gehringer_2 Posted June 3 Posted June 3 (edited) 1 hour ago, Deleterious said: Starlink is the business that is currently making money. I'd love to see the analysis supporting putting data centers in space. A data center on the smallish side is a 10 MW operation. The solar energy available in space is ~1400 watt/meter^2. Really good solar panels operate at ~25% efficiency. The maths say that's 28,000 meters^2 of solar panel, or ~70 acres! For comparison that is an order of magnitude larger than the array on the ISS (which is a fabulously expensive one of a kind). And then add the radio transmitter power to the 10MW. Not to mention it's going to be in the dark half the time so you actually need twice that much plus a big battery (with a limited cycle life) to get you through the dark passes. There are no tech fixes here either - solar panels are very mature tech and you can't change how much the sun shines. Edited June 3 by gehringer_2 Quote
Deleterious Posted June 3 Posted June 3 Alphabet is selling $80 billion in stock and putting the proceeds towards its AI build out. Quote
romad1 Posted June 3 Posted June 3 1 hour ago, gehringer_2 said: I'd love to see the analysis supporting putting data centers in space. A data center on the smallish side is a 10 MW operation. The solar energy available in space is ~1400 watt/meter^2. Really good solar panels operate at ~25% efficiency. The maths say that's 28,000 meters^2 of solar panel, or ~70 acres! For comparison that is an order of magnitude larger than the array on the ISS (which is a fabulously expensive one of a kind). And then add the radio transmitter power to the 10MW. Not to mention it's going to be in the dark half the time so you actually need twice that much plus a big battery (with a limited cycle life) to get you through the dark passes. There are no tech fixes here either - solar panels are very mature tech and you can't change how much the sun shines. Think again: Trump administration will never support a power source that doesn't use fossil fuels. Those panels probably kill space birds. 1 Quote
oblong Posted June 3 Posted June 3 You can’t do solar in space. Haven’t you seen pictures? It’s dark. 1 2 Quote
gehringer_2 Posted June 3 Posted June 3 (edited) just be careful you don't tick off of these guys' mom. Edited June 3 by gehringer_2 1 Quote
Screwball Posted June 4 Posted June 4 More stupidity. From Seeking Alpha. I'll save you the click but here is the link; The Pattern Day Trading Rule Is Dead Quote Rules rewritten For the past 25 years, day traders of stocks and options in the U.S. needed to have $25,000 sitting in their accounts. If they didn't, they could only execute three day trades over a five-day period, while making a fourth trade would flag them as a pattern day trader and lock them out of their account. No longer. The PDT (Pattern Day Trading) rule is disappearing today—or at least most of it. Backdrop: The pattern day trading rule was implemented by FINRA in 2001 in response to the dot-com bubble. Active traders got hit hard during the downturn given the use of borrowed money, or trading on margin. New requirements were then put in place to fund their accounts in the hope of curbing excessive risk and speculative activity, as well as protecting brokerages from significant losses. However, critics have taken issue with the rule, saying that it was seemingly based on wealth rather than safety, and it was developed before the advent of zero-commission trading and real-time market access. Under the new system, the $25,000 minimum balance is going away, as well as the old rule that counted trades and the label of a "Pattern Day Trader." Instead, brokers will utilize monitoring infrastructure to look at the actual risk of open trades, and could block overleveraged ones or issue a margin call by the end of a trading day. It's also a massive win for fast-moving derivatives, as retail accounts can now rapidly buy and sell zero-days-to-expiration (0DTE) options. Existing margin requirements are sticking around, however, including the $2,000 margin base minimum, the 25% margin maintenance rule, and the restrictions associated with repeatedly failing to pay off margin deficits on time. Outlook: While FINRA is scrapping the PDT rule today, it is giving companies time to implement the changes across their systems. Brokerages like Robinhood (HOOD) and Webull (BULL) are jumping on the bandwagon immediately, though Charles Schwab (SCHW) is waiting until June 8, and Interactive Brokers (IBKR) and E*TRADE (MS) are set to make the changes soon, but haven't stated an exact timeline. Unlocking unrestricted day trading is set to be a tailwind for the companies' bottom lines, fueling fresh transaction volume that will translate directly into higher payment for order flow, margin fees, or premium subscriptions. No day trading rules, margin accounts, credit cards, Robinhood - what can possibly go wrong. Keep that bubble going at all cost. Who gets to hold the bag when the big kaboom happens? Quote
Deleterious Posted Thursday at 10:50 PM Posted Thursday at 10:50 PM Maybe stop and ask yourself why SpaceX is reserving a larger chunk for retail. Quote
gehringer_2 Posted Thursday at 11:55 PM Posted Thursday at 11:55 PM because people with 2K in their accounts don't read Morningstar? Just a guess there.... Quote
Screwball Posted Thursday at 11:58 PM Posted Thursday at 11:58 PM Can most people do anything about it even they wanted to stay away? I'm guessing not. Retail might get beat up, and good, they might be that stupid. The pigmen always win. Quote
gehringer_2 Posted Friday at 12:06 AM Posted Friday at 12:06 AM (edited) 8 minutes ago, Screwball said: Can most people do anything about it even they wanted to stay away? I'm guessing not. Retail might get beat up, and good, they might be that stupid. The pigmen always win. Elon especially - has been the most long term successful purveyor of the 'greater fool' theory in my investment lifetime. His cult of followers will buy no matter what the fundamentals and no matter how outlandish the promise (nobody is going to Mars any time remotely soon - at least if getting back is to be included). And as long as they buy it all stays afloat. Like they say about shorts - the Market can stay irrational a lot longer than an individual investor can stay solvent. Edited Friday at 12:07 AM by gehringer_2 Quote
gehringer_2 Posted Friday at 12:44 AM Posted Friday at 12:44 AM S&P says it will not let the AI IPOs into the 500 index early. https://finance.yahoo.com/markets/stocks/articles/p-not-change-rules-allow-230217103.html Quote
Screwball Posted Friday at 01:48 AM Posted Friday at 01:48 AM (edited) 1 hour ago, gehringer_2 said: S&P says it will not let the AI IPOs into the 500 index early. https://finance.yahoo.com/markets/stocks/articles/p-not-change-rules-allow-230217103.html That links to what the exchanges statement says. The pigmen have to get everything all dialed in to make it look legit for the masses so they arb the rules once they let them on the exchange. They are going to make a killing anyway, but just more ways to suck money from the system. The smartest guys in the room. And besides, the IPO's are underwritten by the big banks. The 21 (not sure how many now - wow - looked it up - now 27) primary market broker dealers (the big banks) control everything anyway. It's good to be the King! Edited Friday at 01:50 AM by Screwball Quote
gehringer_2 Posted Friday at 01:15 PM Posted Friday at 01:15 PM 4 minutes ago, Tigeraholic1 said: that's the good news, the bad news is that paychecks are being outpaced by inflation. Quote
Screwball Posted Friday at 11:34 PM Posted Friday at 11:34 PM (edited) Chart of the day as the market had a sad day - especially the NASDAQ. Down 1121 point by my chart porn. One of the most popular tech/chip ETFs got hammered as well (down 9 percent). SMH. Link below to their info page. SMH VanEck Semiconductor ETF Edited Friday at 11:36 PM by Screwball Quote
Screwball Posted Monday at 12:57 AM Posted Monday at 12:57 AM I checked the futures not long ago. All good. That could change when the sun starts coming up. Quote
gehringer_2 Posted Monday at 05:35 PM Posted Monday at 05:35 PM 16 hours ago, Screwball said: I checked the futures not long ago. All good. That could change when the sun starts coming up. US market just shrugged it off "Asian stocks. We don't need no steenking Asian stocks!" Quote
gehringer_2 Posted Monday at 08:31 PM Posted Monday at 08:31 PM (edited) 1 hour ago, Deleterious said: 😄 Intel? isn't that the company the market had left for dead a little more than a year ago? I hope Gelsinger has held onto a lot of shares after taking his leave. He deserves to be the one laughing all the way to the bank. (Forego profits today to invest really big for a stronger company tomorrow? Not if your're listed on a US exchange you don't. Only AI IPO darlings allowed to do that!) Edited Monday at 08:37 PM by gehringer_2 Quote
Screwball Posted yesterday at 12:24 AM Posted yesterday at 12:24 AM 4 hours ago, Deleterious said: Chart porn from the beginning of the year. INTC went vertical in March it looks like. Have no clue why. There is a HUGE gap that will eventually fill. Giddy up! Quote
Screwball Posted yesterday at 12:28 AM Posted yesterday at 12:28 AM 2 hours ago, Deleterious said: At some point do we have to wonder if AI is running the markets? High frequency trading, access for latency, packet sniffing, dark pools. The smartest guys in the room with 20 year old technology now turned over to our old buddy AI. What could possibly go wrong? Quote
Screwball Posted yesterday at 01:55 AM Posted yesterday at 01:55 AM Just for fun. Youtube video. Trailer for a documentary made in 2009 about the floor traders in Chicago. Also how the computers replaced them. Our markets at one time traded in fractions. Chicago and NY had the big trading floors. Hand signals to buy and sell back in the day. Wild stuff. Once the computers took over... Great book by Michael Lewis of Moneyball fame. Flashboys - link to AMZN. Flashboys - AMZN All about how the tech and computers found more advantages to skim money. Probably back when the movie Wall Street came out (87, looked it up) they were trading in fractions and on the floor using hand signals. Flashboys came out in 2014ish. He documents the incredible progress of the tech. And that was a long time ago... Quote
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