Jack sure knows how to treat his employees. Especially those with stock options that are now worthless. Wonder if we see a surge of Baba employees wearing fake rolex watches and holding fake Apple iPhones???
and takes Baba back to the mid $60's. Today was a selling opportunity if you bought in over $68 a share. Could be last time we ever see $70 again, since the short and long term trend is way down.
so you know Europe and U.S markets will free fall tomorrow. Time to go long Gold and short Emerging Markets if you want make a dime for the rest of 2015.
Even Jack Ma will be dumping his shares since who want to hold week after week with more downgrades coming and more missed estimates. Look for Baba to offer extremely weak guidance at next CC since China Economy is about to go "Bust".
China Meltdown, Greek Elections, Russia penetration into Ukraine and Slowing U.S. economy. Time to load up on Jnug and nugt. Both going to double over next few weeks.
That's why gold is rallying - Fed will not tighten thus gold goes Higher. Market closes down 80 points and open Major Green tomorrow.
Only question now is will China kill the "Bull" or the Fed. I'm thinking both since Chinese are tired of eating dog and the Fed is tired of printing play money. Look for Uvxy over $50 by end of Month.
good move but uvxy, tvix are not moving today. Strange since looking out a month or two Volatility will obviously pick up. You can't tell me September/October are going to be good months for the market since the Fed will be in play. Dow down 100 points and these boys still Red - not good but we should see a spike higher this afternoon and into close.
and is sad because there is nothing Yellen or the Fed can do about it. Could Illinois be next to default?
so wait for Obama and Dems to start preaching Puerto Rico need a 100 Billion dollar bail out by end of September. Just like Greece but way, way closer to home.
Suarez said the commonwealth only had enough cash to keep operating until November if no additional measures are taken. Credit agencies Moody’s and Standard and Poor’s have said they would view non-payment of the bonds as a default. Bond-holders are expected to file suit in San Juan as early as Tuesday.
Cesar Miranda, the Puerto Rico Justice Secretary, told Reuters that the government has been preparing to defend itself against claims.
No me - U.S. open-end municipal bond funds own more than $11.4 billion of Puerto Rico's debt, while hedge funds hold about one-third. Morningstar said investors likely face more volatility and cuts to their investments.
"Puerto Rico is in very deep trouble," it stated. "It's clear that this is setting up to be a long and complicated ride down."
Dude the only thing up is your 2 inch woody which is being rather generous. Asian markets already way down in pre-market, while egg head Cramer is calling for a massive market sell off this week. Go back to dream land and your android sheep.
Obama needs to get his head out of his behind and do something to let the Chinese know they are not going to get away with destroying the U.S. computer network system. Its time to put up or shut up Obama. Either go down as the President who approves of Iranian Nukes, Chilna homemade islands in China Sea and Russian take over of Ukraine, or get a SET and use U.S. muscle to achieve world wide peace.
“We need to disrupt and deter what our adversaries are doing in cyberspace, and that means you need a full range of tools to tailor a response,” the official added. The US Justice Department needs to take legal action against Chinese individuals and organizations believed responsible for the data theft, just as it did last year when five officers from the Chinese military were indicted on a charge of the theft of intellectual property from American companies.
for an easy double as Russian economy craters on falling oil and falling ruble. The Russian Bear is about to take a very nasty haircut. And is scalped.
I sold also. Though Sept., October are far off it sure feels like a Huge Correction is coming this month, if not next. Tesla will free fall if market sells off since its stock is so high. Rather sell and buy back sometime early next year.
Agree and we are now approaching $260 in PH. Tesla has to expand to exist and with the major setback in China it unclear now if Musk can grow the company abroad and in the U.S.