Stock Market Discussion -- started 03/06/2018 -- updated daily !!!

**Sanity Check** · 03-16-20, 11:18 PM

This could be a great time for people to start learning to grow their own food and DIY.

Shift productivity and supply chains away from china, back to the homeland where its needed most.

I'm taking my gardening much more seriously. Going to see how far I can get with it.

**Shafted69** · 03-16-20, 11:45 PM

After the dead cat bounce tomorrow, brace for more casualties of the Corona Virus. The orange buffoon has been successful at suppressing test kits from reaching the American people. They are still scarce, and more people will die, because he was worried about his election numbers. How's that for a coward.

**gauchojake** · 03-16-20, 11:50 PM

Originally posted by Shafted69

After the dead cat bounce tomorrow, brace for more casualties of the Corona Virus. The orange buffoon has been successful at suppressing test kits from reaching the American people. They are still scarce, and more people will die, because he was worried about his election numbers. How's that for a coward.

Jack Ma sent 500k test kits and 1M masks to us. Thanks China!!

**Mac4Lyfe** · 03-17-20, 01:19 AM

Originally posted by milwaukee mike

nonsense
if you're not tripping over yourself to buy wynn at 54 (down from 200), mgm at 10 (down from 35), penn at 8 (down from 39) then i don't know what to tell you.
probably never been a better opportunity in the history of the market to buy these casino stocks
country could shut down for an entire year and these things would still be cheap

I'm not tripping over any company right now. We have no idea where this will go but a lot of companies are at risk of shuttering their doors, especially casinos. Small gatherings might be a long term way of life. I think these casino stocks still have a lot of room to bottom out. At least another 20% if you ask me. I'll be shorting them in the morning.

**homie1975** · 03-17-20, 06:58 AM

Originally posted by gauchojake

Jack Ma sent 500k test kits and 1M masks to us. Thanks China!!

Thanks Jack but it's not even a dent. We need a few hundred million tests. I'm not buying BABA and BIDU jack. Send more masks

**Sanity Check** · 03-17-20, 08:18 AM

Testing doesn't improve containment.

It is a reactionary measure. It reacts to people becoming infected. By then its too late.

What is needed are preventionary measures. Preventing infection, prevents it from spreading further.

Preventionary measures are impossible due to people needing to congregate in stores and shops to pick up food/bare necessities to survive. People need to work and interact with others for income. Heavy reliance upon other nations like china for food, parts, products also makes it impossible to close borders and limit trade carrying the potential for infection.

That's what makes this outbreak difficult to deal with.

ANYWAYS.

If the media says testing contains the virus, they full of shit btw. Testing spreads the virus. Those who aren't infected can become infected simply by mingling with those who have it at testing centers. Testing makes things worse.

.

There is hope though.

**DiggityDaggityDo** · 03-17-20, 08:28 AM

Originally posted by MinnesotaFats

Well that day will never come. If you have the insurance and are in network you get the treatment.

If you are without citizenship or uninsured you get admitted but....end of the line buddy

We only have so many respirators.

Some sick people will get them, and some will not get them and die.

**Shafted69** · 03-17-20, 08:30 AM

Strap up that dildo if you're still holding stocks.

**JIBBBY** · 03-17-20, 08:30 AM

Market rebounds today..

**grease lightnin** · 03-17-20, 08:32 AM

Originally posted by JIBBBY

Market rebounds today..

You can mush sports all ya want jibs, but come on, not the market.

**homie1975** · 03-17-20, 08:33 AM

Originally posted by Sanity Check

Testing doesn't improve containment.

It is a reactionary measure. It reacts to people becoming infected. By then its too late.

What is needed are preventionary measures. Preventing infection, prevents it from spreading further.

Preventionary measures are impossible due to people needing to congregate in stores and shops to pick up food/bare necessities to survive. People need to work and interact with others for income. Heavy reliance upon other nations like china for food, parts, products also makes it impossible to close borders and limit trade carrying the potential for infection.

That's what makes this outbreak difficult to deal with.

ANYWAYS.

If the media says testing contains the virus, they full of shit btw. Testing spreads the virus. Those who aren't infected can become infected simply by mingling with those who have it at testing centers. Testing makes things worse.

.

There is hope though.

we need the testing done so we can get our heads around the total numbers and scale it out. that way we can at least try to plan ahead from an infrastructure standpoint.

**homie1975** · 03-17-20, 08:34 AM

Originally posted by JIBBBY

Market rebounds today..

based on what? not happening. this is a 1Y to 1.5Y minimum turnaround in terms of returning to ATH levels hit on 2/16/2020

**JIBBBY** · 03-17-20, 08:35 AM

Originally posted by homie1975

based on what? not happening. this is a 1Y to 1.5Y minimum turnaround in terms of returning to ATH levels hit on 2/16/2020

Based on it going down 3000 yesterday.. It's up 400 points already.

**homie1975** · 03-17-20, 08:36 AM

Originally posted by JIBBBY

Based on it going down 3000 yesterday.. It's up 400 points already.

it was up 800 pts in AH trading and triggered the Limit Up.

sure we might be in light green today but the wash out will continue the next few mos at the very least

**MinnesotaFats** · 03-17-20, 08:38 AM

LOL market up 500

What a croc of shit. This is all computer driven auto trades. No wonder common ppl are skeptical of this shit.

Drop 2000 as smart money gets out, next day auto trade machine puts all the pensions in so +800, then smart money gets out -3000, next day auto trade machine puts more pension money in +500....and so it goes.

There is nothing to buy here. Everyone will revise earnings and lower guidance. Everything is still overvalued and no company has any revenue because 100 million people just stopped work.

Dow / SP got another 15% drop ahead.

**Sanity Check** · 03-17-20, 08:55 AM

Originally posted by homie1975

we need the testing done so we can get our heads around the total numbers and scale it out. that way we can at least try to plan ahead from an infrastructure standpoint.

There is no planning to be done. There is no possible plan for containment.

Our economy and lifestyle is structured in ways which make it impossible for people to self isolate to contain the virus.

If everyone alive today could lock themselves inside hazmat cells for 2-4 weeks. And never go out. To prevent the infection from spreading. The virus might be contained.

But that will never be an option.

**DiggityDaggityDo** · 03-17-20, 08:59 AM

It does not need to be contained.

It needs to be slowed down to help the hospitals and doctors from being overloaded.

People don't care though and continue to go on with their daily lives spreading this shit.

**Foxx** · 03-17-20, 09:02 AM

Originally posted by MinnesotaFats

LOL market up 500
What a croc of shit. This is all computer driven auto trades. No wonder common ppl are skeptical of this shit.
Drop 2000 as smart money gets out, next day auto trade machine puts all the pensions in so +800, then smart money gets out -3000, next day auto trade machine puts more pension money in +500....and so it goes.
There is nothing to buy here. Everyone will revise earnings and lower guidance. Everything is still overvalued and no company has any revenue because 100 million people just stopped work.
Dow / SP got another 15% drop ahead.

Exactly. Decked is stacked against the common man. I went to the sidelines last week and as tempting as it is to buy back in, I will stay there indefinitely. It's like trying to catch a falling knife right now and the big players in the game are at a huge advantage.

**Sanity Check** · 03-17-20, 09:07 AM

Originally posted by DiggityDaggityDo

It does not need to be contained.

It needs to be slowed down to help the hospitals and doctors from being overloaded.

People don't care though and continue to go on with their daily lives spreading this shit.

In the united states, the doctor to patient ratio is something like 1:1000 or 1:2000.

1 doctor for every 1,000 to 2,000 chunk of the population.

In other countries the ratio is much lower. Nearer to 1:300.

Doctor to patient ratios of american healthcare contribute heavily to the US healthcare industry being a corrupt and dysfunctional system. Politicians and the media conspire to keep people in the dark about this, to prevent them from realizing it needed to be fixed decades ago for healthcare to become affordable.

its 100% guaranteed doctors will be overwhelmed, no matter what. They were overwhelmed before this issue emerged & things will only get worse.

And yeah, it does need to be contained or it will continue to make negative progress. Its growth rate is what makes it dangerous. The more it grows the harder it is to stop. And we're already well past the point where we could have stopped it.

**Yulia74** · 03-17-20, 10:12 AM

**d2bets** · 03-17-20, 10:19 AM

What's going on today? Is the Fed stepping in and buying?

**milwaukee mike** · 03-17-20, 11:07 AM

Originally posted by d2bets

What's going on today? Is the Fed stepping in and buying?

things were ridiculously oversold, especially on the smaller stock side

amc announces that every us theater is closed for 6-12 weeks and the stock is UP, tells you all you need to know... market can take bad news but it hates uncertainty

**d2bets** · 03-17-20, 11:10 AM

Originally posted by milwaukee mike

things were ridiculously oversold, especially on the smaller stock side

amc announces that every us theater is closed for 6-12 weeks and the stock is UP, tells you all you need to know... market can take bad news but it hates uncertainty

S&P 500 up 6.5% today right now. 2,541. Where is that at the end of this week? What's the upside and what's the downside? Isn't upside still limited and downside almost unlimited? Like, OK, maybe maybe maybe we could see 2,700 or 2,800 but OTOH we can spiral down to 1,500 also. No?

**MinnesotaFats** · 03-17-20, 11:17 AM

Traders buying in on a market that has yet to
Price in layoffs and furloughs for 25 million Americans

Fukking clowns deserve to lose every dime

WTF $1k gonna do lol. 23 yr olds spend that at the club in a weekend.

This is a disaster, I see DOW 17,500 or so, 2014 levels, in 2 weeks

**milwaukee mike** · 03-17-20, 11:17 AM

Originally posted by d2bets

S&P 500 up 6.5% today right now. 2,541. Where is that at the end of this week? What's the upside and what's the downside? Isn't upside still limited and downside almost unlimited? Like, OK, maybe maybe maybe we could see 2,700 or 2,800 but OTOH we can spiral down to 1,500 also. No?

i don't look at the overall market, i focus on individual stocks, mostly in retail/hotels/casinos at the moment... these things are just absolutely being given away.

all upside and almost no downside to some of these hotel stocks that are trading at $2-7 (bhr/peb/ht). some are under $1 (aht), if there's any sort of hotel assistance these things skyrocket... and the RETAILERS! mik was trading at $1.65 yesterday, and just in the quarter they had earnings of $1.26

**MinnesotaFats** · 03-17-20, 11:29 AM

Originally posted by milwaukee mike

i don't look at the overall market, i focus on individual stocks, mostly in retail/hotels/casinos at the moment... these things are just absolutely being given away.

all upside and almost no downside to some of these hotel stocks that are trading at $2-7 (bhr/peb/ht). some are under $1 (aht), if there's any sort of hotel assistance these things skyrocket... and the RETAILERS! mik was trading at $1.65 yesterday, and just in the quarter they had earnings of $1.26

Isn't that generally because they issue bonds, now at lower rates, so the stock takes a further back seat in the event of a banko.

Caesars is kind of the template here, is it not?

9 cents on the dollar is what it ended up at....

**DoctorStrong** · 03-17-20, 11:38 AM

Dow is in some trouble this week

**milwaukee mike** · 03-17-20, 12:14 PM

Originally posted by MinnesotaFats

Isn't that generally because they issue bonds, now at lower rates, so the stock takes a further back seat in the event of a banko.

Caesars is kind of the template here, is it not?

9 cents on the dollar is what it ended up at....

smaller companies aren't gonna be able to issue bonds at any rate... but the banks aren't just gonna let all these things go bankrupt, debt covenants are gonna be waived left and right and payments are gonna get extended... banks don't want to foreclose on 50,000 hotels

**d2bets** · 03-17-20, 01:05 PM

Originally posted by DoctorStrong

Dow is in some trouble this week

Holding up today so far. Who the hell knows where we go from here.

**homie1975** · 03-17-20, 01:15 PM

Originally posted by d2bets

Holding up today so far. Who the hell knows where we go from here.

it will be day to day with two bad news cycles (US Case numbers rising and Financial state of Economy numbers) vs the Fed injections and GOVT stimulus packages. daily and weekly tug of war will continue for next 2-3 mos imo

**d2bets** · 03-17-20, 01:23 PM

Originally posted by homie1975

it will be day to day with two bad news cycles (US Case numbers rising and Financial state of Economy numbers) vs the Fed injections and GOVT stimulus packages. daily and weekly tug of war will continue for next 2-3 mos imo

Nuts. I'll say this: anyone trying to manipulate and capitalize should be charged criminally. I have no sympathy right now for parasites and scammers.

**milwaukee mike** · 03-17-20, 01:41 PM

Originally posted by d2bets

Nuts. I'll say this: anyone trying to manipulate and capitalize should be charged criminally. I have no sympathy right now for parasites and scammers.

the whole thing is manipulation and capitalizing

google event 201... this was all planned exactly as it is happening

**Shafted69** · 03-17-20, 02:38 PM

Mother of all stimulus being discussed. 1T dollas to make you holla. Sell on the news once it passes the vote and short some more

.

**DoctorStrong** · 03-17-20, 07:05 PM

all the compulsive gamblers jumping in on the markets because no sports

**MinnesotaFats** · 03-17-20, 08:13 PM

It's going to plummet tomorrow again

Munchin anticipates 20% unemployment in 2nd qtr

Dow 17,500 by weeks end a real possibility