Greece is trying to play Russian Roulette knowing the gun to its head has 5 bullets in six chambers. Varoufakis is saying - "You don't bail us out with Free Euros - We default and take you down with us". Its crazy stuff but that exactly what Greece government is doing. Some would say its a Bluff but I'm saying Greece has nothing to lose if they leave the Euro but more importantly does Germany have the guts to let them leave and say "Good Riddance"? Volatility spikes next week as Greece says "Lets Rumble".
as in who gives a rat's behind about bogus China back reserve cut when Chinese government lies year after year about their failing economy. Add to that Greece Default news peaking next week and you know a "mother" of another stock sell off is coming to a theater near you. Dow down 200 points by noon tomorrow. OUCH
Greek government and its lenders remain very far apart. Many European and I.M.F. officials are now openly complaining that Mr. Varoufakis is expending too much energy as a celebrity economist — he was a top draw at a panel discussion here last week at the Brookings Institution, the liberal organization — than on coming up with a viable plan to satisfy creditors. In particular, Europe and the I.M.F. are furious that Greece has still not changed its generous pension system. Mr. Varoufakis has even gone in the opposite direction by increasing pension payments to lower-income workers. “We still do not have a comprehensive, detailed plan,” one of Greece’s senior-most creditors said here last week. “Plus, the numbers just don’t add up.” The official spoke on the condition of anonymity.
Blah, blah, blah, yet just four, five years ago Uvxy had days when it jumped 20%, 25%, 30% on big market sell offs. Now it barely moves a few pennies higher on big market sell offs yet continues to fall 10%, 15%, 20% on average "green" days. Everyone knows Tvix and Uvxy are a scam but its hard to forget the old days - when it was a Brand New Scam.
this year, when Russia invades 1/3 of Europe. Now that's something Greece needs to think about since they might be the only country left standing if Putin goes nuke crazy later this year.
What goes down must come up especially with Iranian talks now in the dumpster while Saudi gets ready to invade Yemen. Oil set to jump higher on Major Volatility in Middle East.
and we all know Russia certainly does not want Iran pumping more oil. Look for the "black stuff" to keep rising as we enter peak driving season and increasing turmoil in the Middle East. Oil heading back over $60 next month.
and just think what happens to oil if Iran takes out a few of Saudi's oil fields??? Over 200 a barrel and climbing.
unless the rest of Europe bails out Greece, again and again and again with lot of free Euros. This time though its different and next week Greece gets shown the door for submitting a phony reform list that does absolutely nothing other then infuriate the Troika. Watch world markets "DIVE" come Monday morning since the Greeks have made their own bed - and unfortunately for them that bed is on "FIRE".
You were warned by the Fed last year, so party over now as Biotech stocks implode and drift lower and lower and lower. Remember 90% of all Biotech stocks fail and never get FDA approval. IBB going forward will see the biggest percentage drop for 2015. You can book it Dano
Dude - this is called "A Bubble Bursting" and if you can't see that then your going to lose lots and lots of money. IBB heading to Sub $300 Monday if not sooner.
Sure will since Yellen is also shorting it hand over fist. The old bag was a little early in calling for a biotech correction but its here and now and set for a mammoth sell off.
and so it begins. $340 close today, $328 tomorrow and maybe $312 on Friday. All arrows now point down - so be careful longs or you will lose finger, toes and much much more.
Kerry going to look like a complete idiot when Iran's Supreme Leader says "Iran will never bow down to U.S. or Israel" and both countries should be on red alert since Iraq is going full speed a head on building multiple nuclear warheads. Oh and notice at Greece - Germany press conference no one was smiling. Sure looks like a Greek Exit by end of March to me.
You will see more "strong buy and buy" recommendations for Zynga as we get closer to new game roll out dates. DOT of course will be the "blockbuster" but several other games could also be Home Runs.
Agree - DM - CEO starting to push buttons to move this stock higher. I still think Zynga will be bought out in the near future but if some of their new games are a "success" the stock will move up accordingly, As in 50% jump on stock upgrade, strong forward guidance or partnership deal. So long $2's and hello $3's to $4.
$2 gone today and open $3 plus Monday. Let the oil rally start heading into Spring as Iran now just a few days from walking away from Obama and Kerry and their stupid plan to delay Nukes for a year or two. GEEZ
So are you sitting on your hands or going long UWTI before it just 50%?
as Russian sends more Russian soldiers into Ukraine in an attempt to take over more then half the country.
Separatist leaders in eastern Ukraine threatened Wednesday to abandon a cease-fire following changes to a law granting their regions self-rule.