A huge move for oil could be on tap Monday afternoon, when an unusually high level of activity in September options contracts could set the stage for a vicious rally. Sure looks like Uwti shorts are about to lose fingers and toes and possibly much more come Monday market open. Oil Spike in three days - BOOM
and upgrades for Baba will follow. As Baba share prices rises it will pull Yahoo share price higher. Both are hot stocks today (on the upside) and the trend should continue going forward.
Yahoo! was upgraded by equities researchers at Vetr from a “buy” rating to a “strong-buy” rating in a note issued to investors on Wednesday. The brokerage currently has a $39.94 target price on the digital content provider’s stock. Vetr‘s target price points to a potential upside of 14.64% from the stock’s previous close, but expects stock to go higher as Baba share climb over next several months.
If you do that then you lose fingers and toes going forward. From here Alibaba moves higher on increased revenue, increased profits and most importantly increase market share in China and abroad. See you at $276 at close.
Sentiment: Strong Buy
Agree - way oversold since the company is just at the beginning of its long journey towards Chinese OnLine service dominance.
Never thought I could buy Baba at $73 a pop and I'm sure other (buyers) at this level also feel the same way. We're just a few dollars over the IPO price, yet the company going forward will dominate China growth in online product services, online banking, online (ebay - paypal) type service in China. Alibaba is no one trick pony and as the company starts firing on all cylinders later this year the stock will once again reach new 52 week highs and climb. Looking for $75 plus today and higher tomorrow.
Check that - close $74 and open $76 tomorrow morning. Baba way oversold as more and more Chinese consumers us Baba to Chinese goods today and tomorrow.
and we all know China Govt. prints phony numbers just like BABA sells counterfeit goods to Chinese citizens. Its a broken system that works on lies, deception and inside bribes to Chinese officials with power. And its getting far worse as we move forward. BABA sell off going into Sept. Stock Lock up expiration and then Dive Bombs.
after reading this one would think Volatility is coming back in spades for Europe while China manufacturing fall off into the China Sea.
Market players in Greece and elsewhere are expecting stocks to fall sharply when the market opens at 0730 GMT (3:30 a.m. EDT). Ilya Feygin, managing director at WallachBeth Capital, estimated late last week that losses could be in the region of 19 to 22 percent. Takis Zamanis, chief trader at Beta Securities, agreed and went further, suggesting no single share would gain on the day.
So that's the good news. The bad news is when Puerto Rico default in 12 hours the Dow will be down 200 points and picking up speed in a full fledged decent. Spy longs are "History".
Its called the Puerto Rico effect and if will give the Bull the runs for several weeks, if not well into September and October. Throw in a little Greece and China spice and the Bull might just lose 200, 300 pounds in a matter of days or shall we say "Major Montezuma's revenge" well into and past the upcoming Fed Rate Hike.
Maybe Obama should of traded Puerto Rico for Greece with Wolfgang S. At least we wouldn't see 2 million Greek's flooding the U.S. if Uncle Sam took over Athens. Instead we now have 2 million Puerto Rico Puerto Rican's entering the U.S. asking for free handouts and a ticket to DisneyWorld. Bottom line U.S. economy takes a blow as Puerto Rico sinks below ocean level with massive DEBT.
Its not a question of Puerto Rico debt impacting U.S. corporations. Its the word "DEFAULT" hitting the presses over the weekend and into next week. World stock markets don't like that word. Your assumption is also way off base since little Greece roils world markets every time it come close to DEFAULT, and as we all know Greece has little correlation with U.S. corporations. Keep thinking the U.S. is isolated and you will get caught on the wrong end of the stick. Especially if China goes down the drain and takes everyone else with them.
and now the only question is does the Market sell off through the week as bad news mounts in front of a pending Fed Sept. Rate Hike. Look Out BELOW
and come Monday it will no longer be a bull but more like weak and sickly steer.
Huge August miss and then Massive September sell off as 1.3 billion dollar lock up period expires. BaBa come end of September could be trading $50 or lower as investors run (not walk) from this sinking ship.
Agree - buy low and sell high. Tesla is a "Sell" on the fact that projected earnings for the company will be extremely hard to meet and if Tesla makes a misstep a long the way stockholders will lose fingers and toes.
leave the Euro immediately. Seem German citizens have had it up to here with lending Greek's free money, they will never see again. Question now is when does Greece exit or Merkel get over thrown? Since both are going down a one way street that leads to a very steep cliff.
Asked about a German media report that creditors were willing to loosen austerity requirements, a finance ministry spokeswoman said: "This has to be an ambitious ESM program because of the financial needs of the Greek government."