Last I checked Morgan Stanley was positioning itself to short the market - S&P. But don't go my word. Just look at after hour trading last night - someone bought 1,700,500 shares of Tvix which now appears to be a great move. The big boys, hedge funds, big mutual funds, Soros, Paulsen, etc. are all shorting the market for a major correction. September is almost here and you know that can't be good for the Bull.
head higher through the rest of the year. Feye ranked number (2) best cyber security company in the world and as we all know the current stock price does not reflect the true value of the company. Stock is way oversold as more analysts rank the stock a buy and a price tag in the upper $40's to $60 range. Enjoy the move up today boys and girls.
Simply because Europe economy in free fall
Russia won't stop after taking over Ukraine
Dow at all time high - ready to Correct
Russia cuts off Europe gas this winter
China bubble is popping - watch out below
Fed out of bullets - Yellen can't beat Putin Aggression
Spy at all time high - heading back to $160 (think so)
Better short then Spy - Short IWM - you will make more money
Lastly, weak President means no one to stand up to bad guys - world stock markets tank
as he not only plans to invade and take over Eastern Ukraine, but all of Ukraine. Anyone going long here is crazy since Putin ignores bogus Russian sanctions and smells Ukraine in his hip pocket by end of year. DOW down 250 points tomorrow guys as Russia plays hardball with Europe.
and hold for the long term since gold is going to get pounded going forward. Panic selling will kick in as investors drops their gold holdings and move on to other investments. Forget Ukraine and Middle East. Its some what of a non event with the Fed front and center to raise rates late this year or early next year. Dust is a easy double from here but I'm holding for a triple move higher since gold could easily drop below $1000 an ounce by Christmas (or sooner).
so one has to wonder will GLD stop around $105 - $110 a share over the next few days/weeks or will it continue to fall through $100 and set a bottom around $60 a share???
WSJ - Gold prices sank to a two-month low on Thursday as worries about higher interest rates and signs of economic strength in the U.S. dimmed the appeal of hard assets to investors. Gold's losses come as most traders continued to digest the fact that Federal Reserve officials discussed raising interest rates sooner than expected at their July policy-setting meeting. A rebounding labor market and tame inflation have raised the specter of the first interest rate increase in eight years, but Fed officials decided further evidence of economic health was required before monetary policy is tightened, according to meeting minutes released Wednesday afternoon.
"The higher potential for a rising interest rate environment continues to be a huge barrier for gold," Mr. Meger said.
Fed will warn of high interest rates in future and will tell everyone they plan to lay out there rate increase strategy in September. Now there not raising rates in September, but the Fed will start the process of walking the dog in thirty days. Best to be prepared for a market sell off at 2 pm, or you might be left holding the bag.
Sop now Mr. Putin has reason to enter Ukraine with his 50,000 troops to save the common Ukraine citizen from the Ukrainian Rebels Putin trained. Its the Putin way - create madness then offer assistance for the madness you created. KGB at its Best.
Now I know Ukraine army supposedly hit the Russian Military Convoy at night so maybe no pictures of damaged vehicles, tanks, etc. But you would think after 12 to 16 hours of day light there would be some factual picture of damage done. If anyone lies in this battle over Ukraine self rule in Russia and Putin, but one has to wonder if we have actual evidence of a Ukraine attack on invading Russian soldiers and equipment. Replies appreciated,
I ask this question - since I think we are now going to break that record. Of course I'll take 10 down days for every one up, but that might be pushing it.
As the current virus outbreak continues in West Africa, a small Durham, NC, biotechnology company is quietly working on a drug that, if all goes well, could become the first Food and Drug Administration-approved Ebola treatment. BioCryst Pharmaceuticals is in - mid stages stages and has yet to test its experimental drug in humans. But its initial results have shown effectiveness treating hemorrhagic fevers in monkeys, and have prompted calls from interested healthcare officials from around the world. The BioCryst drug looks very promising, experts say.
and BioCryst Pharmaceuticals is the only company out there who has a chance to find a vaccine cure for Embola before it spreads worldwide.
Know one will want to go long SPY or stocks over weekend with ongoing crisis around the world. Don't care what jobs numbers are tomorrow - investors will sell their position Friday worried that the market could crash come Monday. Volatility is back in spades now and only going to get worse. That's poison for Spy.
Next fed minutes looks like bad for the stock market and SPY longs. Yellen being criticized left and right now for not hinting at raising rates. In fact she is starting to look weaker then Bernie, and that's scary. Yellen will be forced to step up to the plate next month and admit rates are going higher, Market won't be able to handle that and down she goes.
Putin has to cover up the fact that his Russian soldiers shot down the MH17 Malaysian aircraft. Time for the Dutch to man up and send in some troop to help the Ukrainians take over Eastern Ukraine.
Looks like Argentina Default could bring market to it knees. Greece, Portugal, Span to follow????
OK, but the big question is when does Yellen get off her behind and warm of raising rates sooner versus later. If this short bird like women that looks like she could fall over if you blew on her, going to hint at raising rates in early 2015, or is she to chicken like helicopter BEN to do anything of substance and will stall, stall, stall until its to late to stop run away inflation, run away debt and a total loss of faith in the FED to do anything of long term relevance?