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Colonel Sanders

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Everything posted by Colonel Sanders

  1. I think I'm going to wait at least to Q2 earnings to wade back in. I don't see much out there that I don't see being cheaper later. Granted I missed this bump from March lows, but whatever.
  2. I'm going with the over on new unemployment claims. However, that's still good news because that means fewer new unemployment claims next week. Strong buy.
  3. After the drop in property values due to the COVID recession, they'll go to the think about all the firemen/teachers playbook and increase the tax rate to make up for the shortfall.
  4. I don't know that we'll test the March 2009 lows, but I think we're going to blow past the March 2019 lows at some point. Probably in the minority on that though.
  5. But if you take away the run up in late 2019-early 2020 the NASDAQ and S&P are near all time highs. The DJIA is lagging a little, but it's still only down a couple of thousand points from where it was for the first half of 2019. The markets don't seem to agree with my negative sentiment, so I guess I'm wrong on this. It just seems like I'm taking crazy pills.
  6. Seems like the only stocks that are discounted are those that have a good chance of not being around in 6 month's. AAPL is now trading higher than it was on Christmas day. SBUX is about the same price as last May. TSLA, well that's something else. Are people going long at these prices or just looking to turn it before the reckoning? I don't get it.
  7. Is there any bad news that the Fed can't make go away instantly?
  8. Loved a lot of his songs, but ships that don't come in was my favorite. RIP Joe.
  9. Wonder how much it would cost Disney if there are no sports for the next 6 months. They seem really exposed with cruises, theme parks and movies no one will go to see.
  10. I doubt anyone will really know when we hit bottom, but this top seemed pretty easy to time.
  11. Okay, this is from NTY, which I think has done the best job covering the outbreak. More than 1,250 members of the sect, the Shincheonji Church of Jesus, have reported potential symptoms, and officials are still trying to locate 700 members so they can be screened. https://www.nytimes.com/2020/02/22/world/asia/china-coronavirus.html
  12. https://www.latimes.com/california/story/2020-02-21/costa-mesa-coronavirus-fairview-developmental-center Here's a link to a LA Times article on it. According to the article it seemed they wanted to quarantine all the US cases there which would be 35 including the recent Diamond Princess evacuees. I'm not sure how they got to 70 in the CBS report, but that would be disconcerting.
  13. https://mobile.twitter.com/livecrisisnews/status/1230997372735545344 544 members of South Korea's Shinchonji Daegu church have virus symptoms.
  14. Fair enough. They're live updates is pretty good, but it's tucked away, am I'm not sure if that is what you mean. I didn't see stories splashed all over their page. There is one about how it may hurt Nissan's numbers, and one about how China has changed how they are reporting numbers. That is all I saw.
  15. It's amazing to me that with all the events happening at once CNN's article about coronavirus today is "What's spreading faster than coronavirus in the US? Racist assaults and ignorant attacks against Asians". Iran could be at the beginning of a major catastrophe, South Korea is starting to lock down cities, there seems to be outbreaks in North Korea. and this is your main story on COVID-19?
  16. Twitter reports have 9 dead in Iran, though officially they're only reporting two. Also one Canadian came down with it after visiting Iran. Last week they also held their revolutionary day parades where millions were asked to come out and support the regime. At the time the public didn't know there was a threat. This is not going to be good.
  17. That is good news. I'm sure they have been through quite an ordeal. Safe travels for them
  18. Twitter reports of maybe 5 more dead in Qom, Iran and police imposing quarantine/blockade
  19. As opposed to major news outlets that blindly repost Chinese numbers without even asking if they are correct?
  20. I know a couple of us have felt the news on the coronavirus from the major outlets has been subpar at best. I rarely see CNN, FOX News or MSNBC even talking about it in passing. When an article pops up on CNN it's usually about why the Flu is more deadly. I have seen some good stuff out of NYT and WP. but most of the time they are still using official Chinese numbers to draw their conclusions. I'm sure tomorrow there will be articles about COVID19 slowing down, though all evidence, other than Chinese released numbers, points to the contrary. I have felt that no tough questions were asked initially on why China was going to extreme lengths to stop it and I haven't seen much evidence of investigative journalism since. Anyway, I thought this article on zerohedge was interesting. 10 Very Important Questions That The Mainstream Media Should Be Asking About This Coronavirus Outbreak https://www.zerohedge.com/geopolitical/10-very-important-questions-mainstream-media-should-be-asking-about-coronavirus
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