Yeah I was just emphasizing their theme parks because that's their #1 revenue stream.
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Stock Market Watch |OT| I've stocked up on market watches, what now?
- Thread starter Mr.Awesome
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Yeah I was just emphasizing their theme parks because that's their #1 revenue stream.
Do you have access to unemployment assistance? Roth IRA funds can also be pulled penalty free if you make the case for financial emergency. I've never done it so I don't know the details but you could look into it.
So more trickle down economics? Why would the Democrats vote for this again?
Assuming a tax cut even passes. Trump was wanting this closer to the election so he could buy votes.
Bear in mind,
a) The market is already down about 20%.
b) Apologies if I'm mistaken, but it seems like China has got the new cases under control.
c) China reported the virus is most active in cooler temps, which would strengthen the case that the worst of this is temporary, although the WHO called it a false hope at the moment.
d) Markets tend to bounce after big drops like today.
"Remarkably, following all 10 of the Monday 5%+ drops since 1952, the S&P has gained the next trading day," the researchers wrote. "And not just gained but gained more than 2.2%."
The S&P 500 just lost a stunning 7.6%—here’s how the stock market tends to perform historically after a ‘Black Monday’
It was a brutal Monday for stocks, prompted by growing fears of coronavirus and an unexpected price cut by major oil producer Saudi Arabia over the weekend....
www.marketwatch.com
during the recession there was 2% tax cut on payroll. how much you feel 2% is def neglible, only reason i even remember is one year, the year it dropped, i didn't get a cost of living raise, or really small, 1%, and actually made less money because the 2% cut was lifted.
i believe that's a pyroll tax cut, i could be wrong, but i tihnk the idea is more moeny in your pocket, but at minimum wage or low wage, not sure how much 2% helps. not sure what orange fuck face's tax cut would be, but GOP fuck heads are "cool" to it anyway so im doubtful.
tax cuts to a company could give fuel to not furrow workers or lay offs, but eh
According to history looks like a normal bounce.
The S&P 500 just lost a stunning 7.6%—here’s how the stock market tends to perform historically after a ‘Black Monday’
It was a brutal Monday for stocks, prompted by growing fears of coronavirus and an unexpected price cut by major oil producer Saudi Arabia over the weekend....
www.marketwatch.com
According to history looks like a normal bounce.
The S&P 500 just lost a stunning 7.6%—here’s how the stock market tends to perform historically after a ‘Black Monday’
It was a brutal Monday for stocks, prompted by growing fears of coronavirus and an unexpected price cut by major oil producer Saudi Arabia over the weekend....
True, we've seen this song-and-dance for the past month with the small bounces. It's just that I'm increasing frustrated by how irrational this market is...
Senate GOP cool to new economic stimulus measures
Senate Republicans are cool to new economic stimulus proposals the Trump administration is planning to roll out as they await a briefing from top White House economic officials on potential next steps.
House Speaker Nancy Pelosi will meet with her committee chairs Monday night to talk through potential options, and the California Democrat and Senate Democratic Leader Chuck Schumer laid down a marker Sunday night for what any package should include, including paid sick leave, enhanced unemployment insurance and widespread, free coronavirus testing.
But it was clear from Senate Republicans coming out of the meeting that there is little appetite to tackle wide-scale economic stimulus at the moment and there is concern that some of the proposals that have been floated by White House officials in recent days, from the payroll tax cuts to more direct spending measures, represent potential problems for the conference in the weeks ahead.
"I think it's premature," Sen. John Cornyn, a Texas Republican, responded when asked if he could support either spending plans proposed by Democrats or tax cuts suggested by Republicans to boost the economy in the wake of the coronavirus outbreak. "I usually love tax cuts, but I think it's a little bit premature again."
One member said that there was a real discussion about the option the White House may lay out Tuesday, but Republicans in the leadership meeting were "not really excited about some of the options on the table. We would have to sort through it. We have to sort through what the implications would be."
Part of the concern deals with the economic troubles as they currently stand. Stimulative spending at a time of sharply declining demand may not have the intended effect, another GOP senator told CNN. Tax cuts or incentives, traditionally the preferred economic policy lever for Republicans to pull amid economic slow downs, may, in turn, take too long to take hold given the current market conditions.
"What I don't want to do is just borrow a bunch of money and throw it out in the street to stimulate spending," said Sen. Kevin Cramer, a North Dakota Republican.
"Maybe some tax cuts or tax deferral would be in order," Cramer said, insisting he would be open to hearing the administration's proposals. "But I'm not sure the market's looking for stimulation into the economy. The market is looking for the coronavirus to be solved."
Sen. Marco Rubio, who chairs the Senate's Small Business committee, responded "maybe" when asked if he would support a stimulus package.
"I think it would have to be effective and targeted in the right places. It's hard to stimulate against a pandemic or epidemic, a health care outbreak. It's a little different than a terrorist attack, which is the last time we did something major like this," the Florida Republican said.
"We'd have to see," said Sen. Richard Shelby, a Republican of Alabama who chairs the Appropriations Committee, when asked if he would support a stimulus plan.
Shelby said spending on infrastructure might be the best way to aid the economy, even though its effects won't be immediate: "It probably wouldn't help anything in the short-term but would be good for businesses and jobs in the long term."
The senators spoke before the President announced at a news conference he would ask Congress to approve payroll tax cut and relief for hourly workers.
Senate GOP cool to new economic stimulus measures
Senate Republicans are cool to new economic stimulus proposals the Trump administration is planning to roll out as they await a briefing from top White House economic officials on potential next steps.www.cnn.com
House Speaker Nancy Pelosi will meet with her committee chairs Monday night to talk through potential options, and the California Democrat and Senate Democratic Leader Chuck Schumer laid down a marker Sunday night for what any package should include, including paid sick leave, enhanced unemployment insurance and widespread, free coronavirus testing.But it was clear from Senate Republicans coming out of the meeting that there is little appetite to tackle wide-scale economic stimulus at the moment and there is concern that some of the proposals that have been floated by White House officials in recent days, from the payroll tax cuts to more direct spending measures, represent potential problems for the conference in the weeks ahead."I think it's premature," Sen. John Cornyn, a Texas Republican, responded when asked if he could support either spending plans proposed by Democrats or tax cuts suggested by Republicans to boost the economy in the wake of the coronavirus outbreak. "I usually love tax cuts, but I think it's a little bit premature again."One member said that there was a real discussion about the option the White House may lay out Tuesday, but Republicans in the leadership meeting were "not really excited about some of the options on the table. We would have to sort through it. We have to sort through what the implications would be."Part of the concern deals with the economic troubles as they currently stand. Stimulative spending at a time of sharply declining demand may not have the intended effect, another GOP senator told CNN. Tax cuts or incentives, traditionally the preferred economic policy lever for Republicans to pull amid economic slow downs, may, in turn, take too long to take hold given the current market conditions."What I don't want to do is just borrow a bunch of money and throw it out in the street to stimulate spending," said Sen. Kevin Cramer, a North Dakota Republican."Maybe some tax cuts or tax deferral would be in order," Cramer said, insisting he would be open to hearing the administration's proposals. "But I'm not sure the market's looking for stimulation into the economy. The market is looking for the coronavirus to be solved."Sen. Marco Rubio, who chairs the Senate's Small Business committee, responded "maybe" when asked if he would support a stimulus package."I think it would have to be effective and targeted in the right places. It's hard to stimulate against a pandemic or epidemic, a health care outbreak. It's a little different than a terrorist attack, which is the last time we did something major like this," the Florida Republican said."We'd have to see," said Sen. Richard Shelby, a Republican of Alabama who chairs the Appropriations Committee, when asked if he would support a stimulus plan.Shelby said spending on infrastructure might be the best way to aid the economy, even though its effects won't be immediate: "It probably wouldn't help anything in the short-term but would be good for businesses and jobs in the long term."The senators spoke before the President announced at a news conference he would ask Congress to approve payroll tax cut and relief for hourly workers.
Holy shit, the Senate is actually being reasonable?
Senate GOP cool to new economic stimulus measures
Senate Republicans are cool to new economic stimulus proposals the Trump administration is planning to roll out as they await a briefing from top White House economic officials on potential next steps.
House Speaker Nancy Pelosi will meet with her committee chairs Monday night to talk through potential options, and the California Democrat and Senate Democratic Leader Chuck Schumer laid down a marker Sunday night for what any package should include, including paid sick leave, enhanced unemployment insurance and widespread, free coronavirus testing.But it was clear from Senate Republicans coming out of the meeting that there is little appetite to tackle wide-scale economic stimulus at the moment and there is concern that some of the proposals that have been floated by White House officials in recent days, from the payroll tax cuts to more direct spending measures, represent potential problems for the conference in the weeks ahead."I think it's premature," Sen. John Cornyn, a Texas Republican, responded when asked if he could support either spending plans proposed by Democrats or tax cuts suggested by Republicans to boost the economy in the wake of the coronavirus outbreak. "I usually love tax cuts, but I think it's a little bit premature again."One member said that there was a real discussion about the option the White House may lay out Tuesday, but Republicans in the leadership meeting were "not really excited about some of the options on the table. We would have to sort through it. We have to sort through what the implications would be."Part of the concern deals with the economic troubles as they currently stand. Stimulative spending at a time of sharply declining demand may not have the intended effect, another GOP senator told CNN. Tax cuts or incentives, traditionally the preferred economic policy lever for Republicans to pull amid economic slow downs, may, in turn, take too long to take hold given the current market conditions."What I don't want to do is just borrow a bunch of money and throw it out in the street to stimulate spending," said Sen. Kevin Cramer, a North Dakota Republican."Maybe some tax cuts or tax deferral would be in order," Cramer said, insisting he would be open to hearing the administration's proposals. "But I'm not sure the market's looking for stimulation into the economy. The market is looking for the coronavirus to be solved."Sen. Marco Rubio, who chairs the Senate's Small Business committee, responded "maybe" when asked if he would support a stimulus package."I think it would have to be effective and targeted in the right places. It's hard to stimulate against a pandemic or epidemic, a health care outbreak. It's a little different than a terrorist attack, which is the last time we did something major like this," the Florida Republican said."We'd have to see," said Sen. Richard Shelby, a Republican of Alabama who chairs the Appropriations Committee, when asked if he would support a stimulus plan.Shelby said spending on infrastructure might be the best way to aid the economy, even though its effects won't be immediate: "It probably wouldn't help anything in the short-term but would be good for businesses and jobs in the long term."The senators spoke before the President announced at a news conference he would ask Congress to approve payroll tax cut and relief for hourly workers.
This is turning out deliciously for Trump.
It sounds to me like they'll pass something anyway. Sounds like they are playing pretend to hype up what they will eventually pass but feel they need more time for this to simmer to be able to use it for their own gain during the election. They want to pass something, they just want to be able to say it's more their plan than the White House's. This is just politicians trying to give their own PR teams some time to come up with some publicity for them.
Right now this is coming too fast and all made up by the White House so they would gain little from it during the campaign. That's all this fake-resistance is. They would cut all taxes to zero if they could.
Right now this is coming too fast and all made up by the White House so they would gain little from it during the campaign. That's all this fake-resistance is. They would cut all taxes to zero if they could.
What amount of money are you guys discussing when you're buying Visa/Apple/Tesla/etc? I know next to nothing about stocks, but it seems like you have to be playing with thousands of dollars to actually make anything significant with those.
I'm just curious how much or little I should be paying attention to those discussions.
I'm just curious how much or little I should be paying attention to those discussions.
I have around $1k in Microsoft, everything else is just 2 or 3 shares here and there. Most money is generally better off in mutual funds I think.
I assume that those people are well-established in their careers, many of them in tech, and making bank. They can afford 2-10k investments if not more lol.
I for instance, am more AMD level. Anything ~$50 and below is affordable to buy a few of.. but not much more than a few..
I actually don't have enough "free cash" to invest into random singular stocks during this time, so I'm just doing the weekly paycheques dollar-cost-averaging into index funds. I am down about.. 6.5% overall just from today? lol
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Yeah this is a crash course in volitility we haven't seen ever really with the percentage moves every day up and down. Will unfortunately likely get worse if closures start actually happening. With spring break incoming I'm curious how colleges will deal with it. Extended breaks? Will be interesting to see.
The VAST majority of my money is in long term ETFs and target date funds. These never move. 95%
But yes, most of my moves are $1,000s.
"Time to buy the dip"? A day might be green, but I guess week will be deep red.
I'm sticking to my schedule though, my understanding of the market is relatively poor.
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Strong fundamentals, son!
But seriously, the irrationality is through the roof right now, especially in that things are getting worse, but some how we have a negative 2k day, and then up 1k the next on no real positive news other than... "We have plans". But the more negative news of Italy being on complete lockdown now, that didn't seem to even move the needle.
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Well, they just better not do bail outs again, the tax cuts already spoiled them rotten.Senate GOP cool to new economic stimulus measures
Senate Republicans are cool to new economic stimulus proposals the Trump administration is planning to roll out as they await a briefing from top White House economic officials on potential next steps.
I wish whoever is next democratic President that they would call out the GOP on this. Obama had to be diplomatic since he was the first black President--we clearly live in a racist country.
Just wait until NYC goes on lockdown in about 13 or 14 days
Ever feel like somebody is just flipping switches when they want to?
8:13 am: White House plan for economic response to coronavirus is 'not there right now,' officials say
https://www.cnbc.com/2020/03/10/cor...arkets-set-to-pop-as-trump-eyes-stimulus.html
https://www.cnbc.com/2020/03/10/cor...arkets-set-to-pop-as-trump-eyes-stimulus.html
Fuck and I just bought more into my ETF
Ah well, got some cash left for the bottom, if I can find it...
Markets in Europe quickly shedding gains too
I'm the poor sap that buys on the dead cat every time
thank god for DCA
I've been out since last Tuesday (my casual investments that is, not my retirement), but have been really tempted to jump back in. Still think we've got some ways to go just yet though and I'm better off putting more towards student loans in the short term.
I use them to catch all these falling knives
Yeah. Just makes me feel dumb every time lol
But nobody can time it perfectly
Futures are still up 700ish right now. We'll have to see if it holds, but oil went up which was a big part of the drop yesterday.
JPMorgan says the stock sell-off is overdone and recession risk is overblown
JPMorgan reiterated its year end S&P 500 price target of 3,400.
JPMorgan says the stock sell-off is overdone and recession risk is overblown
Russia hints at further talks with Saudi Arabia after oil prices crash
Russia has refused to rule out talks with OPEC to stabilize energy markets, according to reports.
Russia hints at further talks with Saudi Arabia after oil prices crash
positive news hype lesss goooooo
Bet jpm would say that. Think they broke their 2018 stock low yesterday.JPMorgan says the stock sell-off is overdone and recession risk is overblown
JPMorgan reiterated its year end S&P 500 price target of 3,400.www.cnbc.com
JPMorgan says the stock sell-off is overdone and recession risk is overblown
Russia hints at further talks with Saudi Arabia after oil prices crash
Russia has refused to rule out talks with OPEC to stabilize energy markets, according to reports.
Russia hints at further talks with Saudi Arabia after oil prices crash
positive news hype lesss goooooo
Edit: the low was like 91, they hit a little below 93 yesterday.
If you are good you can make alot of money off these bounces. After a crazy drop, usually you see a bounce. They can be pretty strong.
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