and if I had a tesla battery that worked in my flashlight I'd hit the "sell" button now since after Tesla reports - the stock will be under $200 and heading for $100. What goes up (on hype) much come down on (truth).
and the fact that oil is super cheap now and will be cheaper in the future. But Tesla is losing money hand over fist in China and will continue to do so as the Chinese say "no like electric cars" now or next year or the year there after. Tesla headed for sub $250 next week.
Tesla Motors’ international job listings say it all. In Norway, a tiny country of 5.1 million people where the electric automaker’s Model S was one of the best-selling cars in 2014, there are about 90 job openings. In China, a massive economy of 1.35 billion people where weaker than expected sales led to executive turnover and a recent restructuring, there’s just one lone position.
Look out BELOW.
99% of car drivers around the world don't want an electric car that goes dead after 300 miles. That's a proven fact. Now the question is can Tesla live off that 1% of buyers who might also want a future electric car from Ford, Chevy, Toyota, etc. What goes up must come down and after Tesla reports lousy earning this stock will be under $200 a share and falling hard.
and if you doubt me check back in mid September when JDST is flying over $50 a share heading for $100
Gold now in Full correction Mode - as investors start to panic and sell as fast as they can. So long $1,100 an ounce and hello $800 an ounce by end of September. Fed rate hike coming to slam gold bugs.
and do you really think the Greece Parliament wants to clean up the MESS Tsipras made, when word breaks Greece banks could be close for a month or longer. Better to default now knowing Greece controls its own future then a wash up Rookie Prime Minister and a very mad Europe/Germany following.
The IMF has triggered a 'political earthquake' in Greece's bailout negotiations
Today's IMF document amounts to a warning that the IMF will not take part in any EMU-led rescue package for Greece unless Germany and the EMU creditor powers finally agree to sweeping debt relief.
This vastly complicates the rescue deal agreed by eurozone leaders in marathon talks over the weekend since Germany insists that the bail-out cannot go ahead unless the IMF is involved. It also makes Greece Parliament look like complete "Fools" since Germany will not lend Greece a dime if IMF is out of the Picture.
Down she goes tomorrow boys and girls - no matter what the Greek Parliament does.
Time to bring back Yanis Varoufakis to replace Tsipras. Now wouldn't that be a barn burner. Once market realizes no one is in charge of Greece Government - you will see a "Huge Sell Off" as ever watches Volatility spike.
UWTI over $3 a share by market close Friday - but you have to buy now to enjoy the RIDE UP.
Oil’s biggest slump in four years will lose momentum because the plunge in Chinese equities and Greece’s economic crisis won’t dent global demand, according to Morgan Stanley, UBS Group AG and Societe Generale SA. Crude is set for a “recovery” after declining 13 percent in the five sessions through Wednesday, Morgan Stanley estimates, while demand will push prices up by year-end, according to hedge fund manager Andrew J. Hall.
Summer - September/October going to pull the market way way down as investors realize the "golden days" of trading are over with. Fed tightens as Europe and China go down the toilet.
Whoa - Alexis Tsipras just planted his "red line" in the sand and said "Greece bends over for know one". Now the only question is - are there massive Greek bank runs on Monday or Tuesday as the pending Greek default is now just days away?
Whoa, Nellie - Game Changer. Merkel better think twice about lending more money to Greece since the Syrzia government wants to spend Creditors money as fast as they get it. Some say a Sucker is born everyday, but in the case of Europe Creditors I say a sucker is born every five minutes. Watch Greece's budget go BOINK with initiation of pre 2012 Pension benefits reinstated. Holy Mother of God