Everything posted by Colonel Sanders
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Markets still falling like whoa
So this is probably a dumb question, but what is the ultimate design of this policy? If it's political, which it's not supposed to be, prop up the markets long enough for the elections? Even now some of these P/E ratios are becoming obscene, I can't imagine what they will be if the markets remain this high for Q2 earnings. So I can't see a scenario where this doesn't end in a massive sell off regardless of Fed actions prior to November. Maybe it was originally a fake it to you make it, hoping for a vaccine or something, but I can't see that now. Maybe I'm missing something.
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Markets still falling like whoa
Is it put out anywhere when the fed is about to or just has increased liquidity or bond purchases, or is it just assumed when the market is tanking and miraculously reverses it was due to fed action?
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Markets still falling like whoa
Or AAPL. It's now trading over $9 higher than it was on New year's eve. Same with HD. They need to start to cut down on the brrrr machine. These valuations are getting out of hand.
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Markets still falling like whoa
Could you buy a couple of shares of LVS? Thanks in advance.
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Ex Blue Bell CEO charged with criminal conspiracy
Doing the right thing is at the core of the business philosophy at Blue Bell Creameries, from using only the highest quality ingredients in their famous frozen desserts, to keeping carton sizes at a half-gallon in the face of downsizing and cost cutting by virtually every other major ice cream manufacturer in the country. Part of that philosophy also involves giving back to the people and organizations that have made Blue Bell a success. Recently, Blue Bell CEO and President Paul Kruse ’77 announced that he and the company would jointly support another Texas icon: Texas A&M University. The gift of $500,000, matched by funds from Peggy and Lowry Mays ’57, will establish the Blue Bell Creameries Chair in Business at A&M’s Mays Business School in the total amount of $1 million https://mays.tamu.edu/news/tag/paul-kruse/ I guess doing the right thing doesn't include telling people that your product could kill them. Never lie, cheat, steal...
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Surly #Stonks
TSLA closing in on 900 again after earnings. Market cap is almost 5 times GM's. Makes sense.
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Markets still falling like whoa
It's tough when you think you're right about where the market is headed and every day you wake up to green futures. There are so many valuations that defy logic but they keep going up. I guess I'm just angry at this point that I didn't go all in after March lows. I should have known better.
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Surly #Stonks
With the markets doing so well, why not raise interest rates?
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Markets still falling like whoa
I think I'm going to wait at least to Q2 earnings to wade back in. I don't see much out there that I don't see being cheaper later. Granted I missed this bump from March lows, but whatever.
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Bucket List for After COVID
Be alone for a couple of days
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Markets still falling like whoa
4.4 million newly unemployed, futures green.
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Markets still falling like whoa
I'm going with the over on new unemployment claims. However, that's still good news because that means fewer new unemployment claims next week. Strong buy.
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2020 Property Tax Values are out
After the drop in property values due to the COVID recession, they'll go to the think about all the firemen/teachers playbook and increase the tax rate to make up for the shortfall.
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Markets still falling like whoa
I don't know that we'll test the March 2009 lows, but I think we're going to blow past the March 2019 lows at some point. Probably in the minority on that though.
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Markets still falling like whoa
- Markets still falling like whoa
But if you take away the run up in late 2019-early 2020 the NASDAQ and S&P are near all time highs. The DJIA is lagging a little, but it's still only down a couple of thousand points from where it was for the first half of 2019. The markets don't seem to agree with my negative sentiment, so I guess I'm wrong on this. It just seems like I'm taking crazy pills.- Markets still falling like whoa
Seems like the only stocks that are discounted are those that have a good chance of not being around in 6 month's. AAPL is now trading higher than it was on Christmas day. SBUX is about the same price as last May. TSLA, well that's something else. Are people going long at these prices or just looking to turn it before the reckoning? I don't get it.- Markets still falling like whoa
Is there any bad news that the Fed can't make go away instantly?- Joe Diffie — Time to Prop Him Up Beside the Jukebox
Loved a lot of his songs, but ships that don't come in was my favorite. RIP Joe.- Markets still falling like whoa
Wonder how much it would cost Disney if there are no sports for the next 6 months. They seem really exposed with cruises, theme parks and movies no one will go to see.- Markets still falling like whoa
I doubt anyone will really know when we hit bottom, but this top seemed pretty easy to time.- Don't we get to play WV tonight AND be on ESPNU?
Easily?- Formerly DT: COVID-19 - Featuring Lots of Politics, now CR because political talk not going away
Okay, this is from NTY, which I think has done the best job covering the outbreak. More than 1,250 members of the sect, the Shincheonji Church of Jesus, have reported potential symptoms, and officials are still trying to locate 700 members so they can be screened. https://www.nytimes.com/2020/02/22/world/asia/china-coronavirus.html- Formerly DT: COVID-19 - Featuring Lots of Politics, now CR because political talk not going away
https://www.latimes.com/california/story/2020-02-21/costa-mesa-coronavirus-fairview-developmental-center Here's a link to a LA Times article on it. According to the article it seemed they wanted to quarantine all the US cases there which would be 35 including the recent Diamond Princess evacuees. I'm not sure how they got to 70 in the CBS report, but that would be disconcerting.- Formerly DT: COVID-19 - Featuring Lots of Politics, now CR because political talk not going away
https://mobile.twitter.com/livecrisisnews/status/1230997372735545344 544 members of South Korea's Shinchonji Daegu church have virus symptoms. - Markets still falling like whoa
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