TLT is the treasury bond ETF--not a company. I would say it is cruisin' for a bruisin'--long term treasuries at 3%--horsefeathers!
Setback to $105 area would not be a shock, given the huge up move.
Article is in the Tech Trader column by Tiernan Ray. Check out "headlines".
Might fall 10-15%.
Maybe should wait until Wednesday--"Black Friday" sales hype will mean that expectations are waaaay too high. Will go kerplunk 1st wk of Dec.
In case you don't know, silver is used in solar panels.
They can buy the entire float with a tiny percent of their wealth. They know value.
I'll buy ALL the "garbage" you wish to sell me! When it hits $100+ in a couple of years, easy street for me :)
Cramer is very wise in my opinion.
"Too far, too fast--bulls make money & bears make money but pigs are made into sausages". Not just Apple, but all the stocks up big since mid October.
January could bring a big selloff by those holding to avoid paying cap. gains taxes for 2014. I decided not to wait. $70 to $116.50 just fine. What is saved in taxes by deferring selling until January could be swamped by a major selloff. Also, what happens if sales don't match expectations?
From below $70 to $116 just fine with me. To quote Jim Cramer, "bulls make money & bears make money but pigs get made into sausages". I'm also concerned that expectations of sales growth are getting way overoptimistic and are already in the price.
Trend lines broken, including Amazon. Cramer said decline may resume Thursday.
Selling will intensify--today was just a brief dead cat bounce acc. to Cramer. Cramer cited the work of a respected market technician. Cramer was also bearish on airlines and bank stocks. SELL!
Throw in some increased investor demand and silver should do very very well :)