Does it not stand to reason that many will buy a new iPhone with their stimulus check? Would you agree that AAPL is the greatest beneficiary of the stimulus?
Apparently the stimmy isn't really necessary for "necessities" (like food and shelter... you know, "Covid relief"?)... so of course it will go for buying a new iPhone... or into Tesla call options in the stock market! From some stories, it seems the "stimmy" isn't really "relief" nor "neccssary" at all... in fact, described as "overkill"... it's simply "juicing" for political favor.
New iPhone to trade mobile in their new Robinhood accounts that they will open with the stimulus check ??? wrbtrader
Dealers are reporting drug sales sky rocket to insane levels with each check. I would think many under 35ish are spending their checks on recreational drugs like: Weed, Heroin, Ice, Crack, & LSD.
Wokder how many people here will saving it or spending it stupidly on more unnecessary needless garbage