And right not odds are very much in favor of the House passing the budget bill tonight and sending it to the Senate for approval. Gold tanks big time on news tonight that Congress now has a two year budget in place. No more Federal shutdown for 24 plus months.
Actually two questions.
Why does Nugt usually do more volume then Dust?
And why does Bloomberg - TV in prehour (even during the day) report different gold trading numbers then CNBC and FOX Business? CNBC & Fox consistently report gold's movement the same but Bloomberg for some reason report gold differently.
Thanks for answers in advancde.
so I have no understanding why the stock is dropping, especially since they beat last quarter and should do well this quarter. Seems to me a great buying opportunity now and at some point we should bottom and reverse higher. Stock drop over last few weeks on basically no negative news seems unreal and I think investors will start to move back in now know Xoom is one cheap stock.
ndian gold imports may fall 70 percent in the final quarter of 2013 from 255 tons in the year-ago period and are expected to be half usual levels at 500-550 tons next year if new import rules are maintained, a top trade body official said on Friday.
and now the question is - will we drop to $550 or $545 on Monday. Never know when the big boys are selling and with nothing on the plate after (rumored CM deal) you know this stock could fall hard and fast. Wouldn't it be awful to have so many investors holding $560 plus just to see the stock sell off because it ran too far a head. Sure look like a down Monday for Apple and possibly a down week for Apple.
Not a good sign for Monday and China Mobile news no longer excites this stock. Would rather sit on sidelines since market could sell off next week (after today's big jump) and Apple could retrace $520 to $530.
any many here believe we will see a new 52 week low next week. Gold it seems is now out of favor every where. And remember - those Chinese gold buyers will dry up pretty fast once gold drops below 1200 an ounce. Next stop GLD $115 a share Monday.
Gold doesn't handle well Fed Speak when it comes to a taper date and the end of the Fed easy money. Watch GLD fall next week as the Fed says tapering will now start early next year and continue until all the easy money is gone.
after payroll numbers report this morning, next week, rest of year and all of 2014. The fed is going to taper over the next three months - its guaranteed. And gold can't handle the thought of that, much less the reality. Look for DZZ to hit $55 plus today and open near $60 next week.
No one wants to go long gold now especially with US economy picking up steam, dollar about to strengthen and gold looking like the worst investment for all of 2014 and possibly beyond. If we get a payroll report of 190,000 jobs or more gold falls (possibly very hard), only to continue it sell off next week. Scary stuff right now if your a stupid gold bug.
China Mobile news will no longer move this stock higher and Apple has absolutely nothing new coming (product wise) for several months. No new iPhone, no Apple TV, no iWatch - nothing. Sure Apple might have decent sales to report after holidays but looking further out (which the market does) Apple is shooting blanks. Be careful longs because we are going to retest low $500's. If payroll number comes in high Apple will drop but its the longer term projections that have me worried. Cook is way behind in new product development and Apple stock will suffer.
Apple should trade down to $550 (or lower) tomorrow on these two facts.
Stock, will sell off this afternoon as investors lock in their profits and head out of Dodge. We could see Apple near its close price of yesterday - maybe lower.
If job numbers come in higher then expected tomorrow the market will sell off. Fed still might not taper in December but market will be spooked and drop. Apple will drop with it and head down to $550 or lower. Be careful here because the market and Apple stock will see wild swings today and possibly tomorrow. Both on the down side if investors sell on the news and market corrects tomorrow.
and Fed just said - no tightening for 4 to 6 months (plus). Apple going way higher with interest rates low and China Mobile announcement next week.
Who can handle these wild swings. Up $10 down $15 in day trading. Up $15 in after hours yesterday and down $26. This is wild and acting like your trading a penny stock. Not sure I want to play this game because now it appears the robots, hedge funds and big boys are whipsawing Apple up or down. You can get burned bad if you bet the wrong way and that's not good - because Apple should not be a betting stock.
Out for a while since I don't need a neck brace to buy stocks.
Especially when we say that $528 to $508 drop a few days ago. Not sure which direction we go today - after hours but the stock has moved quite a bit since last quarter's report and now seems to have more downside risk if Apple doesn't report above average numbers.
Agree - I actually more interested in what Apple says going forward versus how much they made this last quarter. With the holiday season now approaching Apple could set record sales for iPhones, iPads (both air and mini) and even Macs. Shorts are going to feel the pain next week, especially on Monday and Tuesday.
- Along with good number Apple has just signed up China Mobile to sell iPhones
- Increased stock buy back plan
- iWatch coming
- Bigger screen for iPhones coming in 2014
- Apple looking at possible take over target
- Stock Split
Yea, I want to see decent numbers, but if Cook throws out some news the market didn't anticipate - look out this stock will ramp way higher.
Also agree. When you buy Apple you don't necessarily look in the rear view mirror. Apple is usually one step (or two) a head of the competition and Cook seems to be lining up current and recently announced products as long term consumer purchases. Not only this quarter, but for the next several quarters to come. Apple momentum will build as new products (iPad air and Mini) will get rave reviews along with ever increasing sales of the iPhone 5S. If Apple can figure out how to increase 5C sales we will have the best of all worlds, though I still like the profit margin Apple makes on the 5S over the 5C.
and for those holding for the long term. I see three big events the rest of the year for Apple.
Oct. 28 - Boom - stock jumps over $570 on earning news
Nov. 7 - Boom - stock jumps over $610 on China Mobile deal
Dec. 9 - Boom - stock jumps on partnership with Yahoo
Mark those dates down because they will put a smile on your Apple face.