Wow - Talk about a mounting worldwide corporate crisis. FireEye over $40 a share come Monday. Maybe higher if North Korea actually does hack a few more Fortune 500 companies next week. Shorts are history since everyone will be buying Feye at market open.
so why go long USO or UCO when you know next week, next month and well into 2015 both will be down another 30% - 40%. Never ever try to catch a falling knife. Especially one with cheap oil on it.
For you traders of this wonderful (short) ETF be advised that it moves fast going down when the market roars a head. When the market goes Green Tvix loves to free fall. But when the market sell off Tvix move up at a snails pace. Or shall we say in a pace half as slow (as when it goes in the opposite direction). I understand Tvix how it works. What I don't understand is why it decays so fast in a bull mode yet just walks slowly up in a Bear mode. The sucker should trade equal in both directions, but you will never see that happen here.
and you know Russia is just selling a few bars here or there. No way since the Ruble is pretty much useless and the only thing Russia has left is gold to sell to keep its economy on above water. When Russia dumps gold you know its time to short this puppy,
You never hold gold when the Fed is going to raise interest rates. Especially when Gold is still at all time highs and could test Sub $500 range sometime next year. Its gold crash time to watch your gld positions.
up is down and down is up. Market sell off after a big drop last Friday but Tvix acts like market is up 100 plus and climbing. Never seen Tvix down so far in a very red stock market drop.
What's up is now down
Who would of thought? But then who would of thought oil falling through the floor while Middle East goes up in flames. Wacky stuff now that you didn't lean in business 101.
Simply because three years ago Greece brought all world markets to their knees (especially Europe) because once Greece Defaults then everyone (in Europe) defaults. Boom
Mark my words - Greece will either default or ignore its pending debt payments claiming that a small country like Greece should be allowed to built massive debt and not be held accountable for paying back massive Euro loans. Its called "take the money and run".
and the German's applaud her knowing its really stupid to do Q.E. when 1/3 of Europe is in debt up to its eyeballs. German's are not going to pay out of pocket to save Greece, Portugal and Spain from default. No way. So say good bye to Euroland and hello King Dollar.
Now sure how market will handle a sell off. Especially before bad news comes flooding in from Ukraine, Ferguson, Middle East, Israel - Iran, etc. If we see a down market this week - there goes the Santa rally.
Oh the stakes get higher as Ukraine just told Putin - we are going into Nato and then getting our revenge. Question is will Putin even let Ukraine vote on a Nato alliance?
Let them cut rates all they want. The China Bubble is popping as we type and world markets will start to collapse as China falls into the deep polluted hole of recession. Its going to be ugly - so watch out.
By Bob Davis - WSJ
So why, on leaving China at the end of a nearly four-year assignment, am I very pessimistic about the country’s economic future? When I arrived, China’s GDP was growing at nearly 10% a year, as it had been for almost 30 years—a feat unmatched in modern economic history. But growth is now decelerating toward 7%. Western business people and international economists in China warn that the government’s GDP statistics are accurate only as an indication of direction, and the direction of the Chinese economy is plainly downward. The big questions are how far and how fast. My own reporting suggests that we are witnessing the end of the Chinese economic miracle. We are seeing just how much of China’s success depended on a debt-powered housing bubble and corruption-laced spending. The construction crane isn’t necessarily a symbol of economic vitality; it can also be a symbol of an economy run amok.
Most of the Chinese cities I visited are ringed by vast, empty apartment complexes whose outlines are visible at night only by the blinking lights on their top floors. I was particularly aware of this on trips to the so-called third- and fourth-tier cities—the 200 or so cities with populations ranging from 500,000 to several million, which Westerners rarely visit but which account for 70% of China’s residential property sales. From my hotel window in the northeastern Chinese city of Yingkou, for example, I could see empty apartment buildings stretching for miles, with just a handful of cars driving by. It made me think of the aftermath of a neutron-bomb detonation—the structures left standing but no people in sight.
I some what agree especially when I read headlines like this "Russian troops pouring into Ukraine, NATO officials say". Putin is not going to back down - he's in it now up to his neck. Question is will Putin be met with fire or more sanction? At some point we either confront Putin's military aggression or hold back and buy bomb shelters for the holidays. Believe me - the only thing Putin respects is "force directed at him and Russia". It you don't show strength in the front of a "Man man's face" you will get run over.
Not me. Especially if we see St. Louis in flames and unrest growing across the country. No wonder they waiting until the weekend to announce Grand Jury decision, since unsettling news could send the stock market down 10% plus.
Then MS reported. Well you have to give Musk credit for being honest. And a few months back he did say stock was "over priced" and set for a drop due to over hyping the company/stock.
Agree - You got to know when to hold and when to fold. Better to fold with a profit then see it vanish in thin air as investors sell on weak forward earnings and massive competition.
Seems quite a few people have their finger on the "sell button" right now. And it only 9:28. Starting to wonder if longs could lose fingers and toes today if the bottom falls out of Tesla?
Tesla is in trouble and might just join the likes of Twitter, FireEye and Ford as one of the big movers (down) is share stock price. Look for some wild swings to day but I'm afraid the selling pressure will be to much for the stock to keep its head above $240, much less $235. Investors know when a stock is heading down and when they smell "sell off" they all jump in and head for the exit at the same time.