Notice Jack Ma's head size gets larger with every block of hundred of thousands of Alibaba shares he sells on open market. Come mid-September Jack's head might explode since he will move vast quantities (millions of personal shares) into other losing investments. Jack knows Alibaba could sink this year if China economy continues for free fall and insiders dump stock as fast as they can.
since I can sell my stock options at anytime and make billions while you peons are so far underwater you will never see the light of day. Ahh two billion dollars for Jack and his Baba executives while 99% of the company employees are over worked, under paid and now have valueless stock options. SO SAD
and you might see Baba over $70 a share come Friday. The fed is going to hold off any rate hike and China economy will slowly improve. But Baba shares could jump higher once we get past stock lock expiration in two weeks. Not talking over $100 a share but certainly over $80 seems realistic.
Well he didn't say September, but if you read the lines that what he means. Fed can't wait to raise Rates and next week job numbers will Force the Fed to Move. Oh Mother of God the DOW is going to get hit hard next Month.
and ready to be served over smoke bull and dove dropping in two weeks. Yummy
for September. Market gets scared when Fed say "economy improving" and you know for months Fisher says everything was "Data Dependent". Now he is saying the "Data Looks good so Green Light A Sept. Rate Hike. Heck - Market won't like that news next week.
Yes and No. Cramer always speaks tongue and cheek. When he talks about one stock, many times he means the whole market. Dow closes in Red - down 150 and who wants to go long into Monday with a good size sell off today.
simply because the Chinese government wants all online related purchases to go through "BIG" Chinese banks and not Alibaba. Google it and you will realize that Jack Ma has spent a fortune buying online payment systems/companies only to see Chinese government restrict Alibaba usage of such payment systems. Corrupt Chinese has limited the amount of transfer money that can take place through Alibaba and in do so they will kill the goose that laid the gold egg. Baba will show huge losses going forward since Jack Ma was just told (in no uncertain words) to shut down his online banking services or China government will do it for him. Talk about BIG BROTHER hitting Baba HARD.
Well you make a ton more money going long EDZ then shorting EEM. I can't figure out why EEM does so much volume when the price doesn't move up or down that much day to day or week to week. Huge volume for something that barely moves. Short emerging markets and go long gold and you should do very, very well over next few months if not longer.
You don't go long Oil anything for two (Big) reasons.
Iran (bogus deal) will be approved since Congress cannot override Obama's veto. Number 2 after after Labor day U.S. consumption of oil/gasoline drops big time. So why go long oil when you know its heading lower short term and long term????????
Man you have North/South Korea close to the edge. Egypt is now the new Middle East powder keg. China stock market could dive bomb after huge U.S. market sell off on Friday. Oil going lower while Russian troops buildup inside Ukraine.
I'm thinking Gold explodes higher this coming week as the Fed backs into its dove corner and hides from China/Emerging Market meltdown. As in No Fed rate hike in September. As far as U.S. market goes (we will follow the trend from Asia and Europe) though many think the U.S. market set the tone for the week. Not this time since all eye on China, N/S Korea and fallout in emerging markets.
Hard to play Uvxy when it swing boy ways (2 - 3 dollars) but I think come end of week Uvxy could be over $80 a share. Of course its not going to happen in a straight line which makes it almost impossible to time with big gaps up and down. In any case the solid play going forward might be going long GOLD since the Fed will sit on hands possibly into and past December this year.
if war breaks out between North and South Korea. BOOM
Totally Agree - there will be panic selling next month when 1.6 billion shares of Alibaba hit the market. You will see huge swings down just before, during and after release of stocks. We're not talking a dollar or two down. Nope more like $5 to $10 drops with as large Stock holders scream "SELL NOW" before the floor falls out. If you think oil has dropped over the last few months, just wait for what BaBa does next month. It actually might make oil look attractive in comparison to the assault Alibaba stock will take.
because deep, deep down the market knows the Fed won't raise rates in September. Too many doves on Fed board and queen dove - Yellen can't handle stress or the thought ending the print money game. Nope the Fed chickens out again and kick the can down the road come September. And when markets realize that they will go higher since the Fed is addicted to zero rate hikes for months to come.
and when it happens in 20 days the Market Corrects 20%.
It’s coming: Most Federal Reserve officials thought economic conditions needed for an interest-rate hike were “approaching,” according to minutes from the July meeting released Wednesday that suggested that a September move is now likely.