He actually said "guarantee"? A guarantee typically means the guarantor will give you something if it doesn't work out. Did he?
Other high-beta names like GMCR and TSLA are down, too. I think traders are getting a bit more cautious about the market possibly hitting a top. Anyway, if there is questionable bad news coming out, I'm a buyer at 61.
The FDA has far to few people to investigate every inquiry a private citizen writes to them about.
The stock market bulls have had the upper hand on the bears for nearly five years, and they may be just getting started.
Stovall thinks there's a "good chance" the current bull market will defy history and make it to its sixth birthday. That's partly because stock valuations are still reasonable, he says. The S&P 500 is trading at 16 times 2014 earnings estimates. That's not cheap. But it's not overly expensive either.
Assuming the economy continues to grow and corporate earnings increase as expected this year, Stovall believes the bull market can last another year. He's not alone.
A survey of 30 market strategists by CNNMoney in January found that most are expecting the S&P 500 to end at 1,960, up about 6% for the year.
Jeffrey Kleintop, chief market strategist at LPL Financial, sees no signs the rally will end soon either. "In fact," he said, "the bull market may be getting a second wind."
Market is going to tread water until NFP, or until something happens in Ukraine. I'm not sure any NFP report can cause a 30-handle jump, given that good employment news would be counterbalanced by the prospect of reduced QE.
Unless something negative happens over there, the rally is just going to continue through NFP. Maybe the market will take a breather after that.
The market was held back last week because of the Ukraine situation. It is just starting to catch up today. If you draw a trend line on the 6 month chart, we should be at 1920 now. That is a lot of catching up to do over the next couple of weeks.
It's simple: either Putin digs in and the market stays where it is - it's been priced in - or he pulls out and the market rallies another 2%. Either way, this is no time to be short.
But as the stock market goes higher, this increases the value of businesses and the wealth of individual investors, leading to higher employment and higher consumption.
I'm long, but have to ask... Short sale restrictions are in effect. Why would you short something that can be called when you could go long RUSS instead?
You think there's a law that restricts getting prescription drugs if the purchaser intends to make money on the stock of the manufacturer? LOL.
What do you mean "for profit"? Citron didn't resell it.
If you think the stock might take a hit today but don't mind holding onto it, sell covered calls. You can get $4 for the $80 call options that expire in 3 days.