Futures called higher right now. Actually wish they were blood red. We need a "whoosh" lower open to give us a shot at a short term bottom.
4-5% spike in all months volatility futures right around 4:15 close. Might get our "whooosh" in the AM? Maybe Apple sub 90 at the open??
In order to get on the American index, did they need to delist from the TASE?? Was that why they did it?
Gold up 5% now. I'm long some Jnug call spreads so should make money. That said, I am interested to see how the miners behave with gold up 5% while the market is down 5%. I'm guessing will hold back the miners a bit. We shall see.
Analyst cut was out long before the drop. Wsj headline did he trick. Just like a few weeks ago when they put out the bogus headline on Yhoo core only being bid for 2-3 billion with no context on real estate and patents not included.
Lol. Idiots in pre market....
Not true. As a holding co the shares then can only be looked at as an acquisition target. A target most likely of their Asian asset owners. The tax overhand goes away and is replaced by the discount required to make their Asian parents bite. Similar to what SoftBank needed to do in order to monetize a large chuck of their baba srake.
I'm drinking my own kool aid and bought 400 baba at 79.66. After the dust settles and people realize this is baba being bullish on baba, the PPS will run tomorrow. I usually only trade options or futures but feel strongly about this so nibbling in the AH.