as Volatility spikes across the board. Syria, Hurricanes, Fed Rate Hike, Mounting Debt, Russia Aggression, Companies to report weak earnings and most of all "investors sell knowing a "Correction" is right around the corner.
Dude - Putin is just starting a massive bombing campaign that will last weeks if not into the new year. We're talking bombs flying every where in and outside of Syria. We're talking bombs flying near Israel and maybe over the boarder. We're talking Russian Military aircraft along with Iranian Jet Fighters doing exercises over Iraq and near Saudi Arabia. Oil going forward jumps as Volatility ramps higher in Middle East as Oil heads for over $60 a gallon by end of October.
while asking for water and oxygen after yesterday's Fed speech. Seems there is a lot of stress being the Fed Chairwomen and swinging a .25 rate hike in 30 to 60 days. Oh where is Helicopter Ben when we need him?
It tells you Monday could be a BIG DOWNER as investors run for protection and away from Stocks.
and it must be a strong odor being three days away. Time to load up on Tvix for an easy double as China reports bad numbers next week as the Fed does it rate hike dance.
for an easy double if not more. Stock market is weak today after a big drop on Friday. That tells you the market is "Scared" and ready for another big move down. The Fed now is out of the picture because that have to raise rates sooner versus later and if it comes in October - Well its 20% correction time if not more.
and you know if the market closes flat or slightly up today - really bad things are coming down the road. Yellen should of raised rates last week and she didn't. Market sold off. Now we know a rate hike is coming in three months or less and that will freak the market out. Volatility back in spades now as the Fed loses its dove feathers and set world stock markets on a Major Sell OFF.
Rate hike in less then 30 days and market will sell off into a Oct. Fed surprise. Tvix headed for $20 plus (soon) as Fed gets closer to pushing the BUTTON.
So when you have company investors up in arms over Alibaba's dropping share price/falling revenue and the local government trying to shut you down (as far as online banking and online "counterfeit" buying) you know you have the worst of Both Worlds. If you like Baba at $64 today you will love it at $58 next week as we get closer and closer to the worst Quarterly Report of ALL TIME
Never ever try to catch an oily knife that wants to dive, dive, dive.
simply because gold and gold miner stock climb the rest of the year due to the Fed not raising rates in 2015 or even early 2016. BOOM gold off to the races.
Sure looks like the Fed stays the course and keeps ZERO interest rate throughout the year. Possibly longer
and when you have a slowing U.S economy in from of a Massive China Recession coming - you know the Fed sits on their hands Thursday and does nothing.
That seals it. Fed can't move rates up with industrial production falling in front of a total China economic meltdown. Nugt jumps on more bad US economic news.
and should the fed do nothing Thursday - Nugt is an easy double but more likely a triple move higher. BOOM
Just imagine how big it will get when upcoming quarterly earnings miss by a MILE?
Sept. 21 is a "ticking Time Bomb" for Alibaba and Shareholders. Lots of carnage when 1.6 billion shares hit the market.