>Stimulus News: Pelosi sent this letter to Democrats politico.com/f/?id=00000175-12ca-db77-abff-36da88140000 >"the Trump proposal is insufficient in meeting families’ needs" >"A key concern is the absence of any response on a strategic plan to crush the virus" >"Republicans are insisting on a tax credit for the wealthiest people in America, which is retroactive and therefore not coronavirus related, at the expense of tax credit for the families of our poorest children who are directly affected by coronavirus." >"This proposal amounted to one step forward, two steps back" reportdoor.com/trumps-hurdles-to-stimulus-climb-after-abrupt-tactical-shift/ >"It took 19 days after enacting the last stimulus, in March, to send out stimulus payments to individuals, Goldman Sachs Group Inc. analysts pointed out. There are now 24 days left until the election." It's over. There's no way that it'll happen now - politically it doesn't make sense for either side; if the voters don't receive the check before election day it's better to wait til after.. (in their minds)
Movie theaters were already an unhealthy business before they had to close down for half a year.
Jordan Baker
>50 hour EMA above the 200 hour EMA >price gets at/near the 200 >buy some >prepared to buy more at 4x/8x/16x the ATR below the 200
anyone else do this or just me? backtest it some time, it's amazingly accurate, especially on shit like QQQ or SPY etc, or just blue chips in general. you could say you'll exit if the 50 crosses below the 200 while in the trade but honestly even there i've found most of the time, excluding biblical shit like 2008 or the covid crash or dot com crash (once in a decade shit that will probably be extremely obvious if you don't live under a rock and actually check the news once in a while or talk to literally anyone ever), if you just fucking wait you can at least get break even or a small profit on a bounce because even during the covid crash you can clearly see there was still dip buying on the way down, it wasn't a straight line or anything. except under those extreme circumstances you can honestly just wait. you can do this on the daily time frame too, the 200 hour and 200 day MA's are extremely well respected by institutions, 50 to a certain degree too but 200 especially is a huge deal to tutes on those timeframes.
i also want to look into how well buying or shorting outside of OI walls works but i don't know how to get historical data on that, though i've been taking some screenshots the past couple of weeks so i have a bit of data i can look at. anyways, it's weekend /smg/ time finally, so, is anyone down to talk strategy in detail? i'm curious what ideas you guys have and how much success you've had with them so far.
>AMC copypasta Even if a vaccine comes out.. It'll come out in stages - where it goes to the people who need it the most first, then 'medium' need, then young people - it's not going to just be "okay everyone you can go get your vaccine now" Currently ~50% of the population is also refusing to take the first vaccine, wanting to wait & see how it affects other people / if it can be trusted. After the vaccine is released, you're looking at 6-10 months before it actually would change behavior.. Furthermore, you're not thinking at all about the "chicken" of AMC (the "egg") The chicken is movies - there are not new movies being made, especially anywhere to the level of blockbuster films that would revitalize the industry Financing has also been crowded out, so it's going to be harder to produce movies The new Batman movie already had to stop production because of Pattinson getting covid - it's going to take a lonnnnng time before the movie production industry picks back up It takes ~1 year for movies to be made - so you're looking at 18-22 months before recovery.. Covid is spiking hard nationwide - it's only going to get worse this winter I think that movie theaters will survive.. but it's going to be very messy for the next 2 years. For these reasons, I'm out
Jaxson Thomas
But small number was once slightly larger number so it's a definite buy
Nicholas Watson
I feel like AMC boys don’t know that other stocks will benefit from vaccine news far more. They’re on the verge of bankruptcy. This isn’t like GME. GameStop has had incredibly healthy financials.
Luke Morales
So if I sell a put right now, on Monday it could give me a smaller premium? Trying to understand how my order would be affected.
Christopher Hall
Hard to sleep when you are furiously fapping to ero guro all night.
After news of that partnership with Mircosoft GME is basically a tech company, Azure with GME might just beat out Amazon
Mason Russell
lmao LCI was shilled 2 months ago already and since then it has merely crabbed.
Mason Nelson
Set a limit order. It will hit or it won't.
I have a 17.5p for UVXY sold for next friday. I have been wondering what in the fuck is going on with it dropping so hard..
Isaiah Bennett
If I remember correctly LCI had a nasty lawsuit a couple of years ago and they just never recovered.
Cooper Edwards
Seen it for the first time a week ago. Data and Analytics is now used in everything.
Jason Rivera
Autistic analytics are one of the reasons baseball is not only dying, but will die out completely. There is no human element to managing a team anymore.
