Many (I included) think Wednesday Yellen's grows a set and tell world markets *the fed target date to raise rates has moved up". Now I know its hard for women to grow a set but Yellen has been on the job for eight, nine month and must realize its no longer 2010, 2011 or 2013. The U.S. economy has turned around and the Fed needs to act now (planning for rate hike sooner) or look like complete fools. Typically the Fed is always late to smell the change of scenery, but I think on Wednesday Yellen see's the forest for the trees and clearly states "higher rates are come mid-2015 or earlier".
and this time Yellen won't catch Spy in free fall. Instead the Fed chairwomen will let Spy fall into 15% correction mode as the Fed looks the other way and says "grow up and realize higher rates are coming sooner then you want". Poor Spy - its gong to go SPLAT when it hits the hard concrete from high above.
First we have major military confrontations with China over China Sea (near miss military aircraft collision) and with navel ships on the China sea and now this.
U.S. Treasury Secretary Jacob Lew warned his Chinese counterpart in a recent letter that a spate of antimonopoly investigations against foreign companies could have serious implications for relations between the two countries, according to people briefed on its contents. The letter, which Mr. Lew sent in recent days to Chinese Vice Premier Wang Yang, said that China's recent focus on foreign companies could devalue foreign intellectual property, the people said. It also made reference to a meeting in July attended by Messrs. Lew and Wang, at the Strategic and Economic Dialogue forum in Beijing, at which China committed to using its monopoly laws to promote consumer welfare and not other companies or industries, the people said.
and tell the Brits to stick it. And my oh my what will happen if the Queen can no longer plan her summer vacation in Scotland. Will she have to move to Wales and eat her cake?
and more likely a triple jump higher by Friday.
as new shipment of arms floods into Ukraine army. Seems Putin will have to send back in his Russian troops since Ukraine army will push back Ukrainian rebels.
Spy longs are worried this weekend since Friday's sell off is a sure sign that market will fall next week. Just to much negative news (worldwide - financial) now and that's all going to come to a head on Monday and throughout next week. Spy does not act well in volatility and we have that in spades next week with Ukraine Russia war back on front page, Fed telling markets rate increase sooner vs later and Scotland sticking it to Britain and breaking off. Throw in ISIS crisis and China crumbling economy and Spy could get seriously wounded. We're talking a 15% drop in Spy share price, so be very very care bulls. You're about to be gored.
Sure looks like Znga had awful timing on its NFL on line game. Couldn't be worse now with the NFL in downward spiral and Roger Goodell about to be fired and Rice banned for life. See you all at low $2's very soon.
World War 3 is on the tips of the tongues of many, and now that Russia has fired its nuclear weapons as a show of force, Vladimir Putin is already warning the United States and NATO he believes this new Cold War 2 will cause a planned arms escalation in response to threats made over the Ukraine crisis. In a related report by The Inquisitr, even before Russia invaded Ukraine, various U.S. investors and financial analysts were saying World War 3 is inevitable based upon history and economic cycles.
so after reading the above - do you really want to go long Spy???
China and Japan are heading towards military conflict, according to a majority of Chinese surveyed on ties between the Asian powers in a Sino-Japanese poll.
Why can't they do some robot Jobs presentation, and leave Cook in the front row?
And as usual - Cook's presentation turns out to be a dud as Apple investors sell their shares before the stock breaks into the $80's.
Sorry - when you push "I fell down button" Apple charges a $100 911 fee just in case you didn't fall down but the paramedics showed up anyway. Apple loves to charge their loyal customers right and left, all the way to the casket.
So much for Ukraine cease - fire. Its not time to hit Russia with hard sanctions and send world markets DOWN.