How can you correct with 84 billion a month going into the market. That's why we will never have a correction. When it starts to correct, they stop it with QE. .
These are the 3 in particular that Jim Cramer was talking about...3 Buy-Rated Dividend Stocks Taking The Lead: MTR, LOAN, GBDC. See complete article for LOAN on yahoo finance.
I believe the only reason why we haven't lost our reserve status yet is because they haven't figured out an impact sequence globally that will work. It appears that China, Russia, Brazil, and others are working on lessening the impact to all countries using the US dollar as they implement a conversion currency. I believe there are 3 options. One World currency, YUAN, or a reset of all currencies. The reset is what they talked about at Davos. World Bank whisleblowers have also talked about a global currency reset. The reset would create an even worse global recession, and countries with a huge amount of debt like the US a "Massive Depression". Countries with the least debt would fair the best. I like the Norwegian Krone and Russian Ruble. Now the Ruble is 33 to 1 US dollar, but the reset would actually improve the Russian economy.
There is no bad news when 84 billion a month can be printed. There biggest worry is running out of ink!!! Unfortunately they have people fooled that things are getting better, when all it is almost 0 interest rates and 84 billion a month. We have almost 5 trillion out there that will crater this economy when the ink well runs dry, or China says...NO MORE PRINTING!!! NO MORE US DOLLAR...It all depends on how long they let us do it!!!
The only true volatility is internal. Raise rates or cut back on the 84 billion a month is the only things that will turn the tide for TVIX. These other minor turns are just to bring the suckers in. You know new money. The only War that will turn it around for TVIX will be a World War.
People have blinders on because we are told the market is ok. Set your alarm clock...Its a coming and its going to make 2008-2009 look like a cake walk.
Its amazing Cramer still has a show. It should show people how corrupt this market really is. Why would a stock trading under 5X earnings drop 20% by missing on revenue? We are in a down turning market and gaming will be one of the first to get hit. They knew all this. They have plenty of cash and games on the drawing board, so getting hit another 20%, after already being down 10% is ridiculous. This kind of stuff never happen prior to the 2008-2009 downturn.
Did you even read the report? KING is no NIHD and they are not a one trick pony. NIHD is a sub-dollar penny stock that was part of a pump and dump. Did you realize that most of the day they were already negative on KING, so this time the worst will be after hours. Gaming will get hit hard anyhow in a turning market. We will probably have a major correction in September. Good thing is that KING will be where it should be anyhow until it proves itself as a company that's not a one trick pony!!!
What's nonsense is still being long in a stock at a 34PE, with lower guidance, and 84 billion a month QE that is the only thing propping up this market. China will make a move before the bottom drops out...