Show time at 2 pm. as the Fed says "Get Ready To Rumble" as in first rate hike in ten years coming in June. World markets will have a hard time digesting that, even with Pepto-Bismol in buckets.
So now the question is how far does the market drop at 2 pm when Yellen turns into a "Hawk"? Do we see a 200 point drop in market sell off, 300 point drop or more? And is this drop going to be a one day thing or continue to haunt the market as everyone speculates a June rate hike versus a later month hike. I see DOW down 300 points at close but Thursday - Friday action will be critical for a short term trend.
Hey - after 2 pm tomorrow she might even look like a bald eagle. With claws out and sharpened for June rate hike. Spy won't handle that well at all.
Euro heading down going forward since everyone knows Greece won't pay back a dime. And just think how Dragi QE plans will be ruined as Greece threatens to take Portugal and Spain with them when they leave the Euro for good.
But what about the 3rd or 4th cease fire??? Its either more Russian sanctions (now) and more arms to Ukraine so they can defend themselves or just let Putin take over 1/3 or Europe. Sending drones and a few heavy armored hummers from U.S. to Ukraine ain't going to cut it. So no cease fire in Ukraine and Greek Exit by the end of the month. Gee - what a train wreck.
so take a hint and sell your long position in Spy now or watch your meager profits go up in SMOKE. Spy under $195 come Wednesday afternoon and that's being rather conservative.
and you know Obama and Kerry will do anything to sign a (bogus) Nuke deal with the Iranians. Get set for oil in the $30 to $40 range boys. Its coming sooner then you think.
go long JDST boys and also Dust
both set to double as the Fed tells the world next week higher rates coming this Summer.
Yea, we have to deal with some phony numbers this morning and some will say old man winter had an impact on this and that. But after we get through the mumbo-jumbo its back to the Fed and March 17th meeting. When the Fed comes out and tells everyone - June rate hike coming so be prepared for a Massive Market Sell-Off.
So sending Ukraine 200 hummers and cheap drones is Obama's answer to fight Russian invasion? Maybe Obama should at least send some White House secret service agents to Ukraine so those in Kiev feel protected at night.
but letting a few thousand ISIS terrorists cross through Greece and into Germany might have the same effect as the "bomb". Watch market sell off tomorrow as Greece goes ballistic over debt paybacks.
Just my 2 cents but I think all this AH is a head fake. Company is moving in right direction and you have to spend money to grow. Box has solid management and next quarter will show stronger revenue. Time to buy or kick yourself next CC when the stock is over $30 a share.
or is this an optical illusion that has yet to register with the gold market - gold trading?
Can someone explain this. Gold was down big today yet jdst fell through the floor. Are we in a gold phase now where gold go up and jdst goes down and gold goes down and jdst sells off. You hold this sucker for gold drops like today. Some one please call the SEC.
Bulls need to wake up and smell the Fed Rate Hike coming. If they don't they won't have a nose to smell with.
Huge miss but even worse - the cash burn is out of control. The company might last a year (at most) unless it cuts back on spending. When you start seeing lower, lows every day you know its time to invest else where or lose everything.