and when you start seeing the Dow sell off three days in a row - you know the gig is up and the long lost correction has finally started. Spy headed for sub $200 by Friday.
On the earnings call, CEO Aaron Levie mentioned that analysts used the wrong share count when predicting EPS. If they'd use the right number of shares, their estimates would have been a loss of $1.99 per share, which Box beat by $0.30. This is not supposed to happen when investors are making decisions on "bad numbers" that were actually "good numbers".
and should see another 20% move higher on Monday as gold bugs panic and head for the exit at the same time. Fed melts gold way, way down come June. Possibly to $750 an ounce.
since they can no longer dump oil on a bloated energy market. Russia needs cash bad and the only thing left they have is selling their gold reserves as fast as they can. Better to dump gold at $1150 and ounce then $900 an ounce coming in a month or two.
so its best "to get out of Dodge" now before GLD falls through the floor and goes double digit. When gold falls this hard in one day - its a sure sign its going to sell off going forward. As in all of 2015.
in the flash of any eye. Since Iran will be able to pump more oil, flooding the market with massive over saturation. Oh where will we put all this black stuff with our bathtubs now over flowing. Look Out Below.
So now we find out if Obama and Europe "have a set" or if they are cowards who think World War II was a pipe dream.
Heil Hitler - so sorry I meant "Heil Putin"
and watch the market dive next week as Fed says 'so long patient" and hello rate hike this summer.
China, Europe keep easing while Fed holds off rate hikes until late 2015. Thinking gold set to push through $1300 very soon and if U.S. economy slips - Gold set sights for $1400.
and also go long Gold. Both going to rise from the ashes as Friday's job reports forces Fed to remove "patient" wording in mid-march and jack rate hike in June. World markets won't like that as Gold and Tvix ramp higher.
balls. Spy set to tank big time - but don't tell the longs.
but I'd thought I'd let the board know so they can trade accordingly. When you see a $1.50 move just on a Saudi comment, you know Oil is a tight spring ready to release (upward).