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Storm the Field

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Posts posted by Storm the Field

  1. Just now, Bateshorn said:

    I mean, I’m an anecdote, but I fueled both the VWs at the beginning of this thing. I’ve put 30 miles on combined in the last 5 weeks in DC. And that includes me taking the GTI out to “test out” the speedometer. 

    My F150 has the 36 gallon tank. About 10 days ago, for the first time since early March, I filled up a nearly empty tank for about $48. I still have 350+ miles of fuel left. 

  2. 1 hour ago, 936horn said:

    2. Concurrently, both our brokers, CME and Barclays were unable to execute buy orders at negative values. The software was not programmed on EITHER EXCHANGE to allow purchases for negative values. So in the span of 15 minutes or so I watched the price freefall once it broke zero down to -$35. I have to imagine that problem was not limited to our brokers. There will be massive lawsuits after this.

     

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  3. 57 minutes ago, Eastwood said:

    There's a lot of East Texas and South Texas land about to be unleased. A lot of the leasing in that area occurred between 2015 and 2017. The 2015 leases will be out of their option period and the 2017 leases will either allowed to be expired or companies will have to eat the option bonus when cash is tight.

    The days of land brokers running giant leasing crews will be back again!  Everyone pour your money into motels in Marshall, Carthage, Karnes City,  George West....etc.

  4. Can someone explain the following to me? I just deal with the title/legal side of the biz but am trying to learn more about the economics and marketing aspects during downtime. 

    Until the past week or so, XLE looks to pretty much be anchored to WTI price. 

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  5. I don't think anyone expected the market to be back to the point where it's looking to end of the trading day, but on the other hand, it's a little funny to look back a few weeks ago and people were talking about how S&P would be below 1,000 and DOW might re-test the March 2009 low of ~6,800.

  6. The gorgeous weather this week was a treat, but even then I'd be out riding my bike or walking the dogs and remember that I'm only out doing this on a weekday b/c the world is shut down and I ain't got shit to do for work. Each day feels like a rerun of the day before with only slight variances. Really wish we had a bought beach house when we were talking about it years ago. Would have much rather spent these last few weeks down on the coast fishing and fixing up stuff than trying to find ways to keep from going stir crazy in a shut-down Houston. 

    The thing I really try to keep in perspective is that I have to believe this will be quite likely be one of the worst years of my life, and all things considered, it could be a hell of a lot worse. Wife and I are both in good health and relatively financially secure (fingers crossed it stays that way). Things will eventually get better, and I'd like to think I'll appreciate everyday life more going forward. The next time I go out to dinner with friends, the next time I meet old co-workers for a drink, the next baseball game I attend..etc.. will have a much greater significance than almost any that has come before. 

    • Like 2
  7. 5 minutes ago, bluto said:

    Soooo looks like after hours shit just exploded and everything(?) bounced.... bigly.

    Story just broke that Gilead's initial Remdesivir trials are showing promise. Out of 113 severe cases, only 2 deaths and most were discharged within a week. Gilead stock is surging in after-hours trading. Up $10 in the past 30 minutes.

    https://www.statnews.com/2020/04/16/early-peek-at-data-on-gilead-coronavirus-drug-suggests-patients-are-responding-to-treatment/

     

    • Like 1
  8. On 4/11/2020 at 3:52 PM, billfromlaketravis said:

    Cole Haan is giving away the store for those that are interested. At least 50% off of some nice shoes. 

    On this note, DSW is doing 40% off the whole site (off already-discounted prices), including a lot of Cole Haan and Johnston & Murphy options. Free shipping too. Up your business casual game!

  9. Not surprisingly, when people are stuck at home with nothing to do but surf facebook, this Q stuff gains traction. Just this week, I've seen 3-4 acquaintances that I didn't previously suspect come out as conspiratards. They're going around posting links to these "Out of the Shadows" and "Fall of the Cabal" videos as well as tee nutjob Doctor "crushing Fauci,  Birx, the Clintons and Bill Gates." The comments to their posts are just chock-full of fellow Q fans praising them for finally seeing the light.

  10. This thread can sometimes be indistinguishable from r/wallstreetbets. 

    "Everything has gone to shit, the plane has crashed into the fucking mountain and yet the market isn't responding rationally! My 4/15 SPY puts are gonna be fucking worthless! Goddamn JPOW, money printer go brrr..."

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