Overnight Rate Puns

I noticed that shortable shares in Fidelity Active Trader Pro replenish overnight.

In particular for GME, where there is a small free float of ~30 million shares, and your own data shows buy to sell ratio is suggestive of people buying and holding the stock, how can ~300k shares be found for borrowing every day? This represents 1% of the free float per day, and I think it is unlikely the same shares are borrowed and returned every day since there would be significant buying pressure from that.

Also, the annual interest fee is estimated as 0.75%. How can it be so low for a hard to borrow stock, especially since other hard to borrow stocks with much bigger float like AMC have 12.5% interest fee?

Thank you and looking forward to your answer!

So we all know the fed raised its overnight interst rate to .05% to help combat inflation from them pumping tons of 💰 into economy to fight covid crash.

So institutions with excess cash over their fed regulated reserves can now make .05% on this cash. Meaning fed says park yo cash here bud for a safe .05% nightly instead of pumping it back into economy (inflation). Looks like alot of these institutions with the excess cash are either not involved or long on gme. When gme rises, so does their excess cash to pump into rrp. .

But... since fed set the bar for overnight interst rate at .05%, now institutions who are below their regulated reserves now have to pay over .05% interst to borrow it every night to balance their books. Example: Bank A has 1 billion excess cash, Bank B is short 1 billion and now has to pay over .05% interst to borrow Bank A's cash now that the fed will safely pay .05%.

Are these institutions that are short the cash possibly who is short in gme? I'm guessing anyone short in gme is daily scrambling to balance their books every day, and their cost to do this just went up!

🦍🦍🦍🚀🚀🚀

Note: it is my understanding that institutions like banks, hedgefunds, market makers can use the reverse repo to dump excess 💰

But only banks can borrow money from fed. So institutions bleeding for cash to keep Marge from calling are forced to borrow money from the others with excess, which will cost them over the feds .05%

Anyone know what the factors are leading to this? I’d think as proof of stake and with it about to be listen on Coinbase higher demand in transaction would lead to higher rewards for stakes SOL. Any explanation would be appreciated, thanks

Hi all, Edit- this post is bullish for gold/silver. I need to APE this up. 🦍🦍🦍 So a lot of money is not in the economy and is being stored for free. The fed is changing this. But where does it go? The below post says this.

I’m wondering what will happen to banks/lenders now that the fed is uping interest rates to keep money/liquidity in the overnight reverse repurchase vaults. So, big banks/business that’s have too much cash on hand will store the liquidity with the fed at little to no cost. now the fed is up to 755 billion in cash a record high, and has to charge so that the money will stay in the system.will that cash be injected into the economy since most banks are telling their clients not to keep it at the banks? Will commercial banks start charging interest to keep your money in the bank instead of paying you interest? Fun times lay ahead.

I suggest to all people who read this to have this conversation with their bank, and to have notifications in the case banks start charging you interest. I really don’t see any other solution to too much liquidity other than charging to hold the cash. If the fed is charging to hold cash, why wouldn’t smaller banks do the same????? I hope I’m wrong and insane here.

https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSL2N2NZ23Y

"Watch Fed Chair Jerome Powell's full remarks on economic recovery" starting at 8:20 - https://youtu.be/-FuY9VERVsk?t=500

"Technical adjustments to the Federal Reserve Admininstered Rates: In order to keep the FFR well within the target range and to support smooth functioning in money markets"

IOER https://fred.stlouisfed.org/series/IOER/: "The interest rate on excess reserves (IOER rate) is determined by the Board of Governors and gives the Federal Reserve an additional tool for the conduct of monetary policy."

Overnight Reverse Repo Rate https://alfred.stlouisfed.org/series?seid=RRPONTSYAWARD: "The award rate is the rate given to all accepted propositions for the collateral type reported by the New York Fed as part of the Temporary Open Market Operations."

Does this have implications for the Reverse Repo Facility of the NY Fed? https://www.reddit.com/r/Superstonk/comments/nzrtvz/daily_reverse_repo_update_0614_583892_b_new_record/

When you do overnights for your regular NF what do you charge?

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Logged on this morning after the overnight maintenance to some pretty surprising changes. For starters, before the maintenance, my max balance with 750 critical had a 95% chance to crit. Went to farm Halfang, and now I'm seeing my critical rate is only 76%? Same goes for my max storm, with a heavily reduced chance to critical.

I haven't seen anything on the website about this little update. I know there was talk about reducing mob critical rates (especially in earlier arc 2 worlds) but I was unaware of anything regarding changing player critical rates.

If anyone has any info about this please let me know. I wish there was an easier way to know exactly what it is the devs change, but they tend to leave in the dark from time to time. Thank you!

https://tradingeconomics.com/zimbabwe/stock-market

The Zimbabwe Industrial Index increased 8016 Points or 1,045.99% since the beginning of 2021, according to trading on a contract for difference (CFD) that tracks this benchmark index from Zimbabwe.

Hi! I just started my first nanny job for this family in April. They’re super great, one of the moms was a nanny when she was younger so she really understands the ins and outs! Now for my question. I normally nanny their 3mo daily and will eventually have the 11yr and the 9yr (all boys) for a couple days in the summer. I’m going on vacation with them and other members of the extended family in July to a cabin in the mountains and I was just wondering what a fair rate to charge for the overnights would be. NF asked if normal 40hrs at 18/hr and then everything else at time and a half, including hours slept, and gas/mileage reimbursement would be fair. I think it sounds pretty good, but just wanted to run it by others with more experience!

I know this topic is done to death here, but I didn't see anyone post a huge amount of numbers regarding the shiny rate, so I've been doing some research and testing with shiny Pokémon, as I have also noticed that I was getting far fewer shinies than the widely agreed 1/273 odds with a Catch Combo of 31+.  

 

For the last few weeks, I have been standing AFK overnight and recording the game while I slept. I've been reviewing the footage each morning and counting the number of shiny Pokémon which spawned, as well as an estimate for the total number of Pokémon spawning. To review the footage, I opened the recording in VLC Player and skipped 10 seconds at a time on routes where 4 Pokémon can spawn, or 5 seconds at a time on Kanto Route 1.  

 

I played back an hour of footage from Kanto Route 1, Kanto Route 16, and Kanto Route 21, tallied up the number of Pokémon which had spawned, then divided by the maximum number of spawns per route. The average time a Pokémon was on screen before being replaced was 40 seconds, so all calculations are based on this average.  

 

What I have found is that there is a significant disparity between the expected number of shiny Pokémon, and the net number of shiny Pokémon. There has been only one occasion where I saw the same number of shiny Pokémon as the odds would suggest.  

 

The tests were conducted on three routes over three different save files, on two profiles on the same Switch console - a completed Let's Go Eevee save started in 2019 on one profile, and a completed Let's Go Pikachu save started in March 2021, along with a Let's Go Eevee save file started in April with three badges. All three saves have the Shiny Charm.  

 

I used a variety of Pokémon for the Catch Combos, ranging from easy Pokémon to catch - like Rattata, to trickier Pokémon - like Ditto. I have experimented with not using a Lure for the Catch Combo, forcing natures in Celadon City, catching Pokémon I have never caught before, not bumping into any other Pokémon before, during or after a Combo, and catching via the GO Park.  

 

The table below shows the date, Catch Combo, approximate number of Pokémon seen, total shiny Pokémon seen, shiny rate, and expected number of shiny Pokémon seen. Even factoring in human error for missing some shinies, the rates don't add up.  

 

|Date|Combo|~Seen|Shinies|~Rate|Expected|Dif

But Friday was brutal Fed discontinued the SLR for banks which topped the 10 year at 1.75%. Hopefully that’s the new ceiling, and rates rally this week. Rates matter unfortunately even though UWM is a strong purchase lender.

I do about 10-20 loans a month at UWM and you can tell if they are at full capacity based upon turn times for underwriting. Sometimes they approve loans in 2-3 hours which means they have slack. Last deal took 2 days that hasn’t happened in a while. The broker ultimatum, sharpened pricing, and jumbo I think have them really busy.

Over time, in harmony, small things grow.

Hello! Aspiring meatlord here, doing the research on overnight smoking what will be my 2nd brisket. Had mixed results on the first, so want to take the scholarly approach on this one. I'm trying to adopt much of what I'm reading into a digestible list, but need the expertise of you pros to set me straight, as I've never done an overnight before (and there are so many different way to go about this). I'll be smoking on a Kamado Joe with bluetooth thermometer. Here goes:

1. 14lb brisket, trim all hard, excessive fat. about 2-3lbs. Season liberally with kosher salt and coarse pepper with a bit of brown sugar, fridge for 12 hours, remove 2 hours before cook for room temp.
2. 10pm, light grill, aiming for 190-220 by 11pm. Add smoking wood (I like a blend of hickory/mesquite), and place brisket unwrapped. Set thermometer alarms, pray to whichever pantheon, and go to sleep, hoping grill will maintain temperature through the night.
3. Hopefully sleep through to 7am without interruptions (though not optimistic about this). Check meat temp, should probably be stalled somewhere around 150.
4. Spritz with apple juice, wrap in peach paper, and raise grill temp to 250. Monitor closely for a few hours, until internal temp reaches 190-203, and probes slide in like butter.
5. Remove from grill. Either cut the tip off for burnt ends now, or just wrap in a towel and place in an empty cooler for a few hours. Serve up when ready.

I'm sure that everyone has their secrets and variations, but I'm hoping my approach here should, on paper, produce a barky, smoky, perfectly cooked brisket. Very much open to all corrections and any advice! Thanks in advance.

Sooner or later, maybe 3 weeks, 3 months or 3 years. Institutions will realise BCH has the same value and users volume as BTC. This is when price and hashrate will rise accordingly.

What caused this massive drop in hash rate on moneroocean?

https://preview.redd.it/oygt5sa3g7m61.png?width=3584&format=png&auto=webp&s=a88f3d09b65f354dbfb37ac6842c67bf9b45793c

I'm the FOM for what's supposed to be a luxury boutique hotel, located in the downtown area of a mid-sized city in a pretty boring midwestern state, so... not exactly much of a tourism market already. Our bulk business since we opened two years ago has been weddings, corporate travel, meeting rentals blocks, etc. Obviously, pretty much none of that is happening or has been happening since March. Thanks to the pandemic, met with the fact that we have no highway visibility to attract any transient guests, and that now our primary focus is just trying to survive the off-season, we've had to slash our rates embarrassingly low just to "remain competitive." I'm also the property's revenue manager, so it's not like I don't understand why we have to do it... I just really, really, really hate that what we all knew would happen, is now happening. And there's really not much we can do about it.

Our super low rates are effective in attracting guests all right... the worst guests. The walk-in locals who live in town and inexplicably need a room at 10 in the morning, who need constant re-entry into the hotel during the overnight hours. The extend-one-day-at-a-time-right-at-checkout guests, who inevitably give us the "oh, yeah just let me move some money around real quick" spiel when their card declines--again--when we go to secure authorization for the additional night. The ones who have conversations on one phone while listening to music loudly in the lobby on their random second cell phone that they just carry around, before answering a THIRD phone and leaving the hotel then coming back 30 minutes later, lather rinse repeat. Please, make it even more obvious that you're dealing drugs. It's so fucking frustrating, but the market is so decimated, we pretty much have to let them stay. I don't have a good reason to kick them out anyway, I can't go off a hunch. When our average occupancy this week is still less than 10%... sigh.

Tonight they re-entered the hotel at 3:30 in the morning (at this point I just leave the doors unlocked because they're in and out so much), and I could hear a bunch of rowdy laughing and yelling, I figured it was just them being them. They walk by the desk with huge grins and go "there's some dude yelling at people out there." I could obviously hear the yelling, and I mean we're right downtown and there's homeless shelters somewhat nearby, it wouldn't be the first time we've had a run-in with someone with... issues. Anyway, I go to

been wanting to learn more about this rate.