Wall Street took huge gains from shorts and put the fear of going short into market. Now, Wall Street will rape unsuspecting longs w/o hedges.
Noting boring about this one.
Iran and Saudis will do all they can to make investors think twice about drilling more in US. Expect prices lower to accomplish that
No pumping CC. None. It's the kind of management team you rarely find in these mockups. RWC in another of my all time management teams. I do think the market needs to see some strong cash flow for RWC to prove it can clear up some serious debt problems. Waiting for lower before higher, it's not giving it to me. Good stock action for those long.
Wealth management, how does that work out for the region CFR is exposed to? You really need to look back 30 years to see how oil contagoin related to a busted oil price is a lot like cancer. The whole body suffers.
Expect they will push hard for more than one day rally. GLTA, yes they are official moves that were hoped for last weekend. Midweek is expected to be more potent than the normal weekend moves made by Central Bank & others.
Germany and Europe have no choice to play the same game, then there is the rest of Asia that competes with China.
Currency devaluations coming for the rest of the year?
Sorta of like Iran declaring they plan to pump more oil than ever to maintain margin. Has Iran seen the surplus of oil that is only now starting to see the coming soft season make a dent in demand.
Cash is king folks. Everyone on CNBC and Wall Street wants to you to buy bargain stocks this selloff is providing. Better, probably much better prices will be available for years.
China is looking at an economy that needs no more infrastructure and a fast dwindling export market. Cook and every head Honcho in China knows layoffs are coming in China. The harder Cook pumps the stranger things look.