So go long BIS or short the hell out if IBB. Biotech is one fat bloated pig about to be cut in half due to oncoming market correction in Biotech stocks.
Biotech is ripe for a major correction - which Yellen warned about nine months ago. Never fight the Fed as we start hitting new 52 week lows weekly for months on end.
Sure looks like you could be right - youbgone. $342 now and trend is down. Not sure after today if anyone will want to go long IBB since its in nose bleed levels and set for a massive sell off if investors cash out.
and oil might just spike if Iran says "We Will Have our Nukes and Ice Cream Too by Summer" Watch for USO to jump higher as Iran comes out this week and says "Hell No To Any Nike Deal" as oil spikes on continued restrictions of limited Iranian oil production. In other works - Iran going forward can do squat to increase oil sales - which pushes the price of oil up, up and away.
With both happening any day now. Iran playing games with Obama while they try to take over a third of the Middle East. Greece playing games with the Euro/Germany while they plan their Greek exit - paying back Europe NOTHING. Uvxy over $17 tomorrow - maybe higher.
Good move - Znga in the news again as Stock goes higher. And when we get a release date for DOT stock jumps 30% in the flash of an eye - if not more.
Sure looks like we have bottom here and building a nice solid base to climb over $5 a share when Dawn of the Titans is released.
Zynga said that Dawn of Titans is set in a graphically beautiful world where players command armies of Titans. You will be able to train Titans and lead an alliance to victory. This sounds like a PC game, but Zynga said that the NaturalMotion team is leveraging proprietary mobile technology to deliver it this year on mobile devices.
Greece gives Germany the finger again? Russia army moves closer to Baltic States? Iran Nuke deal falls through? Or Yellen grows horns and become a hawk in April?
and we know at least half will be "Home Runs" and the other three solid triples
but if DOT is a hit its jumps to $5 and doesn't look back.
either at market close or certainly come Monday. Then when Iran walks from nuke talks next week, UWTI test $5 and climbs. Buy low - sell high guys.
Then next week we can cancel Nuke talks again when my dog does to be followed the week after to cancel because my hamster died. Its the Iranian way - keep stalling and stalling and stalling but behind the scenes keep building Nukes to take out Israel and U.S. and Europe.
Dawn of Titans will be soft-launched soon, with a global release to follow later in the summer. If it catches on, given the huge money being made by mobile games like Clash of Clans and Game of War, it could make that £317m acquisition look like a bargain.
I figure around July Zynga will be trading over $4 a share on anticipation of Dawn of Titans being a "Block Buster".
Merkel and Obama want to hold off taking any action to confront Russia, but only after Russian soldiers (in little green uniforms) and Ukraine rebels get half of Ukraine and then set sights on Baltics. At the rate Merkel and Obama are going Putin will have Poland in his hip pocket by August as world leaders sit on their hands. Useless politicians.
Separatist leaders in eastern Ukraine threatened Wednesday to abandon a cease-fire following changes to a law granting their regions self-rule. Gee and I thought Putin was just spending time with his "love child"?
and that sound you hear is Merkel screaming - "We just lost 300 billion Euros to those Crazy Greeks and will never see a dime back". And you thought Merkel was forward thinking. HA
The current money-go-round is unsustainable. Euro-region taxpayers fund their governments, which in turn bankroll the European Central Bank. Cash from the ECB's Emergency Liquidity Scheme flows to the Greek banks; they buy treasury bills from their government, which uses the proceeds to … repay its International Monetary Fund debts! No wonder a recent poll by German broadcaster ZDF shows 62 percent of Germans say they want Greece out of the euro, up from 41 percent last month.