I agree - strong 10% jump today which will be followed by big move up next week. Sure you can buy and hold GLD but I'd rather make an easy double buying Kinross Gold and watch it hit the teens in a couple weeks. ALL ABOARD
Dude - Oil way off its highs as everyone panics (in there long position) knowing more oil will flood world markets going forward. So long $50 a barrel and hello $35 a barrel very, very soon,
Sure looks like "OIL CORRECTION" time now as Saudi Arabia increase oil production just as Putin tells Russian Oil Minister - PUMP Oil Like There is No Tomorrow. Oil headed back to mid-$30 sooner then you think.
Gold over $1350 next week but it won't stop there. Its headed for over $1500 as Crooked Hilly and Crazy Donald get ready to "Shock the Monkey" and send U.S. economy into a Free Fall.
Hey you got to protect the HOUSE. Or in plain English - oil market share as oil now set to retest lows and all the bad guys keep pumping and increasing production so they can stay one step a head of each other,
and it will be a very long, long night for those who don't cover in after hour then wake up tomorrow with a huge headache and a lighter wallet (or purse).
sure looks like we going back ot $38 a share by Monday next week (if not sooner). This bogus run up in oil has just ended as every realizes Open is broken but still like to increase oil production going forward. So long $40's and hello $30's.
Whoa Nellie - Spy now hits the "PERFECT STORM" for a Massive Correction. And throw in Amazon and Msft awful numbers and we could see the biggest percentage drop in Spy tomorrow in years. Longs about to get their head handed to them in spades.
and stay RED for more then a day or two. See you all at $18.50 at close tomorrow.
and do you really think Putin is going to risk his position and all his mistresses by freeze oil and further hurting Russian's economy? No way as "little Hitler" tells his oil minister - Pump All Out 24/7.
and if the DOW closes down 100 points then Tvix should have a very "green" day tomorrow as world markets sell off in after hours. Downside pennies from here but upside potential HUGE
cause the Russian want to be first in everything.
Greece is, in a serious fight with the International Monetary Fund over the bailout that the two of them and the European Commission agreed to agree to last year. But — this is where it's hard to tell tragedy from farce — it's not for the reason you might think. It's the IMF that wants Greece to do less austerity, and Greece that wants to do more as long as those cuts don't hit the poor. In other words, up is down, black is white, and dogs and cats really are living together. And Germany wants its bailout money paid back with interest.
Me - starting to climb in after hours as investors realize the "tide could turn at any moment" and if we get a spike in volatility Tvix could be an easy triple bump higher.
Am I correct that API report comes out Tuesday at 12:30 p.m? And for EIA report - Wednesday at 6:30 am (seems early) . I see both reports pushing oil lower but was wondering if anyone here know correct reporting time. Thanks