I picked up some $2.43s this morning.
Nice!
USA is the best in the world when it comes to nabbing terrorist suspects quickly!!!
Chinese market is up 2.5%
Look for 1% to 1.5% gain tomorrow, which should put UVXY at $6.80 to $7.00.
Watch
I'm waiting for drop into $6s before buying again. Futures seems to be inching back up, so we should see some retract in UVXY tomorrow and possibly Monday.
Big losses in restatement. Bad news continues. Restatement nearly never show upside. It's always more losses.
$15 to $16 tomorrow?
Should bounce here. That was not horrible earning. Selling is way overdone.
So I'm bit baffled of this 33% fall. But then again, the volume is low, it it'll probably counce back to $15 to $16 range tomorrow during the regular session.
Lowered guidance.
In fact, it retracts back after each pop.
If 3.25 breaks, we'll slide to 3.20 quickly.
Look for bit more drop towards closing.
I'm thinking 3.00 to 3.10 range is where GTAT will be supported and may reverse.