BA is too big to fail as an entity. I would make them offer every share back to the public that they bought back before offering them a penny.
This really should be a consideration before any bailout money is accepted They must first raise capital by issuing any shares that have been bought back in the last 3 years before requesting government funds
Yea that looks like it must be the reason. Example. I bought a single April 17 put on CAKE Thursday afternoon when it was at $20.62. It’s now at $15.71 only 1.5 trading days later, and my option is worth almost 20% less. The options that have stayed flat over the last day have gotten crushed to the point you’d think the stock had jumped 30%
Very exciting time for many of our posters to be learning about volatility and its effects on options pricing.
Honestly, 9:30 every morning is like the start of the 4th quarter in a 1 score game and I’m sitting on a 6.5 pt spread.
Well trump seems like he wants to open up the country cant help but believe the markets will rip on that news.
Can’t wait to see how his tune about exercising the actual federal power he has changes when he is using it to override shelter in place orders instead of pretending he doesn’t have that power and deferring to state/locals when everything was closing
It'll be back down, don't worry. I'll probably hop back in tonight. Every Tuesday seems to be an up day.
We should go to about 23000 before dropping again. The drop will be to test 18k and if it breaks that, the new low would be about 15k. We completed the A now we need B C to hit.
I feel like the stimulus is going to pass within the next 2 days. Will be interesting to see what sort of bump that creates.
I think a lot of it depends on what's actually in the stimulus. More corporate bailouts will just give short term gains and the bottom will then fallout. Trump can't hide the infected and dead numbers. Will get especially bad if he tries to 're open" things early.
He's already kinda hinted at ignoring what the med pros are saying and seems like Fauci is on the outs. Prob doesn't bode well
Anybody eyeing any hotel stocks? I saw Ackman has been taking some nibbles at Hilton, which has dropped 45% YTD
Based on literally no hard evidence at all, just the feeling that neither side wants to take blame for something not getting done sooner, so they’ll pass something quickly. It’s not a hunch I’d bet any amount of money on.
All things being equal maybe, but we're always an effective treatment plan, vaccine, or warm and humid weather slowing transmission away from erasing that final wave. I'm a believer in technical analysis, but it's a lot less reliable during volatile news cycles.
Should I just take my medicine on these carnival puts or hold them? They expire Friday but I wonder if there will be another five this week.....
Probably a good time to reiterate that I’m not a financial advisor and really have no clue what I’m doing. Just along for the ride :)
Ok I need some help. I have a 401k through work but am limited due to highly compensated rules. My wife is a teacher and has a 403b. I am already putting about $4.5k per year in my 401k (non Roth). I have about $20k that I need to get out of my savings. Usaa has some investment options but am a bit unsure whether to go with them or another broker......I figure I want a mix of mutual funds some in funds I can trade with. Thanks in advance. If it changes anything I have a pension that will be my live on funds in retirement and as such am not very risk averse.
Go with Fidelity, Vanguard, or Schwab. USAA's brokerage is bad. Vanguard's website is the worst to use out of those.
it is impressive how bad vanguards website is for being so popular it's where i keep my roth ira's, makes doing backdoors really easy there
Ally is a popular one. It functions just like a savings account at a brick and mortar. It'll take a day or two to transfer money from it to another account. Can do electronic deposits. Right now it's 1.5% interest. Other options are: Barclays Online Savings (1.70% → 1.60%) PurePoint Financial Online Savings (1.70% → 1.50%) Capital One 360 Performance Savings (1.70% → 1.50%) Discover Bank Online Savings (1.60% → 1.50%)
It really is bad. I've got our Roth's IRAs there and it's where we put my wife's 401k rollover. But If I'm using something more than once a year like taxable, I'm going with Fidelity.
So I need to open up an account for my wife and one for myself? Or can I operate both Roth IRAs under a single account? ideally I go $6k in each ira and the remainder in ...?
Roth IRAs are individual, so you need an account for each of you. Taxable can be shared or separate. That's where the rest can go. If you're high income like you said, you may not be able to Roth. If your combined income is 193,000–$203,000, you are outside of Roth range. If not, you can still do the 2019 Roth, so you could do 4 x $6000 to Roth between you and your wife.
Ally Bank, as long as you don't need branch access. Competitive rates, if not equal to best, depending on the season, and best app/website.
NW Mutual will hire anyone with a pulse and a list of a couple hundred people they can try to sell life insurance to, FWIW.