Boiler Room: The Official Stock Market Discussion

[old pig]

also I’m seeing the IPOC merger date is set for Q1 next year so if you’re buying it up soon be prepared to be patient

SPAC News: 13 Things to Know About the Clover Health Deal

 

[Saysumthinfunnymike]

Check this out. I've had both Livongo and Teledoc in my M1. We knew about the potential for the merger a while back and both took a hit on that news but as it nears closer you look at what both bring to the table and to me it's a no brainer. This kid here breaks down everything you need to know. I don't have an idea of what a good cost basis would be mines is around $185/share. But, it has all types of potential*




*Entertainment purposes.

 

[Starski]

Hot take: If dems don’t get a sweep during elections market will tank.

 

[Serious]

@Scholar u scared

 

[Saysumthinfunnymike]

Hot take: If dems don’t get a sweep during elections market will tank.

Nah, Wall Street would be okay with a split government. A stimulus is going to happen it's a matter of when/how much. A split government for institutions would mean that Trump is out of office which gets them back in with China and less to worry about everyday with him but the GOP senate wouldn't allow a tax increase on capital gains, etc..

So I mean really it's a win/win for them long term

 

[Starski]

Nah, Wall Street would be okay with a split government. A stimulus is going to happen it's a matter of when/how much. A split government for institutions would mean that Trump is out of office which gets them back in with China and less to worry about everyday with him but the GOP senate wouldn't allow a tax increase on capital gains, etc..

So I mean really it's a win/win for them long term

It is my belief the street is pricing in helicopter money. Hell if you look at BoA /GS reports their economists are lumping them in 3 categories (3.5T / 1.5T / 500B).

IDK how you can brush off how much and when like those two are easily the most important questions of investing lol. HUGE difference a 500B stim being passed than 3.5T (and dems prob won’t stop there).

The risk of the lack of substantial stimulus takes forefront to anything else - why do you think Powell is constantly pushing for it?

 

[Saysumthinfunnymike]

It is my belief the street is pricing in helicopter money. Hell if you look at BoA /GS reports their economists are lumping them in 3 categories (3.5T / 1.5T / 500B).

I'm not "brushing it off" haven't you been following the negotiations? Trump has upped it to $1.8T but Pelosi still wants minimum $2.4T. Mnucin said today that he's willing to go to $2.2T and maybe beyond that..

So in my view the least amount to be passed is going to be $1.8T which is way more than the $500B you are talking about, that's old news...

 

[Starski]

I'm not "brushing it off" haven't you been following the negotiations? Trump has upped it to $1.8T but Pelosi still wants minimum $2.4T. Mnucin said today that he's willing to go to $2.2T and maybe beyond that..

So in my view the least amount to be passed is going to be $1.8T which is way more than the $500B you are talking about, that's old news...

I'm not "brushing it off" haven't you been following the negotiations? Trump has upped it to $1.8T but Pelosi still wants minimum $2.4T. Mnucin said today that he's willing to go to $2.2T and maybe beyond that..

So in my view the least amount to be passed is going to be $1.8T which is way more than the $500B you are talking about, that's old news...

I’ll be real curious how generous republicans will be if they keep trump and the senate, which is kinda the point. You don’t think the risk of loosing power and the amount willing to offer is positively correlated?

I wouldn’t be surprised if Republicans sweep that $400 a week goes down too $200 if that

“after reassessing our financial position & the new economic data we belive it’s unnecessary at this point”.

All that priced in earnings power evaporated.

 

[Saysumthinfunnymike]

I’ll be real curious how generous republicans will be if they keep trump and the senate, which is kinda the point. You don’t think the risk of loosing power and the amount willing to offer is positively correlated?

Trump wants this deal before the election. If they reach a deal and then the Dems still gain control there is nothing stopping them from adding to this package. I think what's being priced in right now is that a big stimulus will happen sooner than later.. The timing of it is questionable but everyone believes it's either going to be late October or late January. Trump didn't backtrack for no reason. He knows this deal needs to happen.

 

[the cac mamba]

unless pelosi signs off on 1.8, no stimulus will pass before the election. and if it doesnt happen before the election, then theres no stimulus until march

so pelosi can sign off on 1.8, and theres a 50/50 chance it gets thru the senate. or thats it, no other scenario or bill

im just trying to time when to do some selling

 

[K-Deini]

Man I need some advice on what to do in terms of buying a house. I been looking at places here (Nj) and I just can't justify paying these prices their charging. In the middle of a pandemic, jobs ain't coming back and home prices are at an all time high and shyt. When do yall think its gonna come back down so I can get a decent deal? I ain't trying to buy at the peak

 

[Kyle C. Barker]

unless pelosi signs off on 1.8, no stimulus will pass before the election. and if it doesnt happen before the election, then theres no stimulus until march

so pelosi can sign off on 1.8, and theres a 50/50 chance it gets thru the senate. or thats it, no other scenario or bill

im just trying to time when to do some selling

Does Mitch McConnell even like the 1.8 figure? I'm not sure he's even bothered to join in on the stimulus talks since June.

Then there's him standing firm on not wanting to drop covid liability protections for businesses.

I don't think the stimulus is going to happen at all. I guess it really depends on every single seat that gets won or lost during the next election. I can see why wall street feels unreasy about all of this

 

[the cac mamba]

Does Mitch McConnell even like the 1.8 figure? I'm not sure he's even bothered to join in on the stimulus talks since June.

Then there's him standing firm on not wanting to drop covid liability protections for businesses.

I don't think the stimulus is going to happen at all. I guess it really depends on every single seat that gets won or lost during the next election. I can see why wall street feels unreasy about all of this

no, but if pelosi signs off on 1.8 then mitch and the senate repubs are under huge pressure to sign it too, otherwise they'll look like scumbags before the election. dems could hammer them on it

 

[the cac mamba]

Man I need some advice on what to do in terms of buying a house. I been looking at places here (Nj) and I just can't justify paying these prices their charging. In the middle of a pandemic, jobs ain't coming back and home prices are at an all time high and shyt. When do yall think its gonna come back down so I can get a decent deal? I ain't trying to buy at the peak

i think theres just too much demand for housing at this point to be a housing crash. it might dip a little, but if you find one you want then dont wait it out. especially w these low interest rates

of course, maybe im fulla shyt and it crashes in a year, who knows. but im looking around too, and thats my perception

 

[K-Deini]

i think theres just too much demand for housing at this point to be a housing crash. it might dip a little, but if you find one you want then dont wait it out. especially w these low interest rates

of course, maybe im fulla shyt and it crashes in a year, who knows. but im looking around too, and thats my perception

Interest rates are expected to remain this low for a few years so atleast i have that on my side