Its not a question of debt but forward thinking. Gold (though you might feel otherwise) is beaten down and gold miners are certainly beaten up. Gold is now pushing towards new 52 week highs weekly - so watch Gold Miners jump higher. Fed is now in "Major Dove" mode and when gold smells those wet Dove feathers it will sneeze and head over $1500 an ounce faster then you can say ABX, NEM, GG.
or a "Nightmare" to pull investors in to buying oil and then have their legs cut from underneath them. Stupid Russians. First they push to do Iran Nuclear deal which send oil to all time new lows and then they report (bogus) reports about pipe dream oil cuts. Uwti under $2 today or tomorrow. UGH
Yep - Yellen is now her own worst enemy since she had opportunities to move rates up last year. Its now too late with world economies in free fall - so the only direction gold has now is UP.
and then take credit for making the world a better place to live in.
Wonder when Cook retires if he selects another "Gay" candidate to replace him? Consistency is critical in any CEO position especially if a new Apple CEO likes to lubed from time to time.
and I think my salary of 45 million a year salary has something to do with that. Watch Apple take down the market tomorrow as weak forward guidance pulls all other stock down, down, down.
so best to go short now before split - since oil is headed down, down, down. Sub $20 a barrel next month is now a "clear and present danger" for oil bulls. YIKES
Oh where is Steve Jobs when you need him and Sarah Palin (drill baby drill). Oil heading to low $20s as Apple stock heads back to $70 a share. OUCH
Scottrade won't let me short Uwti but that's OK. UCO dropping nicely today and into future.
Because you can see the disconnect (or reality) of how weak oil is since it no long trades with the market. No, no oil is a one way trade down, down, down as we are now down to a few days before oil inventory levels exceed storage capacity. When that happens its game over for Oil may he rest in peace.
Never try to catch a falling knife when its thrown by Iranian terrorists who now can pump oil free and clear year in year out. And with Libya and Iraq about to unload a ton of oil on world markets - you know oil will spill over inventory tanks at any moment.
as long as you let us build the "BOMB".
Good post - makes many here now understand that you don't touch Uwti or Oil with a ten foot pole, much less your pocket book or life savings. And say good by to day trading since its 20 steps down for every one step in oil value. Sure at some point (probably around $15 to $18 a barrel "shorts" will stop shorting Oil/Uwti, but that won't turn things around for oil bulls. Plain and simple the Oil ballon has popped and it will never see hot air again.
as the "Bull" comes back to life. Watch "shorts" run for cover today since the swing will be BIG to the Upside.
You can't trust anyone anymore as far as future forecasting. Bottom line today's employment numbers will push world markets higher well into next week. You will see big moves up next week in Asian markets as well as Europe as everyone forgets the "China scare" and starts buying stocks again hand over fist. Tvix and Uvxy will be cut in half as investors go long and "short" etf die on the vine.