Down goes the Dow

That was me, la genta, just playing with a bit of my retirement funny money... ? mind you I thought my trades would have influenced prices a bit...

I long for the day when I can throw that kind of money around.

Who do you think might have been behind those trades?

the idiot wrote:

I long for the day when I can throw that kind of money around.

Who do you think might have been behind those trades?

Vanguard or Blackrock. Probably Q2 portfolio re-balancing

Back to back tweets from two well established financial idiots. What’s the matter, Igy? CNBC not on?

Racket wrote:

seattle prattle wrote:

Fair enough. Maybe i can make back on Tesla what i lost on bitcoin. I'm more than 2/3rds of the way there.

See bolded text above

i understood you from the start.

Took some profits today, but still have a little left, which with a little luck, i can forget about and rediscover in a few years when it's worth enough to buy me a Tesla. You know, the one i was going to buy until i lost the down payment on that bitcoin stake.

the idiot wrote:

I long for the day when I can throw that kind of money around.

Who do you think might have been behind those trades?

The fact that these trades occurred within a 10 minute period makes me believe it was probably the same fund. Two Sigma, Rentech, Susquehanna, all the usual suspects; but whoever it was, they wanted out fast.

Earlier yesterday QQQ at 12:01:31, you had 367650 shares ( $98,927,262 ) trade at 269.08. Was trading 269.15 before and after, thus telling me it was a sale.

Today a buy?

NLS Time (ET) NLS Price NLS Share Volume

09:51:46 $ 255.19 100

09:51:46 $ 255.20 200

09:51:46 $ 255.21 100

09:51:46 $ 255.215 180

09:51:46 $ 255.215 180

09:51:46 $ 255.23 800

09:51:46 $ 255.21 191

09:51:45 $ 255.17 141

09:51:45 $ 255.17 100

09:51:45 $ 255.17 100

09:51:45 $ 255.30 800,000

09:51:45 $ 255.19 399

09:51:45 $ 255.17 800

09:51:45 $ 255.17 100

09:51:45 $ 255.1699 178

09:51:45 $ 255.15 2,345

WFC very active today; missed on earnings and revenue, yet

11:10:24 $ 23.855 100

11:10:23 $ 23.8577 1,000

11:10:23 $ 23.855 200

11:10:23 $ 23.855 200

11:10:23 $ 23.855 152,400

11:10:23 $ 23.85 1,000

11:10:23 $ 23.8567 1,000

11:10:23 $ 23.86 100

11:10:22 $ 23.86 200

11:10:51 $ 23.895 300

11:10:51 $ 23.895 800

11:10:51 $ 23.895 300

11:10:50 $ 23.895 3,100

11:10:50 $ 23.895 300,000

11:10:50 $ 23.9076 628

11:10:50 $ 23.905 200

11:10:49 $ 23.91 300

11:10:49 $ 23.90 379

11:12:11 $ 23.88 300

11:12:11 $ 23.885 100

11:12:11 $ 23.885 200

11:12:11 $ 23.885 312,800

11:12:11 $ 23.89 100

11:12:11 $ 23.89 200

11:12:11 $ 23.885 100

11:13:13 $ 23.75 1,000

11:13:13 $ 23.75 400

11:13:13 $ 23.75 200

11:13:13 $ 23.75 200

11:13:13 $ 23.775 100,000

11:13:13 $ 23.7548 101

11:13:13 $ 23.75 200

11:13:13 $ 23.75 100

11:13:13 $ 23.75 100

13:22:42 $ 24.03 100

13:22:42 $ 24.025 300

13:22:42 $ 24.025 100

13:22:41 $ 24.025 1,410,335

13:22:40 $ 24.025 100

13:22:39 $ 24.0201 1,000

13:22:38 $ 24.0243 140

13:22:35 $ 24.025 100

Friday you had a 909242 share trade at 11:31:32 at 24.805

24.80

24.80

24.8028

24.805 -909242

24.81

24.805

24.80

Racket wrote:

the idiot wrote:

I long for the day when I can throw that kind of money around.

Who do you think might have been behind those trades?

Vanguard or Blackrock. Probably Q2 portfolio re-balancing

Vanguard and BlackRock use State Street ETFs?

la gente esta muy loca wrote:

Racket wrote:

Vanguard or Blackrock. Probably Q2 portfolio re-balancing

Vanguard and BlackRock use State Street ETFs?

I guess not. Second part of my statement still applies

Stopped by the office this morning for the first time since mid-March. We are officially open and only two out of thirty-plus people in. I asked if this was normal and the cashier said yes. The usually packed parking garage across the street was empty. Downtown Boise was not dead as in a Sunday or Holiday, but more like a Saturday than a weekday. Prior to Covid 19 Boise was one if the fastest growing areas of the country, and it is seriously compromised at the moment. Plans are still on for classes and football at Boise State, in the Downtown vicinity, which seems overly optimistic.

There’s a pandemic going on.

Ghost of Igloi wrote:

Stopped by the office this morning for the first time since mid-March. We are officially open and only two out of thirty-plus people in. I asked if this was normal and the cashier said yes. The usually packed parking garage across the street was empty. Downtown Boise was not dead as in a Sunday or Holiday, but more like a Saturday than a weekday. Prior to Covid 19 Boise was one if the fastest growing areas of the country, and it is seriously compromised at the moment. Plans are still on for classes and football at Boise State, in the Downtown vicinity, which seems overly optimistic.

Get ready for the housing market there to get even crazier. No one wants to live in the big cities city and no one especially wants to live in California anymore.

I'm in Rome this week, which involved travel from my country of residence elsewhere in Europe, and here's what I can report:

- both airports were fairly quiet

- I've been through more temperature checks than I can count, multiple times in both airports, each time entering the hotel, and entering shopping centers

- everyone here has a mask and wears it indoors. Most people wear their masks outdoors (often around their chin or hanging off one ear

- I have signed several forms (airline, hotel, restaurants) in case they discover a case and need to track me down

- every store has hand sanitizer out for the customers with signs telling people to use it

- many stores limit the number of customers

- there are barely any tourists. This is close to low season for tourists, but it's way quieter than usual

- everything is open, and Romans are out and about living "normally"

So obviously the economy is still impacted, but everyone here is taking this very seriously. There is no polarized political debate; society has chosen lives over livelihoods.

Racket wrote:

Ghost of Igloi wrote:

Stopped by the office this morning for the first time since mid-March. We are officially open and only two out of thirty-plus people in. I asked if this was normal and the cashier said yes. The usually packed parking garage across the street was empty. Downtown Boise was not dead as in a Sunday or Holiday, but more like a Saturday than a weekday. Prior to Covid 19 Boise was one if the fastest growing areas of the country, and it is seriously compromised at the moment. Plans are still on for classes and football at Boise State, in the Downtown vicinity, which seems overly optimistic.

Get ready for the housing market there to get even crazier. No one wants to live in the big cities city and no one especially wants to live in California anymore.

Maybe. People still have to sell their house in the less desirable place. I have a friend, bought in November, transferred out for job, lowered his listing by $10k, still no offers a month later.

This is pretty much the case in the the top 5-10 most populous states in the US with the exception of maybe wearing masks outdoors.

It's not really a political issue here. There's a handful of people talking loudly, one of which unfortunately is the president. Since no one really listens to him anyways, it's not too much of a big deal.

Sold AMZN, bought LUV.

SP500 is down less than 1% since January 1st lol

Thank the Fed, 154% of GDP, with Q2 Non-GAAP EPS expected down -44%. What me worry?