But come Monday its going to look a lot worse for Frazier then today.
Forget GLD and buy BABA while still cheap. Chinese Government admits they messed up by picking on Alibaba and now wants to be friends with the giant company. In a separate statement, the SAIC appeared to play down a white paper that it posted on its site on Wednesday accusing the company of allowing fakes to be sold on its platforms and alleging that Alibaba employees took bribes from merchants in exchange for better placement there. SAIC said the statement was an account of a July conversation between SAIC and Alibaba officials and not a formal white paper.
Seems Chinese Government now has egg on their face and back peddling as fast as they can.
Alibaba Group Holding Ltd. claimed vindication on Friday in a dispute with a Chinese government agency over alleged sales of fakes and other misdeeds on its sales platforms, after agency officials said the two sides would work together to stamp out counterfeit goods. In a separate statement, the SAIC appeared to play down a white paper that it posted on its site on Wednesday accusing the company of allowing fakes to be sold on its platforms and alleging that Alibaba employees took bribes from merchants in exchange for better placement there. SAIC said the statement was an account of a July conversation between SAIC and Alibaba officials and not a formal white paper.
Its official now. We're now in Bear trading mode for months if not longer. Fed has to raise rates while rest of world goes up in Smoke. Its called "The Perfect Correction" and its coming sooner then you realize.
Breaking News: Greeks burning German Flag and drawing pictures of Putin on Subway tunnels. Sure seems like Greece is headed for a massive train wreck at the expense of all of Europe.
Greece’s government risks isolation in the European Union by threatening to break ranks on sanctions against Russia and ditch its bailout deal, German Chancellor Angela Merkel’s minister for European affairs said. The warnings reflect Merkel’s tactic of waiting Tsipras out as he mounts a full-court challenge to German-led austerity in his first week in office. It also shows her refusal to engage in a public shouting match over his demands as he portrays her as the main source of Greece’s woes. Insisting that Tsipras has to deliver on reforms unites Merkel’s Christian Democrats and Roth’s Social Democrats, her junior coalition partner.
Starting with Greece, then Ukraine, then Portugal, then Russia, then Spain, then Ireland, then Italy, and it goes on and on and on. And of course China Bubble set to pop any moment, which will kill the "Bull" for good.
Industry Veteran Josh Chernoff Joins Box to Lead Retail.
Today, the newly public company has tapped a retail veteran to run that business. Josh Chernoff, who led the Americas retail practice at Bain & Company, will be named managing director of the group. In addition to retail, he’ll also run Box’s business catering to consumer goods and hospitality companies.
Retailers are taking Box in some interesting directions, he says. “Some companies use it to collaborate behind the scenes between different locations, some use it on mobile devices to take special orders of products that aren’t in the store,” he said. “Usually, when a store would try to do things [themselves], the tools they’d use would be home-grown and kind of stitched together.”
I'll take $19.50 today and hurdle $20 tomorrow. Today was a head fake - market climbing now and Box will soon be back over its one week high. All Aboard.
Juan Carlos Lopez-Vives, chief executive of Telefonica Business Solutions, said: "Organisations worldwide have to tackle increasingly sophisticated adversaries, advanced threats and a rapidly expanding set of attack vectors. "By partnering with FireEye, we will jointly provide improved visibility into some of the most advanced attacks, increasing our customer's cyber resilience and protecting them from potentially serious damage."
Closer we get to earnings call this stock will rise. Everyone knows its undervalued and some what unloved. But when Feye CEO comes out with strong guidance we leave the $30's behind and set our sights on $50's.
Buy Box and Shak at open tomorrow and retire early. Not a bad combo if I say so myself.
and Greece is off the chart.
Look for panic selling kicking in now that Greece wants to call the shots. You know Portugal, Spain, Ireland and Italy are all watching Greece, knowing they will use the same strategy to either blackmail Germany or go their own way. Its going to be a very ugly winter, spring and summer in Europe this year.
Greece right now planning exit strategy while Germany planning billions in lost Euros. Greece leaves Euro with billions in debt they will never pay back and how get caught holding the "BAG". You got it - Germany.
But the German's are smart and they won't play that money losing game with Portugal, Spain and Italy, Nope - they take a haircut now but going forward they won't lend a dime to any other (broke) European country.