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52-80

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Everything posted by 52-80

  1. AAL has negative equity and has been losing money on the bottom line for years. You'd be buying an accumulating debt burden.
  2. Too young to have watched the original SW movies in theater, so missing all the cultural and time context... but apples vs oranges, Andor the series is better than any SW movie/product.
  3. That guy's name? John Wick.
  4. driver owns the laundromat
  5. brother, you're doing what gelsinger just did
  6. marked safe from bloody monday. and we owe eddie a beer
  7. VIX can fluctuate more wildly than equities because its a virtual calculation based on a basket of options (of SPX with ~30d expiry) thats much lower in volume and liquidity than underlying stocks. And especially the high print of 65+ today was during pre/early trading sessions, so its deriving options prices from an even thinner market. Once the equities market started to stabilize, the crazy premium for those SPX options eroded. Open options contracts could be sold-to-close and erased from market entirely. Unlike stocks theres no bottom to the price (such as equity book value) or ceiling to the price (some quasi realistic future cash flow prediction), so the SPX options prices could be all over the place, and hence the derived VIX values all over the place. FWIW VIX 38 implies SPX daily move of 2.4% so its far from a quiet market.
  8. Anybody who listens that to that asshat blowhard deserves what they get. Such a fraud. hes very useful. hes even more reliably-inverse than scott galloway
  9. Lived in UK and we have an office well north of those places. Number 1 selling car is a Qashqai SUV/crossover thing and driving there is never as bad as visitors make it out to be.
  10. Are you saying that the Js did this?!?
  11. All of them. Lol. Old economy is looking nice. Altria prints a fat fucking net margin at a 4x revenue multiple. Coke does a steady 25% margin against steady growth at 6x valuation. Both at a slight discount today.
  12. if it keeps going, we all owe Eddie a beer
  13. if the markets' circuit breakers were signaled by a real life guy
  14. schwab app has technical error right now - cant log on (its been happening quite frequently recently). matt levine has a funny bit about how during market distress, people who cant access their account fare off well because it prevents them from panic selling
  15. global indices are all red so there may be too much of a downward cascading effect
  16. LFG ! 🦬🦬🦬
  17. because real shit like physical gold is never volatile
  18. or you might get a vw touran or sharan minivan or something like that. transit kinda overkill
  19. driving in uk is actually not that tight, certainly not compared to urban and medieval city centers of the continent. for 5 pax a skoda octavia or superb wagon will be good. they are the size of bmw 3 series on the outside, with more interior volume than 5 series on the inside. should be comfortable for short drives unless you're a family of linebackers.
  20. my short position on nvda is starting to approach flat after getting stomped squarely in the dick for a couple of months 🥴
  21. Who's dumber: mom for giving daughter this name; or govt employee for thinking civilians cant adopt a trademarked name https://www.bbc.com/news/articles/c4ng1xd06xwo
  22. Fun stuff to watch: whether the dept of treasury's financial stress index reaches positive, which defines a state of "stress". The index is constituted from the 5 colored categories below, 4 of which is starting to get tested. And then this is the leverage amount of the 2000+ qualifying hedge funds, which are $150M+ in size. Higher leverage means stronger amplification of market moves i.e. accelerates volatility
  23. There's roughly $10B of creditor repayment from the Mt Gox bankruptcy that started distribution just last month. One wonders how much of that newly-recovered funds is being liquidated to support or take advantage of the Nikkei crashing. And over the weekend there was also news of Jump Trading, a large prop firm / market maker, liquidating its books (shuttering the business?). That may have caused some crypto accounts to deleverage
  24. Subforum Traffic Falling Like Whoa
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