Strong job numbers will cause a 100 plus point DOW drop simply because investors will realize the FED (gravy train) low interest rates are coming to an end. Sooner then talking heads thought. Either stay away from Spy for a while or short it because its headed way lower. Possibly under $150 by end of year.
and that will cause the market to sell off big time. For once we get good news is bad news for the market as Yellen forced to raise rates December this year or January next year.
My irony is I bought a lot of Loco stock at $22 only to sell out at $31 a few days ago in pre market trading. For a second I thought I made the right move when it dropped to $29. Then the sucker turns around and takes off. I'd have to see it drop to the $20s to buy again but not sure that is going to happen since the company just issued more stock at a higher price.
going into August's stock market crash. You buy Uvxy and Tvix when world markets see Volatility right and left and that's what we have right now. And its only going to get worse.
Sure you can cash out but how will you feel if market sells off tomorrow knowing and then has a huge down swing next week. Personally I'd rather put in my stop just under $3 and watch Tvix climb next week over $10 a share. To each his own but August looks like a correction month to me and a very good month for those going long Tvix.
and with Volatility back in spades Uvxy and Tvix is where you want to place your money for the upcoming 20% correction. Its going to happen in August and it could be long and nasty.
Its correction time boys and girls and in a full blown correction you do not (I repeat - do not) want to be long stocks. Apple could easily dive under $70 a share or lower but I'm not here to criticize Apple. Volatility is now back in spades so Uvxy and Tvix are the bet you make going forward.
and then falls through the floor. Its not seem August will be the month to sell and go away. Or shall we say "run as fast as you can and go away".
I mean think about it. Fed give forward guidance and DIJA in the "RED". If ever there was a sign for pending correction - rising rates it today's market sell off. Though now huge, its still a strong barometer of what's to come on the "down side".
Volatility is back baby and TVIX heading for double digits (very soon)
You know this stock is "correction" proof and a buying opportunity. We hit $32.82 for a high today and I think we will come close to that at close. Certainly be over $31 as new investors flood in for the long haul.
Bought Friday at $21 and will hold for next three years and retire early. Its a no brainer since Americans love Mexican food, especially healthy Mexican food at very competitive prices.
Because anyone buying in today, will have a extremely nice reward (financially wise) come end of year, come 2015 and beyond. LOCO is a keeper.
and this is a conservative estimate.
Mark Cook, a veteran investor included in Jack Schwager’s best-selling book, “Stock Market Wizards,” and the winner of the 1992 U.S. Investing Championship with a 563% return, believes the U.S. market is in trouble.
China announced new military drills in the East China Sea, adding to exercises under way in other areas that may further disrupt domestic air travel and add to tensions with neighbors over territorial disputes in the region. I hope Malaysian Airline stays away from China Sea or its Deja Vu all over again. VXX hits $33 tomorrow and set sights for $40 by end of week.
China announced new military drills in the East China Sea, adding to exercises under way in other areas that may further disrupt domestic air travel and add to tensions with neighbors over territorial disputes in the region. Thinking Spy hits $195 tomorrow but could test Sub $190 come Friday. Market ready for a "Correction".
Russian artillery fired on Ukraine
Israel says - Hamas is history
Libya now if full fledged war from within
European Russian Sanctions coming
Company earning reports will miss
Only time will tell, but if you have ever had lunch or dinner at El Pollo Loco you know its a freakin $100 stock by early 2015. Chipotle better watch out because Loco has the menu, the management and the mojo to take over as the all time fast food chain in America.