Trendsetter had better buy a personal lightening rod that can be attached to his head in case God reads Yahoo message boards. To insult Jesus on his 2015th birthday, OMG.
The boy skiidady can't resist challenges. It is excellent bait.
Market goes over the cliff.
XLU & utilities have been big winners in 2014. Those with gains will take them, starting Fri Jan 2. This fact, combines with the almost 20 PE and low div yield in relation to bonds make XLU a strong sell imho. Break of $40 possible in Jan imho. Good luck all.
Sentiment: Strong Sell
Took a pilot call option position today. Gold stocks often outperform in Jan., especially when they are depressed the year be4.
Will there be any buyers? Wouldn't shock me to see a fast retest of Oct lows.
Chipotle looks very porky. Utilities look porky. Transports look porky.
10% chance if Friday is low volume they may try to paint the tape with a positive close, otherwise Jan looks sharply lower. 1850 SP500, Dow 16,000 etc. Then maybe a bounce, then down even bigger in Feb-Mar.
Fastmoney spent a lot of time on this today. Brian Kelly was especially bullish, as were mot of the panel. The Icahn rumors were discussed and Icahn will be on the show Thurs Melissa said.
You are making the biggest mistake in finance--arguing with the tape. The tape says Twitter is being accumulated, in big volume, and going higher.
Yeah, but Cramer has ears that stretch all over Wall Street--he's heard something that tells him to give a buy signal when before he said sell.
Maybe the rumors about Icahn are true & that's why Cramer said "buy Twitter".
Also said he likes it better than GOOG or YHOO. He said he uses TWTR for search.
Cuban was just on CNBC fastmoney show.
He called the rally to $132 on TLT--now he says sell TLT, says it has several dollars of downside at least from here. Selling TLT is the same as buying TBT (inversex2). TBT could hit $50-53. Buy TBT/sell TLT.
Grasso and Kelly said that even without that happening it goes $10 higher. Kelly-"They only have to do one thing right" & it soars :)
Use is especially robust in coins, bullion, solar panels (most use silver paste), by far canceling out the reduction in photography demand. Jewelry and silverware demand is increasing. Medical demad is increasing (silver impregnated bandages are surging). If the mega-rich just increase their demand for silver by 5%, prices could surge into the high $20s or low $30s per ounce to equilibrate supply and demand.
Sentiment: Strong Buy