posted June 9, 2020 Share Posted June 9, 2020 I agree, with volatility all over the place it is a trader's dream right now. Just look at Hertz (HTZ), it was at $0.82 three trading days ago, now it is at $5.53. 2 1 Quote Link to comment Share on other sites More sharing options...
Brian Posted June 9, 2020 Share Posted June 9, 2020 24 minutes ago, Amazatron said: I agree, with volatility all over the place it is a trader's dream right now. Just look at Hertz (HTZ), it was at $0.82 three trading days ago, now it is at $5.53. Goddamn Quote Link to comment Share on other sites More sharing options...
GeneticBlueprint Posted June 9, 2020 Share Posted June 9, 2020 39 minutes ago, Amazatron said: I agree, with volatility all over the place it is a trader's dream right now. Just look at Hertz (HTZ), it was at $0.82 three trading days ago, now it is at $5.53. Holy shit I could've made $5. Quote Link to comment Share on other sites More sharing options...
chakoo Posted June 9, 2020 Share Posted June 9, 2020 Regardless of what's been going on with COVID, I heard from quite a few tech investors that they were already preparing at the end of last year that this was going to happen. Covid kind of eroded things quicker. Quote Link to comment Share on other sites More sharing options...
Massdriver Posted June 9, 2020 Share Posted June 9, 2020 1 hour ago, Signifyin(g)Monkey said: Another possible reason for the stock market’s outsized rally while the world burns is that day trading has replaced sports betting as the country’s primary gambling past-time. Online brokerage accounts are opening up at record rates. As you can imagine, that is not a stable support for present valuations. It's an interesting possibility. However, I'm skeptical of any one or simple explanation for the market's behavior. These valuations seem insane to me, but unless they reach Japan's highest CAPE ratio from several decades back, who knows at this point. It could easily dive 30% over the next 2 months and I wouldn't be shocked depending on the news. In any case, all the index fund purchases I've made are way up. On the other hand, I didn't follow my gut and buy some Airbus when it was completely in the gutter. Quote Link to comment Share on other sites More sharing options...
Jason Posted June 9, 2020 Author Share Posted June 9, 2020 17 minutes ago, Massdriver said: In any case, all the index fund purchases I've made are way up. On the other hand, I didn't follow my gut and buy some Airbus when it was completely in the gutter. I bought some airline stock, but I chickened out on buying more. United is up $27 a share since I bought it. I'm going to just hold, I think, because while my percentage gains are huge my absolute gains don't feel worth cashing out for, especially since I'd be paying short term instead of long term gain taxes. Quote Link to comment Share on other sites More sharing options...
Brian Posted June 9, 2020 Share Posted June 9, 2020 I’m taking profits on stocks I bought during Corona. The market will come down when wave 2 hits and I’ll rebuy in then. Quote Link to comment Share on other sites More sharing options...
Remarkableriots Posted June 11, 2020 Share Posted June 11, 2020 Gov. Sisolak is calling for $116 million in immediate cuts to spending to help fill an $812 million state budget hole caused by the coronavirus. $67 million will be cut from higher education and health services. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted June 11, 2020 Share Posted June 11, 2020 Another 1.2 million new jobless claims (or 1.5? I accidentally dismissed the push notification) and we've given up on fixing this, too. Quote Link to comment Share on other sites More sharing options...
chakoo Posted June 11, 2020 Share Posted June 11, 2020 https://ca.finance.yahoo.com/news/asian-shares-slide-rising-virus-072551156.html "Stocks fall sharply on Wall Street as investors turn jittery" Markets are having a bit of a rough morning. Quote Link to comment Share on other sites More sharing options...
skillzdadirecta Posted June 11, 2020 Share Posted June 11, 2020 2 hours ago, b_m_b_m_b_m said: Another 1.2 million new jobless claims (or 1.5? I accidentally dismissed the push notification) and we've given up on fixing this, too. We're pretty much on our own until November... maybe even longer than that depending on who wins. Quote Link to comment Share on other sites More sharing options...
Zaku3 Posted June 11, 2020 Share Posted June 11, 2020 2 hours ago, b_m_b_m_b_m said: Another 1.2 million new jobless claims (or 1.5? I accidentally dismissed the push notification) and we've given up on fixing this, too. Stock market is going up that doesn't matter. Quote Link to comment Share on other sites More sharing options...
PaladinSolo Posted June 11, 2020 Share Posted June 11, 2020 13 minutes ago, Zaku3 said: Stock market is going up that doesn't matter. Not today it isnt, lol. Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted June 11, 2020 Share Posted June 11, 2020 2 Quote Link to comment Share on other sites More sharing options...
osxmatt Posted June 11, 2020 Share Posted June 11, 2020 1 hour ago, CitizenVectron said: 3 Quote Link to comment Share on other sites More sharing options...
MarSolo Posted June 11, 2020 Share Posted June 11, 2020 21 minutes ago, osxmatt said: I swear he tells on himself. He wants to get caught just to see if he can get away with it. 1 Quote Link to comment Share on other sites More sharing options...
Jason Posted June 11, 2020 Author Share Posted June 11, 2020 39 minutes ago, osxmatt said: 17 minutes ago, MarSolo said: I swear he tells on himself. He wants to get caught just to see if he can get away with it. Quote Link to comment Share on other sites More sharing options...
Guest Posted June 11, 2020 Share Posted June 11, 2020 The episode of Regular Heroes (episode 5) is up on Amazon Prime Video now. You get to see my girl-version-of-me drop some trollery on Raiders Quote Link to comment Share on other sites More sharing options...
Ricofoley Posted June 12, 2020 Share Posted June 12, 2020 this seems fine and normal 1 Quote Link to comment Share on other sites More sharing options...
Signifyin(g)Monkey Posted June 12, 2020 Share Posted June 12, 2020 6 hours ago, Ricofoley said: this seems fine and normal Doesn’t exactly evince corporate confidence... ”We’re amazing and our stock’s not overvalued BUT PLEASE TAKE ALL THESE SHARES NOW NOT LATER PLEASE PLEASE PLEASE” 1 Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted June 13, 2020 Share Posted June 13, 2020 $2T? Ok, sure. I'll believe it when I see it Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted June 13, 2020 Share Posted June 13, 2020 15 minutes ago, b_m_b_m_b_m said: $2T? Ok, sure. I'll believe it when I see it Lol. If they “bring manufacturing jobs and pharma home” then no one will be able to afford to “buy American” Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted June 13, 2020 Share Posted June 13, 2020 We already have a lot of manufacturing here, it's just largely automated. Same for pharma, but the low margin drugs and generics are done abroad, to say nothing of the outrageous margins on pharmaceuticals in the US. Anyway, I'm sure the trump team has the bulk of that $2T is tax cuts so it doesn't have the bang for the buck that a direct hire program would Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted June 14, 2020 Share Posted June 14, 2020 5 hours ago, b_m_b_m_b_m said: We already have a lot of manufacturing here, it's just largely automated. Same for pharma, but the low margin drugs and generics are done abroad, to say nothing of the outrageous margins on pharmaceuticals in the US. No shit. I’m referencing the ones he’s talking about “bringing back”. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted June 14, 2020 Share Posted June 14, 2020 27 minutes ago, Spork3245 said: No shit. I’m referencing the ones he’s talking about “bringing back”. Ah Quote Link to comment Share on other sites More sharing options...
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