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Showing content with the highest reputation since 11/04/2022 in all areas

  1. I mean, WTF! Really! Can you believe this shit?
    2 points
  2. Satan wouldn't be caught dead on that panel - he has standards, you know….
    2 points
  3. The only one missing is Satan.
    2 points
  4. Maybe they can get Nick Leeson as a last-minute replacement for Sam.
    2 points
  5. Put/Call ratio as low as in Nov/Dec 2021 at the ATH…
    2 points
  6. They simply ran out of precise weapons. They had a few, they are gone. It is all about propaganda in Russia/Soviet Union. Since over 100 years. Core principle is to make the world believe that Russia is stronger and more weaponized than it actually is.
    2 points
  7. its straightforward - its rail connection and hub. Most of the military help comes via rail to Ukraine. They attacked rail connection couple times but in the past it was more precise. nevertheless, Russians are a bunch of idiots. so for me its normal. its like two stupid dogs movie at cartoon network or something like that. Like I said I think there won't be any escalation.
    2 points
  8. STRANGE DAYS Elon pays $44 billion for chatter Its only worth about 8. Crazy days indeed. lnflation still 8%....ten year treasury should be 11% Only 700 basis points above where it currently trades. There is still too much craziness in the system. The numbers still do not add up correctly. Lets face stark reality. The FED was the greatest enabler of ponzi schemes and frauds in history.
    2 points
  9. Cripes, I didn't think they could pull that 'slowing inflation' stuff 2 months in a row. Slowing to what 7.7%? Oh joy.
    2 points
  10. APPLE is at major cross-road at 130-135. Really important one. I see a lot of conversion to defense. like Merck, also UNH from DJIA is still holdin.
    2 points
  11. The narrow indexes do not help......(Think FANG) but how about (UGHA) for the DOW 30
    2 points
  12. 2 points
  13. from a 2014 article: „Companies have been allowed to repurchase their shares on the open market with virtually no regulatory limits since 1982, when the SEC instituted Rule 10b-18 of the Securities Exchange Act. Under the rule, a corporation’s board of directors can authorize senior executives to repurchase up to a certain dollar amount of stock over a specified or open-ended period of time, and the company must publicly announce the buyback program. After that, management can buy a large number of the company’s shares on any given business day without fear that the SEC will charge it with stock-price manipulation—provided, among other things, that the amount does not exceed a “safe harbor” of 25% of the previous four weeks’ average daily trading volume. The SEC requires companies to report total quarterly repurchases but not daily ones, meaning that it cannot determine whether a company has breached the 25% limit without a special investigation. Despite the escalation in buybacks over the past three decades, the SEC has only rarely launched proceedings against a company for using them to manipulate its stock price. And even within the 25% limit, companies can still make huge purchases: Exxon Mobil, by far the biggest stock repurchaser from 2003 to 2012, can buy back about $300 million worth of shares a day, and Apple up to $1.5 billion a day. In essence, Rule 10b-18 legalized stock market manipulation through open-market repurchases.“ https://hbr.org/2014/09/profits-without-prosperity Basically it is all the outcome of the Reagan era „de-regulation“ politics or better call it „mantra“. Most of it is still in place and was never rolled back.
    2 points
  14. 2 points
  15. From April through October, Nice has the holiday tourist feel. The place is just packed with visitors from June through September, and the shoulder months are almost as busy. It's a lot of fun. Another great thing about owning a nice apartment here, you can arbitrage your apartment for a vacation almost anywhere else in Europe, virtually always for less than you're getting in rent from your apartment. In some cases, much less, such as if you go to a Baltic Sea resort, or Slovenia or Croatia. That's seaside. If you go inland, it's even less. You could tool around beautiful central Europe, even in France, all summer and come back with more money in your trading account than when you left. For people like me, on a little bit of a budget, it's a nice perk. 😉 As for produce, there's a fresh produce stand about 120 meters from my door. Place is always busy, and the produce is cheaper than the supermarkets for most things, but not all. But it's cheap for a reason. I figured out after throwing shit away once or twice a week, that the guy buys lower quality merchandise. So I stopped shopping there. The Halal butcher shop/convenience store right across the street from me actually has better fresh produce, and his prices are competitive. But the best quality fruits and veggies are at the Monoprix, Carrefour, Casino, and Utile. There's also an ALDI just a few blocks away. Produce is always good there, and really cheap. Another discount chain on the same block is Netto. Haven't tried it yet.
    1 point
  16. I live in Le Port district. It's wonderful. But so is the center of town. Mt. Boron, Cimiez, and further up in the hills have fantastic views, but are boring. Cannes, Villefranche, and Menton are also great, and there's a newly renovated train station at Nice St. Augustin that is a short walk to the airport.
    1 point
  17. Trendline busted. S&P positive.
    1 point
  18. Is it? Or, isn't it? Pricier listing than others, coming in at $975K. But that purchases you 60 acres and a 3/2 house "updated with modern amenities" (all financed on a cash-over-the-barrel basis, I'm sure...). It also comes with "a 1 bedroom and 1 bath lake house, and a guest cabin." Nice... separate quarters for the hired farmer! There are fifty-nice photos, which are all relatively uninteresting... until Photos #36 and thereafter, when several familiar covered structures come into view. https://www.redfin.com/CA/Willits/10665-Hearst-Willits-Rd-95490/home/183056675 This property is 2-days old. So... is it? Or, isn't it?
    1 point
  19. Fun to listen to the Tunisian fans celebrate their 1-0 win over France, even if the win doesn't support advance out of the pool round. The historical overtones to matches are terrific.
    1 point
  20. Got caught with the hand in the cookie jar!
    1 point
  21. Happy Thanksgiving! Little known anecdote about the Pilgrims: they were all stoners of the first order. Thought they were sailing to Ireland on a hemp run... ended up instead in North America. Last night's listing was on a road called "Covelo" - it is the second pot farm I've found on that road. The two properties are separated by about 9 minutes' drive. It makes sense to me that you'd see some tight grouping of farms: before legalization, I suspect/may-have-heard-told there were "communities" of growers who knew one another, trusted one another, looked out for one another, and really didn't welcome outsiders. Additionally, once you master a strain in an ecosystem, there are advantages to expanding that strain's planting nearby. Lastly, I imagine that post-legalization, a bunch of these communities secured licenses and shifted into a less paranoid situation. Somewhere north of here in the town of "Bridgeville" (of which I've never heard), there is a place called "Larabee Valley." I imagine this place was - and may still be - such a community. Up there, you can get 51 gorgeous California acres, a beautiful cabin/home that was built in 2012, outbuildings, timber, meadows, and... of course, a "Cannabis license/permit" for $699K, which is the September 2022 "relisting" asking after a May 2022 "relisting." This listing is interesting, because Photos #3-7 show the characteristic "rounds," however, in apparent full bloom. I count 50 (5 X 10) in an orderly stand-apart situation, and then maybe another 50 rounds tucked in around the greenhouse. There is also, then, the greenhouse - I'd guess that's where young clones are encouraged before transplanting to the rounds... but I don't really know. Perhaps, instead, it's a separate production line relying on a strain better adapted to greenhouses? Those photos really bring home how very large pot plants become when in a happy locale & properly attended: the marriage between strain & ecosystem, overseen by an attentive farmer. https://www.redfin.com/CA/Unknown/51-Larabee-Valley-Rd-95526/home/179239890 And then, from the listing, there is this: "Can be sold with neighboring property. They go very well together." "very well together"? Like strain & ecosystem? And so we find nearby on Larabee Valley Road, a second place, with a similar "May 2022/September 2022" history, asking $599K for 147 gorgeous Californian acres. And it, too, is a pot farm: "15,000 sq. ft. Cannabis license/permit. There is a 140,000 gallons of water storage, cold framed greenhouses, 20x40 processing building." https://www.redfin.com/CA/Unknown/147-Larabee-Valley-Rd-95526/home/179241523 Would love to see the books on these places. I have no handle on what one nets from, say, the first property and its ~100 rounds & greenhouse. The second property seems of a far-larger commercial scale: what has it historically generated as yield & net income? What are the underlying economics of these sort of pot farms? I mean, superficially on the first listing, 100 rounds = 100 lbs = $50K gross if you assume $500/lb. But it would be better to know non-superficial real numbers. It's on my list of research tasks.
    1 point
  22. That little drop in RRP totals, you know, little, just $100bn give or take, seems to have been a one shot deal. Maybe it was FTX related.
    1 point
  23. OK, I'm glad because I have assumed positions, but why would oil and gas stocks be rallying on news that OPEC is increasing production. Itsnuts.
    1 point
  24. Tesla death march. Don‘t forget: At one point Tesla‘s market cap was higher than that of ALL other car producers world wide COMBINED.
    1 point
  25. Here's a weird - but also instructive - pot farm listing. First the instructive part,: "Interim County Permit and State Provisional License in hand. 2 Story 30'x50' building and 20'x20' building. 16,557 sq ft of outdoor cultivation, 4,992 of mixed-light cultivation, onsite nursery and processing, permitted septic." https://www.redfin.com/CA/Blue-Lake/2499-Titlow-Hill-Rd-95525/home/115743183 That's a lot of vague words, amirite? But if you sum 16,557 + 4,992, you get 21,549. Why do we care? It turns out that "22,000" is presently a magical pot-farm licensing threshold value: https://cannabis.ca.gov/applicants/license-types/ Now, the weird. Look at the price history. The day after it listed for $1.15m on February 16, 2021, it sold for asking. Wut? That seems very... fortuitous... as if someone "listed" it with a buyer in mind at a pre-established price. Then, only seven months later on September 21, 2022, the property listed again , but this time for... $599,000. So, then-buyer/now-seller decides to "eat" $551,000 on a transaction? But that was before the October 18, 2022 price cut to $475,000. I'm wondering whether someone settled a debt with someone else by overpaying for 90 acres of California pot farming? It just seems weird. And now, they are selling at a loss, because it offsets gains elsewhere? I'm a suspicious man. Sometimes, I even get "the 'noids".....
    1 point
  26. I remind hot heads that in 2015 Turkey shot down a Russian bomber. Then there was a phone call between the heads of the Foreign Ministry. And that's where it ended.
    1 point
  27. https://whalewisdom.com/filer/scion-asset-management-llc
    1 point
  28. I just observe and report the facts. Why this is happening is above my pay grade. Besides, nobody knows especially the fin media. Their job is to get us to buy subscriptions to them wasting our time. We merely need to be chartists. Identify the trend, consider the implications, decide how to play it, and ride it until it gives clear signs of reversal. I note that this article is from a publication that no one outside the Beltway has heard of. And yet it's about a topic that is one of the 3 pillars of understanding liquidity, which is the most important thing you can do if you want to get the market right. The mainstream fin media, the Wall Street captured hand job maidens, never, ever report on the subject. They report the monthly deficit as a news item of little interest to anyone. It's trivial esoterica to them.
    1 point
  29. Steph Curry appeared in FTX commercials: its logo was prominently featured on the floor at Chase Center in San Francisco. Last night, the logos had also already been scrubbed.
    1 point
  30. Bots on autopilot? “If headline inflation more than 0.2 below estimates then buy all day“. I mean an upside day ok, but that one today? Even the craziest short covering fizzles out after awhile… Inflation is a done deal. „Shelter“ is lagging like 6 months or so. Without that component there would already be almost no inflation. The question is: Will the FED overpace? Market says no. We will see…
    1 point
  31. well, the FTX token is up 40% today
    1 point
  32. So what has been accomplished here.
    1 point
  33. so a 2 yr CD pays 4.9% interest a yr. and the NASDAQ moves up 5% in 30 minutes/opening bell.......... and that is called investing? >: Markets are forward looking and will re-price accordingly, right.....?
    1 point
  34. Wow. Look what they did to the charts.
    1 point
  35. Interesting headline on Bloomberg . :"Musk Starts Assembling New Cadre of Leaders Inside Twitter". "Cadre"? Since when do we have cadres in the US? This is a very odd term to use since the meaning of cadre has pretty much become synonymous with the Chinese Communist Party and it's organization. Why not management team? I expect eventually all companies if they want success or even survival, if we too achieve a one party, state will have Party cadres embedded. By some osmosis it seems that Bloomberg editors are absorbing the message. To the extent that Musk's aims are political, and they are, the use of the word cadre is profoundly loaded. I wonder if Musk used the term so Bloomberg just used it?
    1 point
  36. Found the thing I read - it looks like it was rebutted in the replies... so, Fact Check: False.
    1 point
  37. Binance walks away from FTX acquisition. Issues at FTX are beyond Binance's control. Suggests it wasn't ever liquidity, it was solvency. Crypto is for suckers.
    1 point
  38. 1 point
  39. lose 80% value in one day. is that a lot?
    1 point
  40. Sheer F'ing Garbage........F'ing Idots.......etc.....(Mis-Truths/possible Fraud/look at the comments) https://www.financialsamurai.com/most-bullish-economic-indicator-lower-i-bond-rate/ and it reminds me, and let us all top it off, from a genius in the Dallas Morning News "letter to the editor" ?Are People THAT STUPID? Dallas Morning News...... Letter To The Editor and Printed August 2022 ************** Maybe there was a plan? Many seemed to have missed the conspiracy carried out by Democrats. Many blame President Joe Biden for inflation. They’d be correct. Inflation was allowed to go up (some would say a little steeply), but there was a plan. Along with inflation, comes wage increases, and we’ve seen plenty of that. But eventually inflation is tamed and starts to recede. We’re seeing that now, and I expect it will continue, we’ll see. The point? Inflation is temporary, wage increases are permanent. The result? Inflation tamed and people have higher wages. Genius, I tell you, pure genius! G*** T***, McKinney >: is this what people are thinking? (US-World-wide)?
    1 point
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