Ahhh, September next week and closer to a Fed Rate Hike. And if that isn't enough another week of China Volatility coming - as in more world market corrections. September is usually a very bad month for stocks, but this year it will be a doozy Don't get caught going long Spy over weekend because come Monday it could be down 12%. OUCH
though I don't see market closing Green today XIV will close way, way above premarket lows. We're talking closing around $33, $34 so buy in now guys and enjoy the ride up off premarket lows.
Can't access Scottrade so was wondering if system is down or worse? Volume must be massive today but Scottrade better get there act together by market open. Anyone have problems logging on?
The reason FB climbed after large stock releases was due to the fact the company had a solid future. Where Alibaba's future right now is up in the air with failing China economy and counterfeit issues regarding Alibaba online distribution. Furthermore if Chinese government can lie about GDP, employment, housing, commercial real estate, etc. so can Alibaba future growth, future revenue, future guidance. Its all smoke and mirrors in China and when the air clears Baba just might be a $30 stock after Sept. stock expiration date. Scary Stuff
this year if not in mid-September. Big market sell off tomorrow as China sinks into China sea as Fed sharpens it rate hike pencil for September 15th.
Oh my - Now Kerry and Obama won't there Nobel Peace Prize. What a shame.
Oh my - is Obama's own party turning against him. (THINK SO).
Yellen's Vintage Nylon Garter Belt. But word is its quickly disintegrating due to hot air and pressure from above. British bookies think Yellen's Garter belt pops in three weeks or less.
both set to RUMBLE higher as emerging markets tank while Fed sharpens September rate hike knife. This year late August, September and October look really really scary for the Bulls. Now question is - do the bulls even care when they get closer and closer to the cliff???
and if China economy improves - Fed Sept. rate hike locked in- Market Corrects. And if China Economy implodes then who cares about Fed Rate hike. Dow will be down 20% if China tanks.
and will enjoy the ride up. Volatility spikes going forward for world stock markets due to cratering China economy, free falling oil, 50% chance Fed Rate Hike Sept., Greece elections in October, Europe economy stagnant, Sept./Oct. almost here, emerging market death spiral, etc, etc. Hard to time the bottom on Uvxy, but I think we climb from here. R U With ME?
Could see a 10% - 15% drop tomorrow if BABA reports lousy numbers. Don't care about forward guidance since all Chinese CEO's lie about numbers. Just like the Chinese govt. does. But if BABA misses tomorrow look out come Stock expiration date in a month or so.. This baby could dive faster then you could hit the "sell" button.
So now no IMF and (possibly) Finland to bailout Greece. Sure looks like a massive "Default" is coming sooner then you think for Athens and the Syriza party. And if that happens Europe and world markets go down the Drain.
"Of course we can stay out of (the third bailout), that is possible," Timo Soini told Reuters on the sidelines of his party's congress. "We're really out of patience ... Our government has a very tight policy on this. We will not accept increasing Finland's liabilities, or cuts in Greece's debts."
just so he can a small slice of Ukraine to put on his mantel. With Oil in Complete Collapse the Russian Economy will compare favorably to Greece over the next 12 months if not longer. Ruble is worthless as Putin drags Russia into the Abyss.
and continues to deflate well into 2016. Housing, Commercial Real Estate and now Manufacturing all in the Toilet. And there is nothing the Chinese Govt. can do to stop the Carnage.
Both set to double as China Bubble POPS and Russian Economy/Ruble Crashes due to Falling Oil. You know have your (TWO) winner for the rest of 2015. ENJOY
Question is which country or territory starts the long lost correction this week? And if none want to start the ball rolling the Fed surely will is six weeks.
so it might be best to (run) not walk away from U.S. stocks since the China Bubble is Bursting before our very eyes. Dow down 250 points today on worries over China, Greece Stock Market Carnage and Puerto Rico Ugly Default. Bad things always happen in threes, so you've been warned in advance.
Yes - baked in for a 300 point drop tomorrow and a 15% Dow drop by Friday. Market always looks 6 week to 2 months a head and come Monday it sure in Hell won't like what it sees going forward. China sell off, Greece Market opens only to crash and Puerto Rico says "vacation here with IOU's"