Dow futures flat - Market still open red tomorrow as Europe stock market falls. No once believe China numbers anymore since their housing bubble burst several month ago and commercial real estate is in a free fall.
except for Taiwan and Mumbai Sensex. Asian markets opened broadly lower tonight with shares in China leading the region down. Sure looks like investors are now into panic selling as the long lost Bear finally come out of hibernation and gets ready to eat Spy longs for breakfast.
World markets are spooked. Not all we need is for them to get frightened for panic selling to kick. When that happens Spy falls through the floor - as in double digits.
GLD - should free fall today and into next week since gold is looking more and more like the worst investment over the next 12 to 18 months.
"No" campaign extends lead with Angus and East Dunbartonshire council results, and a landslide in Dumfries and Galloway with 36, 614 for "Yes," and 70,039 for "No." The "No" campaign also won handily in East Renfrewshire. Looks like Gold bugs won't be moving to Scotland anytime soon, since the Scots just stepped on them hard.
gold will sell off big time tomorrow as Scotland decides to stick with Great Britain, the Fed get a day closer to rate hikes and the dollar marches on. JDST looks dirt cheap at $13, with the "gold correction" right around the corner.
Good move - at $3.01 a share (in premarket) Tvix is dirt cheap and will double if Yellen so much as whispers "mid-2015 or sooner rate hike" tomorrow.
and you know Europe market will call tomorrow on worries about the Fed and Scotland independence. Spy takes another haircut tomorrow before it get scalped on Wednesday.
Well Wednesday we find out the Fed's true colors since they can't spin the spin anymore. If they claim they need more time to evaluate the direction of the economy they come across as complete fools. If they state rates are data driven they come across as complete fools. If the state, "recent imrpovement over the last several months in employment, GDP, consumer spending, etc. all point to an improving economy, which it turn require higher rates" they come across as calling it as it is. Sure the stock market will tank but better now versus later. Yellen better be on her game Wednesday or she shrinks under 3' tall and applies for the next Hobbit movie.
as Putin wins another (bogus) election at home. Its now Europe/U.S. sanctions against Putin's power move to take over Eastern Europe. And in the middle Ukraine, Baltic States, Belarus, Poland, etc. all scream for help from Nato. Time for Europe to get serious and confront Putin head on, before he turns into Hitler on steroids.
and tell the Brits to stick it. And my oh my what will happen if the Queen can no longer plan her summer vacation in Scotland. Will she have to move to Wales and eat her cake?
Well we certainly with the DOW down 100 points. Half if not all of Europe freaking out over Scotland vote and now Ukraine war back in full fledged mode. As far as 2014 goes, next week will probably see the biggest drop in world stock the year has seen. Sure looks like Spy going to get crushed in all selling going on as the bull finally throw up his hand and goes home,
Yea and this convoy is not filled with dried cereal or powdered milk. As if the first one was. No this convoy has more weapons of mass destruction, more hand held missile launchers to shoot down civilian aircraft and more equipment to aid Ukrainian rebels. Its now a race between Putin's ultimate plan to take over all of Eastern Europe and escalating Russian sanction from Europe and U.S. Who know who wins since Putin acts as sanction mean nothing, yet Russian economy slowing. My assumption is next step Europe and U.S. start sending weapons to Ukraine to fight off a pending Russian invasion.
Bad Retail numbers pushes market down with worries of slowing economy and multiple foreign crisis raging on. Now we finally get good news is bad for stock market and bad news is bad for stock market. All is now "normal".
Scary stuff - Makes me wonder if I should move to South America since Europe and U.S. will be ground zero for Russian attack.
Earlier this month, Ukraine Defense Minister Valeriy Heltey claimed Russia’s nuclear weapons could be used against his country in a tactical strike if tensions continued to escalate.
“The Russian side has threatened on several occasions across unofficial channels that, in the case of continued resistance they are ready to use a tactical nuclear weapon against us.”
Lithuanian President Dalia Grybauskaite even claimed that Russia is effectively waging war against all of Europe.
Says he doesn't need a bigger iPhone screen and certainly no dumb watch. Seem Carl knows when to buy low but better yet - knows when to sell high - before the Apple stock correction.
if you lose iPhone - watch does not work. And Oh, every couple years you will have to upgrade your (bogus) iWatch or watch it crash due to limited service.