and by noon tomorrow I'll know if I should bail or buy more shares and hold over 3 day weekend. Still think Asian markets and more so European markets sell off tonight and into the morning. U.S. should follow with another down day. Draghi I believe will cut rates next week in Europe but I don't see that as anything significant. What I do see as a game changer is Russia now inside Ukraine and fighting along side Ukrainian rebels. That, along with continued turmoil in the middle east should roil world markets going forward. But I'll have a better picture tomorrow - short term trading wise.
Timing is everything but I do believe the market is over bought and volatility will come roaring back over next several months.
Oh where is Churchill when we need him? Hitler rises from the grave as Putin as Europe braces for major confrontation.
So what is our President going to do? Ask Hillary for assistance since just a year or two ago she said, "Putin Please Hit the Reset Button" as in good times for all. What a joke Hillary is.
and these estimates are conservative.
and to add to that September right around the corner, Putin now all in (invasion wise) into Ukraine, Europe economy in free fall with more and more talking heads saying U.S. stock market heading into Major Correction territory. Best to exit your long Spy position very quickly and possibly buy Uvxy before it doubles.
with Putin ready to put the pedal to the metal in Ukraine. Question is will you be long Tvix when it pushes past $10 a share and heads higher, as Putin's tanks head for Kiev.
and Marie Antoinette said "Let them eat cake". Now Putin says "Let them eat ice cubes". Is this anyway for a 5'7" Hitler to act?l
That tells me Volatility is now a very strong undercurrent just beneath this propped up market. When you see Uvxy and Tivx trading green when the DOW is up several days in a row - its could be your signal to go long since the market knows one little spark some where around the world and the whole deck of cards (Market all time high) could come crashing down.
The carnage seems to continue unabated and nothing (even made up rumors by Raymond James) can stop the FireEye decline. When you have a company that is losing money quarterly, over staffed, under managed and a declining stock value when the market has jumped 1000 points - You Know FireEye is an out and out disaster. See you all at $26 today or tomorrow.
So much for Obama's sanctions. Stock Market set for a HUGE sell off when it realizes Putin ins Hitler in disguise and he wants way, way more then just Ukraine under his thumb. Watch Europe markets crash tomorrow on news that Putin's tanks and troops are now well inside Ukraine and making plans for Belarus, Baltic States, Poland and Czech Republic. Time to sell Spy or play it short since its going to drop under $170 when Putin says - Ukraine is now under attack.
the main question has to be asked is how the DOW can shoot up almost a 1000 points over the last few weeks yet FireEye trades down each day or trades flat like today. FireEye just a few dollars above its 52 week low yet the market is up another 100 points today. Yes there are serious problems with FireEye, and investors know it with the stock trading down, down, down.
"We think in the next few months we'll get more downward pressure on gold," Matthew Turner, a precious metals analyst at Macquarie Securities told CNBC Friday. Turner said that speculators follow Fed policy closely and were willing to buy gold as the price rose but accentuated the fall when the Fed's policy suddenly changed in 2013.
John Meyer, a mining analyst at brokerage SP Angel, agreed and believes that the weakness will persist for gold. He expects the commodity to be range-bound for the rest of 2014. "Yes gold is heading south for now," he told CNBC Friday. "And it could fall for sometime since the Fed will raise interest rates sooner then they thought".
And this could be your time to buy Uvxy and go long since the market is ignoring higher interest rate and not seeing the forest for the trees. Uvxy though know the Fed is going to have to raise rates earlier they they thought. End of year or early 2015. When reality hits and the market wakes up to the smell of higher rates, Uvxy will double in 24 hours.