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Just in time!
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Mar 3, 2020 01:05
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Hot, HOT rumors that Robinhood will be selling to Citadel And not just their users' data (which they already do) but outright selling the platform
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Mar 3, 2020 01:15
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Pollyanna posted:I don’t understand how you fuckers do this, this is nightmarishly stressful. I’m getting the hell away from this. Baddog posted:Costco is selling a lot of toilet paper and rice. For the next month at least. Recoome posted:Wow another Robinhood shocker https://maps.app.goo.gl/Kmax2ELAHiVPpvLeA Lote posted:Is it possible that they’re insolvent from the shenanigans that people were doing to get way over leveraged and them going down is a smokescreen?
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Mar 3, 2020 02:11
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overmind2000 posted:Is there a thread or article about this because that sounds hilarious https://siliconangle.com/2011/08/01/third-largest-bitcoin-exchange-bitomat-lost-their-wallet-over-17000-bitcoins-missing/
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Mar 3, 2020 02:40
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grats to anybody who had the balls to make some money monday.
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Mar 3, 2020 09:17
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From RH:quote:What happened?
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Mar 3, 2020 13:59
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How do interest rate cuts help combat Coronavirus again ?
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Mar 3, 2020 14:08
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Lote posted:How do interest rate cuts help combat Coronavirus again ? You know, the real reason we haven’t found a cure for cancer is that interest rates have been too high.
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Mar 3, 2020 14:10
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The virus now multiplies at a lower rate. Bing bang boom, so simple.
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Mar 3, 2020 14:19
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Futures going back and forth. No clue what happens today, probably another rally since everything has been fixed.
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Mar 3, 2020 14:37
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I've got multiple hundreds of shares of SPY I bought primarily for doing covered calls on, and secondarily for having a quasi-stable exposure to the broader market in my portfolio. I stopped selling covered calls when I started having luck scalping long calls/puts. I have not sold a single call on SPY since the 21st, and also haven't been scalping.  Oh well maybe I can have some fun with the high premiums for the next two days before it gets back up to 340
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Mar 3, 2020 14:40
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dougdrums posted:btw this is rh's only office afaik: Nah they have an office in Orlando Florida too. They're trying to recruit from all the other financial firms that have offices here but so far I'm only aware of one low level person (who was still in their first 18 months) they were able to hire from us.
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Mar 3, 2020 14:43
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$120bln in repo markets today. The fed is expanding their balance sheet again, they had kind started to taper it off since start of Feburary right when dollar index started to strengthen. So I was gonna buy in some $V visa because they had an earnings warning but the stock is up. I am assuming all further earning warnings are priced in at this point. Btw anyone here in SDGR? I am sensing this stock could be the next to do a move like TSLA/SPCE/TLRY. It already has gone up a massive amount. Ulio fucked around with this message at 15:05 on Mar 3, 2020 |
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Mar 3, 2020 14:56
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Ulio posted:$120bln in repo markets today. The fed is expanding their balance sheet again, they had kind started to taper it off since start of Feburary right when dollar index started to strengthen. The fact that they weren't doing this two weeks ago is what made the short trade so compelling. I was going to post here suggesting a decisive Bernie victory tonight (despite all these BIden endorsements) could actually be a negative catalyst, but I think I'm backing away now. EDIT: That said, I'm still watching the VIX as my reason to sell my SPY puts, and its up right now... fougera fucked around with this message at 15:38 on Mar 3, 2020 |
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Mar 3, 2020 15:34
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fougera posted:The fact that they weren't doing this two weeks ago is what made the short trade so compelling. I was thinking that the market wouldn't like Bernie getting a sweeping victory until lunch yesterday but I came to the conclusion I don't think they give a poo poo. My reasoning under market logic is It's basically a vote for who will run against Trump in another 8 months. That is 8 months away this market is way more short sighted than that. They also likely are just assuming Trump gets reelected. I don't think we see a reaction to Bernie unless he gets elected in November then I bet the market finally reacts without having already gone down to price in the possibility. Has a vote on Super Tuesday ever shifted the market in the past? I guess that would be important to know.
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Mar 3, 2020 15:47
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pixaal posted:I was thinking that the market wouldn't like Bernie getting a sweeping victory until lunch yesterday but I came to the conclusion I don't think they give a poo poo. Yea I can't disagree with your analysis. Whatever the probability is, it's not compelling when the fed is back in the picture.
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Mar 3, 2020 15:50
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Glad I sold them MSFT calls yesterday. Wonder what's going on there? Campus shutdown looming because of Corona? e:nvm, lol jokes fucked around with this message at 16:00 on Mar 3, 2020 |
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Mar 3, 2020 15:57
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Fed cuts rates by 50bps, rip puts
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Mar 3, 2020 16:01
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Whats the news? Swing? e. Lmao. There it is
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Mar 3, 2020 16:01
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So I was right I did say the fed would require action this week.
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Mar 3, 2020 16:02
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Closed out the rest of my puts, trade yielded 200%.
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Mar 3, 2020 16:06
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Doccykins posted:Fed cuts rates by 50bps, rip puts something something 'priced in'
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Mar 3, 2020 16:16
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Market dropping again after cuts confirmed, but futures are up so IDK what the gently caress Rate cut was priced in yesterday so I wasn't really expecting a big climb, but seeing it drop is disconcerting. Edit: VIX is dropping like a stone, so we might see a surge in a bit dpkg chopra fucked around with this message at 16:20 on Mar 3, 2020 |
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Mar 3, 2020 16:17
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hah Robinhood down again. https://status.robinhood.com
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Mar 3, 2020 16:21
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schwein11 posted:hah Robinhood down again. How much you want to bet they fixed what they thought was the problem but didn't fix the error someone found that their API is giving the date for tomorrow because it doesn't know what a leap year is. (or was that a fake screen grab? I Just don't know anymore). There is no market activity for 3/4/20 because 3/ 4/20 does not exist. Or that is what was floated around yesterday with 3/3/20 instead. I love really stupid programming errors. I have no money with RH but if I did I'd be pulling it all out.
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Mar 3, 2020 16:24
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fougera posted:Closed out the rest of my puts, trade yielded 200%. Ya it was a great couple of days for trading and adding to swing/long positions.
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Mar 3, 2020 16:26
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pixaal posted:How much you want to bet they fixed what they thought was the problem but didn't fix the error someone found that their API is giving the date for tomorrow because it doesn't know what a leap year is. (or was that a fake screen grab? I Just don't know anymore). yeah i just have some insignificant goof off money on there and will be moving it to something else as soon as I can. luckily all in stocks and this isn't screwing up any options play for me. would be mega pissed rather than bemused if I had serious money there.
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Mar 3, 2020 16:27
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pixaal posted:How much you want to bet they fixed what they thought was the problem but didn't fix the error someone found that their API is giving the date for tomorrow because it doesn't know what a leap year is. (or was that a fake screen grab? I Just don't know anymore). It wasn't a fake screengrab, it just wasn't the cause. That person's IBB account was trying to grab data from the API from the wrong date, but it didn't matter anyway because the API was borked. Could've been an issue on IBB's end, too.
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Mar 3, 2020 16:27
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Ur Getting Fatter posted:Market dropping again after cuts confirmed, but futures are up so IDK what the gently caress  jesus christ please listen to people who say time in the market> timing the market schwein11 posted:hah Robinhood down again.
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Mar 3, 2020 16:30
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Really feel it's just overloaded servers. Even Etrade has been bogging down for me. People say they're moving money out of Robinhood then realize it might take days to get approved on a new broker and promptly try to trade on Robinhood, again Hit Man fucked around with this message at 16:34 on Mar 3, 2020 |
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Mar 3, 2020 16:31
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Throwing a half point at a market over 3k, going to throw the gun at Superman next?
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Mar 3, 2020 16:39
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Gonna add some EEM exposure here just because imo dollar should weaken significantly more and most eems are in perpetually fear of a dollar squeeze.
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Mar 3, 2020 16:53
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I really don't get what a rate cut is supposed to do here. Feels like it just might be an excuse to goose the markets in an election year.
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Mar 3, 2020 16:55
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Agronox posted:I really don't get what a rate cut is supposed to do here. Feels like it just might be an excuse to goose the markets in an election year. sounds like you actually do get what it's supposed to do here
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Mar 3, 2020 16:58
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Agronox posted:I really don't get what a rate cut is supposed to do here. Feels like it just might be an excuse to goose the markets in an election year. Pretty much. If you want to be apolitical about it it's trying to remove volatility by adding cash. The reasons beyond that are really short term thinking in my opinion.
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Mar 3, 2020 17:10
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Anyone own REITs as a part of their portfolio? How do you think fed rates / QE / and coronavirus affect that sector?
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Mar 3, 2020 17:10
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Of course I get sellers remorse. EDIT: Jumping back in with longer expirations. fougera fucked around with this message at 17:23 on Mar 3, 2020 |
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Mar 3, 2020 17:10
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Probably shouldn't have laughted at Robinood.The ibkr 2fa code took like 10 minutes to arrive at which point I already tried to log on again and so it was invalidated and the new login failed. Good chance I won't be able to put in a trade in EU today. I guess I'll have to pray number doesn't go up again overnight. E:seems like number is going down at close.  -3% tomorrow
mobby_6kl fucked around with this message at 17:36 on Mar 3, 2020 |
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Mar 3, 2020 17:15
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pmchem posted:Anyone own REITs as a part of their portfolio? How do you think fed rates / QE / and coronavirus affect that sector? All other things equal, lower rates are better for REITs. But I might be a little worried if I held retail or hospitality ones.
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Mar 3, 2020 17:20
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Oscar Wild posted:Pretty much. If you want to be apolitical about it it's trying to remove volatility by adding cash. The reasons beyond that are really short term thinking in my opinion. Ya Fed wants to be independent and not listen to Trump's pleas for cuts but at the same time if they don't cut during a pandemic it will seem as them being unfavorable to republicans.
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Mar 3, 2020 17:27
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