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FreelanceSocialist
Nov 19, 2002
Just a thought, but everyone is going to be working from home for awhile - right? That means demand for bandwidth outside of entertainment purposes. Which means some people - or a lot of people - might upgrade their internet packages. Or more likely, they are going to exceed their bandwidth allowances (Comcast is 1TB in most markets, I think?) which means they are going to pay for overages. I wonder if we might be looking at a relatively highly profitable quarter (or two... or three) for companies like Comcast...

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WithoutTheFezOn
Aug 28, 2005
Oh no

pixaal posted:

okay I only passingly know of him, I don't really follow the major market people, is there a good story behind his ban?
Google says it’s a CNBC rule for his continued employment, not a SEC rule.

odiv
Jan 12, 2003

I think pretty much everyone is suspending overage charges. At least that's what I've been hearing as this progresses.

Baddog
May 12, 2001
https://www.theverge.com/2020/3/13/21179330/comcast-t-mobile-coronavirus-data-caps-hotspots-fcc

Yah they have suspended overage.

movax
Aug 30, 2008

FreelanceSocialist posted:

Just a thought, but everyone is going to be working from home for awhile - right? That means demand for bandwidth outside of entertainment purposes. Which means some people - or a lot of people - might upgrade their internet packages. Or more likely, they are going to exceed their bandwidth allowances (Comcast is 1TB in most markets, I think?) which means they are going to pay for overages. I wonder if we might be looking at a relatively highly profitable quarter (or two... or three) for companies like Comcast...

Yeah, IIRC AT&T dropped theirs. A lot of stuff that people assumed would "never" change has changed really loving quickly because of the poo poo going on right now. See also, the liquid restriction from TSA that everyone knew was dumb is now "waived".

I am curious as to the long-term effects of WFH / modern office culture because this will be a hell of a trade study. For my company personally, I treat it as the exception, not the norm and it works OK I think. If you need to do it, go for it, but if you're in town, you should endeavour to be in the office. A lot of our work is early prototyping / conceptualizing / hardware builds and that's just plain harder to do / less effective over Zoom.

FreelanceSocialist
Nov 19, 2002
That's good at least. Have to wonder if this sudden increase in load/volume is going to stress the garbage infrastructure we've got, though. Will be interesting to see how that plays out.

paternity suitor
Aug 2, 2016

BlackMK4 posted:

Scrolling through this thread reminds me of why I never go into that subforum

Literally the second stickied thread in CSPAM is about depression and mental illness. Chicken or the egg, but regardless, a wise choice

SirPablo
May 1, 2004

Pillbug
Which airline is the least likely to go bankrupt?

sterster
Jun 19, 2006
nothing
Fun Shoe
How in the past have gun/ammunition manufactures stocks responded on occasions similar (as best as possible) to things like this. My brother and some other very red blooded individuals have been posting that they can't find ammunition. Wondering if the same TP scare is going on there and if I can make money from it.

Edit: Looks like AOBC, RGR, Oln, VSTO are retailers on the market

sterster fucked around with this message at 02:00 on Mar 17, 2020

pmchem
Jan 22, 2010


futures headed toward limit up

very normal market

Bored As Fuck
Jan 1, 2006
Fun Shoe

a cat posted:

How do people feel about Amazon now (or soonish)?

I'm starting to think that this is a new phase of commerce/shopping moving online and that some of that business wont ever go back to brick and mortor. New people are surely going to start checking online for things that are sold out of their local stores before driving there. AMZN is struggling with keeping things in stock right now, but surely their competition isn't going to fare better due to any superior supply chain; Amazons has to be top notch. But unlike their competitors, amazon can onboard new people to ordering pantry type items, and things like grocery delivery. Having tried grocery delivery myself for the first time a few months ago, it's pretty great and even though I never thought I needed it before I tried it, it's pretty sticky. People are going to try out these things in droves and significant amounts of those types of purchases are going to be stolen eternally from walmart.

Those 100k workers they're hiring and the raises they're giving their warehouse workers aren't due to benevolence. I suspect they have numbers internally that show that this will be needed for this new expansion.

I'm long on Amazon. I have shares and I'm keeping them no matter how low they go during this. Once I feel confident we're at the bottom or nearish to it, I'm buying as much as I can afford.

1st_Panzer_Div.
May 11, 2005
Grimey Drawer

WithoutTheFezOn posted:

Google says it’s a CNBC rule for his continued employment, not a SEC rule.

He got caught manipulating. I do see everything looks clear now, guess papa Kudlow made some things magically disappear lol.

The Butcher
Apr 20, 2005

Well, at least we tried.
Nap Ghost

a cat posted:

How do people feel about Amazon now (or soonish)?

I bought another whole share today lol.

I'm deffo bullish Amazon long term.

Can't really lose. :shrug:

I reckon my kids are probably going to be going to Amazon University at the rate the world is going.

Maybe I'll get to trade some shares in for reduced tuition.

Josh Lyman
May 24, 2009


1st_Panzer_Div. posted:

He can't trade outside charity management, he's lifelong banned.

I think he's right, closing a few weeks eliminates the chance if a full implosion, and while that's unlikely, why take a chance?

The basic idea is that if society has to pause, so should the markets. It would also allow time to ban ridiculous etfs, robinhood, etc.

The counter argument is oil war and the dollar. The oil war being a very strong arguement.

Fake edit: am a micro economist not macro, so this is way outside my comfort zone
Even if US markets close, you can still trade US ETFs on foreign exchanges.

java
May 7, 2005

pmchem posted:

futures headed toward limit up

very normal market

If we open green, I'm tempted to buy more puts, but jfc, everything's gotten loving expensive.

Josh Lyman
May 24, 2009


We’ve hit limit up but based on ES close it only says 3.82%. If I knew that, I would’ve bought in much earlier.

pmchem
Jan 22, 2010


I can't wait until, years later, someone actually shows why/how markets were so hosed up to alternate between limit up and down for days in a row.

There has to be more to this than 'actual investors buying the dip'. Something systemically wrong with how the markets are made.

FreelanceSocialist
Nov 19, 2002
Pandemic, market fuckery, and now a loving asteroid?

If anyone needs me I will be in my bunker hugging my dog.

Moatman
Mar 21, 2014

Because the goof is all mine.

FreelanceSocialist posted:

Pandemic, market fuckery, and now a loving asteroid?

If anyone needs me I will be in my bunker hugging my dog.

quote:

CNEOS said the asteroid is expected to approach Earth on March 18 at 11:15 p.m. EDT. During this time, the asteroid will fly past Earth from a distance of 0.04241 astronomical units or roughly 3.9 million miles from the planet’s center.

.04241 AU is about 16x further than the moon

TheKevman
Dec 13, 2003
I thought Mad Max: Fury Road was
:mediocre:
so you should probably ignore anything else I say

SirPablo posted:

Which airline is the least likely to go bankrupt?

American, of course. Just like Bank of America will be fine as well.

Anything with the name in it :911:

1st_Panzer_Div.
May 11, 2005
Grimey Drawer

Josh Lyman posted:

Even if US markets close, you can still trade US ETFs on foreign exchanges.

Compared to closing the market, those are incredibly easy to halt. There's already a number of etf being shuttered this month.

Notorious R.I.M.
Jan 27, 2004

up to my ass in alligators

FreelanceSocialist posted:

Pandemic, market fuckery, and now a loving asteroid?

If anyone needs me I will be in my bunker hugging my dog.

That thing is loving tiny lol. Completely irrelevant doomsday fodder. But who knows maybe VIX is high enough it will make an impact on the market!

Notorious R.I.M. fucked around with this message at 02:52 on Mar 17, 2020

UnfurledSails
Sep 1, 2011

We regret to inform you that the asteroid has contracted coronavirus due to close proximity to earth

The Butcher
Apr 20, 2005

Well, at least we tried.
Nap Ghost

1st_Panzer_Div. posted:

Compared to closing the market, those are incredibly easy to halt. There's already a number of etf being shuttered this month.

I was actually kind of wondering how the funding for the 3x ETFs and the crazier ones actually works. I cashed out instantly today on a dumb bet with one. But these things are all robot driven, there's no actual person setting up bids or asks for the most part.

Kinda reckon that if poo poo got really weird there might not actually be the capital to do the other side of the trade.

Bored As Fuck
Jan 1, 2006
Fun Shoe

java posted:

If we open green, I'm tempted to buy more puts, but jfc, everything's gotten loving expensive.

Every decent premium is out of this loving world.

nelson
Apr 12, 2009
College Slice
How much premium would you need to consider writing puts?

Bored As Fuck
Jan 1, 2006
Fun Shoe
With the volatility the way it is, I wouldn't consider selling any puts right now. Idk if you can even do that on RH.

Fate Accomplice
Nov 30, 2006




Bored As gently caress posted:

With the volatility the way it is, I wouldn't consider selling any puts right now. Idk if you can even do that on RH.

you can but you have to have enough buying power to buy the underlying shares or have a margin account

dpkg chopra
Jun 9, 2007

Fast Food Fight

Grimey Drawer
https://twitter.com/JStein_WaPo/status/1239683349154840583

jokes
Dec 20, 2012

Uh... Kupo?

What happened to free enterprise in this country? Remember when long-term risk was a thing?

TheKevman
Dec 13, 2003
I thought Mad Max: Fury Road was
:mediocre:
so you should probably ignore anything else I say


This was my biggest fear on a CZR put BUT those are so loving far in the black since Lote was talking about them I don't think it much matters lol

4/20 NEVER FORGET
Dec 2, 2002

NEVER FORGET OK
Fun Shoe
It’s so hilarious to me how companies can go from buying back millions of shares of stock to a month later “I need a bailout”

I get that it’s more complex then it sounds but lol, gently caress off

TheKevman
Dec 13, 2003
I thought Mad Max: Fury Road was
:mediocre:
so you should probably ignore anything else I say

4/20 NEVER FORGET posted:

It’s so hilarious to me how companies can go from buying back millions of shares of stock to a month later “I need a bailout”

I get that it’s more complex then it sounds but lol, gently caress off

Meanwhile "I broke my arm working my $12/hr job and can't afford my medical bill because I can't afford insura-" gently caress YOU PAY ME

jokes
Dec 20, 2012

Uh... Kupo?

I will never, ever be grateful for a stock buyback. Either go private or don’t, none of this buyback poo poo.

Herr Tog
Jun 18, 2011

Grimey Drawer

sterster posted:

How in the past have gun/ammunition manufactures stocks responded on occasions similar (as best as possible) to things like this. My brother and some other very red blooded individuals have been posting that they can't find ammunition. Wondering if the same TP scare is going on there and if I can make money from it.

Edit: Looks like AOBC, RGR, Oln, VSTO are retailers on the market

AOBC and RGR are up and RGR is gonna pay dividends for people who held since the 12th, AOBC is gonna split into two companies so you could double your stock near July. OLN is down since it sucks and VSTO is up since it has mostly ammo exposure.

golden bubble
Jun 3, 2011

yospos

pmchem posted:

I can't wait until, years later, someone actually shows why/how markets were so hosed up to alternate between limit up and down for days in a row.

There has to be more to this than 'actual investors buying the dip'. Something systemically wrong with how the markets are made.

My pet theory is that the arrival of sentiment analysis is to blame. Now that the algorithmic investors have a way to incorporate implied emotions into their investing strategies, those big investors are able to amplify crowd-think instead of dampening crowd-think by acting totally independent of emotions.

jokes
Dec 20, 2012

Uh... Kupo?

I’ve been reading about the index investing bubble and truly don’t know how it’s any different from just people investing randomly/blindly into the stock market as individuals or with any funds, really. Is it because there aren’t any “losers” like with old fashioned stock picking?

Is it because selling stocks for your retirement as a part of a large group of similarly aged people causes what looks like a bear market/panic sale?

Etown
Mar 4, 2003
TNA hasn't been this affordable since 2013!

Etown
Mar 4, 2003

Bored As gently caress posted:

I'm long on Amazon. I have shares and I'm keeping them no matter how low they go during this. Once I feel confident we're at the bottom or nearish to it, I'm buying as much as I can afford.

Same here. AMZN doesn't appear to drop as much as everything else. That is telling.

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Liquid Communism
Mar 9, 2004

коммунизм хранится в яичках

jokes posted:

What happened to free enterprise in this country? Remember when long-term risk was a thing?

We refocused entirely on quarterly profits rather than long-term sustainability, so the vast majority of business runs on a case of 'number go up or we collapse as our debts become due'.

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