UVXY more likely headed under 10 rather than see 15 to 17.
Then a reverse split.
I tend to agree with you on S&P 500 might surprise many and can take out 2150 old highs to 2200-2250. Lazo Brinyi in Barron's 5/23/16 report also mentioned higher S&P 500.
But sure taking a long time back and forth trading range. When it takes this long, one usually expect the spike to be down and stay down, not go up. The hedge funds expect a collapse such as Drunkenmiller and Soros these oldtimers might get spooked.
My average UPRO cost is 62.xx buying on the dips on 1100 shares. UPRO won't go up in a straight line, but if S&P 500 goes over 2200, UPRO can reach 75-80. Not bad. Downside if a repeat to S&P 500 1800 is lower 43.
Got out earlier at 65.xx with 3000 UPRO shares in April's near high, like you at 64. Still not sure if UPRO will stay over 60. FEDS in June 15 will tell or market discounted.
UWTI has tripled since its 11.70 lows and looks to go higher...how much higher? It has come down from over 300+. UCO is the cheaper trade but not 3X like UWTI.
Individual stocks are hit and miss. Retail took a beating and the rise back up might be slow.
Those who wait will be rewarded.
Betting with/against the hedge funds another story.
Not expecting a big jump in share price, more like a rise to 250, then near 290 by end of 2016.
according to an interview with a T R Price analysts on Barron's.
Only problem is waiting for the return in 3-5 years.
BG has come down from 90s since then due to many negative earning surprises.
Are there folks out there holding BG for this value stock - waiting for over 70 by end of 2016.
Down from 65.xx to 60.xx and might go lower because of FED's fear of raising interest rate 1/4% in June 2015.
Experts out there to give a prediction if a repeat of early January 2016 or worse, or S&P 500 to hold at 2000.
Just like 2015, still in a trading range until the big correction of 20% lower.
UVXY 100 by June of 2020?
Unlikely June of 2016 unless you got a Black Swan event.
Like many readers have noticed, even when markets fall by over 100, UVXY rise is in the pennies.
18.40 IMO. In another couple of days the rally in the S&P 500 to buy should exhaust itself.
S&P 500 having a hard time making 2100 the floor.
By the end of 2016 more than likely S&P 500 2100-2200 on the high side.
A repeat of S&P 500 to lower 1800 unlikely, even if Trump wins Presidency (lol).
IMO should go no lower than 7.50, but upside only up to 10 next 3 months to August 31, 2016.
All retail stores not doing good, just bottom fish.
How low do many believe BGFV will go?
This process is in the 2nd round...how many more rounds before only the last 2 standing for final outcome.
Will it be weeks or months...any date given, say by July 1, 2016 or no later than 12/31/16, for example.
The longer it takes, some event such as a 20% market reversal could lower the price paid.
Does MON want to be bought out...if yes, price of 100 is low.
If not, management has to say so, find another buyer, or get bigger by buying another company.
The ladder, it tried and failed in the past.
The hunter now becomes the hunted.
Then, at what price should I sell?
Hold forever as it goes below 100, one day goes 140-150?
The moral of the story: don't bet the house on a guaranteed deal.
Or, it is not over until the fat lady sings.
Go figure, cable mergers ok but not all brink retail stores.
In a couple of years we will find out the saga of XPO - whether it fizzles under 20 and all hype.
Or, XPO was really a sleeper can go over 30, then 40, to over 50.
In other words, all the mergers to get bigger was worth it, or the huge debt and poor economy just too much weight for it to survive.
High risk/low reward/high reward.
The other to watch is if the stock market can get out of this trading range, S&P 500 trades 2150-2200 and XPO doesn't follow higher, is a concern.
Transports tell a clue where economy is headed,.
Let's see if BJ holds a magic wand over XPO without accounting issues.
MUR goes xd 5/12/16 $0.35 and pay 6/1/16.
To verify you have to go the MUR website.
I was surprised MUR maintained, not cut or eliminate the dividend because of hard times like some other oil companies.
Didn't think MUR stock could go under 15, but how far higher can it go?
Many will be shocked if MUR goes back and trades over 40 this year.
Watch If MUR can trade range 25-35 for several months, then higher.
New Saudi prince in charge to make things happen or fail.
at under 18.50 and lower. Could go low 17.95 to 18.25 range.
But upside also limited to 19.00.
Market in tight trading range for singles, no home run either way up/down.
I'll be convinced when S&P 500 can go over 2100 again.
al-Naimi exits after 20 years.place your bets, markets figuring it out.
Does oil price go higher or lower - markets figuring it out.
Saudis want higher oil prices...how they go about it and succeed is another matter.
After Doha meeting, to everyone's surprise oil going higher - is there a logical explanation?
At this rate, sco headed to under 90, then 80 before 6/30/16.
Time to buy uco at 10-11 heading to 20.
BGFV nosedive has repeated before when earnings did not meet estimates.
Then, it will have a tight trading range for awhile and max upper limit of 12.
BGFV will trade 8.xx to 12 (yawn).