Posted at 11:42 a.m. EDT on Friday, Dec. 18, 2015
We should just have Amazon (AMZN) run the market. It would make more sense, and would do a better job than whatever the heck is plaguing it now.
Think about it. Right now, when the price of oil goes down, the S&P 500 goes down, almost tick for tick. They say it is algorithmic, which is code for the computers having correlated the two and unleashed automatic selling in the S&P after crude reverses or goes down.
It becomes self-fulfilling.
Why would the market run better on Amazon? Because it would become accessible to everyone. You could buy a put on oil, say, using Amazon Prime, of course, for commission-free trading, and up would pop "Those who do not like oil here might want to buy a put on the S&P." Or it could include an icon for the Nasdaq-100 or the Dow Jones industrials.
That's right, just like if you enjoyed "Dead Wake: The Last Crossing of the Lusitania, you might enjoy The Lusitania's Last Voyage: Being A Narrative Of The Torpedoing And Sinking Of The R.M.S. Lusitania By A German Submarine Off The Irish Coast, May 7, 1915. You could see the linkage and act on it.
You could do individual stocks. Today, they are trashing the consumer-packaged goods companies -- Procter & Gamble (PG), Clorox (CLX), Kimberly-Clark (KMB) -- but Kellogg (K) is barely down. You could have the little icon on each stock -- using the company's logo -- and give the current price and see that Kellogg not been hit yet. Then you press the button under the column "for those who hate Clorox," and, voila, you are short Kellogg.