Sec Approves Texas Stock Exchange, First New Us Integrated Exchange in Decades

Their EQUS Mini dataset is a great way to dip the toe if you want live data without licensing restrictions. Databento's article talks exactly about how it is sourced, but it is not that it is averaged but anonymized, specifically because of the complexities of upstream exchange licensing. [2]

You don't have to pay $200 per month for that -- that's for all-you-can-eat. You can experiment with pay as you go.

You can use my dbn-go tools to help you... here's the cost to get all the 1-day candlesticks for all the US Equity Symbols for 1-year... which you could use to make all sorts of charts and redistribute them freely (the trickiest part honestly):

  $ dbn-go-hist cost --dataset EQUS.SUMMARY -t 2024-07-01 -e 2025-07-01 -s ohlcv-1d ALL_SYMBOLS
  EQUS.SUMMARY  ohlcv-1d   $ 4.380178  156772672 bytes  2799512 records

  $ dbn-go-hist cost --dataset XNAS.ITCH -t 2024-07-01 -e 2025-07-01 -s ohlcv-1d ALL_SYMBOLS
  XNAS.ITCH  ohlcv-1d   $ 3.784698  135459632 bytes  2418922 records

I hang out on their Slack. Today there was a deep discussion about optimizing C++ SPSC queues, although it is usually isn't too technical like that. They are pretty transparent about how they implement things.

[1] https://github.com/NimbleMarkets/dbn-go

[2] https://databento.com/blog/databento-us-equities-mini-now-av...

> it is weird that Tesla’s management and board of directors and (a large majority of) shareholders all agreed that Musk should get paid $55.8 billion for creating $600 billion of shareholder value, and he did do that, and he got paid that, and a judge overruled that decision and ordered him to give back the money. I can see why Musk — and Tesla’s board, and its shareholders — would find that objectionable! They’re trying to run a company here.

SEC Chair says they are going to hunt crooks more aggressively, but won't leverage dawn raids as much to chase technical violations.

>But I want to put it into perspective. In 2024, ~62,800 people in Europe died to heat-related events.

Most of these deaths are not because of electrification but the fact that homes are built out of bricks and mortar and become ovens with heat waves that get hotter each year and ~10% to ~20% [2] of homes in Europe have air conditioning meanwhile ~95% [3] of homes have air conditioning. Your apples to oranges comparison mostly shows how Europe is generically unprepared for climate adaption (specifically heat resilience) and has nothing to do with electrification stability.

[1] https://www.texasenvironment.org/news-room/heat-related-deat... [2] It's all over the place some places like UK are around 5% adoption while southern Europe can be close to as much as 95% adoption. [3] https://www.eia.gov/consumption/residential/data/2020/state/...

We have high power demand in both winter and summer: in the latter, air conditioners use a lot; in the former, about half of Texans heat with electricity because we have less cold and so less usage of cost-effective, grid-preserving furnaces.

Texas has been building a ton of wind and solar to supplement generation capacity and is taking some leadership in the next-gen nuclear stuff for a reliable base load, but in the mean time the shortage of CCGTs is going to bite in a state where demand goes up this much, this fast. SB6 passed this summer also should help with reasonable control and oversight.

https://en.wikipedia.org/wiki/2021_Texas_power_crisis#Backgr...

> In 2011, Texas was hit by the Groundhog Day blizzard between February 1 and 5, resulting in rolling blackouts across more than 75% of the state… Following this disaster, the North American Electric Reliability Corporation made several recommendations for upgrading Texas's electrical infrastructure to prevent a similar event occurring in the future, but these recommendations were ignored due to the cost of winterizing the systems.

> Unlike other power interconnections, Texas does not require a reserve margin of power capacity beyond what is expected. A 2019 North American Electric Reliability Corporation report found that ERCOT had a low anticipated reserve margin of generation capacity and was the only part of the country without sufficient resources available to meet projected peak summer electricity demand.

What if that person has also lived in Texas for 30 years? And what if they had a family member that died during that power grid failure in 2021? I personally would find it quite difficult to communicate to them the nuance of a local problem and a state-wide problem when the end result is the same: no power.

In the future, you might consider approaching an interaction online with more balanced judgement.

Edit: Actually, looking back at the original comment, it's not even clear they're talking about the Texas power outage in 2021. All they said was "Hope they have ample backup power." Seems like a reasonable thing to hope for what might be critical infrastructure.

In the 1990s this started to change. The idea was that the different utilities could compete for customers, and thus they wouldn't be monopolies any more and thus market forces would take the place of government regulation.

Of course this has failed spectacularly. Deregulation brought us the Enron disaster and the 2021 Texas grid crisis, among others. But since corporations control the US government now, there's no chance regulation will be brought back.

The only negative comments from Democrat representatives and the media on the left I see is are critical of specific laws, for example abortion, but they don't insult the entire state or generalize.

If you need specific quotes let me know.