Just for a quick trade. VIX is down so puts are getting pretty cheap relatively speaking. Drybulk companies seem to be trading in a range right now so I'm thinking they will trade back down since there really isn't a fundamental catalyst that should take them higher. But hey the market is irrational.
How short term this time?
You are still betting against the short-term trend. This morning carves out yet another sequential higher-high on the 5-day chart. If we stay above yesterday afternoon's low, you have once again traded against the trend that matches the timeframe of our bet.
I am a new investor and I am trying to understand the income tax impact on GNK which is a US based company versus most of the other companies based out of Greece.
I want to understand if the Greece based companies pay Income Tax and also why GNK's quarterly income statement does not show any income tax expense even though GNK's registered as a New York based US corp.
Actually you are wrong I think.
The coming stimulii in US, China, and Europe will act on the sector better than any buy rec or even beating the street for the qtr.
Bush is gone in less than 3 weeks.That is huge.