I mean this women comes across like the biggest "Dove" I've ever seen and one has to wonder if unemployment was zero, would she still be pumping low interest rates and possibly more Q.E? Don't get me wrong - I truly believe the Fed needs to lay the table tomorrow for future rate increases, but Yellen (to me) comes across as a meek, take your time, don't push me Fed Chairwomen who might have to be dragged and screaming to the House floor in D.C. before she ever raises interest rates. Oh, well - maybe over night she tries to grow a set, but we all know that's rather difficult for the opposite sex. Until that happens I'm afraid our little Hobbit will simply say she needs more time to see the forest for the trees and will wait another quarter or two to decide if she knows which way in up or down. Obama never wanted to hire Yellen, but he had no choice since the Dems wanted her to run the Fed. Looking forward to another Fed meeting non-event tomorrow and more kicking the can down the long, long road.
Meanwhile, Russia said it needed to boost troops in Crimea - Ukraine's peninsula annexed by Moscow in March. Russian Defence Minister Sergei Shoigu said "a full and self-reliant force" must be deployed in the southern region because of the escalating Ukraine crisis and a foreign military build-up.
Putin does not want peace, cease fire or Ukraine rebel amnesty. No Putin wants world dominance and he's starting with Ukraine and moving for all of Eastern Europe by 2015, Its Hitler Matrix Reloaded
since who wants to be "long" tomorrow with the Fed about to gore the bull. Never fight the Fed, especially since it has warned "higher rate wordage is coming" to Fed policy.
Seems everything around Israel is on fire yet all Kerry does is try to become friends with Iran, so he can try to win the Nobel Peace Prize. Kerry could go down as one of the worst State Department Heads ever.
United Nations peacekeeping forces and support staff have been relocated from the Syrian side of the Golan Heights to Israel. U.N. Secretary-General Ban Ki-moon in a statement Monday said the situation of the U.N. Disengagement Observer Force has “deteriorated severely over the last several days.” The force was put into place in May 1974 on the border between Syria and Israel to maintain a cease-fire between the two countries.
“Arrmed groups have made advances in the area of UNDOF positions, posing a direct threat to the safety and security of the U.N. Peacekeepers,” Ban’s statement said. The peacekeepers also reportedly evacuated their equipment to Israel from Camp Faouar, the force’s main headquarters, located in Syria, near the Quneitra crossing.
Since she will think the market is very comfortable with interest rate hikes sooner versus later. Of course we all know different but Yellen will see the market as accepting her forward guidance as far as raising rates early next year. Best not wish for another green day (longs) or Yellen might just raise interest rates this year. Scary stuff for the bull.
Not sure I'd want to push anything right now that sticks to the NFL. I mean the three letter title is "radio active" and only going to get worse and Goodell resigns and female fans leave the game in droves. Znga's new NFL games has to be the worst time of any new on line roll out game in the history or "roll outs". Think we test $2.50 Wednesday on Fed rate hike warning and more investors dumping Znga.
Know one wants to be "long" Spy heading into Wednesday's Fed warning on rate increases and Friday results of Scottish Yes vote win. Its going to be a double punch to the Bull's gut.
A two-day Federal Open Market Committee meeting ends Wednesday and economists said they are expecting the Federal Reserve will announce some sort of change on forward guidance as it prepares to end its asset-purchase program. Look out Bulls - The Fed no longer likes you and is extremely tired feeding you. Get ready to lose your horns come Wednesday afternoon.
It’s a simple question, but it has enormous implications: should Scotland be an independent country? This week, the people of Scotland will have a chance to vote “yes” or “no,” thus determining whether to remain part of the United Kingdom. Recent polls suggest that the vote could go either way, with consequences that extend from the Royal Bank of Scotland to the royal residence at Buckingham Palace
The optimistic view is that after a “yes” vote Scotland and the remaining UK members would work together to ensure a smooth transition to independence. The pessimistic view is that all hell will break loose. Either way volatility is back and that sucks the air out of SPY.
China in major trouble since government's phony numbers can't hide the fact China Economy in Major Slow Down. Pop goes the weasel.
Does Putin this week cut off gas to half of Europe? And more Russian convoy trucks heading into Ukraine with presents for Ukrainian rebels.
Fed taking the free money punch bowl away from the stock market on Wednesday - 350 point market drop?
Scots want their freedom but don't tell the Brits that. Market could care less about Alibaba IPO on Friday, when news hits that Scotland is leaving Britain and the market correcting 200 points to the down side.
Bulls might not make it to Friday next week, but if they do they will only be standing on three legs and missing both horns.
You might also want to add China Bubble Bursting which might replace Ukraine on front page Monday.
Boom - Monday Market Drop 200 points if not more.
The Federal Reserve will drop its promise to keep rates near zero for a "considerable time" after it ends its bond-buying program, paving the way for a first Fed rate hike in June 2015, a top Wall Street economist predicted on Friday.
Looks like September get real interesting next week as "correction time" inches closer.
Maybe she can hide in Scotland like the little lass she is. Of course after Friday's vote to succeed.
No lorenavedon - you don't get it. A break away region in Spain means Spain defaults on billions in debt. And we all know what little Greece did to world markets a few years back, when they threatened default. Europe about ready to go the way of the dodo bird, but don't tell lorenavedon that,
So do you really, really want to go long Spy heading into a major train wreck?
On September 18th Scotland will vote on whether or not to leave the United Kingdom and break a union that has lasted over 300 years. While it long seemed as though an independent Scotland was only a pipedream, recent polls have shown that a ‘yes’ vote is actually very likely.
The implications could go beyond Scotland and the UK and have drastic effects on the eurozone as a whole, particularly Spain. “The most obvious parallel is with Catalonia,” says Wolf, referring to the autonomous region in Spain that has often protested for recognition as an independent state. Around 55% of Catalans support independence from Spain and the Scotland referendum has fueled new protests throughout Barcelona.
On Thursday, an estimated 1.8 million protesters marched through the streets of Barcelona waving independence flags and wearing yellow-and-red shirts with the phrase "Now is the time" and shouting "Independencia!,"
xtgeminiman - you are dead wrong. Market will run scared next week as in down, down, down. Bull doesn't like what it see in Britain. Mad cow disease will raise it head with Scotland about to break free and send world markets crashing. Then Putin ramps up invasion into Ukraine helping Rebels destroy what ever is in their path. Then throw in Middle East unrest, a weak U.S. President at the helm and a very overbought U.S. stock market and you have the perfect recipe for a "Major Correction". But lets get back together next Friday and see where things are - especially if Scotland wins with a "YES" vote.
Just curious what the see's for tomorrow. My thinking is market might sell off a little due to to much uncertainty on Scotland status, Europe slowdown and Russia's reaction to more sanctions. Of course U.S. market seem to ignore Geo-policital stuff so maybe we just follow our own song.