Malaphax Posted October 2, 2014 Report Share Posted October 2, 2014 tl;dr insider trader makes $339,421 in two days, realizes the SEC might notice and tries to refuse payment of his earnings. All but one of the brokerages he used took his money. Broker: Hey, you made $47,100 on a $1,200 investment,3 nice trade, where should we send the check? Peixoto: No never mind I was kidding. Broker: What? Peixoto: I just ... I just don't want the money. For reasons. Broker: So you want me to keep it? Peixoto: Sure, whatever, I just don't want to talk about it any more, okay? Broker: Yeah I don't think I'm going to do that. http://www.bloombergview.com/articles/2014-09-30/accused-herbalife-insider-trader-tried-to-take-back-his-trades Quote Link to comment Share on other sites More sharing options...
Jedi2155 Posted October 8, 2014 Author Report Share Posted October 8, 2014 Since the discussion of rent versus buy has come up a few times, this is a good calculator IMO for making that determination. The property calculators (there are quite a few) on this site really helped me have the right decision for my home. https://www.scefcu.org/forms-info-tools/calculators?CALCULATORID=HF05&TEMPLATE_ID=www.scefcu.org_1 Here are the other calculators I've been referring to: https://www.scefcu.org/forms-info-tools/calculators Quote Link to comment Share on other sites More sharing options...
Malaphax Posted October 9, 2014 Report Share Posted October 9, 2014 I found this living wage calculator, it makes some rather broad claims on what it expects individuals/families to be paying for food, rent, and other expenses. Personally I find their estimates to be incredibly low, not to mention they don't take into account any savings. Here's the page for Fullerton: http://livingwage.mit.edu/places/0605928000 And for all listings in California: http://livingwage.mit.edu/states/06/locations Quote Link to comment Share on other sites More sharing options...
Jedi2155 Posted October 10, 2014 Author Report Share Posted October 10, 2014 I skimmed it real quick and I don't understand what estimates you are referring to that are low? I find it very reasonable. I calculated that my required living expenses per year are something along the lines of $10,000/year excluding housing. That includes going out and doing the usual things I do. Housing adds another $500-1200/month depending on where and how you live. Quote Link to comment Share on other sites More sharing options...
Malaphax Posted October 13, 2014 Report Share Posted October 13, 2014 OC's rental highs and lows Highest average "effective" rent (rent after concessions) Rank Submarket Rent 1 Newport Beach $2,223 2 South Irvine $2,091 3 North Irvine $1,945 4 Huntington Beach $1,585 5 East Anaheim/Orange $1,577 Lowest average "effective" rent Rank Submarket Rent 1 West Anaheim $1,300 2 Buena Park/Cypress $1,416 3 North Orange County $1,484 4 Tustin/West Santa Ana $1,517 5 Santa Ana $1,561 Source: USC Casden Multifamily Forecast http://www.ocregister.com/articles/rents-638031-apartment-percent.html Quote Link to comment Share on other sites More sharing options...
Jedi2155 Posted October 13, 2014 Author Report Share Posted October 13, 2014 Green said the only thing that could dampen rising apartment rents would be if more renters doubled up or moved elsewhere. If that happened, “vacancies could increase and drive down rents,” he said. Quote Link to comment Share on other sites More sharing options...
Malaphax Posted October 17, 2014 Report Share Posted October 17, 2014 Volatility Index has just hit a 2 year high. Also you have things like Netflix getting hammered and losing 25% in after hours trading yesterday. We might be in for a market correction. You also had this happen a few days ago. These graphs show someone dumping $750 Million worth of S&P 500 eMini futures contracts in 28 milliseconds. Source: http://www.zerohedge.com/news/2014-10-13/what-happens-when-someone-desperate-sell-750-million-stocks Quote Link to comment Share on other sites More sharing options...
Jedi2155 Posted November 7, 2014 Author Report Share Posted November 7, 2014 Ponzi scheme in EvE. 2 players setup a front as a bank paying 5% interest from EVE players. After they managed to garner 1 trillion isk (~$50,000+ USD) of in game money they called it quits and updated the website to say thanks for the isk. You're screwed.GG ponzi schemes. Quote Link to comment Share on other sites More sharing options...
Malaphax Posted November 7, 2014 Report Share Posted November 7, 2014 I remember hearing about that 3 years ago. Because Eve's financial markets are such an important element in the game, it's only natural that people try and take advantage of it. Quote Link to comment Share on other sites More sharing options...
ren Posted November 7, 2014 Report Share Posted November 7, 2014 Everything is a scam in eve Quote Link to comment Share on other sites More sharing options...
Jedi2155 Posted November 9, 2014 Author Report Share Posted November 9, 2014 *mods feel free to move this comment to the EVE thread* Join us in more scamming Ren, I got like 4 or 5 RL friends to join up, 4 are in my corp. alone. I need you ren. Also unlimited skill queue now.... https://community.eveonline.com/news/dev-blogs/longer-queues-expected-skill-training-above-and-beyond-24-hours/ And finally multi-sell on your items..... https://community.eveonline.com/news/dev-blogs/sell-all-the-things-with-phoebe/ Quote Link to comment Share on other sites More sharing options...
ren Posted November 10, 2014 Report Share Posted November 10, 2014 Never again. Quote Link to comment Share on other sites More sharing options...
Malaphax Posted December 11, 2014 Report Share Posted December 11, 2014 Oil is falling all over the place. Here's a couple of nice graphs showing WTI (crude oil) and Canada Heavy Crude falling to levels not seen since 2009. Compare that to the breakeven price per barrel for the various projects we have in the US. On a semi-related note, I filled up today at costco at $2.95/g for premium. Quote Link to comment Share on other sites More sharing options...
T1no Posted December 12, 2014 Report Share Posted December 12, 2014 damnn less than 3 dollas premium Quote Link to comment Share on other sites More sharing options...
Malaphax Posted December 16, 2014 Report Share Posted December 16, 2014 Quote Link to comment Share on other sites More sharing options...
ren Posted December 16, 2014 Report Share Posted December 16, 2014 $2.30 gas here Quote Link to comment Share on other sites More sharing options...
Malaphax Posted December 17, 2014 Report Share Posted December 17, 2014 These are the two charts I've been checking on a regular basis: http://www.bloomberg.com/energy/ http://www.bloomberg.com/quote/USDRUB:CUR I'm also hearing some conflicting but still crazy reports out of Russia (go figure craziness out of Russia). Yesterday NPR/BBC was saying there were no currency lines or bank lines. Today I'm hearing there are both, and that anyone with significant amounts of money is buying every appliance and piece of expensive electronics they can get their hands on. http://www.cnbc.com/id/102273163?#. Also yesterday it was so bad that several of the foreign currency exchange brokers halted trading with the Ruble: http://www.bloomberg.com/news/2014-12-16/ruble-swings-too-much-for-retail-brokers-as-they-suspend-trading.html http://www.zerohedge.com/news/2014-12-16/usdrub-pair-will-be-discontinued-due-recent-instability-russian-ruble But like all things finance, we live in a globally connected world and so we just ended up with people using the Norwegian Krone as a proxy, this is the result: http://www.zerohedge.com/news/2014-12-16/ruble-trading-dead-meet-new-ruble And you probably heard about Russia's central bank (CBR) raising interest rates from 10.5% to 17%. I wonder how all of this will unfold. But don't worry, because Putin won Russia's man of the year again... for the 15th year in a row. http://www.businessinsider.com/putin-wins-russias-man-of-the-year-for-the-15th-time-in-a-row-2014-12 Quote Link to comment Share on other sites More sharing options...
Malaphax Posted December 23, 2014 Report Share Posted December 23, 2014 Here's a decent explanation of the current oil market situation: http://zero-value.com/oil-crisis-explained-in-3-minutes-2/ Quote Link to comment Share on other sites More sharing options...
kuhla Posted December 23, 2014 Report Share Posted December 23, 2014 Hmmm. That seems to paint the picture that this is exactly what OPEC wants and that they are the ones really benefitting from this, not NA producers, contrary to what I hoped. Quote Link to comment Share on other sites More sharing options...
Malaphax Posted December 23, 2014 Report Share Posted December 23, 2014 No producers are currently benefiting in the short term, consumers are happy with the lower prices for oil products. Opec is still losing money in the short term. Keep in mind the smaller Opec members may not have the cash reserves to keep that up for very long, they might start turning against the Saudi's after they lose enough money. Quote Link to comment Share on other sites More sharing options...
Jedi2155 Posted December 24, 2014 Author Report Share Posted December 24, 2014 Been 6 years since the last recession.....it's about time things kicked in again. I'm predicting that these low prices is the initial spark to a mild to moderate recession IMO. The bond markets are already hit. It'll take a while for the full effects to ramp up but it'll come in one form or another. The severity probably won't be huge but I expect some effects to come in with crude the way it is. Hopefully with lower gas prices, the middle and lower income classes won't be hit as hard this time around. Also hopefully they won't kick away green tech either. Quote Link to comment Share on other sites More sharing options...
Jedi2155 Posted December 28, 2014 Author Report Share Posted December 28, 2014 Brent oil $90 to $100 in 12 to 18 months: Pickens http://www.cnbc.com/id/102291371 Quote Link to comment Share on other sites More sharing options...
Malaphax Posted December 29, 2014 Report Share Posted December 29, 2014 Following up on some of the oil discussion there's another thing T Boone Pickens mentioned, and that's to follow the rig count: The bigger decoupling that's happening is oil is decoupling from the Energy Sector and from the S&P500. Which looks something like this: Source: http://www.zerohedge.com/news/2014-12-29/wti-hits-52-handle-us-rig-count-tumbles-8-month-lows Quote Link to comment Share on other sites More sharing options...
Malaphax Posted December 31, 2014 Report Share Posted December 31, 2014 I came across one of the most ridiculous graphs I've seen in a long time the other day. Here it is in all it's glory: There's apparently an entire website dedicated to this stuff: http://pricedingold.com/ Look it's all good that some people believe currency needs to be tied to a fixed commodity like gold, but I find it laughable that they believe gold itself doesn't fluctuate and have it's own trends. For reference here's some charts of gold prices: Notice the massive boom in price starting in mid 2007 and more recently the slow steady decline beginning in late 2011. I've never fully understood the more hard leaning "gold standard" group of people. Quote Link to comment Share on other sites More sharing options...
Malaphax Posted January 5, 2015 Report Share Posted January 5, 2015 The year is starting off... interestingly. Dow Jones, falling off a cliff: http://www.google.com/finance?q=INDEXDJX%3A.DJI&ei=bvaqVLnpOOqZiQLF9YCgCA Cude is also falling off a cliff: WTI broke under $50/bbl Well at least gas is cheap. Quote Link to comment Share on other sites More sharing options...
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