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I suppose it could, not sure if they'd bust the one trade that took it below 20% or not. @FSU might know?

He didn't activate them if they're under Title 32 which they would have to be if under command of their state governor. He can only do Title 10 activations. But of course understanding something like the laws that govern the use of 1/3 of your military force and the vast differences in how they...

No, it's not the same at all when it comes to premarket vs regular market and circuit breakers. The SPY premarket may presage a fall in the real, regular hours S&P 500, but it may very well not. All that matters for the 20% circuit breaker is what happens in regular session. And if you look at...

Don't forget that denominator, the e, isn't fixed. We know with absolute certainty (which is rare in markets) it's going to drop big time at least for this quarter. And then we'll be up to above average p/e again if we stay at these price levels.

Google the term martingale strategy.

UPRO tracks the S&P 500 index, not an ETF that tracks the S&P 500 index (SPY), right? Have you taken a look at their holdings in their prospectus?

The U.S. produces pretty much what the U.S. uses when it comes to oil. So tariffs aren't really going to impact anything when there's no net imports to tariff.

Not sure how repo would do anything with shorts, the whole idea is that you have to have the asset to borrow money against which you wouldn't if you were short? Not to mention it's super short term and not available to institutional investors.

There is indeed a 5% circuit breaker/limit up/down in premarket, we're currently limit down FYI. The S&P futures can't drop more than 5% until the regular session open.

Yeah but they can be up and running again in 6 months. Sucks if you've got equity tie up in one of them, but it's not like the industry is going to die.

It's an interesting question, a couple of thoughts. First, I'm not sure the opportunity is actually there that you think is there, given that the insurance is offering you a return plus life insurance and has to invest in something like treasuries plus offer the life insurance plus make a...

No, that's a horrible dictatorship operating over decades for you folks. Venezuela is no more indicative of socialism then Somalia is indicative of limited government, free markets, and freedom from gun control. The whole "we'll all be up like Venezuela..." trope is utterly moronic, you're...

Good is valued at whatever supply and demand values it at, same as any other commodity. There's no "rule" dictating it's price. @SanMiguel was just pointing out that those who think gold is an inflation hedge think it will behave in that manner which is why they buy it. But there's no assurances...

Keep in mind that dividend stocks: 1. Go down by the amount of the dividend when they go ex. As such, the fact they pay a dividend is meaningless from the perspective of their ability to preserve capital. There might be an underlying factor like steady, recession resistant income, that makes...

https://www.straitstimes.com/singapore/singapore-reports-two-covid-19-deaths-health-minister-gan

Still waiting for your point of your original reply to me.............you sure are shucking and jiving to avoid that aren't you? By the way, you probably want to take a look at the definition of "ad hominem", it doesn't mean what you appear to think it means. The actual definition is "a...

You failed to answer the two very specific questions I asked, are you incapable of answering them or are they just too inconvenient for you? At this point your projection is more telling than anything else.

In other words, you have no clue what your point was. Noted.

And as a similar aside I think "shutdown" is a far more accurate term than "lockdown". A lockdown is when you go to your prison cell and they lock the door from the outside. We're not quite there yet and we should probably save use of the term for if we ever get there.

I hate it when they send my SPX options to the floor, it's the kiss of death to the order and I have to kill it and resubmit it in smaller batches. Good riddance!