Investing General Discussion

  • Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!



    Go here and give us your nominations!
    Who's been the biggest Asshat in the last year? Give us your worst ones!
Pops

Pops

Avatar of War Slayer
8,136
21,317
I had a client Mist on the LA City planning commission. He would get directed all sorts of IPO stock. Besides his front running of zoning changes.
 
brekk

brekk

Dancing Dino Superstar
<Bronze Donator>
2,193
1,749
Mist said:
www.propublica.org

Senator Dumped Up to $1.6 Million of Stock After Reassuring Public About Coronavirus Preparedness — ProPublica

Intelligence Chair Richard Burr’s selloff came around the time he was receiving daily briefings on the health threat.
www.propublica.org www.propublica.org
Click to expand...

I feel like all Congressman, Senators and the President should be forced to move their stock portfolios into in a special ETF while in office that matches the S&P and they can only withdraw once out of office. Cuz that bullshit is insider trading. If they improve the economy they win like everyone else, if they don't, suck it up buttercup.
 
  • 7Like
Reactions: 6 users
LachiusTZ

LachiusTZ

Rogue Deathwalker Box
<Silver Donator>
14,472
27,162
brekk said:
I feel like all Congressman, Senators and the President should be forced to move their stock portfolios into in a special ETF while in office that matches the S&P and they can only withdraw once out of office. Cuz that bullshit is insider trading. If they improve the economy they win like everyone else, if they don't, suck it up buttercup.
Click to expand...

I think we need to drag a couple of them into the street, and put a bullet in their brains.
 
  • 2Like
Reactions: 1 users
Pops

Pops

Avatar of War Slayer
8,136
21,317
They all are crooks. Now I'm time tripping. I had this guy as a client. Never earned a cent off him. Only deposited money in the money market, which paid 18% at the time. Wasn't much either.

darth.jpg
 
Ravishing

Ravishing

Uninspiring Title
<Bronze Donator>
8,456
3,577
Today looks like a good day to sell off, I gotta believe Monday is going to be a bad one.

US had near 5k new cases yesterday, expect higher today and over the weekend. Entering Monday with 50k+ confirmed cases will cause another panic imo
 
Furry

Furry

🌭🍔🇺🇦✌️SLAVA UKRAINI!✌️🇺🇦🍔🌭
<Gold Donor>
21,906
28,636
I'm curious if people have noticed this in their areas. I live in a heavily republican area and nobody gives a fuck about the quarantine. Vast majority of businesses are open and busy, including ones "shut down".

I have a feeling this is going to hit democratic strongholds a LOT harder than republican ones. Major cities and highly populated areas, but I haven't been to one to see how effective their quarantines are.
 
Ravishing

Ravishing

Uninspiring Title
<Bronze Donator>
8,456
3,577
You can't know until your state improves testing. NJ has 4th most confirmed cases, there are some in my area. Testing takes 5 days in some cases, I have a relative waiting for test results. You're going to see a spike this weekend as results from earlier in the week start pouring in
 
P

Pharazon2

Trakanon Raider
672
1,050
Cuomo just announced allowing only essential personnel to keep working for now in NY. Dow was dropping like a rock, went from +400 to negative in a couple minutes. Looks like its stabilized though for now around even from yesterday's close interestingly. Seems like a lot of resistance in the 19k-20k range, that it's going to take a new level of bad news to trigger a drop below this ? I would have thought this would have more impact on markets to basically shut down NYC lol.
 
Blazin

Blazin

Creative Title
<Nazi Janitors>
6,952
36,149
Best sign I see so far is even when it went red the vix was still down 12%. We really need volatility to go down, the up or down moves are going to be meaningless compared to stabilization.


Press conference could throw it all to the wind in a few mins. depending on tone
 
Furry

Furry

🌭🍔🇺🇦✌️SLAVA UKRAINI!✌️🇺🇦🍔🌭
<Gold Donor>
21,906
28,636
Ravishing said:
You can't know until your state improves testing. NJ has 4th most confirmed cases, there are some in my area. Testing takes 5 days in some cases, I have a relative waiting for test results. You're going to see a spike this weekend as results from earlier in the week start pouring in
Click to expand...
I was thinking in terms of economic impact.
 
You must log in or register to reply here.