I believe you may be right. Almost every analyst I following thinks it will be disasterous to stop QE, yet the alternative is even worse down the road. The old "Rock in a Hard Place".
Check out CS as an analyst. There is a few stocks I have which are strong buys by 4 other analysts and CS has it a sell. To me this is a trend I am seeing. This company in my opinion has more then questionable integrity issues. Good luck everyone.
VIX should be well over 20 with whats going on in Ukraine and Syria. Everyone is so used to the almost free flow of money to invest anyway they want. If the banks fail they will just throw it back on the Government via FDIC. They could care less. Stopping QE will benefit shorts more then anything shy of WW3.
What your source? Or are you just hopeful. Its hard to not buy the mining stocks at these prices, yet they are still going down even with positive earning.
Its extremely un-nerving that the PM market is down with the obvious inflation issues we have. Everyone knows the CPI is questionable, but we know every time we fill up and go to the grocery store that prices are firmly above the levels stated.
This market just doesn't tolerate 30x plus earnings unless a stock is growing at a outperform pace and DDD clearly shows that growth in 3D has slowed a bit. Its obvious that it will probably breach the $54 it hit a month ago, especially if it gets any downgrades.
Downgrade coming. If Jefferies downgrades DDD no telling how low it can go. Earning was just not that great and the market is scared anyhow for some of the momentum stocks like DDD. Especially ones trading above 30x earnings.
They have excuses for everything, ecept for why they are not appreciating. We have been in a bull PM market for years and these companies are still not creating profits at Gold over 1300 for years now. Its pathetic!!! Actually its scandalous!!!
Oh..I am not worried, I am buying more...Oversold!!! Great price to get in here New price target is 85...Blah...Blah...Blah!!!.....All this while the stock continues to break resistance levels while going down down down!!!