Shorting Uvxy here is suicide since Europe just put a gun to Syriza's head and siad, "Sign on the dotted line or leave the Euro immediately". If anyone on this board thinks Europe (creditors) will cave on Greece they are badly mistaken. Furthermore, Germany, Finland, Netherlands, Spain, etc., all want Greece out of the Euro.
So with Syriza missing IOU payment after payment and with several more (HUGE) IOU's coming due this month, July and August do you really think Greece is going to bend down and kiss the IMF, EU, ECB feet. Ain't going to happen which means "Volatility" is back in spades and will only increase to the end of the month when Greece defaults and the "Deck of Cards in Europe" comes tumbling down.
If it closes above $46.18 - Oh you are a brave sole to make such a statement since it very likely will close over $51. The stock is in a semi-breakout but a lot depends on when you bought it. But don't worry if you loaded up on shares today. The stock will soon hit $60 and wash out "shorts" completely. Then we set our sights on all time 52 week high which would be near $100 a share.
Since "red lights" are now flashing warning of a impending Fed rate hike in three months. Market always looks several months out (when it moves) and right now the market is telling you "Correction Time is Here".
commander - are you always on the wrong end of a trade or a stock move or are you still working on your 8th grade education? Feye over $50 and heading for $51 so please don't short here or you might lose your new bike with training wheels.
Seems cease fire treaties are not consider part of the Russian language. Only way you deal with Russia is get a bigger bat and threaten to swing it - if they don't get in line. And it appears Obama thinks his plastic wiffle bat will do just the trick to scare Putin back into the Russian homeland.
seems the other 5% lean towards an August rate hike. Either way "the Bull gets slaughtered going forward".
Bull severely gored today knowing Fed Rate Hike is T - 3 months or less.
Greece just missed one of many upcoming Creditor payments. The Greek PM says they will bundle all creditor payments into one big payment - to be paid off at the end of June. But that won't happen. Come the last day of June the Greek PM will call for early elections to settle the matter over staying in the Euro or leaving. Now this is a complete JOKE since Greece just had an election in February to finalize this matter. Furthermore the Syriza party is just stalling and had no intention of paying back creditors a dime. So Tsipras will throw up his hands and tell IMF, ECB, EU that everyone will have to wait for a Greece voting results before they can determine if they will stay or go. And while we wait another 60, 90 days for some idiotic Greek vote none of the Creditors gets paid. Then as we get closer to August/September with no final outcome to Greece situation Spain and Portugal's elections kick in with the "Far Left" in those two countries gaining strength.
So bottom line Greece wants to stall up to the time Spain and Portugal have their elections and hope the far left parties in those countries win so they can join Greece in bringing down all of Europe.
Of course by end of June the hamburger will be long gone but the IMF, EU, ECB will be holding the empty bag. Greece has no intention of paying back a dime to the three creditors, so why just not end it now and call then broke and out of the Euro. Today market sell off tells everyone things are going to get worse in Greece and world stock markets will sell off day in day out due to the pending pressure of a Greek Default. IF you like Spy at $210 today you will love it at $160 at the end of June - just before Greece Defaults.
and then when Greece defaults at the end of the month by not paying back 1.7 Billion in Euros (to creditors) we get our 15% - 20% market correction. But until then enjoy the long ride down for Spy since Greece is going to drag things out until the last second. Then right before the clock strikes twelve Greece government throws up their hands and say "good bye Europe - we hardly knew ya".
Agree and disagree. You hold or buy Feye now and its a solid short term investment and great long term investment. As far as tomorrow - Market head "South" since Greece just said they won't pay the IMF a dime. Market goes down tomorrow but Feye jumps higher.
You know nothing Jon Snow - SPY hits $205 tomorrow and sets its sights on sub $200 next week. Look Out Beloooow.
since Putin wants to show China, he can take what ever he wants and Europe/U.S. do nothing.
Separatists, government forces clash in eastern Ukraine - Heavy artillery fire was reported around Donetsk city in eastern Ukraine on Wednesday, in what observers described as some of the worst fighting in the months since a shaky ceasefire was declared.
So who is going to stop China from taking over all of the China sea? Obama either makes his move now or hesitates and show weakness (again).
Oh my - Sure looks like "Correction" time to me is coming this week or next. Don't you agree Bulls?
Yep - when the huge "short" pressure on FireEye runs off today the stock will fly going forward. Question now is - when will Apple, HPQ, IBM, Amazon, etc. make a play for Feye while its still under $60 a share?
I'm betting one of the big boys swoops in and makes a play for Feye while the stock is still under $60. Of course the buyout would probably be in the $120 range.