and as more members of the Fed board push for higher rates (sooner vs later) Yellen will give in and agree with the majority. Yellen might not address rates at 10 am this morning but she knows they are coming and she won't be able to stand in the way of an early 2015 hike as U.S. economy improves. GLD set to fall to historic lows as gold become the worst investment going forward.
And I'm honest enough to say I nibbled at Feye at $29 and low $28 only to have my stop hit. I no longer have any faith in this company since it management is weak and its forwards earning potential is nil. The stock is now near its 52 week low in a roaring Bull market and one has to wonder if the market was actually selling off if FireEye might be trading in low teens or single digits. Good luck to longs here but I'm afraid the Feye train has left the station and the stock will continue to trade lower well into 2015.
because tomorrow Dust opens over $17 a share and sets it sights on $20 plus. Gold is now heading in only one direction - down. And its going to be a long downward sell off since the Fed will continue to raise rates through 2016.
Fed going to tighten and gold knows it coming. GLD down for rest of year and all of 2015.
and I can pretty much guarantee it will be down Big tomorrow. Investors are now moving to quality stock for the pending correction and as we all know - FireEye is no quality stock. In fact its a "short" delight which appears to want to hit the high teens by late August. So in reality FireEye is not a cyber security company but rather a cyber piece of junk.
and at what level did it reverse split in 2012? 2011? 2010? and 2009?
The nice thing about Tvix and Uvxy is we have a lovely track record or reverse splits over the years to project our next reverse split price. I'm think when we hit $2 old dependable tvix announces their eighth or tenth reverse split as in an 8 to 1 reverse split
the big sell off tomorrow. And we could see a good size drop as rumors spread that Yellen is thinking interest rates hikes in early 2015 versus mid-2015. Fed can't hide behind improving economy and rising stock market. Uncle Ben did that for five years but Yellen will have to face the music. Raise rates in six month or risk or risk Armageddon
So what are you waiting for with the stock trading at $30 a share ans to jump 20% over next few weeks?
and if you Spy bulls can't see the forest for the trees - today's news of Russian aggression inside Ukraine will send Europe's economy into a free fall with Portugal, Greece, and maybe Spain looking at Default. You remember Greece defaut news - don't you Bulls. Remember when it knocked the stuffing out of world stocks. Well its now all coming back to haunt Europe since who want to travel in Eastern Europe with the Russian Bear on the prowl. Who wants to hold Euros with Ukraine about to default and Poland on edge as Putin smells war. Europe always wants to look the other way when they see a train wreck coming, but this time its to late. Russia vehicles, tanks, and soldiers are now crossing Ukraine border as we post and by next Monday Russia will have a permanent some where on the Ukraine border (inside Ukraine).
Forget Japan and China which are both in a slowing economy which could last years. Its Europe now that is in major trouble and its only going to get worse.
totally agree with you newpikachu. News was not fake but wonder why a photo hasn't shown up, unless the Russian convoy was taken out at night and no was able to take a Kodak moment picture. Things in Ukraine are going to get worse over weekend (not better) and market come Monday will be heading down fast.
NATO confirmed that it had seen the incursion as well.
Andriy Lysenko, a spokesman for the Ukrainian military, told a news briefing that Kiev’s forces had picked up a Russian military column crossing the border under cover of darkness.”Appropriate actions were undertaken and a part of it no longer exists,” Lysenko said.
Spy drops 5% plus come Monday and low and behold will be a bloody mess by next Friday.
for next six months if not longer. Monday looks bad since Asian markets will fall, Europe markets will dive and U.S. stock market could see another 150 point drop. What goes up must come down.
Its called a "CORRECTION". And it will go on for months if not the rest of the year. If you like Spy at $191 in AH you will love it at $150 by October.
Sure looks like a market correction is coming so I'd rather buy and hold BioCryst Pharmaceuticals, since it the front runner to come with a vaccine for the Ebola virus.
Its stock going to double over the next month as the only reliable company that is working for a cure of ebola virus. Google it and realize this stock will ramp higher as ebola virus spreads.