You can kiss my big red clown nose Monday morning when GLD opens $117. Over the weekend you get hear talking heads say "the Fed tightens soon versus later". But don't worry - you still have 3 plus hours to sell your losing long gld position.
Question is do I go long DUST or Short GLD for the up coming Gold Correction? Thing I'll do both since like Dust big moves up and use GLD short as a defensive position. Can't wait the Fed to speak next week and whack gold down another $50 to $100.
Because the Fed is coming to town with a very sharp knife to cut the QE cord.
We've all seen this before. Its called two or three steps up and then all of a sudden a big step back. China Mobile news is baked in (unless it gets pushed off) and Apple has now traded lower two days in a row. We could easily retest $540 next week so be very, very careful. Once the ball starts rolling down hill it picks up some serious speed.
Gold futures dropped by more than 2% on Monday as monthly data on the U.S. manufacturing sector came in better than expected, supporting the prospects for a pullback in the Federal Reserve’s bond-buying program and fueling a climb in the U.S. dollar.
In other words the "Fed" is going to bring GLD to its knees and keep pushing it down to below $35 a share. Its all going to happen over the next 12 months so please don't go long unless you like Major Pain.
because this puppy could be over $630 a share by the end of December.
Hey any news regarding China Mobile and Apple hook up is good news to post. And I was one of the many who thought the deal would be announced last month. So I'm back in (holding Aapl shares) not only for Dec. 17 CM news but also for the long haul. As far as a press release - Apple will allow China Mobile take the lead and make the announcement. It was that way when VZ, AT&T, Sprint, etc., all agreed to sell iPhones. The Phone Carrier broke the news and not Apple. So keep your pants on jking196809 - the deal is coming in less then three weeks.
this last quarter. They will miss again going forward as customers look else where for a bite to eat.
Never a better time to buy and go long Apple right before Black Friday (Huge) blow out sales of all Apple products and the upcoming partnership between China Mobile and Apple. This stock is set to push past $600 a share before Christmas and possibly hit $700 by early 2014.
and GLD will follow. Gold can't hold a gain, especially with U.S. economy picking up steam forcing the Fed to taper sooner versus later. Look for a big GLD sell off on Friday as Black Friday turns into the big shopping event as gold becomes the tarnished metal for all of 2014.
Buy you Fools.
Legal experts say Apple's suits against Samsung serve as a proxy war against Google's Android operating system
Hey Hold - looks like you called it. Hoping your right on the $528 open tomorrow. With Apple win against Samsung and CM news today sure looks like $530 get hit in the next day or two.
Apple starting to ramp up a lot of wins (in court) and also on the revenue side.
Thought China Mobile would do the iPhone dance last month but now it looks like December 18 is the target date. Well we all know news leaks, especially good news and I bet over the next week or two WSJ, Bloomberg or so other new outlets comes out will very positive news regarding CM and Apple. Stock should rally into the December 18 date not only on CM news but also fantastic holiday sales news. Thining $530 a share by late tomorrow or Monday at latest.
Holder said that talks with the companies, whose merger would create the world's largest airline, were ongoing and that he hoped for an agreement before a trial begins on November 25. So now we have a complete 360. We went from Holder and DOJ saying they would stop the merger thinking both airlines should operate independently to now saying - Let the merger take place with a few alterations. In other words,. THE DOJ IS CAVING.
From everything I've read lately, US Airways is ranked number one as the airline stock to hold short term and long term. Its also the cheapest and has the most potential to move higher, even without a merger with American airlines. Southwest and Delta are a distant second. With oil prices dropping, more travelers flying and fewer carriers buying LCC seems like a no brainer.
and if I was US Airway and American I'd throw them a bone (reduce gates at Ronald Regan) and a few other airport locations and get this matter settled before Court Date. US Airways - American know they have a solid case to the the merger and DOJ is way out of line in stopping this merger. Does Obama really need another huge misstep right after Obama Care disaster and NSA embarrassment?