Do you guys feel a change in the wind? So we now have "sell in May and go away" on top the Fed warning it could raise rates at any future meeting. Sure seems like Uvxy is the place to be now.
Iranian Ships Turn Back From Yemen After Standoff - seeks revenge on U.S., Saudi and Israel. Middle East now out of control and you know Putin will get involved (with Russian rockets to Iran) so he can push oil back up into the $70's, maybe 80's a barrel.
Greece's Finance Minister Yanis Varoufakis said in an interview broadcast on Sunday that if Greece were to leave the euro zone, there would be an inevitable contagion effect.
"Anyone who toys with the idea of cutting off bits of the euro zone hoping the rest will survive is playing with fire," he told La Sexta, a Spanish TV channel, in an interview recorded 10 days ago. "Some claim that the rest of Europe has been ring-fenced from Greece and that the ECB has tools at its disposal to amputate Greece, if need be, cauterize the wound and allow the rest of euro zone to carry on." "I very much doubt that that is the case. Not just because of Greece but for any part of the union," he said, speaking in English.
"Once the idea enters peoples' minds that monetary union is not forever, speculation begins ... who's next? That question is the solvent of any monetary union. Sooner or later it's going to start raising interest rates, political tensions, capital flight."
Watch futures go Lobster Red when Europe Market opens tomorrow knowing Greece just drew the "RED LINE" to Grexit.
Agreed. Greece leaving the Euro is Huge and will send the Euro crashing along with world markets. Once Greece leaves then who next? Portugal? Spain? Italy" Ireland. The list goes on and on and on and on.
Greece default news will push us to $15 next Friday. And then when it becomes "official" Uvxy doubles in the flash or an eye. Watch this puppy rise as we get volatility across the board (overseas) for the next several weeks on end.
since its been years since we hand one. Can anyone on the board restore my faded memory and tell me if such a thing exists anymore and if it does will it ever happen again in my lifetime? 280 point market drop and Spy still high in the clouds at $208. Seems we now live in a trading world where only a 1000 point Dow drop (in a day) might bring Spy to its knees or maybe push it under $200 a share. And of course if that ever happened Yellen would probably come out the next day and state "Q.E. is Back". What a rigged market this is - year after year.
Sure seems like a decade, but more like five years of down, down, down. Let's see what Monday brings but I can probably find better odds in Las Vegas playing the market down, then playing this crooked ETF - which still doesn't correlate Volatility to a 280 point Dow sell off.
Its called a "three banger" so get on board and buy UCO, and UWTI. Both set to double.
Its called a "Three Banger" so go long UCO and UWTI before they double and triple respectively.
since Russian economy is in a free fall and Russ will soon rocket higher as oil continues to drop, Ukraine unravels and Putin ignores cratering economy as he attempts to take over 1/3 or Europe. Ruble will continue to weaken as Russian default looks very likely later this year.
Sure looks that way. Not only did Greece submit a "late and ill prepared list of bogus reforms" they also threatened to leave the Euro unless it was accepted immediately. Its going to get ugly next week as Germany says "Get the Hell Out of Here" and Greece says "Be glad to and we won't pay back a dime".
Greece's government refuses substantial cuts wages and pensions as part of a reform package aimed to unlock a fresh round of bailout funds. international economic affairs minister, Euclid Tsakalotos said the country is quite willing to leave the Euro if current Greece reforms are not approved.
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?