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Hurricane Fails to Move Market, Moves Trees Instead


Life-threatening surf and rip current conditions were expected to continue along the Gulf and southeastern Atlantic coasts, the National Weather Service said.

  •   1 min read
Hurricane Fails to Move Market, Moves Trees Instead

Isaias knocked out power in Florida and Alabama. The National Weather Service warned about life-threatening surf and rip currents along the Gulf and southeastern Atlantic coasts. The storm headed north toward the Appalachians and Mid-Atlantic. Thousands sat in the dark. The S&P 500 moved 0.3%.

Retail traders checked their phones in the blackness. No signal. No Robinhood. No way to buy the dip on a utility ETF they just learned existed. They sat there holding flashlights like cavemen while institutions traded power grid futures on backup generators in air-conditioned offices. This is what financial democracy looks like.

Some guy named Derek absolutely tried to expense a portable phone charger as a business loss. He'll call it disaster preparedness. The IRS will call it what it is.

The rip currents did not care about your technical setup. The surf did not respect your trendlines. Isaias moved through the Southeast like a margin call through a leveraged account. Fast, indifferent, and completely unimpressed by your risk management strategy.

Trees fell on houses. Power lines collapsed. The Appalachians braced for flooding. And somewhere in all of this, a day trader with a dead laptop convinced himself he would've caught the exact bottom on airline puts if only nature hadn't conspired against him specifically.

The storm passed. Power crews worked around the clock. Lights came back on. And the first thing every single one of those traders did was open their app to see what they missed, as if a hurricane was just another excuse for why they're still broke.

Photo by on Unsplash

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