oblong Posted Friday at 02:09 PM Posted Friday at 02:09 PM HBO's west coast people wanted to buy Netflix for $2B in 2007/08 but were rebuffed by big bosses in NY, who were still spooked by the AOL portion of their past. They didn't trust tech and internet people for a long time after that. Quote
Screwball Posted Friday at 04:14 PM Posted Friday at 04:14 PM AI Data Centers Are Making RAM Crushingly Expensive, Which Is Going to Skyrocket the Cost of Laptops, Tablets, and Gaming PCs On another note, earlier today, after giving back a little bit, the S&P 500 was within 25 points of all time highs. We probably need to lower interest rates. 🙂 Quote
Screwball Posted Monday at 02:47 AM Posted Monday at 02:47 AM NFLX is in the news. Let's look at some chart porn. 3 year chart of NFLX by week; It hit a high of $134.12 around the end of June just before earnings release. Humm... Now around $100 six months later. Don't follow this sector but something happened. Been a hell of a ride from the $27.34 for the previous 3 years. Quote
Deleterious Posted Monday at 02:35 PM Posted Monday at 02:35 PM Break out the popcorn. Their offer is $108 billion. Quote
gehringer_2 Posted Monday at 02:37 PM Posted Monday at 02:37 PM Just now, Deleterious said: Break out the popcorn. Their offer is $108 billion. LOL - Dollars to donuts which ever of these go through, the combined entity will end up dismembered again inside 10 yrs. These Hollywood/media marriages never seem to go well. Quote
Deleterious Posted Tuesday at 04:44 AM Posted Tuesday at 04:44 AM I swear they did this months ago, but I guess not. Quote
Screwball Posted Tuesday at 05:23 AM Posted Tuesday at 05:23 AM Chart porn; 1 day chart and tonight after hours by minute. 4:29 tweet, NVDA goes from $185 and a half to $190. Not much of a jump but it did move the price. Quote
Screwball Posted yesterday at 02:09 AM Posted yesterday at 02:09 AM (edited) While I'm here, I noticed JPM got whacked a bit today. There is nothing better than swine bankers get whacked, unless it was a few more of them. And JPM is the swine of the swine. Madoff. Epstein. They (not just JPM) are the money movers. For everything. And they make money on everything. That's the rules. 🙂 And the best part, if they blow themselves up they get bailed out. Edited yesterday at 02:10 AM by Screwball Quote
Screwball Posted 15 hours ago Posted 15 hours ago Fed cuts rates by 25 bps. Expected. Market didn't do much. Quote
gehringer_2 Posted 13 hours ago Posted 13 hours ago (edited) 1 hour ago, Deleterious said: I get it, it's what Congress said to do, but chasing employment with cheap money is the economic equivalent of crack cocaine. But 25 BP off 4% isn't going to move much anyway - it will function for Powell mostly to keep Trump's dogs at bay. Edited 13 hours ago by gehringer_2 Quote
Screwball Posted 9 hours ago Posted 9 hours ago (edited) 5 hours ago, Deleterious said: Toto, I've got a feeling we're not in Kansas anymore. You can't make this **** up. Let's look at a little chart porn shall we? Six month chart that I narrowed to Sept 1 by day. The yellow arrows with the red ellipse around them are the Fed rate cut days. 9/17 was the first rate cut, then another on 10/29, and now another on 12/10. On 9/17 the S&P was around 6627 at close. Today it is 6886. That's about 4% for 75 bps of cuts. I guess cheaper money isn't what it use to be. Speaking of chart porn and yellow arrows; The full 6 months and you notice that horizontal arrow 6028 level. That gap will fill at some point. Edited 9 hours ago by Screwball Quote
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