I think Trump winning would be pretty much terribad for all my US investments (and for the world imo). I can see a much weaker dollar if he gets in which would however surely be good for exporters - think the UK 100 index post brexit vote - and an easing of regulations in many areas which would give a boost to some sectors.

Also I mean surely some of his more hardcore views will suddenly become a lot more tempered if he actually was in office. I still don't think he will win but feels like it is becoming a lot more likely.

Its highly likely Trump isn't even running things if he becomes President. Pence will be the defacto Pres. Same deal they offered Kasich

With an near effortless communication system that we have, combined with the fact that the US is a country that often involves dining out for the purpose of meetings, dates and overall social gatherings, I'm with you on the outlook of the restaurant business. As far as the traveling, for me, its hard to say whether or not that will shift away from the "demand economy" for the younger generation. I mean, I can youtube a POV video of almost every location on the planet.

Going to take home a large, at least for me, spy position tonight. Going to sit in my gdx and silver as well. I literally hate it and want to get smaller so bad, would suck to give today back, but I think I'm right here.

Damn never had the balls to pull the trigger on FB. What an unstoppable machine.

Oil rout working out well at least. Nobody wants to hazard a guess at where the bottom is? o/u 34.5?

FB is in full on beast mode
def curious to see HOS earnings next week

FB got bought so much into earnings, it has to pull back some tomorrow right? right? Or do the short coverers make it go higher? (I remember when it was 120 and some guy announced he had shorted it and then others followed suit and it went all the way back to 114 before jumping up again)

Economic price is probably in the 40s somewhere. Prices tend to be inelastic to demand at points close to a lot of suppliers' cost, and there's a LOT of $40ish oil out there in the ground.

Front month and spot prices can still do screwy stuff due to storage issues of course.

If you think o/u for low by Dec. is really $34.5, you've pretty much got to be selling the Dec. contract at $44 and looking to buy the $30s in the spot market. Even storing for a few months, you'll looking at a couple dollar per barrel expected profit.

How can you have a weaker dollar than today. QE is dropped from helicopters. No desire to cut anything. Deficit $1.25 trillion this year with 2 months to go and this is when the economy is good. Unfortunately if he wins he will be blamed for the inflation that is inevitable.

The dollar is looking pretty ****ing strong where I am sitting (GBP). It was £0.48 to $1 roughly a decade ago - now £0.76. Against other currencys I dont know, but things can always tank further regardless how far they have tanked up to the present point.

IIRC Amaya have certainly blamed a strong dollar against various currencys for falls in deposits. Don't have a cite for that though just from memory.

Easy. This chart could be going the opposite direction:

http://www.xe.com/currencycharts/?fr...to=EUR&view=5Y

Flattened my spy bc in my experience days that open straight down and then rally straight back up are usually chop days. Will do some more waiting in the meantime.

Still in gdx and si.

Yo rafiki you played SHOP a little right? Looks like the next potential takeout.

If you look at the 10 year chart it was .80 and today it is .90. There is a loose peg. They are both bad. Greenspan came out today saying inflation is starting to tick. Now that U-6 is down and interest rates start to rise, expect inflation to pick up. As inflation rises, bond holders will start to dump causing more inflation. Basically we might be about 1966.

friend of my sisters had ~20k in CLBS, wow

I'm still holding my core position right now (more buy/hold account), hadn't heard much about a buy-out but it certainly makes sense given what I know about the majority owners.

But even without a buyout I like their mid- term prospects. SHOP did a crazy sneaky thing and took the $14 plan off the table a month ago, it just quietly vanished from the price list. The cheapest plan any vendor can have and still sell something is $29 (USD). Meanwhile Wordpress continues to be a monumental pain with all the security issues (like ransomware). In addition the nose dive in the Canadian dollar again recently is fantastic for them since they earn exclusively in USD. Their offices are 10 minutes from my house, everyone gets paid in CDN (as opposed to California prices). So the combo of that plan increase plus the dive in the Canadian dollar should start to really show up on the balance sheet next quarter I'd say, and maybe in guidance now. Someone I trust a fair bit told me that as of right now they can break even once every store is spending $90ish a month. That's not hard to do with the plugins and their rate format. The downside is I've heard horror stories about their dev teams and some of their management methods. So I'm not particularly in love with the long term story. I just think they've been a really interesting buy since $20-$25.

woah, what happened with Amazon? Crazy whipsaw. One minute I'm gloating and then...not!

reverse split herp derp

ASAP looks like you were 1q too early on GRUB

ETA: @jb514 oh wow. Did not see the 1 for 10 reverse split. Earlier the associated news was all about a fast tracked drug and I legit thought the stock was up 800+%

How confusing that we have jb514 and JL514.

Is there any significance to 514?

I assume we have the same birthdate

Wasn't me, pretty sure I've never traded GRUB or talked about it.

Does anyone have any sort of bull case for oil in the short term outside of it possibly being oversold? I can't conceive much of a reason for this drop to stop despite the healthy demand-side (which still isn't cutting it). If nothing else the drop has been pretty orderly, I don't think we've had any serious panic days yet in this leg down. I think it's just FOMO that's keeping things so orderly. And with the USD still surely having some upside left, I don't think it's a stretch for $35 before winter (all geopolitical surprises aside). I hate being on the same side as Goldman, I just don't know what the catalyst for a sharp reversal here is.

Any Asian news right now? Futures acting a little schizo

BOJ sitting on hands.