Yes-freakin-believable. i'd say investors are inerred by 30 point swings in the S&P, as long as it rides well above 2K, and nobody wants the risk of having paid too much for TVIX when the snow melts.
S&P 500 ~ 800 in Y-2009; 1200 in Y-2011; 1500 in Y-2013...
2000 in Y-2015 ~ the market swings (an thas WHY they call me electroswing) but it ain't crashing just yet. In fact, it's never been better.
shocking indeed... the surgical broadcast of antidisseminated septic pump has a nation on the brink as whimsical nymphets join the upstate whiteout.
Yes, but then Facebook went down for an hour, driving the markets into free fall. The end is near.
And there u stand in the windfall of autumn as the straw turns to heigh on a horses mein.
yeah ~ there is disparity, but the economy hasn't been this good in years. one step at a time.
tiny morning gap (profit taking after the rally)... consolidation. All it takes is a small catalyst - like the FED reiterating no rate hike - to re-test 2100. No way the FED will raise rates with the greenback strengthening every day. If it she could, Yellen would cut rates again. But, the cheap oil, and capital influx, more than compensates for an outrageously strong dollar.
Array BioPharma (NASDAQ:ARRY) acquires worldwide rights to Novartis' (NYSE:NVS) encorafenib, a BRAF inhibitor currently in Phase 3 development for the treatment of melanoma, contingent on the closing of the Novartis/Glaxo transaction that was announced last April.
Too many predictions... you make my head spin. i like to stick to the facts with some, very limited extrapolation; anything else is just sci-fi to me.
With the World Bank predicting 10-15 % percent growth (from cheap oil) in the Western world plus Japan, you'd pretty much need a cataclysmic event to slow the markets down significantly. That said, we might see a gap on profit taking today, and as euro-QE slides into the old news basket.
the VIX is at about 16 now... pointing to a strong stable market for the short term.