Sorry dude - When Greece goes down it takes all world markets down with it. And when Spain follows Greece's exit Spy drop to double digits with no floor in sight.
sometime around 10 am - Europe will pull all world markets way, way down.
Germany just kicked Greece in the family jewels and now Greek statues all over the country are fragmenting.
“U.S. crude oil inventories are at the highest level for this time of year in at least the last 80 years,” the EIA said in the report. There is so much of the black stuff floating around, you can't give it away for free. Oil continues free fall into upper $30's.
The ECB's statement effectively means that Greek banks can't post Greek sovereign bonds as collateral to be used in the ECB's monetary policy operations. In plain English - Greek banks are now officially "BROKE".
and Spy longs will certainly hate that. As is $160 coming in less then 25 days.
The Greeks are playing a game of see me now, but don't see me later. Greek Finance Minister striking out getting IOU's throw out or reduced. New Greek government doesn't really care since they ran on wiping out all debt pay back or going their own way. At end of month Greece defaults, says they are better off with out Europe and walks away from Euro. Its going to happen.
since market realizes another HUGE oil inventory build report coming. Everyone pumping oil to the max in dead winter. And China, Europe and Japan economies slowing to a stand still. Bad for oil consumption and bad for Big oil companies.
Market going red - oil will go red. You will see more big oil company downgrades coming this week and next as oil is projected to drop to high $30's. Saudi will get selling oil at max volume and that won't stop for months if not longer.
Don't get suckered into go long oil with all oil companies this week reporting massive losses and China economy going down the drain. Another big inventory build report coming as oil heads down to low $40's.
and for some odd reason the new Left Wing Greece government seems to like Rubles now. Could Putin make a surprise visit to Athens when the Greeks leave the Euro???
Buy the dips guys. You will thank me later when this is trading over $30 a share and climbing. And
Box sure isn't a burger and hot dog company. Its a future Fortune 500.
as hundreds of other Chinese stocks sell off in mass volume. Panic selling kicking in since every world economy is in major trouble - other then U.S. But with higher rates coming U.S. market set for "correction".
50% of BaBa products sold are fakes or imitations. Stock heading down sub $50.
See a trend forming??? I do. Blood red tomorrow.