One for the record books.
Position appropriately with that FACT always in mind. News is irrelevant, facts meaningless.
I've heard one of the reasons the market ALWAYS goes up on Tuesday is because Janet Yellen never works on Monday's.
If you don't currently work for Obama's press team, you should apply for a senior position tomorrow, summer job of course, just after the S/P goes position after Europe closes.
And I'll add, May 20, 2015 1: 5 Stock Split moved the price from $8's to $40's. After the VIX crossed into the 30's this POS had climbed about into the high $40's to low $50's, about a ten-buck rise, hitting the high $60's for all of 5 minutes. So, from May of 2015 it added $10 bucks over 8 months, and now you think it will add 100% on confirmation will still in a 'recovery' after nearly 8 years and a 'no deal' on an oil freeze until June. Well, YOU are the type of person ProShares had in mind when they created this scam, that I'm 100% sure of.
No, more like it was impossible to see it move from 61 to 17's.
Before or after it recovers?
LESS THAN EXPECTED, and OFF THE HIGHS.
Update: Japan is in what is commonly referred to as "falling into the abyss", aka, economic meltdown. Based upon previous such events, the U.S. Market usually soars. Provided the BUTT-BACKWARDS THEME is still in play.
for the 7th straight month which has never ever happened without the U.S. entering a Recession ... So, I think we can all fully agree, the Dow is going to soar, 18,500 to 19,000 is now a very reasonable 2016 target. Makes sense, right? Would not surprise me to see another 600 or so points added new week to the over 2,400 added since February 11th on such horrifically bad news.
The BOJ owns more stock than the private/public interests. A major correction could bankrupt the BOJ.
essentially to $40's without a Reverse Split, in other words a 100% move-up from current levels, as in the period prior to the Feb 11tth rise of move then 2,400 points on the Dow and nearly 300 on the S&P. Just so everyone still holding from the pre/collapse levels understand.
along with ... Better-than-Expected and Off-the-Lows.