come June. But if you want to see Spy below $190 just hold until March 17 - 18 Fed meeting when the Fed removes "patient" wording as says "get ready rate hike this summer". Spy only knows one direction now - DOWN.
and watch the stock open over $100 on Monday knowing the Chinese Government was out of line with their alleged Baha forgery sales claims.
Alibaba Group Holding Ltd. claimed vindication on Friday in a dispute with a Chinese government agency over alleged sales of fakes and other misdeeds on its sales platforms, after agency officials said the two sides would work together to stamp out counterfeit goods.
Of course I might not be around to cash in my chips, but that's been par for the course.
Should the rise of conflicts across the Middle East and Ukraine serve as a warning sign that something much more dangerous is approaching? According to Jim Rickards, the CIA's Asymmetric Warfare Advisor, the answer is yes. In a startling interview he reveals that all 16 U.S. Intelligence Agencies have begun to prepare for World War III. Making matters worse, his colleagues believe it could begin within the next 6 months.
Wonder if this report hits the news tomorrow?
or go short.
and we all know Spy hates Volatility. So go long Tvix tomorrow because its an easy double by Friday and run away from Spy as fast as you can.
because it knows Volatility is coming back in spades next week. Lots of train wrecks coming and we all know the Fed is getting closer to a rate hike in May - June. Market won't like the smell of that nor the Greece Default coming.
Yes - Tesla is sure looking like the Titanic now with one difference. Musk certainly won't go down with the ship since he has to survive to continue making up excuses for his company's missed quarter.
and the Euro as we know it could start crumbling next week. Spy headed for sub $160 soon,
The world's worst portmanteau is back: Grexit. That's short for "Greek exit," as in Greece leaving the euro. And it's once again a possibility now that the left-wing, anti-austerity party Syriza has won power in the latest elections.
So best to short spy or take your profit now. When Greece runs out of money its game over. Greece's government has about a month's worth of cash left. Maybe only three weeks, in a worst-case scenario. That's according to sources inside the government who spoke to Bloomberg.
Doesn't look good for longs since the stock could easily open $180 or lower tomorrow. Musk just showed a huge miss.
Seems January stock market sell off was a sure sign of worse things to come. Now we have "official news" that the Greece - Eurogroup talks has collapsed and with that news Volatility spiked tomorrow as Tvix pops over $3 a share and sets it sight on $5 a share by Friday. Greek Exit is all but Assured Now.
and possibly touches $30 a share when we get another bad jobs report followed by Worldwide volatility jump. Its coming sooner then you think. More oil layoffs, more out of control U.S. debt, more Russian aggression in Ukraine - Eastern Europe, etc. Gold going higher so get on board now.
Watch Feye fly higher as "shorts" continue to cover in panic as the stock finally rises from the ashes. So long $40's this week and hello $50's next week. It's coming
Starting to wonder if Intel now becomes Apple's main supplier of chips, cpu's, processors, etc. Sure looks like the two companies are getting in bed together.
so are you buying or sitting on your hands. Gold dropping as we get closer to Yellen speech this afternoon - where she says "Rate Hike Coming" so be prepared for a massive gold decline.
You now have to Green Light to buy Tvix hand over fist.
CNBC - Investors should be prepared to see a more hawkish Janet Yellen than in the past, two analysts said Tuesday. "I don't believe we can ultimately put Yellen in the dovish bucket. She's a very pragmatic chair, and she's been moving to a centrist position for well over a year now," Jennifer Vail, CIO of U.S. Bank Wealth Management, told CNBC's "Squawk on the Street." "I think the markets might be expecting too dovish comments coming from the FOMC meeting this week."
The Federal Open Market Committee began its two-day meeting on Tuesday, with investors expecting the Fed to drop the word "patient" from its statement on Wednesday, thus paving the way for a midyear rate hike. Drew Matus, UBS' deputy chief U.S. economist, in the same interview agreed with Vail. "In her past iterations, she has not been as dovish. People tend to forget Janet Yellen tends to adjust to the role she has, and the role she has now is the leadership role. I think we're going to see something we've never seen before out of her and its going to send markets down."