if oil is higher it means the recovery is here. If oil is plunging, it means the recovery is imminent thanks to plunging oil. Breaking news......You can't have it both ways.
Cows are stupid animals. They run into the barbed wire surrounding them, get all cut up, and then they run right back into the barbed wire again. No one has learned a thing from 1999, and 2007....It's just a matter of time.
What I think is happening is the hedge funds and others are chasing the ETF's, not individual stocks, in an
effort to show their clients they made money. But to your point, the Dow is up over 800 points in 3 days. I don't know how you take away all that technical damage, and fix it in 3 days. The only thing the Fed has done is create a self-fulfilling casino.
No bubbles anywhere in sight. It's interesting that the VIX and the leveraged VIX plays like VXX are not playing the Fed's stupid games; they're holding up well.
Considerable time, c'mon really? As if the markets didn't know what the Fed would do....They haven't raised rates for 6 years, and may never raise rates. I feel really sorry for the millions out there who have savings, but can't afford or don't want to risk money in the markets.
FDX stock ran up from $148 to $180 the past month, in anticipation of a great economy, aided by lower fuel. And yet, they missed their numbers, both top and bottom line. The market is acting like a bear market, up in the morning, down in the afternoon. But the CNBC talking heads will tell you December seasonality is the best, and low oil is great for everyone.
Who do you believe?
Analysts keep upgrading this stock, and raising price targets, and yet it still can't break out over resistance. Buyers just won't pay above that level, maybe until all the past issues are resolved.
Well said dunrunnin.....Market technicals are now a complete mess....This 6 year rally looks almost over.....There may be a Fed induced bounce Weds-Thurs., but I think that will be faded.
Do not listen to ANYONE when it comes to your money. The financial media will try to convince you to keep throwing your money into the market, even after this parabolic move up. Jeremy Siegel, Tom Lee, Jim Cramer, they're all alike. The markets can never go down, only up. We all know better, we've seen this movie many times. This time, I think the oil crash is telling us something more ominous is going on. This time, is never different.
What's in YOUR Xmas stocking!
Keep spinning your self fulfilling prophecy Wall street. Nothing else matters, except the US....Best house in the neighboorhood, we don't care about Europe or Japan, we're the US! Such arrogance will lead to a market crash.
And this is just the US......Other countries will join in and request funding if the US takes the lead.
Iko1996 if you're reading this, I think it's safe to say your prior concerns about no run up into earnings should be put to rest.
Breaking news: Time Magazine decided the Ebola fighters deserve this recognition. I agree....Don't think for a minute that just because you don't hear about any US cases of Ebola, the disease went away. Nothing can be further from the truth. The battle rages on in Africa and other nations. And I'm betting what we hear from the company in after hours today will confirm the huge demand for their products.
The one thing no one has mentioned in this thread is the fact that a fund decided to take a percentage holding interest in LAKE, in other words, they purchased over 300,000 shares. For a stock with this small float,
that's a huge investment and commitment/belief in the future of this company. My feeling is hospitals around the globe will become proactive and keep adequate inventories of protective equipment, to be ready for any outbreak of disease in the future, not just Ebola. So don't worry about a stock run up into earnings, there's too much of an unknown here; i.e. the street really doesn't know how to value LAKE just yet, but trust me they will after tomorrow evening.
Actually it's amazing it hasn't sold off at all in AH....Frankly, I wouldn't be surprised if CELG does a full acquisition......In case you're wondering highflier, yes I'm #$%$ because I bought AGIO months ago at about $40, and sold at $45 with a profit, and no, I never bought it back!! UGH....