Dow futures for Monday currently sit at -173........ could be a very long week of correction/bubble burst mode for the broader market, ARTX, I just do not know, but target price could fall to 2.60 for me to buy back. Short SPY for some easy money.
2010 about 8% of overall companies couldn t cover interest payments with ETBIDA; that number has since exploded to nearly 18%.
2.89 my re-entry point, congrats on the renewed work, always good to be busy lol (I know you are a fine author and are not in need of any type of work), Blessings D
What befuddles me most is the connection of the markets to WTI oil...now that Iran is starting a price war by selling at a discount ( -2.43 per barrel)to market, it should cause a price war...then what??? If 2000 S&P does not hold expect 1940.
Ole Yellen can't prop this up with hot air much longer, but then again Obama has propped up a not lawless US for 8 years....It is all about the media sentiment anymore, not fundamentals....sad.
The Coin says , no. Next week going to get real ugly in the markets as reality sets in. Fed to impose neg. interest rates... maybe. The economy is wobbling... doing a lot of research in manufacturing and the word is, we are slow, or not busy.
Seems to be some mo mo here, Zach's moves usually occur several days after their articles... volume to confirm further rise as percentage up move is showing up on screens .....