Whoa - now we're talking some serious Volatility just weeks away. And remember "Mother Market" is always forward looking, so get ready for a Big Market Swing DOWN.
Mr Wilders says that if Brexit happens, he will “immediately” propose a referendum on Dutch exit from the EU.
Sitting in front of a portrait of Winston Churchill, Britain’s wartime leader, in his office, he told the FT: “When after Brexit it turns out that the lights don’t go out and war doesn’t come, that could be an enormous stimulus not just for the Netherlands but for several countries to think of leaving.”
as Yellen is locked into a June rate hike in less then three weeks. Watch out Gold bugs because it Slam Down Time.
Market goes Red at 10 am knowing that Yellen in a few hours will mention "improving U.S. economy and the Fed's desire to act now (with rate hike) versus later. Yellen has pushed her luck holding off rate hikes. She now longer has that option as June approaches with over half the Fed board asking for a Rate Hike.
Bank stocks are saying it's more likely that Federal Reserve officials will decide to increase interest rates in a few weeks. It's making some Fed-watchers think the market is finally ready to see rates rise again. Between reassuring data including retail figures and home sales, economists and analysts are yet again revising predictions about what the Federal Open Market Committee will do, and when. "It's making markets think the Fed can go sooner," Deutsche Bank chief U.S. economist Joe LaVorgna said. "The likelihood of more than one move has increased."
Always smart to put lipstick on a pig before she goes "Oink Oink" Rate Hike Coming.
as broken emerging countries dump gold on world markets just as Yellen gets ready to Jack rates higher in JUNE. You got to be plumb crazy going long Gold or Nugt here since everyone knows Gold is set for a HUGE CORRECTION.
as the FBI get closer and closer to throwing the whole Bunch in a dark cold Jail Cell.
Hillary Clinton's former chief of staff, Cheryl Mills, is asking a federal judge to order a conservative group not to release audio or video recordings of a deposition Mills is scheduled to give Friday about Clinton's use of a private email server during her tenure as secretary of state.
since you gone in nine months I'm raising rates next month. Rather act now while I still have a job versus being unemployed when Trump takes office. Obama to Yellen - "Make sure you sign up for Obamacare before Trump gives you the boot". It might make you hard landing a little softer.
as Yellen sharpens her "rate hike pencil". Less then a month now from a Rate Hike that was all but written off two, three weeks ago. Can market handle that? Can (long) investors handle that? The simple answer is NO. Market down tomorrow knowing the Fed is going to "SHOCK THE BULL" right between the legs.
so now is the time to "short" Spy since the market is unprepared for a June rate hike as Volatility starts to spike going into the June (stock market) swoon. Fed will act for no other reason then to justify their very own existence. And we all know when 70%, 80% of the Fed board members start yelling for a "June" rate hike Yellen with her new hark ears will listen and then follow through.
cause the Fed is coming to town next month and Gold won't like that one bit. GLD could easily drop below $105 a share (possibly lower) if Fed moves to raise rates in 30 days or less. YIKES
It obvious the Fed is now sending strong signals that it wants to raise rates in June. This is not a "bluff or a threat". Its now very, very likely the Fed will move in June to rise rates since the Fed knows its better to act now then to hesitate. The market did not see this coming and Gold could Dive Bomb if we get a few more Fed members suggesting a rate hike in 30 days or less. Nugt for the next 30 to 60 days is "Dead Gold Walking" since the the Fed now is serious about jacking rates in the very, very near future.
you are being too conservative. Keep an eye on the $1,300 ounce level. If we break thorough and hold over that number - Gold is off to the RACES.
since everyone knows when Disney misses the economy is really in Big Trouble.
GLD - downside from here pennies but upside HUGE. And as we know the Fed and its majority of Doves will never raise rates this year with world wide Recession "flashing lights' blinking every where. Best investment for 2016 is Long Gold (and possibly for 2017) Also.
and it gets better -
Gold for immediate delivery rallied 16 percent in the first three months of the year, the biggest quarterly surge since 1986, as the Federal Reserve refrained from tightening and central banks in Europe and Japan pressed on with negative interest rates. Druckenmiller, the billionaire investor with one of the best long-term records in money management, said last week gold is his largest currency allocation and the bull market in stocks was exhausted.
Billionaire hedge fund manager Paul Singer said that gold’s best quarter in 30 years is probably just the beginning of a rebound as global investors -- including Stan Druckenmiller -- weigh the ramifications of unprecedented monetary easing on inflation. “It makes a great deal of sense to own gold. Other investors may be finally starting to agree,” Singer wrote in an April 28 letter to clients. “Investors have increasingly started processing the fact that the world’s central bankers are completely focused on debasing their currencies.”
Hey - how about all time? And as we get closer to the general election Volatility will spike day in day out as everyone knows Donald or Hillary will be a Complete "F" Train wreck.
Who says Volatility has disappeared? Oh and I could of thrown in Brazil default/civil unrest, China implosion, and Donald writing Nuclear launch codes on his hand with a black magic marker.
Stock market heading for cliff but the "bull" forgot to pack a parachute.