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Nirvana Shill
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But we have not seen the results of those actions yet .

If trump were to lift this shutdown in 8 days it’s not the action, it’s the result of the action he will be judged on.

And if he does lift this shutdown in 8 days he will be going against the advice of a lot of people who know a lot more about this stuff then he does.

So that’s where the blind faith comes in .

Are you just going to assume he is making the right decision just because ?

Actions Trump has taken on a variety of subjects gives me the faith that he will make the right decisions..

Trump has been elected to make the biggest decisions.. Fauci etc have their medical recommendations.. But thats all they have. .

The cure can't be worse then the virus itself.. I said early on that it was a big mistake to shut down the economy.. Have a massive quarentine for the elderly.. Everyone else take the health alert seriously , but continue on with your life. If you get sick or think you are , stay home..

Is this a perfect solution ? Maybe not. But its better than shutting the economy down
 

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The economy isn't gonna have an opening day like MLB, it is gonna come gradually, small restaurants/quick food service/retail establishments probably be first of the discretionary income category. And SBux a place people can go and be around their friends w/o being around 50-100 other people.

Cash cow to begin with. Even if the shutdown rages on, they have drive-thru and not everyone gonna give up their coffee addiction cause global pandemic going on.

If we aren't fucked, that's an easy w/ outperform w/ limited downside imo.


amzn is another that should weather the storm better-- hiring people, folks staying indoors, shit delivered to their house.. its chart has a rarity in this environment; today it reclaimed its 200 sma (as well as its 8 ema!). But its upside no where near some of these battered stocks
 

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oh no , another thread going to go political ...@):mad:

I know if this one goes political too .... I wont be posting any more. There are 100 other thread to go argue politics and waste your time trying to convince everyone else that your opinion is the right opinion.
 

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But we have not seen the results of those actions yet .

If trump were to lift this shutdown in 8 days it’s not the action, it’s the result of the action he will be judged on.

And if he does lift this shutdown in 8 days he will be going against the advice of a lot of people who know a lot more about this stuff then he does.

So that’s where the blind faith comes in .

Are you just going to assume he is making the right decision just because ?


what would u do if you were in his shoes?
 

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I know if this one goes political too .... I wont be posting any more. There are 100 other thread to go argue politics and waste your time trying to convince everyone else that your opinion is the right opinion.

do you have an opinion on sending folks back to work , stopping this mass shutdown despite likely not being 'out of the woods'?
 

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The economy isn't gonna have an opening day like MLB, it is gonna come gradually, small restaurants/quick food service/retail establishments probably be first of the discretionary income category. And SBux a place people can go and be around their friends w/o being around 50-100 other people.

Cash cow to begin with. Even if the shutdown rages on, they have drive-thru and not everyone gonna give up their coffee addiction cause global pandemic going on.

If we aren't fucked, that's an easy w/ outperform w/ limited downside imo.


your opinion on what appears to possibly be a short lived stoppage?
 

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what does everyone think?
 

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The economy isn't gonna have an opening day like MLB, it is gonna come gradually, small restaurants/quick food service/retail establishments probably be first of the discretionary income category. And SBux a place people can go and be around their friends w/o being around 50-100 other people.

Cash cow to begin with. Even if the shutdown rages on, they have drive-thru and not everyone gonna give up their coffee addiction cause global pandemic going on.

If we aren't fucked, that's an easy w/ outperform w/ limited downside imo.

Pats I think you usually have decent ideas. This is one I disagree with. It reminds me of a story when the CEO of Starbucks bought the Seattle Sonics and called Cuban up to get tips on how to run a successful franchise and market his team. Cuban said " Are you kidding me.....you have people in America thinking it is ok to pay $5 for a cup of coffee."

If you just had a financial scare....cutting back on $5 coffee is a fairly painless place to cut your costs. Although many americans that are hurting will be too dumb to start with something this simple.

I think there are much better choices, stocks or industries more beat up.
 

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Rock , paper , scissors


lol.

we've seen what 8 days of stoppage has done, ............what does 60 days look like? i think we need to be more sensible
 

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Pats I think you usually have decent ideas. This is one I disagree with. It reminds me of a story when the CEO of Starbucks bought the Seattle Sonics and called Cuban up to get tips on how to run a successful franchise and market his team. Cuban said " Are you kidding me.....you have people in America thinking it is ok to pay $5 for a cup of coffee."

If you just had a financial scare....cutting back on $5 coffee is a fairly painless place to cut your costs. Although many americans that are hurting will be too dumb to start with something this simple.

I think there are much better choices, stocks or industries more beat up.

I think it is reasonably embedded in american culture now that it isn't really a luxury item anymore. Large purchase discretionary items would have this problem if anything. And we're talking 1 month of bad news, doubt that is making people go back to 1930's frugality anytime soon if they feel the worst is behind them.

And I don't think we're anywhere close to the end of this really, I was just saying if/when things start to look up, I see SBUX as a great reflation trade.
 

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NYC hotels hoping for July re-opening following coronavirus shutdown



The hiatus is also expected to be painful for the thousands of people employed by the hospitality industry, including housekeepers, bellhops, reservation clerks, waiters and maintenance workers.
Rogers says about 75 percent of hotel workers across the country have already been furloughed or let go by now, while Peter Ward, head of the Hotel and Motel Trades Council, told NY1.com that some 95 percent of the hotel industry’s union staff could be laid off as soon as this week.
The 878-room Hudson Hotel New York has not yet closed because it is still sheltering stranded overseas travelers — and potentially first responders, explained Geoffrey Mills, vice president of the Hudson. Some 60 travelers from Spain, Italy and France have extended their stays at the Midtown hotel because they don’t feel comfortable traveling, Mills said.
Born, too, has registered his hotels with the city and state to serve as accommodations for the emergency and health care workers who will be operating out of makeshift hospitals at the Jacob K. Javits Convention Center, universities and other spaces also being made available to treat an expected flood of coronavirus patients
.



 

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do you have an opinion on sending folks back to work , stopping this mass shutdown despite likely not being 'out of the woods'?

There is no easy answer. Since you asked I will give my opinion.

The very first thing is I would implement the defense production act. Not say a bunch of companies are calling an would be willing to make shit. Order who I want to make and what I want them to make. We have wasted at the minimum of a week(s) with no action reported.

I would take all purchasing away from the states (driving the prices up) but if you do that you sure as hell better not delay states from getting the supplies they need. Put a bigger emphasis on those areas needing it the most.

Almost all of that would be to make ventilators, masks etc for the health care industry. I may have said this before but I looked up the ventilator manufacturer to buy their stock. Private company with 25 people. No way they would be able to meet the demand. We need to have our medical community safe or we lose our ability to care for those that become ill. 3M is a Minnesota company, they make the masks in South Dakota. They have a plant in China too. Do you know what they did in China during their crisis? Every single mask was taken by the government and went for China's needs. From a 3 M employee they said they were not even sure how many were made there and if they were ever even going to get paid for them.

Once we have enough supplies and equipment the ability to get back to a more normal USA would be much easier. I think the American people would be able to feel it is safe to go back to work and if they did catch the virus that their ability to survive would be very good. Everything I have read is that places like Italy is overwhelmed and they are basically playing God in the hospital and trying to use the equipment to save those they think have the best chance to survive.

If we are the greatest country in the world why cant we do this in 30 days?

I would continue to have those at risk to remain at home.

I would then start allowing companies to start back to work. I would not allow what I consider fringe/non vital companies to re-open yet. Bars, restaurants, sporting events, movies, amusement parks, theaters...anything with large crowds that we dont have to have.

As the virus works it way through the population ideally those that get infected cannot get infected again.

Additionally fund multiple companies to find a vaccine and pay for them to make millions of doses of the drug and if it doesnt work....so what throw it down the drain. If one works then we are even more prepared.

Until we have the medical supplies to handle the problem.....I think any other plan is almost like assisted suicide. If you are the richest country in the world act like it for your citizens. Unfortunately not everyone is as fortunate financially as others. While I am on it. There is no reason for any child in america to get to bed hungry. If you are an adult and dont want to work or make bad choice i dont have as much sympathy. But the child didnt make any bad choices.
 

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I think it is reasonably embedded in american culture now that it isn't really a luxury item anymore. Large purchase discretionary items would have this problem if anything. And we're talking 1 month of bad news, doubt that is making people go back to 1930's frugality anytime soon if they feel the worst is behind them.

And I don't think we're anywhere close to the end of this really, I was just saying if/when things start to look up, I see SBUX as a great reflation trade.

Hope you are right if you buy. I love getting a $5 cup of coffee about 4 times a year. Cheap engineer.

I like buying stuff where I believe in their product....expensive coffee doesnt do it for me
 

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NYC hotels hoping for July re-opening following coronavirus shutdown



The hiatus is also expected to be painful for the thousands of people employed by the hospitality industry, including housekeepers, bellhops, reservation clerks, waiters and maintenance workers.
Rogers says about 75 percent of hotel workers across the country have already been furloughed or let go by now, while Peter Ward, head of the Hotel and Motel Trades Council, told NY1.com that some 95 percent of the hotel industry’s union staff could be laid off as soon as this week.
The 878-room Hudson Hotel New York has not yet closed because it is still sheltering stranded overseas travelers — and potentially first responders, explained Geoffrey Mills, vice president of the Hudson. Some 60 travelers from Spain, Italy and France have extended their stays at the Midtown hotel because they don’t feel comfortable traveling, Mills said.
Born, too, has registered his hotels with the city and state to serve as accommodations for the emergency and health care workers who will be operating out of makeshift hospitals at the Jacob K. Javits Convention Center, universities and other spaces also being made available to treat an expected flood of coronavirus patients
.




Trying to use a hotel as a temporary hospital seems to make sense. They get some revenue. Maybe some of the employees can work their too. Problem will be running out of supplies and medical employees nurses, doctors etc.

My daughter works for a hospital system in Minneapolis. Is smart and has a masters degree. The are she works at one of their clinics. Her clinic is being shut down. They are going to reassign her to another area of the hospital that need assistance. They are going to give her some quick training and then it is learning on the fly.
 

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Come on guys. What stocks are we wanting to scoop up? Tomorrow will be here soon. I think that the markets are gonna jump. (I could of course be wrong. But I really don't think I am)

For a buyer there is a seller. There is going to be a big amount of volitilty in the market. There will be days of big ups and downs. People just covering their positions. Tomorrow may be an up but I think there are more downs coming than up. There was some support at 2200 on S&P but for how long. We break that then where is there support 1,700.

Also look at my comments on the Japanese market.

I may sound like a huge pessimist but I am usually more the optimist. A friend of mine is usually the optimist and he is saying buy and I am saying wait. Asked him how that happened.
 

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