In one of the recent posts you mentioned that SPY goes ex-dividend this Friday. Could you please tell me where I could see the ex-dividend dates for ETFs like SPY, QQQQ, IWM etc? Thanks a lot, love your blog!
Adam
· 1 year ago
SPY just goes ex the Friday before each expiration. They don't announce the exact amount though until that day, I supposed because they need to see what they collect in divs of the components first.
Not sure about those other two, but I believe both are insignificant amounts.
GS751
· 1 year ago
the people making the rules don't know shit, to put it bluntly. Inter-day price movement is purely a function of demand for liquidity.... If you look at it from an economic standpoint... The regulators need to STFU about prices, which are supposed to fluctuate in a free market.... (Oh yeah I forgot American is no longer capitalist)... All prices do, well prices of good's (not stocks) is give signals on how to distribute a finite amount of goods and resources that have alternative uses... I just have to blow off some steam because Bernanke and co are really frustrating me. I hold off on adding to my bearish positions yesterday, because every time the fed opens its mouth it cost me $$$$. That is the shitty trader in me coming out. I think that one of the reasons the PPT has stepped in to artificially prop up the stock market (e.g. that 75 bp cut). is because that most American's are so effing stupid that they judge the health of the economy by how the stock market does.. I am actually predicting somewhat of a short term pullback in discretional spending based on a pullback in the DOW and SPY....
Adam
· 1 year ago
I mean I'm not really a short player, although my positions do get me short sometimes.
But you hit the nail on the head why straight shorting is such a rough game. You're fighting City Hall.
Anon#2
· 1 year ago
Any details (or even rumors) as to what will change?
Seems like just borrowing "restrictions" (or enforcement of the intended rules, if you will) - as opposed to uptick type crap.
This change in the MM rule could result in ETF spreads getting wider, right?
The real shitty move would be to require upticks on ETF shorting.
I'd have to think that really drastic stuff would've have been leaked out by now. Maybe the "sweet 19" rule is being extended to all stocks. The major firms like GS and etc. were probably operating under that basis since just after Cox rolled it out.
Adam
· 1 year ago
it's a bit of nonsense imho. More news that they plan to enforce things that you would have thought were actually enforced already.
All Comments
Thanks a lot, love your blog!
Not sure about those other two, but I believe both are insignificant amounts.
But you hit the nail on the head why straight shorting is such a rough game. You're fighting City Hall.
Seems like just borrowing "restrictions" (or enforcement of the intended rules, if you will) - as opposed to uptick type crap.
This change in the MM rule could result in ETF spreads getting wider, right?
The real shitty move would be to require upticks on ETF shorting.
I'd have to think that really drastic stuff would've have been leaked out by now. Maybe the "sweet 19" rule is being extended to all stocks. The major firms like GS and etc. were probably operating under that basis since just after Cox rolled it out.