You want to be in these names because pullbacks will be very seldom. Cash is growing fast, business is booming and entire world is joining this new digital era.
Buy TWTR and prosper.
Nobody wants a taper because leverage is huge. They don't want to sell because of the tax reasons, so take it down to the critical level and force the FED to reconsider next weeks decision.
WIth FED put, you can buy and sleep tight.
What happens in 1 year from now, who cares, Papa Bernie won't be here to feel the pain.
What kind of power do you give one man is totally irresponsible. Can someone build an algorithm to replace the FED?
You can't have a double standard. Now that the GDX is at the 7 year low (vs. all time highs for the market), something has to give. Either market falls big time (it won't) or GDX bounces 20%. Even if the bounce of 20% came, GDX would still be down more than 50% from the highs. Any news from China growth is positive for S&P, but when they buy gold in record quantities that is overlooked. Sooner or later the supply will dry up and someone will be stuck with Herbalife type of a short position in the gold futures and they won't be able to deliver.
DUST on the other hand had a good run, but how much more can you squeeze out of the 3x bear fund. This one is going below $5 in 2014 and will reverse split about 3 times in that period due to leverage set up so they can take your money.
GDX could have a 20% move shortly and that only gets it up to $24.
This fund is just as dangerous as NUGT. I predict both will be at $5 within a year simply due to the leverage and volatility. Once directional move you've seen in the past month is about to reverse violently at least for a few days as FED once again does not taper.
Just backtest it and you'll see. Covered my put yesterday and bought a call butterfly for today. I hope they close it below $180.50
Is that bad news for stocks?
Free Money will stop all of a sudden and all they'll have is the debt that needs to be repaid. This will not end good for them. US worker will ask for higher salaries and margins for companies will shrink (just look at Walmart workers and Fast Food workers).
I don't think he realizes that. I've known 4 people that looked the same that ended up in the hospital 3 weeks later.
He wants us to save so FED can deteriorate our savings via massive printing.
That is how twisted this situation is. Congress doesn't even care that they have guys running our monetary policy that want harm to the US economy. How twisted is that situation?
Jobs number will be very strong and stocks will suffer, America will prosper but without QE.
In that case isn't it the best to buy a very expensive piece of property with a fixed mortgage in a dying currency? You are pretty much betting against the collapse of the currency with their money.
Better yet if the property is generating income.