All things STOCKS

#2,251
#2,251
Thunder Good-Oil said:
Don't forget to mention that a government bailout won't necessarily protect shareholders. Delta is still flying, but the stock became worthless about 15 years ago.
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Good point. If the govt didnt come to the rescue in late March, there would likely be a couple of companies that would be evaluating BK now. I'm not sure the shareholders will get as friendly of a bailout deal under a Biden Presidency or in the Fall right before the Election as they did this March.
 
#2,252
#2,252
BigOrangeMojo said:
Good point. If the govt didnt come to the rescue in late March, there would likely be a couple of companies that would be evaluating BK now. I'm not sure the shareholders will get as friendly of a bailout deal under a Biden Presidency or in the Fall right before the Election as they did this March.
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Well luckily, Biden won’t be the president.
 
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#2,253
#2,253
VolAllen said:
Well luckily, Biden won’t be the president.
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You can caveat this comment since I wont be voting for Trump. Incumbents who have an economy in recession do not get re-elected. Fortunately for Trump, it appears the Democrats will nominate another severely flawed and weak candidate.
 
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#2,255
#2,255
Tri-CitiesVol said:
The economy is hardly his doing.
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While that may or may not be true, history shows that unemployed and underemployed do not support the incumbent when they step into the voting booth (I will keep that comment generic enough to keep it out of the Politics Forum)
 
#2,256
#2,256
BigOrangeMojo said:
While that may or may not be true, history shows that unemployed and underemployed do not support the incumbent when they step into the voting booth (I will keep that comment generic enough to keep it out of the Politics Forum)
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The economy and the stock market will be back stronger than ever before November, and Trump will look like a magician. Watch and see.
 
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#2,257
#2,257
VolAllen said:
The economy and the stock market will be back stronger than ever before November, and Trump will look like a magician. Watch and see.
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If it's back by then, Trump will win. Biden is too weak of a candidate to win with a strong economy. If the economy is not back by then, I hope you are outta SAVE ;)
 
#2,258
#2,258
The biggest headwind is going to be generating revenues at every level of government. Tennessee has been managed well. Many municipalities are going to be disasters (and the federal government does not need to bail them out). I really should ditch the muni fund in our main account. But I'm sure that it's being managed very conservatively.

Trump is probably doing the right thing at selling as much 10, 20, 30 year debt as possible right now. But most of that needs to be used to replace higher rate issues. He needs to get everybody working again ASAP since payrolls are where the majority of federal taxes come from. We also need to get our younger demos interested in trades again. We need plumbers and welders and machinists and mechanics. We don't need Women's Studies and Art History majors.
 
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#2,261
#2,261
I think if I see $17-18 this week on my cruise lines I’m just going to lock in the profit. Scared me seeing NCLH go all the way back to $10.
 
#2,273
#2,273
I might be falling in love with BLMN. I bought 20k shares at 6.10. Sold six weeks later at 10.50, 12.50, and 13.00. I bought back in 20k shares last Thursday at 9.14 and sold again today at 10.70. I closed today up 23% for the year in my primary portfolio. I'm holding about 25% in stocks, 35% in cash, and 40% in GLD and GDX.
 
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#2,274
#2,274
TheColdVolTruth said:
I might be falling in love with BLMN. I bought 20k shares at 6.10. Sold six weeks later at 10.50, 12.50, and 13.00. I bought back in 20k shares last Thursday at 9.14 and sold again today at 10.70. I closed today up 23% for the year in my primary portfolio. I'm holding about 25% in stocks, 35% in cash, and 40% in GLD and GDX.
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Great work!
 
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#2,275
#2,275
The traditional, full service sit-down restaurants are a pretty good proxy for the state of the economy. Those with large dining areas and huge parking lots seem to be doing very well (especially the big lots, I see dozens of cars lined up for take out... dining areas are just now re-opening at generally 50%).

I think that the fast casuals are getting a small boost from beverages at the expense of Coca Cola and Pepsi. When there is so much more carry out, the expense of drink refills has dropped (while KO and PEPs sales fall).
 
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