As the equity market rebounds from Brexit, XPO stock price has followed higher, but not like in the past, up 1+ or 2+ points a day.
XPO should have been rebounded over 30 by now...bad omen to come?
When market pulls back (again), the selloff is steeper. In other words 2 steps back, 1 step ahead.
What will it take for XPO to escape the doghouse? A positive earnings picture going forward will make shorts cover.
Any other positives to look forward to from expert analysts or they all left to ignore XPO.
A different day, 2 days later...did you panic and sell your shares 7/7/16?
Today, GOOGL is up ~ 10 points (yawn).
Can't get too excited until GOOGL can surpass 750 onward toward over 800.
Today, maybe those who short, had to cover on overbought market, or the Pokeman Go game GOOGL has a stake in will help the bottom line.
How do you figure that is bottom - gut feeling?
Could do another spike down to 20...but remote.
Good time to bottom fish if that is what you're doing, expecting a bounce to sell.
The equity market just too big to fall on GS prediction.
The general trend is more likely see S&P 500 hugging the 2100 mark, going back and forth, until a trust headed to 2200 by end of year 2016. Likely to surprise many.
The smart money not on the sidelines or short until proven otherwise.
Soros and Drunkenmiller looked good at Brexit, but it didn't last but for 2 days.
It's a tug of war to see who wins this one. Just don't bet the house. Have dry powder to jump on the opportunity to buy more on the downside for the bounce.
Just my 2 cents.
Would be most appropriate if TEVA, AGN, and/or FDA come up with a statement next target date of completion.
AGN Saunders stated deal should close 6/30/16, but that date has passed with no celebration.
90% deal completed, what's the latest snag delay.
Feels like giving birth but the baby doesn't want to come out (lol).
LNN estimates lower than estimates lately but its stock price stays above 62.
Good news compared to couple years ago when LNN would trade under 50.
When better earnings do exceed, LNN should trade over 80, someday.
Or, another company like VMI comes along to make an offer over 90 for this mid cap value play.
Very few expected the rebound from S&P 500 2000 to little over 2100 is 4 days.
I bought UPRO at lower prices 6/24 and 6/27 and with the luck of computer trading on the upside to sell.
Now, pre-market either show profit taking; IMO stay above 2050. Volatility now on the downside.
The pause to refresh for a couple of weeks; going up in a straight line not good.
The lessor of two evils has Hillary in, Trump bad news for stocks on the downside.
Dog days of summer usually don't bring new highs.
Buy and hold days long gone.
GLTA, #$%$&P 500 tries to go over 2150.
What price you bought VRX ?
If it is over 30, it might be a long, long time before it will see that price again.
The fear now is once it closes under 20, it will not stick its head over 20 again.
Trade 10-20 for awhile (months) and then single digits is then considered a penny stock.
It can't get any worse? Some will say Chapter 11.
Bottom fishers not touching this one.
Day traders only one profiting or going short.
Nightmare for you, worse for Ackman.
UVXY more likely going under 8 than over 10;
another soon mass market selloff will get it over 20, but unlikely.
Need another black swan event such as Trump next president.
Loaded up (how many shares) at what specific price...will trace your smart bet.
Will you cover and exit if UVXY goes trading range 6-9 or average down.
UVXY should then revisit 16.xx at the max, not 20-25.
Or what target price you want to sell at a profit.
HSY trust won't sell at low-ball offer.
Bill Ackman largest holder of MDLZ company - not good vibrations.
You as individual may have profited if bought many years ago at 60s.
You hold UVXY too long, your profits evaporates, or nice gain at 16.68 down to 10.00.
UVXY looks like it wants to return to under 10; but this time stay there.
Donald Trump next president will spike UVXY to over 20 or 30, but longshot or very remote.
A smelly fish is a dead fish, no 2 ways about it.
End game is to figure out high price after TEVA sale, buy back shares, smaller company buys at 12/31/16.
My guess it heads by 275-300.
This is not a repeat of VRX as some make it out to be.
Two (2) more days before the close of TEVA deal...hope no more extensions into July and the FDA approval is blessed.
I'm looking forward to see what kind of magic Saunders can work out, or he lost his golden touch, now that mergers/deals appears dead. He might surprise many. but needs time.
Glad to see some other message than some fish guy who has nothing better to do, does not own or short AGN. What a way to waste time in life. Move on if nothing better to do than be a troll.
The target date closure is eom 6/30/16.
With 2 days left, these guys never close the deal early, not even by a day.
If all the paperwork not in order, FDA will prolong the agony at least another 30 more days into July?
Worse time to close a deal is within a market correction.
How long will it take for TEVA share price to go over 60. Maybe in 2017.
UPRO dead-cat bounce, with short-term peak at 60.00.
After that, uncharted territory to the downside again?
All this must be program trading to the max.
Therefore, expected bounce just a day or two.
I was surprised UPRO paid a small 0.08 dividend 6/22/16.
S&P 500 to 2250 look so far away now, that just getting back to 2100 by year-end is all you can ask for.
Fear is S&P 500 continues downward like first two months of 2016 to 1890 or lower.