London area might save the day as I believe it has more college educated (and financial sector) people and big enough to bring bremain'ians back
After-hours buzz: Citigroup, Viacom, Dollar Tree http://www.cnbc.com/2016/06/23/after-hours-buzz-citigroup-viacom-dollar-tree-more.html Citigroup's shares bounced in extended trading after the company exceeded a key level in a Federal Reserve stress test. The test determined that Citigroup has the capital to keep lending in a severe economic downturn, Dow Jones reported. A measure of the bank's high-quality capital hit 9.2 percent, well above the 4.5 percent minimum, according to Dow Jones. Bank of America shares also popped after the test, while Huntington Bancshares sank. Media company Viacom's stock rose after the CEO requested a medical exam of its controlling shareholder. Chief Executive Philippe Dauman asked a court for an immediate medical exam of 93-year-old Sumner Redstone, Reuters reported. Redstone has been trying to oust Dauman, who is vying to sell a minority stake in Paramount Pictures, a move Redstone opposes. Earlier this year, Redstone was the subject of a lawsuit with his ex-girlfriend over his mental capacity. Discount store Dollar Tree's shares rose, continuing the day's gains after the Supreme Court ruled on a case involving rival Dollar General. The court allowed a child sexual molestation lawsuit against Dollar General to move forward in a Native American tribal court in Mississippi, Reuters reported. The justices were split 4-4, leaving intact a lower court decision on the civil suit accusing a male manager of a Dollar General store of molesting a 13-year-old boy, according to Reuters.
I'm away from my main desk this evening but just checking in on the overnight futures and saw the ES flash -50 handles in a matter of minutes not bad lol
London votes are coming better than expected and bremain is actually ahead now when it was down more than 150k votes or so
Goes without saying, but I'm sure that's because leave was ahead in the brexit vote. Should correct itself if stay is the final vote.
Hard to believe we are down 52 points right now. I so thought about going short today at the end of the day. Ugh.
Yo @Steven_Burt if you're around just wanted to give ya some big time kudos and a shout out your way bro. You totally nailed this call to a tee! Yowza. Mad props bud!
[TE="anotherdevilsadvocate, post: 13309, member: 26"]Congrats on NUGT, it is not easy money any more. As for feeling helpless, it never ceases to amaze me how easily/quickly I can look up charts of any stock I want.[/QUOTE] yea You Really Have To Pick And Choose Your Spots In Nugt Now, Its Been BouncingAround iIn A Range Since It Came Off The Highs...Omg I Hate This Phone So Much.
Don't worry guys, I am 80% short with puts(and VIX calls) that are short term, so it will eventually be Bremain and will surge back up to flat so that my other 20% in VIX puts doesn't work out either.
I think leave is going to take it, your puts are probably safe. Looking at the voting map, all of the north is practically in already and they are all for stay. Also, most of London area is in too, and they are for stay. And yet leave is still ahead, by about 400k votes now. I think Brexit is going to win this thing.
I never understood why economists/experts leave these kinds of critical decisions to the fate of people who doesnt really understand macroeconomics or how it can directly affect their own country... Anyway, I am 75% cash still so I dont mind it. But seriously, FTSE futures and pound both down close to 7%. It will be an interesting day tomorrow.
