True - looking backward. Going forward not necessarily so. Downside pennies from here but upside huge if September - October correction kicks in. Anyone shorting Tvix over next two months might not only lose a lot of money of also several fingers and toes.
simply because the market is set for a major correction over the next 15 to 30 days - the likes we have never seen in our lives. Now the question is do you get in before we close over $30 a share this week or wait and buy in at a higher price???
Amid signs of sharpening fighting in Ukraine's east, Kiev said Moscow sent a column of tanks and armored vehicles into its territory near the site of a rebel offensive. Ukraine's military said it attacked the column and blocked its advance, but Ukraine President Petro Poroshenko expressed "extreme concern" about the armored column and Russia's plans for a new convoy in a phone conversation with European Council President Herman Van Rompuy, his office said.
Dow now up 67 pts. If it drops say 30 pts, Tvix will be up over $2.70. Tvix sure looks like a tight spring coil to me, ready to jump.
Sony's PlayStation Network was back online on Monday following a cyber attack that took it down over the weekend, which coincided with a bomb scare on a commercial flight carrying a top Sony executive in the United States. Sony said on its PlayStation blog that its PlayStation network had been taken down by a denial of service-style attack, which overwhelmed the system with traffic, but did not intrude onto the network or access any of its 53 million users' information.
Looks like FireEye will shortly have a new customer who wants its cyber security protection badly.
Seeking Alpha - FireEye's growth will continue to outpace the industry due to several key advantages and industry trends. Additionally, the equity's recent decline offers investors a reasonable price point into this rapidly growing company. Move up past Friday will continue Monday as new investors buy in, knowing management is now moving company in right direction,
Now, Fed officials are debating when to raise interest rates, a move that would further diminish the case for owning gold. Gold produces no income and struggles to compete with interest-bearing investments such as Treasury bonds and bank deposits, whose yields will rise once market interest rates turn up. At the same time, signs that crises in Ukraine and the Middle East are having a limited impact on global growth also have reduced demand for gold as a haven. Most investors expect a rate increase in early to mid-2015 at the earliest. However, some Fed officials argued for accelerating that timetable during their July policy meeting, according to minutes released Wednesday.
Sure looks like GLD is going to South today and the only question is will it be a big dump or a medium dump? I say we hit $118 a share but touch $113 on Monday. When there is no floor protection gold it will fall forever.
and oh the market won't take that well. Sure Yellen will try to spin things but it won't work. Not when half the Fed board is telling her to raise rates end of the year or early 2015. Yellen can't play down the improvement of U.S. economy and she certainly can't say things are worse today then they were a year ago. Oh, just the whiff of a rumored rate hike in Yellen's speech and the market goes South big time. And should Yellen chicken out and say nothing about future interest rate hike, the market will still know it coming. And coming on the back of September and October - two months usually not good for stock market longs.
become "Rate Hike Yellen" feared across the fruited land.
Now wouldn't that news push little TVIX over $10 a share. But of course its a dream.
since even the tinniest hint of a rate increase by the Fed Chairwomen and Gold will nose dive. Best to lock in your Short gold position now since Dust could easily hit $23 plus tomorrow and keep climbing well into 2015.
could Dust see $20 a share today. Very possible. Who wants to hold gold when its set for a "Major Correction" with upcoming Fed move to raise rates? Better sell now GLD longs or watch your profits evaporate, or more likely losses substantially increase.
Guys - Please face the music. Gold's glory days are now behind it. The Dollar is getting stronger, the U.S. economy is improving and gold is now set up for a 30% to 50% haircut. We're talking major correction as gold investors dump their gold holdings and invest else where. You sure don't want to be long GLD when the Fed announces rate increases. (as in multiple) Say good buy to $120 range for GLD and Hello sub $100 range.
Looks like Hamas will be history in another week which will be another nail in gold's coffin. Isis could also be on the run after U.S. drone strikes. Gold set to free fall in front of Fed tightening and world tensions retreating.
Pre market high $15.93. Should take that out between 9 am and 9:30 am. Question is do we top out today over $19 or $20?
Still time to buy on the cheap before this oversold stock pops. Earnings going forward will beat as new investors buy in as we head back to old 52 high.
In either case FireEye is an easy double by end of Summer and possible a triple banger early next year?
Putin about to slaughter bulls with his power move into Ukraine over Weekend. Hey - the Ukraine govt. wouldn't let his nice white convoy trucks into Ukraine. Putin now send 50,000 troops into Ukraine instead of dried cereal and vodka.
Seriously, it appears Loco management might just be able to show shareholders the best of both worlds. No debt due to positive IPO opening and follow up stock offering and unlimited expansion potential since the company is pretty much Southern California based. Thinking by Friday next week we are close to $50 a share or over that number and heading higher.