Sure looks like a train wreck to me but maybe Europe needs to see the Greeks get in bed with Putin before them tell them leave for good. Europe as we know it is fragmenting in front of our very eyes.
so if you are listening then buy Dust and Jdst now, and watch it double going into Fed Minutes March 17th. Yellen primed to raise rates come June as gold sets new 52 week lows, week in, week out for the next year or two.
so remember to tell your grand children about the days gold hit $1800 an ounce. Those days are gone forever as the yellow precious metal heads back to $800 an ounce and lower. What goes up must come down, especially with the Fed coming to town in June.
Three, four years ago if the market (tanked like today) Tvix would be over $3 a share and climbing. Seriously. So what's changed other then a pending Fed Rate Hike which will send Market Volatility spiking, but might not juice Tvix like the old days. Is it broken or is it a Sham???
and its just starting. Either short GLD to make money or better yet go long Jdst and Dust to make a huge profit. Personally with the Fed now forced to raise rates in summer, Jdst and Dust is the place to place your money.
and will climb through the day as Yellen now waits until end of year to increase while China and India buy gold as fast as they can. Sure looks (near term) we could test $1300 an ounce by end of March - early April.
seem their delayed draft reform plan (on 3 sheets of paper - ha) was used to wrap up greasy Greek Pita sandwiches. Boy those Greek boys sure know how to stick in to Germany.
Per desertstarter "No one cares about Greece". Of course when Germany rejects Athens late bogus reform plan and the markets sells off 300 points - dumbo desertstarter will be no where to be found. Dust won't settle boy with the Greeks playing games with all of Europe.
Russia's debt downgraded to junk by Moody's and more sanctions coming in this week. If Obama arms Ukrainian army - Russ to heat for $30 and never look back.
Even the suggestion that Greek depositors could find that limits may suddenly be imposed on how much they can withdraw from their accounts risks increasing the pace of these deposit outflows. The ECB's swift denial of the discussions should also be seen as an effort to downplay that threat — but the damage, as they say, may already have been done.
Members of the ECB were growing nervous that the ELA extensions were effectively financing these people to withdraw their funds and creating a larger liability for the rest of the eurozone, they may have decided to act unilaterally to provoke Greece into instituting capital controls. It seems unlikely to be a coincidence that the "leak" comes a day after the latest #$%$3 billion increase in the limit on Greece's emergency funding and that it happens to come from a German newspaper with strong ties to the Bundesbank.
Feye now "best" cyber security play for 2015.
you can smell the oil correction coming a mile away now as huge oil inventory build for next several quarters, cold weather saps gasoline usage, oil refineries shut down and Russia, Saudi keep pumping oil to the Max.
Stocks like FireEye had immense revenue growth recently, which proved just how much CEOs are willing to spend to avoid being the next victim of a hack. The stock is a "strong buy".
Personally I don't care for Cramer but he sure seems to love FireEye along with two other cyber security protection company.
Just contact a friend/politician in Athens. He says Parliament vote is set for Friday and newly elected Prime Minister won't make a decision until Friday's vote is tallied. Seems market is held hostage for a few more days on which way she blows.
Earlier Mr Tsipras called for a vote to scrap its austerity programme on Friday, the same day as the eurozone deadline. He called for parliament to vote on social reform bills that go against the terms of the austerity programme. "We will not succumb to psychological blackmail," Mr Tsipras told parliament. "We are not in a hurry and we will not compromise."
An hour later - OK we sign, we sign, where is my pen?
Crazy stuff from a month old Prime Minister.
In the railway town of Debaltseve, Ukraine’s cease-fire lasted all of 40 minutes. Wow what a short lived Cease-Fire. Now we find out if Obama has a back-bone and sends military hardware to Ukraine so they can defend themselves.
Bad news still flooding financial markets (China new home prices drop at record pace) so surprised to see Tvix flat line. Let see what happens at market open but at some point this morning I think the market wakes up, smells the Greece disaster coming and sells off. Tvix still might touch $3 today - so lets be patient on the (tvix long side).