That is the dumbest f'ing statement of all time. It make absolutely ZERO sense. You're a shill pal. You're not fooling me.
DCF = CF1/(1+r)1 + CF2/(1+r)2 + CFn/(1+r)n where: CF = the cash flow for the given year. CF1 is for year one, CF2 is for year two, CFn is for additional years r = the discount rate ____________________ Yeah, apply this to Apple, Amazon, and CRM.... and then apply it to Ford, 3M, and Home Depot. Especially when they've all come out and said they will be giving no forward guidance. Then do it for 494 more stocks. Average out the difference and post on ET like you know wtf you're talking about. ....Its shit like this.... that needs nipped in the f'ing bud. Christ almighty. At least B1 has been here awhile and has a modicum of respect in some circles at least.
Q2 is priced in. That's why we dropped from 29.5k to 18.5k in a few weeks. There is no big surprise with Q2. I think most of us have considered the ramifications of Americans on the dole. But this can only play out one way. Employers raising wages to entice workers back to work. I think many Americans will get off the dole early though knowing they don't want to compete with 10 million other people looking for work when the 4 months of unemployment is up. Especially when all the people who were already out of work and are not eligible for unemployment realize they can slip into other peoples old jobs while they're being lazy. I always read these milennials over on reddit bitching about how hard it is to get a job because of the competition, but as soon as quarantine is up, it's going to be easy af for them to get in when the people on the dole are enjoying their vacation.
All bets are off until there's a real vaccine in the works and being tested. When that happens, we can chat. Until then... case closed.
Or until the mass antibody tests start and we find out we all got covid-19 back in the fall of 2019. They've already tested 3,000 people in SF (results still pending). They've done other small tests like that in Germany and found 14% of the population had CV antibodies. Imagine finding out that everyone on the west coast got CV back in the fall and herd immunity has been responsible for low cases there.
Hello Whynottrade, Whatever you do, make sure you use a stop loss and don't be afraid to be wrong. I went short with SPY a week ago and loss about $150. It was a decent bet/trade. It is a good environment for those people who know how to trade. Alot of people will lose alot of money seeking bragging rights and trying to hit a home runs to go brag to friends and co-workers.
You right. I updated something you for got to add. I agree with everything else. It is indeed a great conversatioin.