HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
There has been talk about it, but it's not particularly workable because of how regularly moviestocks delist45.
Say you create an index by adding the $H value of every moviestock.
Man of Steel is the 5th highest priced moviestock on HSX right now. When it delists in a week and a half, the index would drop by ~275 points. That would look catastrophic on the index, but it wouldn't really reflect how the market is doing. The actual market would probably go up as traders who owned SUPR2 would be putting that H$ into other stocks. (Sure, these prices going up would also affect the index, but by 275 points? Nope)
The thing I do to check what way the market is heading on a particular day is to click on "moviestocks" to bring up the top price movers for the day, and then look at the middle of the list to compare the movement of the 20th biggest upward mover against the 20th biggest downward movement. As of typing this is 67 cents up against 45 cents down, which suggests that the market is up slightly. (If it were a dollar up against 45 cents down, the market would be up a lot, if it were 67 cents up against a dollar down, the market would be down, etc)
Why is there no overall market indications? Jun 26, 10:51
There has been talk about it, but it's not particularly workable because of how regularly moviestocks delist45. Jun 26, 12:58
Wow that is a great way to think of it. I never have thought about it that way. Great post RogerMore!! {nm} Jun 26, 13:35
Thanks for the great response. Maybe a script can be made to pull that info for comparison. {nm} Jun 26, 14:15
I've been toying with the idea of using Starbonds Jun 26, 17:59
Yes - it would mean that you have extra time on your hands. {nm} Jun 26, 19:11
What is this "extra time" thing your speak of, stranger? {nm} Jun 26, 19:13
I don't think so as starbond adjusts depend as much on what movie is dropping out as much as the movie coming in Jun 26, 19:26
Individually I agree but in the aggregrate I've been noticing trends in tracking which ones I invest in. Jun 28, 17:55
