ECB hands are tied until Europe learns the results of the Greek vote. So world markets (especially Europe markets) will see volatility spike over the next two - three weeks or until Greek vote is completed. If Syriza, the radical-left party wins a majority then the house of cards that we call "Euro" will collapse. Buying TVIX going into Greek vote is a smart move. Especially if you buy in under $4 a share. Germany has already told the Greeks (in so many words) to just leave Euroland and take there 3 day work week with them. Greeks have told Germany (in so many words) that they don't appreciate German #$%$ aggression and being held to unrealistic financial standards.
Its all going to be a train wreck of major proportions so now is the time to buy Tvix before it breaks over $10 a share on January 25th and heads for $20. Europe is in disarray and things will get worse as we get closer to Greek election at end of month.
and so we now get weak Q.E. (or weak tea) to address the free falling European economy. Draghi just came back from Germany with his head in his hand knowing he can't do a massive Q.E. bailout. In fact he can do much of anything since Germany told him - "we will not bankroll the broken European economy". Tvix could be over $5 a share going into the Thursday ECB report and if its weak like analyst's are now believing, TVIX could easily jump over $10 a share.
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 $30 a share.
Simply because you can't buy and go long until end of year. And even then who knows if oil will have bottomed. And don't forget Kerry wants the Nobel Prize for signing (awful) Nuke deals with Iran, but when that deal gets signed and approved by Obama Oil drops another 20% on a flood of new Iranian oil hitting world markets. Only question I have now is will UCO and USO do a reverse split sometime this spring or early summer since both will be trading very close to 1$ and 5$ respectively.
but in this case this little Mouse will bring a Huge market correction to world stock market over the next several days - weeks and Greece goes out (default) swinging in every direction. Its going to get Ugly Boys
No - actually Thursday morning around 8:30 am (ECT). News will break before market opens which will make trading extremely difficult since you can't use a stop. I'm going to wait until I see the Euro size of the Q.E. and who will shoulder most of the "risk" factor. Since everything happens in premarket the big boys will get the news way before you and I and have their bets in place before we hear the news. That's a concern on my part since the market can swing so rapidly that any position (on the wrong side) can be a costly mistake.
Give it time Bro - its takes a while for bad news to spread and then sink it teeth into Bull meat. Greece just walked away from the table and they are not coming back. Its game over and now we start count down to "big market correction".
sometime around 10 am - Europe will pull all world markets way, way down.
“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.
So the Greeks walk and all of Europe wonders if Portugal, Spain, Italy, Ireland and Belgium will follow. That loud groan you hear are the wheels of the stock market locking up in anticipation of a major sell off tomorrow as the end of a 5 years market rally stops tonight All coming to end Tuesday morning and it will be UGLY as the Bulls run for cover before they lose everything.
because come August the stock will be trading 100% higher then today's share price and climbing. Buy low sell high people. And right now Znga is a "steal" under $3 a share.
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 here are two reason why (short term). Draghi falls on his face come Jan. 22 when he offers very weak Q.E. in a failed attempt to save Europe - Euro. Draghi does not have the support of Germany and Germany alone is the only country in Europe above water. Merkel rules - not Draghi. Second - on January 29 Greece tells Germany to stick the Euro where the sun doesn't shine and Germany says "So long Greeks - we certainly won't miss you now that your leaving Euroland for good". Both events will shock the market and you could easily see a 500 point market drop on January 22 and then again on January 29. Spy headed for sub $150 by end of month and could go way lower heading into a very volatile 2015.
Let the Free Fall begin.
or should we just say Greece flushed it down the toilette. World markets set for a "Huge" correction tomorrow knowing that Greece is going to back out of Huge IOU's.
Tvix should spike to the max tomorrow. How high I don't know, but its set up for big volatility moves and when you see Greece walking away from table tonight you now tomorrow's stock action is going to be volatile.
But don't tell Musk that - he already knows - thus all the garbage about missed production cycles, weather impact and serious China problems. The market will smell out declining revenue and future missed quarters, as the stock falls. Tesla was a "hype" stock but when you see oil dropping, better cars to buy under $50,000 and limited driving distance before battery dies - you know the company is in TROUBLE.
Down she goes boys - and she just might go down HARD.