January 24, 2022. The day the market died...?
So with all the news regarding Monday, I figured it could in a way fit together. Why would the plunge protection team jump in to save the market?
The 93M volume \"glitch\" which I posted yesterday
Starting with a previous post of mine. A so called "glitch" on Yahoo finance of a volume spike of 93M SPY ETF shares. This could be the margin call of Citadel.
But what happens next? The market goes up again.
As pointed out by Zerohedge and YT channel SpotGamma, a "mysterious put seller" sold gigantic amounts of puts, in turn saving the market from having a very, very red day.
ZH article pointing out the mysterious put seller
Could this have been the mythical plunge protection team?
What is the PPT? Is it even real? Take a look at this explanation from u/Snowbagels
https://www.washingtonpost.com/wp-srv/business/longterm/blackm/plunge.htm
Working Group on Financial Markets: The Plunge Protection Team is real! Excuse my poor meme skills
The turtles could have met with the president and got the go-ahead to save the market by unleashing the billions of puts.
But how does this save SPY from dropping? SpotGamma explains it nicely. This is the most important explanation:
https://preview.redd.it/g3fowwifw0e81.jpg?width=752&format=pjpg&auto=webp&s=174b1f446c2b99d598050583cd4414a9e75a31c3
"What you can notice here, as the market draws down, we had negative delta trades inputs - that means people are buying put options to start the day. Then, all of a sudden you can see right around 12 o' clock, a huge put seller comes into the market. Somebody came in at the bottom here, they sold puts. Now I would argue that this triggered suddenly a short cover rally in the market. As you can see, these deltas input options continue to be positive for the bulk of the day, so that is telling us that people were scrambling to cover their
... keep reading on reddit ➡When i play in the PM I'm virtually certain that every point of interest is either going to be already looted, have players currently occupying it, or arriving shortly. Every firefight in the PM is a dice roll on whether you survive. Even if you take out 3 players, there's a 4th or 5th PMC hiding in a bush, or a squad of player scavs pushing the shots they just heard. I often feel like i don't have a choice between fighting or questing/looting, because i always get stuck in the middle of a firefight I cant run away from.
In the AM? I'm completely uncertain how many players will be in raid. Sometimes lobbies are full, sometimes they're not. Player spawns are spread out enough that if a firefight does break out, you have enough time to loot and reposition by the time another player shows up. I'm uncertain which places have or haven't been looted 15 minutes into the raid. I feel like my decisions have more weight because the raid isn't just a complete clusterfuck of constantly fighting off player after player after player. Tarkov is genuinely less predictable and more fun in the AM, than the guaranteed clusterfuck you have going in the PM. The game feels easier, but also more nerve wracking in the morning due to the uncertainty.
Makes me wish for more variability in the number of players we have in each raid during peak times.
forgot to say i mixed too with coke
is there something i can do for this weight on my chest? is heavy af and i think ill throw up if i close my eyes edit 3: thank you all for ur help and nice words, i feel fine now just tired and a bit messy but im conscious and i don’t feel bad anymore ❤️ just vibing in the streets edit 4: it’s 11 pm i didn’t sleep yet and i still have visuals so idk if i’m going crazy or what edit 5: i took 0.5 of xanny and i rest 30 min i think and now i’m going out cause i really can’t sleep anymore edit: 6 i finally slept like 10 hours and feel fine now, thank you all for ur good and bad words and for the knowledge u gave me in the end with up and downs it was a fucking good trip ❤️
Hi everyone,
So I recently joined a startup as a Junior PM (2 weeks in), and they have a lot of meetings which I have been sort of thrown into.
The issue is that there is no meeting preparation time, no documents shared in advance. Most meetings are like brainstorm sessions for the weekly sprints, with team members that consist of people who founded the product and others who have been in the company for a few months longer than me. I feel like I am not able to contribute as quickly or as witty as they expect me to.
They know that I am a junior, and that my previous experience was in a totally unrelated industry but I get the sense that they are not happy with my input, or the fact that I am a bit slow with it. I end up asking them a lot of questions for clarification and don't always understand the answers clearly cause I am new both to the product and the way these people think and work.
I am the type of person that needs a bit of time to prep, I need to know the agenda at least 10 minutes in advance. I cannot always brainstorm on spot. I mean I can do it sometimes and come up with brilliant points but it is not exactly my style of coming up with solutions. I need time to know what we will work on specifically and take time to think and write myself before I jump into a discussion. In fact, when I lead a meeting, I do it this way for others too. Email them the details, point out a few things they should prepare for, make a few bullet points on so that everybody contributes and has an idea of what we need to address. Is this odd for PMs in startups?
Am I doing something wrong here? I kinda feel like I am not worthy of the position or something because of my workstyle.
Edit: Thank you all so much for the valuable responses. This community makes me proud to be a PM. It is really inspiring to hear your experiences on this topic.
The idea being I want to get all my exercise and stuff out of the way with no distraction, as well as sleep at a reasonable hour.
Discuss
Hi there, I have a boring IT job where I schedule a lot of meetings at all hours of the day, servicing global clients. You'd think even with computer-kept schedules you wouldn't run into this issue, but you do. I've found that when you schedule something for, say "Midnight on Tuesday" people will still ask, "So which midnight do you mean?" Do you mean midnight at the end of Monday, which is when Tuesday begins, or do you mean midnight at the end of Tuesday? Though that's technically Wednesday, people still oftentimes consider that "midnight on Tuesday".
So just schedule it for one minute before or after, and avoid confusion. "11:59 pm Tuesday" leaves no ambiguity, neither does "12:01 am Wednesday". It will save you a lot more headaches than you realize.
Edit: A lot of people are saying "Why are you scheduling things at midnight?" First, I prefer graveyard shifts. I'm just a night person. /shrug Second, in IT a lot of maintenance and change work is done during offline hours because there's minimal impact on the operations. Third, I am scheduling things all around the world, usually relative to the client. So I might be on a Zoom call with someone in London and, because of point two, they'll say, "Schedule (some activity) for midnight." So it's not always my midnight I'm scheduling for.
Edit 2: I also agree that 24 hour time is superior. Unfortunately, people are idiots. And a lot of them wind up in upper management positions. I can't tell you how many times I set something for 24 hour time, and someone chimes in that they're confused, and they want to know what it is in "real time". It was more of a hassle using 24 hour time in my current environment.
That way you’re not in reactivity mode all day
I may not be able to do the challenge quests since I don’t have great support servants. Hope you guys have a wonderful time attempting them
Edit: almost forgot to ask, who are you planning on summoning for in this event? Me, I am gonna try and get Tamamo caster and I might try my luck with Beni-enma as my first five star saber.
From the National Weather Service:
Cherokee-Clay-Grainger-Loudon-Knox-McMinn-Northwest Monroe- East Polk-Lee-
WINTER STORM WARNING IN EFFECT FROM 11 PM THIS EVENING TO 10 AM EST MONDAY...
- * WHAT...Heavy snow expected. Total snow accumulations of 2 to 4 inches, with heavier amounts in the higher elevations.
- * WHERE...Portions of east Tennessee, southwest Virginia and southwest North Carolina.
- * WHEN...From 11 PM this evening to 10 AM EST Monday.
- * IMPACTS...Plan on slippery road conditions. The hazardous conditions could impact the morning commute.
PRECAUTIONARY/PREPAREDNESS ACTIONS... If you must travel, keep an extra flashlight, food, and water in your vehicle in case of an emergency. The latest road conditions for the state you are calling from can be obtained by calling 5 1 1.
Full bulletin available here: https://forecast.weather.gov/showsigwx.php?warnzone=TNZ069&warncounty=TNC093&firewxzone=TNZ069&local_place1=3%20Miles%20WNW%20Knoxville%20TN&product1=Winter+Storm+Warning&lat=35.9909&lon=-83.9885#.YdIne2jMLIU
I made an average during 2 hours of the wallet balance reduction associated to the function to deduce that at the same volume, the function will be called in about 8 hours and 50 minutes.
EDIT: 12:30 PM EST/ 9:30 AM PST! (Title is wrong)
12 games sprinkled all throughout MLK Day.
Starting with Pelicans vs. Celtics @ 12:30 PM EST/9:30 AM PST. Followed by Hornets vs. Knicks @ 1 PM EST/10 AM PST.
Especially important for you West Coast people. Don’t risk oversleeping and forgetting to set your lineup for tomorrow, and watching your players go off. Set them tonight or wake up early!
Best of luck next week and win your matchups. 💯
In spite of the blizzard, we will still be holding our Pyramid Club takeover tonight. We made our own flyer, inspired by the EMO night flyer post.
Pregame at Barcade, St Mark's Place: 9 PM
Pyramid Club Takeover: 10:00 PM - close (4 AM).
Cash bar
$10 cash cover beginning at 11:00 PM
$5 cash coat check
21+
Comment or message to join our now enormous group chat! Feel free to dress wild.
There are 24 hours in a day, not 12. Adding am and pm is an extra step and makes signage unnecessarily confusing when they are omitted. Even if you are used to using the 12 hr format, the math is really easy to make the conversion.
)
