So the old stand by - "keep printing money and hold off rates hikes" will have no impact on falling world markets. When markets "correct" the Fed is Useless.
Sound advice Spectrum. Of course some "bulls" like buckstr75 will hold their losing long position and watch their profits go up in smoke. Bulls never see the train wreck coming until the locomotive head-lite is right on their face.
Of course it will be a little easier for Tvix to double since it only has to reach $5 or so to put a smile on your face.
Spy now in perfect position to double in 24 hours - with Ukraine Cease-fire broken and Greece out of Europe by end of month. Never seen this much upcoming volatility less then 24 hours before U.S. stock market opens.
So we now have the perfect storm - Greece Default and end of month and all out War in Ukraine that will last for months if not years. Now the only question is does the massive sell off tomorrow trigger "programmed stops" to slow the carnage?
Seems Merkel doesn't want to send badly needed arms to Ukraine army, but she sure wants U.S. fire power in the sky for protection of Germany. Talk about a double standard.
The US Air Force dispatched a dozen A-10 Thunderbolt II attack jets and about 300 airmen to Germany as part of a military exercise, which is expected to involve NATO allies in Eastern Europe amid simmering tensions over Ukraine.
Today Germany will put the final nail in the coffin for Greece's hopes of a debt deal with its fellow euro zone countries and the "troika" of the European Commission, European Central Bank (ECB) and international Monetary Fund. Schaeuble said reforms were unavoidable in Greece and that the government had to cooperate with the troika. "We agreed that the haircut is not on the agenda, it's off the table," Scheuble added. "Everybody in Europe can be rest assured that Germany will do everything in its power to ensure that Greece pays its massive debit down to the last Euro.."
He also said he was "skeptical" about some of Greece's proposals. Never trust a "sheep in wolf's clothing".
Oil prices have surged more than 10 percent in recent days, but most experts expect oil to retrace its lows and keep falling until the second half of the year, at the earliest. In plain English - Its a declining commodity that will be under $40 a share by the end of the month
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.