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.
if Yellen has the brass balls to tell the market higher rates are coming. Not of question of if higher rates are coming but when. End of year? Early 2015 (yep) or mid - 2015. In either scenario gold sells off as investors see gold trading well below $1000 an ounce.
even though she will try to calm world markets by saying "rate hikes are coming and that's a good thing". Gold could now see $10 to $15 drops daily or $35 drops weekly. Its sell off time boys and girls.
While Apple might go a little higher on bigger iPhone screen I think Dust will easily double as gold sells off due to stronger dollar and Fed tightening sooner then they wanted. Hard to hold Apple since it now fair valued while Dust looks like a $30 stock in a few weeks or come October.
and that's just the beginning. Thanks to the Fed Gold is going to be the most hated metal for the next 2, 3 years. And this time I think gold falls hard and fast since holders of gold will want out as the so called precious metal falls through the floor.
but even scarier for gold bugs is the fact that the Fed has now warned they are going to raise rates sooner versus later. Yellen will bring gold down another $20 to $30 on Friday when she tells everyone the Fed will raise rates in early 2015. Time to switch sides and buy Dust for up coming gold correction. Dollar going to strengthen going forward as gold heads for sub $1000 an once.
and as we know if the bottom falls out of the gold market Dust won't stop at $30 a share. No way. Dust will set it sights on $50 plus a share as nugget craters.
so best to buy DUST while it still under $16.