Record ice pack around the frozen continent.
Low rates will continue for an "extended period". GDX could move to mid $20s in a heartbeat. Record bearish consensus, & the crowd is always wrong.
Already discounted & priced in--that's why it tested $20. Up up & away probably.
Yeah baby, lets get this part going!!
Sentiment: Strong Buy
Here endeth the debate.
$7 TBT spike since that panic low a couple of weeks ago--very profitable. Hope you sold your TLT.
Buyers scarce acc. to Santolli.
All opinions sought, including Merenkov whom I do respect. My own take: coal stocks might be buys for a rally, bonds I'm not sure--if the market believes that the GOP will bring financial discipline, perhaps a case can be made for bonds.
Interesting that the dollar rallied today--I guess the end of QE wasn't discounted in currencies, especially if ECB initiates QE as Fed ends it. I still think the Germans will drag their feet on allowing Draghi to start QE, but I could be wrong on this.
Sure looked like a key reversal day & buying climax in bonds, didn't it? Do you think there will be a low volume retest of those levels in rates? If so, that could be the final signal to get out of bonds. It seems that it would take a huge deflationary event to break those lows of the 15th, and if that happens we prob. get more QE which as you correctly say is bearish for long bonds when it is announced.
I don't see how it helps. As far as I'm concerned, Mr. Cook can live any way he likes, and I have no problem. These things are private, but now Apple becomes a "controversy" stock and unfortunately this may hurt sales in some parts of the world. Does anyone think this will INCREASE SALES? If so, speak!
If you think it helps sales & is not a distraction, buy.
If you think it hurts sales & is a distraction, sell.
Honestly, judging from what I see, I'm leaning sell. i hope I'm wrong.