Thread: Rants and Stupid shit in Orange County
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04-05-20 02:50 #33
Posts: 1432NETFLIX is in the leisure industry. In a bad economy, people will cancel it.
It has poor growth and very poor balance sheet. Analysts rank it very bearish.
Originally Posted by Oswalt [View Original Post]
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04-04-20 18:00 #32
Posts: 292Bounce
Instead of waiting two or three years for CCL or BA to recover, if at all in CCL case, go with something you know and is in demand even in this environment. NFLX. Worldwide demand. Earnings 4/21. Keep turning out content like Tiger King to keep the masses happy. If its too pricey for you look into the options market.
Originally Posted by CaptainSolo [View Original Post]
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04-04-20 15:00 #31
Posts: 1432Headsups about money
Incognito.
You are very well-informed about the sex as well as the stock market. You gave me some very good ideas here.
There were lots of dead cat bounces in the market in March. With the tanking global economy. Lots of them will drop dead then bounce again.
I use Fidelity for a number of accounts. Their web site has lots of market and stock info plus the ease to move from stock into funds when I am not playing.
Glad to hear from you. Please give the bros headsups with any worthwhile news about the market moves.
Originally Posted by Incognito22 [View Original Post]
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04-04-20 11:46 #30
Posts: 20Originally Posted by CaptainSolo [View Original Post]
If you are in it for the long haul. Look into automated diversified accounts like Schwab intelligent portfolios, especially if you have over 50 k (non-retitement) to invest. Schwab will do automatic tax loss harvesting.
Google, tax loss harvesting. Basically if a stock you own goes down in value, and you sell it following specific rules you can claim up to $3,000 a year in tax deductions, you can roll over anything over $3 k a year into future years. Better still it hides your gains when you pull money out. Last year I pulled a big chunk out for a large purchase, and of course the market has been doing great for 2+years so I expected to get hammered on capital gains. Thanks to tax loss harvesting the 30 k+ profit I had earned on that money was hidden from the IRS, because the shares had been bought and sold every time the market dipped, then recovered I actually only had to pay taxes on 3 k of those market gains.
My golden rule, find out how the billionaire class cheats, then copy them.
Personally I have pulled my non-retirement out of the market; and into the highest interest savings I could find. Remember even if you are only earning 1. 5%. With the market down 20%. You are actually up 21.5%.
I am expecting huge political and market instability with the next election, and I have zero confidence our Dotard in chief could lead us out of a well lit downhilll 100' tunnel.
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04-03-20 15:42 #29
Posts: 1432Groping for the stock market bottom
I am looking for signs that the stock market has bottomed out to buy some stock.
The Market Watch site theorizes that the bottom is near when the major indexes move up and close at or near the top of the day's range 4 days in a row. Sounds pretty logical to me.
A wingman mentioned buying Carnival stock after the Gran Princess was repeatedly denied docking in Asia, and the stock was tanking, lost 70%. Like Boeing, CCL went down went down very low but their balance sheets are shit. We are looking at a very tough economic time in the next few years. Pleasure stocks like CCL may go bankrupt; Boeing is a critical national asset, government would never let it go bankrupt. But its balance sheet is such shit now that it would have to load down with a lot of debts to survive, then needs 5 to 7 years to dig itself out of its mess. AVOCO, the plane leasing co in Ireland, today just canceled order for 70 737 MAX worth $11 billions. Damn. Boeing engineers and managers really fucked up the company by Jerry rigging the 737 MAX.
There is not much sex and girls to talk about in this lock down time. So it would be nice to hear any sexy ideas how to make money.
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03-30-20 16:44 #28
Posts: 14325 reasons why the USA Spread of COVID-19 could be worse than Italy
https://www.marketwatch.com/story/5-...od=nextup_bomw
5 reasons why the USA Spread of COVID-19 could be worse than Italy.
Published: March 30,2020 at 3:24 pm ET By Tomi Kilgore.
Infection growth likely to start slowing late-April before 'second wave' hits central USA Cities; social distancing timeline likely to be pushed past April 30, Morgan Stanley says.
The spread of COVID-19 in the USA Is accelerating and mortality is increasing exponentially, putting the USA On a potentially worse trajectory than Italy, according to an analysis by Morgan Stanley.
Biotechnology analyst Matthew Harrison said he expects President Donald Trump will have to extend the social distancing timeline again, past April 30. His new forecast for the USA Calls for a peak of approximately 570,000 cases in about 20 days. That's roughly triple the prior forecast of about 200,000 cases at the peak. Read MarketWatch's coronavirus update.
Also read: Trump extends national social-distancing guidelines through April 30.
His worry is that while the first wave of infection growth could start slowing in late April, the USA Will be hit with a "second wave" of growth, emanating from the central regions.
"Importantly, this new forecast continues to assume more social distancing and a continued rapid increase in testing," Harrison wrote in a note to clients. "We would highlight that the biggest risk to this forecast is that while we have reasonable confidence the East and West coasts will reach peak cases in the next 2-3 weeks, the interior of the country is now exhibiting signs of new outbreaks. ".
He said there is also risk that the second wave delays the USA Peak, or causes "recontamination" of the coastal cities.
"Current USA Trends are concerning, suggesting a course potentially worse than Italy," Harrison wrote in a note to clients. "We highlight five dynamics to watch which we believe suggest the USA Is facing a broad and accelerating outbreak. ".
1) USA Cases are growing the fastest.
"The USA Now has the largest number of cases among all countries, while the growth rate of USA Cases is now the highest among all countries we follow. And is accelerating faster than Italy when adjusted for the start of the respective outbreaks. ".
2) USA Mortality is not slowing despite social distancing.
"Mortality is increasing at an exponential rate in the USA At a slightly lower slope than Italy prior to its lockdown. While mortality will lag new cases, other countries have been able to slow from exponential growth after lockdowns. ".
3) New cases are growing faster than testing capacity.
"Rates of testing positivity continue to trend higher across the USA As testing rates lag other countries and cases are growing faster than tests, suggesting the USA Continues to lack enough testing capacity. ".
4) New 'hot spots' are exhibiting growth above other regions.
"Case rates for emerging USA 'hot spots' are growing at rates faster than all countries or USA States. This suggests new USA Cases could continue to accelerate. ".
The new hot spots include Louisiana, Michigan and Illinois, as well as New York and Florida.
5) Social-distancing measures remain not as strict as other countries.
"The USA Has more limited quarantine measures compared to Italy or China. ".
Italy is exhibiting stabilization, and is now likely to reach a peak about 15 days after China. That represents a time to peak that is 2-times that of China and 3-times that of South Korea.
"With the USA Potentially trending worse than Italy, we would expect more social distancing to reduce the risk of tracking significantly worse than Italy. ".
Data suggests faster spreading in the USA, with the "reproduction number" of the USA At 2. 44 higher than Italy at 1. 48, while the doubling time of cases in the USA Of about 3. 7 days is lower than Italy's at 10 days, "pointing to a significantly faster elevation of case numbers in the USA Than Italy. ".
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03-26-20 02:01 #27
Posts: 1432Budhha.
Looks like NY will get really fucked up with hundreds thousands infected and have only 3,000 beds with 400 respirators. Cuomo knows he will get not much more support from Trump regardless how much beetching he's doing, but he has to show his constituency that he's working and trying hard. If not he will not get reelected.
Technically Cuomo can claim the virus came from outside his state border, so it's not his problem but a federal one. Also the US government has FEMA as a central agency to support any state with disasters, so states don't have to duplicate efforts.
Cuomo can cry and scream, but it looks pretty clear now that the US responses to this virus will be slower and lighter than those of China.
Originally Posted by BuddhaHead [View Original Post]
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03-25-20 00:47 #26
Posts: 1432City of Tijuana 'finally' goes on coronavirus lockdown
https://www.borderreport.com/regions...irus-lockdown/
City of Tijuana 'finally' goes on coronavirus lockdown.
By: Salvador Rivera Posted: Mar 24,2020 / 05:54 PM GMT-0600 / Updated: Mar 24,2020 / 05:54 PM GMT-0600.
TIJUANA (Border Report) — With its northern neighbor, California, already on lockdown, the City of Tijuana had remained status quo and had refused to officially lock down the city to prevent the spread of the coronavirus. Until today.
The city just announced that bars, movie theaters, churches, gyms and other gathering places throughout Tijuana be closed.
City officials had been hesitant due to the fact only two coronavirus cases had been reported in previous weeks. Both cases were called "imported" because the two people who tested positive had traveled to the United States recently.
But with more and more people testing positive for Covid-19, the city finally put out the order.
The list also includes funeral homes, casinos and museums.
People are saying it "was about time" the city enacted such measures in accordance with the World Health Organization.
Tijuana's population is close to 2 million people and sits directly south of the border from San Diego.
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03-24-20 19:43 #25
Posts: 1432Personal attacks
Ump,
The whole world is worried stiff about the damages of CoVid19, but there will always be irrational guys who pursue pleasures regardless how grave the risks.
I don't do any mongering or know anyone in Chicago, so have no good reasons to post there. But you can research the news and post pertinent content there.
There are ugly guys who never post any helpful or worthwhile infos and analyses, but would attack other posters out of hate, envy and jealousy. Readers can see through their stupid motivations and treat them accordingly. You can report the attacks.
Originally Posted by Ump1969 [View Original Post]
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03-24-20 18:16 #24
Posts: 747Originally Posted by CaptainSolo [View Original Post]
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03-24-20 17:07 #23
Posts: 824Originally Posted by CaptainSolo [View Original Post]
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03-24-20 16:59 #22
Posts: 834That is more than enough. CDC says 1/3 cup per gallon of water.
Originally Posted by LiftHerUp [View Original Post]
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03-24-20 13:01 #21
Posts: 1432Over 25,000 CoVid19 cases in NY, doubles every 3 days
https://www.nytimes.com/2020/03/24/w...594e1bf1f8295e
New York's case count is doubling every three days, the governor says.
Image: Gov. Andrew M. Cuomo of New York speaking at the Javits Center in Manhattan on Monday. Credit. Demetrius Freeman for The New York Times.
Gov. Andrew M. Cuomo, who last week adopted a friendly tone toward President Trump, got as close as he has to chastising the federal government, which has so far sent 400 ventilators to New York City.
"You want a pat on the back for sending 400 ventilators," Mr. Cuomo said. "What are we going to do with 400 ventilators when we need 30,000 ventilators? You're missing the magnitude of the problem, and the problem is defined by the magnitude. ".
Mr. Cuomo, speaking at the Javits Center in Manhattan, which the Army Corps is retrofitting into a 1,000-bed emergency hospital, said the rate of new coronavirus infections in New York is doubling about every three days.
"We haven't flattened the curve. And the curve is actually increasing," he said. The governor, appearing in front of piles of medical supplies, spoke in a far more sober tone and delivered notably bleaker news than he has in previous days.
The peak of infection in New York could come as soon as two to three weeks, far earlier than previously anticipated, Mr. Cuomo said, which would put even bigger strain on the health care system than officials had feared.
"The apex is higher than we thought and the apex is sooner than we thought," Mr. Cuomo said. "That is a bad combination of facts. ".
The governor said the state now projects that it may need as many as 140,000 hospital beds to house virus patients, up from the 110,000 projected a few days ago. As of now, only 53,000 are available. Up to 40,000 intensive-care beds could be needed. "Those are troubling and astronomical numbers," he said.
As of Tuesday morning, New York State had 25,665 cases, with at least 157 deaths. The state now accounts for nearly 7 percent of global cases tallied by The New York Times.
Some 13 percent of people who have tested positive were hospitalized as of Tuesday with nearly a quarter of those hospitalized in intensive care.
"That's the problem," Mr. Cuomo said. "As the number of cases go up, the number of people in hospital beds goes up, the number of people who need an I. C. you. Bed and a ventilator goes up, and we cannot address that increasing curve. "
In New York City alone, there have been around 15,000 cases.
Mr. Cuomo said that New York was a harbinger for the rest of the country.
"Look at us today," he warned. "Where we are today, you will be in four weeks or five weeks or six weeks. We are your future. "
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03-24-20 01:00 #20
Posts: 824Need help
Originally Posted by CaptainSolo [View Original Post]
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03-23-20 15:07 #19
Posts: 1432No CoVid19 symptoms after 2 weeks
DramaFree in ISG went in HK 2 weeks ago, afterwards immediately got hard coughing, weak health, loss of taste and smell, most CoVid19 symptoms. He visited his parents in Las Vegas and quickly passed it on to them, same symptoms. This virus infects very quickly and widely.
Sat March 7, I was worried about the pandemic, but a noob wanted to go, so another wingman and I went. We were all over La Zona, in HK, Chicago, Chevelas, Tropical, eating at the school girls' mariscos cart and HK tacos stand. The noob was DFKing a Chicago girl for half hour before doing a long and strong session with her. On the way back we decided to stay off TJ a few weeks waiting to see how CoVid19 develops in TJ. It's been over 2 weeks. All 3 of us have no symptoms. It's proof we did not pick up anything in TJ.
Now we are laying low, making sure we will not pick up the virus in SoCal so we can live many more years, waiting for the good news when the virus is under control so we can come back to TJ to warm the hearts of sweet, pretty chicas.