Boiler Room: The Official Stock Market Discussion

Robbie3000

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treasury secretary just said unemployment might hit 20% and could be heading towards a recession.

:mjlol:

Don’t believe anything that comes from that White House.

That sounds like something Trump would make up to scare Senators into cutting checks to buy Trump the election and at the same time set expectations so low that even if unemployment reaches 2009 levels of 10%, he can claim he saved us from a great depression.
 

Loose

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:mjlol:

Don’t believe anything that comes from that White House.

That sounds like something Trump would make up to scare Senators into cutting checks to buy Trump the election and at the same time set expectations so low that even if unemployment reaches 2009 levels of 10%, he can claim he saved us from a great depression.
Ugh i disagree, as much as i hate trump this will easily be worst then 2008 or even the depression. You literally have all sources of entertainment closed down which includes gyms , clothes stores, airlines, restaurants etc. I honestly think it may be higher than 20%. Lots of these businesses including small business will straight up just not exist going forward.
 
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Robbie3000

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Ugh i disagree, as much as i hate trump this will easily be worst then 2008 or even the depression. You literally have all sources of entertainment closed down which includes gyms , clothes stores, airlines, restaurants etc. I honestly think it may be higher than 20%. Lots of these businesses including small business will straight up just not exist going forward.

We are in uncharted territory, I’ll give you that.

But to ironically quote John McCain in the fall of 2008, the fundamentals of the economy are strong.

I should probably research if there are any recorded depressions or deep recessions caused by natural events like pandemics or natural disasters in recent history.

Either way, it’s a damn shame that we have to question everything that comes out of this White House.
 

Pyrexcup

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Seriously its crazy when you look at stock Prices 10 years ago companies where is low single double digits are now in the hundreds
 

stave

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Set some drastic limit buys I don't expect to pickup on unless it really goes code red

Ford $2
Starbucks $45 (preferred choice of the 3)
Boeing $75

May say fukk it if Google drops into the low 9s may say fukk it earlier in the high 9s
 

winb83

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I got 3 more shares of Uber set to buy at 16.80. I've been buying like 3 a day since it's fallen below $21. Bought a share of Ford also cause I had some change left over.
 

mr. smoke weed

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for the people buying PLAY:

does it not phase you that Dave & Busters has literally 0 plan right now and that the virus hasnt even peaked here yet?

let alone the average person who would go to D&B will prob lose their job next month.

not to mention they were struggling b4 the virus
Buy it now for 3 years from now. Not 3 months.
 
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