I cannot pass up buying at these levels even if we are still going down. I did not see anything n the report to spur this much of a reaction...UNLESS its looking WAY FURTHER OUT??!!??
Dude...Most people see it going down further. It may stabilize here, but forget it taking off. Look at the futures market!!!
Great report, but stock is down because of a 5% currency adjustment. This is insane!!! I think they want people to think they will not hit there numbers in 2 weeks. Is short still at 5%?
I do not think we will test $850, but I have said that a breach of $1050 is critical, and there is always a possibility. I see anything under $999 a steal, yet this market is unforgiving and earnings will have to beat for any kind of recovery. Miss....We go to $850...period!!!
This market is poised to go higher, yet our economic problems are not gone and its real catalyst on going higher/lower will show itself on Friday. If the news is favorable, we go for new highs, and TVIX continues its trek lower. The "GOOD" news is analysts are actually upgrading TVIX. Schwab Market Edge ratings for TVIX is 87 out of 100. I have heard this before, so I take this news with a grain of salt. Overseas Markets were mixed and China's market was WAY down!!! It will take a miracle for TVIX to continue climb. They have bounced off these levels in the S&P numerous times in the last year and it looks like its being done again. This Friday should show what direction we will go in.
I get so tired hearing the Miners production numbers. There are several Miner's with great production numbers, yet there stocks continue south. Something bigger is happening here and there reports are not helping very much.
Daily average volume jumped from 30 million plus to 44 million plus. We are a little over 30 minutes in and its already traded 8 million shares. Large base of buying well above $3.25+. Next 10 days could be double that. We may end up with a strong base at $3.50. This should bring those bogus futures figures up a bit, making pennies days...to nickle days...
I would normally say you won the Lottery buying KING at these levels, yet with this market nothing is for sure!!! Stock should be $20+, yet it is below $13 again. I want to buy more so bad, but this market has too many problems and KING will could go down with it. The PPI did not look so good and CPI also just came in down. Anything could happen in this market.
If PCLN ever makes it to $750, it would be the best deal in the market.
These contracts have always been a sham, why would they stop now. UNLESS the big boys are going the other way??? We are almost down the 5% needed to see if we bounce back. According to recent news its impossible to tell which way its going short term, YET math will have to take over sometime in the future which does not look so good, even with LOW oil.
I already sold, because I feared it could go below $49. There is a rumor that GE is looking at acquiring them, yet with "Oil" dropping like a rock, its probably another won't happen any day soon.
Strange market. These ETF's and ETN's either Long or Short are calculated from fairy figures I do not understand how they come up with these figures. Are they designed to lose both ways?...It sure looks like it!!! Is there any true "LONG" or "SHORT" in this market.
If the dollar continues to strengthen, PM's will continue having trouble going North. I am still bullish, yet this market is everything but logical.
Largest sham I have ever seen in my life. Junk Bonds are AAA+ compared to TVIX. Either that or its about to explode the other way, and this is just an attempt to survive, but where is this $$$ coming from???
Can you imagine what GPRO would be trading at if we weren't down 300+ points?...Shorts are holding back and some may have even added positions, which could be very bad for them if good news comes out on Thursday.