stock market was up today...

#8,456
#8,456
Kudlow on FBN:

Wants to see Boeing building a lot more planes.

Revenues are growing and he expects to see Trump more focused on cutting spending in the second term.

Trump priorities in a second term:
•Even more deregulation.
•Stay focused on energy independence.
•Create another round of middle class tax cuts.
•Incentivize US technology industry, push 5G. Protect their intellectual property rights.
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Democrats will of course fight derugulation and any stimulus to the energy sector. Their narrative will be that Trump and the Republicans are killing the planet. Hopefully the House flips. As long as the Dems are pandering so much to the extreme left they shouldn't have more power, they need less. Socialism never ends well for the citizens lorded over by the socialists.
 
#8,457
#8,457
Thunder Good-Oil said:
Kudlow on FBN:

Wants to see Boeing building a lot more planes.

Revenues are growing and he expects to see Trump more focused on cutting spending in the second term.

Trump priorities in a second term:
•Even more deregulation.
•Stay focused on energy independence.
•Create another round of middle class tax cuts.
•Incentivize US technology industry, push 5G. Protect their intellectual property rights.
----------------------------------------
Democrats will of course fight derugulation and any stimulus to the energy sector. Their narrative will be that Trump and the Republicans are killing the planet. Hopefully the House flips. As long as the Dems are pandering so much to the extreme left they shouldn't have more power, they need less. Socialism never ends well for the citizens lorded over by the socialists.
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More focused on cutting spending? Well going from negative a **** load to a little less negative sounds promising. Not really.
 
#8,459
#8,459
Thunder Good-Oil said:
Cutting or keeping spending at current levels, increasing revenues, and growing the economy isn't a bad plan.
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He’s shown no proof he will do it despite his own statements. So Kudlow’s conjecture is pretty useless. Furthermore, just not increasing the spending doesn’t in any way address the problem. It just means we increase the deficit more and more. Just more “I promise for a vote” but now “no no for reals this time folks.”
 
#8,460
#8,460
volfanhill said:
He’s shown no proof he will do it despite his own statements. So Kudlow’s conjecture is pretty useless. Furthermore, just not increasing the spending doesn’t in any way address the problem. It just means we increase the deficit more and more. Just more “I promise for a vote” but now “no no for reals this time folks.”
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The deficit as a percentage of the GDP is the key metric.

Trump is accomplishing what he was elected to do despite the endless obstruction from the liberals. I think he'll do even more when he's a lame duck POTUS. He's already winning since he's not owned by any political operatives like typical politicians are.
 
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#8,461
#8,461
Thunder Good-Oil said:
The deficit as a percentage of the GDP is the key metric.

Trump is accomplishing what he was elected to do despite the endless obstruction from the liberals. I think he'll do even more when he's a lame duck POTUS. He's already winning since he's not owned by any political operatives like typical politicians are.
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So it was like 80% under Obama and now it’s over 100%. Yea maintaining doesn’t work.
 
#8,462
#8,462
Employment is at all time highs. Most revenues come from individual taxpayers. Connect the dots, do the math.

Defense is the largest portion of discretionary spending. Trump is putting pressure on allies to foot more of the bill to maintain world order. The US is reducing it's footprint in the ME. Economic sanctions are more effective than expensive ground wars. Demanding massive concessions from China is a great policy to follow. No longer stimulating their growth will mean the need to ramp up military spending will be less essential.
 
#8,464
#8,464
RavinDave said:
I’m getting ready to order some more Pt catalyst, going to get my next batch made over in Germany, 500 kg with 0.3% platinum, so I hope Pt stays below 900 another week. It’s been a lot less volatile than palladium which spiked up close to 1500 today after hanging around 1350 for 2-3 weeks until about a week ago when it started up again. I think events in the ME have had a lot to do with the recent spike and would not be surprised to see it pass its historic high of around 1600 again soon, particularly if tensions continue to escalate.
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Pd at $2400/toz… touched $2500 recently.
 
#8,465
#8,465
Rasputin_Vol said:
Pd at $2400/toz… touched $2500 recently.
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Every time I quote a customer a Pd catalyst which is often more than once a week, I do a 5-day lookback, basing my price on the average of the last 5 trading days. But the Pd price has been skyrocketing to the point it's getting hard to sell projects if based on a Pd catalyst. But I did have 3 smallish Pd-catalyst orders this month so far... overnighting 40 lbs of a 0.5% Pd catalyst to a plant in Ohio to rejuvenate an old, old argon deoxo reactor (built in '67)... and one customer who orders 10 lbs at a time 3 or 4 times a year, and another (an instrument maker) who needs a tiny amount (1 lb) once in a while... now, working on a design that could use 4000 lbs (0.3% PM) but either Pd or Pt could work so I'm thinking I will do it with platinum even though that customer has been one of my biggest customers for palladium product over the years.
 
#8,470
#8,470
If the pre-market sell off doesn't reverse early in the day, then the triple levered inverse ETFs should be in for a pretty good run for a month or so. This China illness doesn't look like a short term event.
 
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#8,472
#8,472
CNBC dot com:
Travel-related stocks are likely to be hit once again as coronavirus cases mount, including major airlines like United (UAL), Delta (DAL), American (AAL) and Southwest (LUV), and cruise line operators like Royal Caribbean (RCL), Norwegian (NCLH), and Carnival (CCL). Starbucks (SBUX) and McDonald's have temporarily closed near the Chinese city of Wuhan.
 
#8,474
#8,474
Ernest T. Vol said:
Stocks with some medical involvement looking up pre-market.
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Too bad there's not a pure play on disposable masks.

Hospitals and hospital REITs should go up. TeleDoc will have a good quarter or two (but their expenses will be up with demand... their revenue might be from longer term contracts).
 
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