Stocks

[crzdcolombian]

Everything. Going up 10+ % but will def tank again In a day or two

The main virus guy in the US hasn’t been seen in 2 days.

He either has corona or Trump is going to do the most idiotic thing imaginable and fire him sending the US and the stock market into a massive panic

 

[brehme1989]

He's like 80 years old though.

But Trump is more likely to name him his next VP candidate than fire him

 

[Pimpin]

blue apron down 20%, zoom down 10%

i think the markets are pricing in trump re opening the country for business at the cost of spreading the disease like wildfire

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gap up 20% that def is what the investors are pricing in

 

[Adriano@10]

blue apron down 20%, zoom down 10%

i think the markets are pricing in trump re opening the country for business at the cost of spreading the disease like wildfire

I guess so though the only problem with that is if you look beyond 2 weeks then you d rather have em closed even as an investor. There is no way they can flatten the curve while going about their usual business there simply is no way.
Like no country could get it under control without drastic measures once the spread started to think that the us can curb it with 15 days of keeping distance is beyond delusional.
There s a reason why most people in china are still practicing social distancing........
It would not be anything new though if trump was putting more value in keeping the markets up in the short run rather than bring em back to reality just look what he wanted the fed to do when the economy was booming...

Also it s funny how only the experts who never really got in contact with corona are saying shit like it s not that bad and let it pass. Every doctor and every state official from regions that got hit hard are shit scared.

On a side note i was thinking about shorting zoom on an extremely long horizon i just dont see how their tech and product is worth that much when i can basically do the same stuff with FB/Skype/whatsapp/google and i m sure there are many others. of course i did not follow through.

Anyways i truly believe that the us is fucked with this clown in charge...


Also there we re some encouraging reports from china and Italy nothing that would justify a rally but it would suggest that we should be aproching the end in 2 months time i d think. Not the end of the recession but the end of the strict measures that hinder production and consumption around the world.

Btw i still think sentiment is way to positive people are still buying worthless companies(tesla/beyond/zoom) or lets say companies i would not touch with a stick in a recession. Also investors still jump at any minor good news and push markets up by 6%+ even though uncertainty is huge and the econ outlook grimm.
Just my two cents i m still looking at europe mainly for investments right now. Just feels like we re taking this more serious and will be out of it faster than the US . Only sad thing is that the whole world will suffer for longer than it would need to because of that one idiot whos in charge of the us.

 

[brehme1989]

My latest portfolio is 15% up and I don't even know why.

 

[Pimpin]

My latest portfolio is 15% up and I don't even know why.

 

[Adriano@10]

Also this https://www.reuters.com/article/us-...tivity-to-record-low-ihs-markit-idUSKBN21B25A

PMI lowest since 2009 markets up 7%................

 

[Pimpin]

Im shorting stocks before trump speech begins, the bill is about to be passed in senate that will lead to a lot of ppl buying and when trump speaks it will be a meltdown

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shorting gap

 

[Adriano@10]

Im shorting stocks before trump speech begins, the bill is about to be passed in senate that will lead to a lot of ppl buying and when trump speaks it will be a meltdown

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shorting gap

Thats probably a great idea i m gonna join in.

Bid ask spread too good damn high on short options.

 

[Pimpin]

Just In: On a Fox News town hall, President Trump said “a lot of people agree with me” that the country should not be shut down over the pandemic. Trump repeated his comparisons of the new coronavirus to annual deaths from influenza and car accidents.


this guy is an actual idiot

 

[ADRossi]

Just In: On a Fox News town hall, President Trump said “a lot of people agree with me” that the country should not be shut down over the pandemic. Trump repeated his comparisons of the new coronavirus to annual deaths from influenza and car accidents.


this guy is an actual idiot

He must not be aware that millions of people get vaccinated each year to protect the population from the rapid spreading of influenza.

 

[Adriano@10]

Just In: On a Fox News town hall, President Trump said “a lot of people agree with me” that the country should not be shut down over the pandemic. Trump repeated his comparisons of the new coronavirus to annual deaths from influenza and car accidents.


this guy is an actual idiot

Honestly let em do it fuck those idiots who thought it would be a good idea to have a reality star be president and fuck all the politicians around him not stopping him.


At this point 3rd world countries have better responses then the white house.

The only sad thing is that somehow markets believe him over and over again.

On a side note he also said more people will die if he does not reopen then if he does..

The stupidity and fucking ego on this man. Also poor dr. Fauci after finally geting the president to take it semi serious this shit...

 

[ADRossi]

There's really only two ways for a U.S. president to not get reelected for a second term, based on recent history. One is an economic downturn and two is an unpopular war. Trump understands that and is terrified he's going to lose in November. So yeah, I understand why he's saying what he is.

But it is complete insanity.

 

[Adriano@10]

There's really only two ways for a U.S. president to not get reelected for a second term, based on recent history. One is an economic downturn and two is an unpopular war. Trump understands that and is terrified he's going to lose in November. So yeah, I understand why he's saying what he is.

But it is complete insanity.

Yeah the economy is important for a re election but i d guess if he d get through this corona shit better or lets say better than china and the eu then i think he would have secured re election even if stocks and the economy are down.

Also as i said imho restarting the economy to early will do more harm then good as it will only prolong the problem.

 

[Wobblz]

Wasn't him and his administration that made a meal out of the emergency response to hurricane Maria in Puerto Rico? He's building quite the fuck-up portfolio when it comes to disaster response for a single mandate.

 

[crzdcolombian]

Just In: On a Fox News town hall, President Trump said “a lot of people agree with me” that the country should not be shut down over the pandemic. Trump repeated his comparisons of the new coronavirus to annual deaths from influenza and car accidents.


this guy is an actual idiot

Let him and Pence take it as a joke and die

They are all in the wrong part of 70. What happens if the president, vp and the two people running for President all die because of it

 

[Fapuccino]

Has anyone seen what's happening with unemployment insurance? A few weeks in, and millions already applied. Selfish or not, Trump picked the lesser of two evils. People have decided that Coronavirus is more dangerous than a great depression For fuck's sake. Italy had 0 deaths for people under 30, and only 3 under 40 (all with underlying health conditions) out of thousands. And for those thousands, for the great majority the virus was only a secondary factor.

Italy had the unfortunate combination of a really old population who were all chain smokers. Those are the 2 biggest factors. If you're a high risk group = isolate. That's all there is to it. The sad reality is what Merkel said, 60% to 70% of the population will get this at some point.

https://www.cnbc.com/2020/03/11/angela-merkel-most-people-will-get-the-coronavirus.html

There is no escaping this, only delaying it. The best delay is isolate high risk groups, and don't overload hospitals. We can't go into nuclear survival mode, until they come with a vaccine 2 years from now.

 

[Pimpin]

America has 35 million people who have diabetes, 78 million who have high blood pressure, 26 million with COPD and the cherry on top 121 million americans have blood vessel disease. Which means that 260 million cases of potential underlying health problems. Add on top of this all the obesity. This would open way to many circumstances. If 50% of americans have underlying comorbidities that means that every one has on average 1.6 comorbidities from the actual trailing data that we have from China and Italy. If you have lived in America (God bless it), and you've seen their diet, you'd understand why they live so much less. If you are under the impression that Italy, the gold standard for diet, has more unhealthy people than USA, you're in for rude awakening.

Bear in mind, same argument was used for China when the people started dying, oh it is pollution, smoking..

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also spain had 680 deaths today, how do you explain that?

 

[Fapuccino]

America has 35 million people who have diabetes, 78 million who have high blood pressure, 26 million with COPD and the cherry on top 121 million americans have blood vessel disease. Which means that 260 million cases of potential underlying health problems. Add on top of this all the obesity. This would open way to many circumstances. If 50% of americans have underlying comorbidities that means that every one has on average 1.6 comorbidities from the actual trailing data that we have from China and Italy. If you have lived in America (God bless it), and you've seen their diet, you'd understand why they live so much less. If you are under the impression that Italy, the gold standard for diet, has more unhealthy people than USA, you're in for rude awakening.

Bear in mind, same argument was used for China when the people started dying, oh it is pollution, smoking..

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also spain had 680 deaths today, how do you explain that?

Coronav. attacks the respiratory system, so it's a combination of age + chain-smoking. Big problem especially in Europe. And yeah, all those people who have diabetes or high blood pressure should isolate. The right answer is be super aggressive with high risk groups. Italy should have made it illegal for seniors to go out since the start, and have programs to tend to them.

https://www.forbes.com/sites/victor...-19-during-coronavirus-outbreak/#6f89e2587638

But as Merkel mentioned, most of the population will get this at some point. There is no way around it. There will multiple WAVES, as well. It makes no sense to isolate people who will eventually contract this, and very likely won't need hospitalization.

 

[Adriano@10]

https://www.wsj.com/articles/federa...purchase-bonds-for-the-government-11585085843
Am i the only one who finds this strange? Why the hell does the NY fed need blackrock?
And is this a good idea especially since they ll be allowed to buy their own ETFs? I mean even the fed said they would put blackrock under intense scrutiny because of the potential of conflicts of interest. Then why the fuck give em the mandate in the first place?

Also please god let boeing file for chapter 11, fuck david calhoun and the whole mgm team around him.

I don’t have a need for an equity stake. I want them to support the credit markets, provide liquidity. Allow us to borrow against our future."
--CEO Dave Calhoun

Let em go on the open credit market and see how long they ll survive if they have to pay interest that is corresponding to their company risk when not backed by the government.
I m not a fan of states taking stakes in companies but to categorically refuse to take the states help cause you ll have to give up some equity, when your in dire problems and your the one who leveraged the company to that point or at least you ve been in a position to influence that decision for the last 10 years.

It s disgusting to see those ceo s not take any responsibility and basically play with the government they know that their to big to fail so they just don t give a fuck.

Edit: on the news front city cut KLM air france PT to 1 from 9
Also according to Wapo in 6 of amazons warehouses workers have been tested positive.