Oh sorry, I forgot the above really isn't the News. Its the "FED" and penciled in rate hike in 90 days or less. Gee never thought a 68 year old women with very gray hair would put Putin and Tsipras on the back burner (so to speak). Never fight the Fed - especially in front of a oncoming Rate Hike.
and it could be a very long hot summer for the Bulls, since they haven't seen a correct for six, seven years. Uvxy could easily be over $80 a share by end of June if Greece defaults and then we have the Fed up to bat and that's when Uvxy will really flies higher since Yellen said "rate hikes coming and there's nothing I can do to stop it".
Nope save the champagne for end of month when we are flying over $2 a share heading for $3. Market can't handle the "FACT" a Fed Rate Hike Hits in September and the bogus House of Cards comes tumbling down.
as if the market is building up for some Major Contraction. Is this how it ends? Market dropping 60 - 80 points daily and then the "BIG FLUSH" with a 15% - 20% correction? Sure looks like the Bulls are headed in the wrong direction - as they get closer to the Chicago Glue Factory.
and you can smell the correction coming closer by the day as investors put their finger over the "Sell Button" and get ready to head out of Dodge.
Price in - Ha. And I assume if Portugal and Spain also leave the Euro that's also priced in. Where do they get these (loser) posters?
My understanding in Merkel and Schäuble will have a front row seat. Seems they want to be really close when Greece goes up in Smoke. Wonder if Putin will join them?
In many ways "shorts' have kept Feye depressed over last 18 months, Now with the stock ramping higher "shorts" will cover quickly possibly to never return again. $60 is no on my radar for Friday and after that the Sky is the Limit.
You always have to follow what those "talking heads" say and do. So please don't go long Spy heading into a very ugly Greece default. Talking heads say you could see Spy drop to $160 on news Greece is leaving the Euro (for good).
bush.wacker been smoking the bush. Thinks Greece is solvent, ready to lend Germany money and cut pension by 50%. Bush.wacker ain't the brightest light bulb in the house but he can type (with two fingers).
Hard to get Stim when Bubble Pop takes everyone down with it. China been playing with phony numbers for years and now its time to pay the piper.
so get out the hot butter and your bib. Could be a real sell off tomorrow as investors realize June is going to be month for a very sizable market correction.
European Union officials delivered a blistering attack on the Greek government at the G7 summit in Bavaria. Juncker, perceived until now as an honest broker in the crisis – taking a softer approach than the Germans, who are viewed in Greece as the architects of austerity – has rarely been seen in such an irate state, sources close to the EU in Garmisch-Partenkirchen said. They warned that Greece might have lost its closest ally in its long fight to secure a rosier deal.
Some investors never can grasp reality. Especially Bulls long in the tooth that were dropped on their head in infancy. Correction starts today and picks up speed to the down side as we approach Greek default, Russian invasion into Ukraine and Fed Rate Hike September or earlier.
Raising Interest rates and rising Volatility will send tvix & uvxy into the stratosphere. And its about time.
so which one would you really want to get into be with. (Drum Beat) Neither.
Market drops 200 plus points knowing the fed rate hike knife is very sharp now and ready stab either August or September as Rake Hike Time.
The Associated Press has learned that the Obama administration is scrambling to assess the impact of a massive data breach involving the agency that handles security clearances and employee records. A congressional aide familiar with the situation, who declined to be named because he was not authorized to discuss it, says the Office of Personnel Management and the Interior Department were hacked. A second U.S. official who also declined to be identified said the data breach could potentially affect every federal agency.
The White House was considering a public announcement of the breach Thursday night or Friday morning, the second official said.