what is going to happen tomorrow,to the stock market as a whole?
so rate will be low forever,tapering starts January 2014 and only 10 billions?
Shall we all party forever?
are you saying GOOG earnings will be explosive due to all the GOOGLE SEARCH for Xmas shopping?
cant be the GOOGLE GLASS or the Motorola smart phones??
well,he is half right,not december but JANUARY 2014 ,but only 10 billions and keeping interest rate low for as long as ??
you know what it is killing/The greenback!
is this the beggar thy neighbor policy?
lets see- buy from me as my currency is cheap, compared to the Euro and the Yen
thanks,I was watching JAN 2014 PUTS strike 1040 and 980 ,980 aint worth much.and 1040 is worth less when GOOG goes up 18 points !
If you want to trade options,you have to apply,option trading is risky,options are wasting assets,100 shares of MMM would be around after JAN 2015 but an option to buy MMM would expire .Your broker wants you to understand you are taking risk.
His strategy of buying January 2015 calls of GOOG at 1200 means he is betting GOOG will be higher than 1200 by JAN 2015.
Lets say it reaches 1500,then your call options would be deeply in the money,you can either exercise your options and buy GOOG at 1200 and turn around and sell it at 1500 and make a 300 dollars gain per share .
If you dont want to exercise,then just sell your call options in the market and capture the gain before it expires.
Like he said,you need to study options,
He is confident Google being the gorilla in the room will stil be the gorilla in the room a year from now,but there is FACEBOOK ,there is also AOL and Twitter and MSFT and Yahoo and AAPL,they all want a piece of the pie and they are all going to slug it out,they all have plenty of $$$..
If you dont feel comfortable,then buy something starchy,like Boeing!
question-what is wrong with buying far out of money options,say buy mar 2014 GOOG call strike price 1200?
Goog could reach 1200 by March 2014,if not 1200,may be 1150?
All these money printing have not created jobs,it is the ghost of Lawrence Summer-confidence,lending and spending!
future down 59 points/not good,China manufacturing data disappoints,HK index down,
Lets hope this would not be used as an excuse for some of us to take profit tomorrow
(each year,the yearend rally,santa rally,january rally all take place earlier and earlier,remind me of someone who said as we get old ,we eat lunch at 10 am and dinner at 2 pm.
year end rally and January effects take place earlier every year,more people know and anticipate,I would not be surprised all the buying in past weeks have to do with these rallies.
it would go lower 1060 is still too high.a run from 886 to 1092 in a short time with no correction?
It would go to 1050 then may be a small bounce !