Should be today or next Wednesday.
In addition, Blackrock reported stronger earnings again and for the first time since 2012 net outflows. The outflows were a result of money being moved out of index funds back to their active strategies (heart of Artisan's strategy).
Colson has argued for over a year that money moving from active to passive (V V) is cyclical and now we may be seeing a reversal.
BTW: I still like this stock for long-term growth. I exited yesterday with a 14% loss and will look to get back in late summer or early fall, if and when this stock is near the IPO price and Shanghai stabilizes.
Sold at 79.20. Had a stop-loss at 80.00 and blew right through it at the open. Good luck to everyone. Lost 14% but that can be made up elsewhere.
I wouldn't take advice from any of those guys on that show. The only people I respect on CNBC are the morning hosts minus Jim Cramer.
It is about the dominoes that could fall. If the EU gives more money to Greece, it will set a precedent for other struggling economies in Europe: Italy, Spain and Ireland to come back to Mario Draghi (ECB) with their hats in hand looking for a bailout, and that could really roil world markets.
I explained a little at the end of my statement. I think the sell off in BABA and BIDU were overblown due to worries over Greece. I believe this is will jump at the open to 81.75 and fall back to 81.19 at the close tomorrow.
I don't know...85 or 90 by the end of the week with all the uncertainty in China and Europe, seems like a flat week of trading at best.
Very few stocks will be up today, including BABA.
Who in the hell are 75% of the people that post here??? The chart is starting to look good??? Based on what??? Two #$%$ trading days?