Question now is will the market drop 100 points or 200 points tomorrow? Look for Asia to sell off tonight and Europe in early morning. The BEAR lives
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.
Feye jumps tomorrow on the "fact" that both Republicans and Democrats will agree to increase government spending for Cyber Security Protection. Look for FireEye to get the lion's share of government contracts to protect government agencies from hacks and cyber attacks going forward. Obama just pushed Cyber Security Protection to the front of the line.
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?
And we all know things are far worse in China's economy then reported. LOOK out Below.
Beige book numbers come out this afternoon - 2 pm I believe. Fed will talk up the market. Plus ECB got the Green Light to do Q.E. next week. When market wakes up it will start to recover and possibly close green today. Just the opposite of yesterday.,
and the tone right now is deafening. Or is that the Bull screaming in pain as he starts to lose his horns???
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.
Obama just pumped Feye to the Max. And basically told companies large and small get with new cyber security protection (such as FireEye) or face more hacks.
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.
Self-styled radical leftist party like Syriza now very close to seizing the reins of power in Greece. And once that happens there is no turning back. Syriza won't pay back billions in Euros it owes ECB - IMF and when that becomes obvious - Greece will be kicked out of Euroland and go independent. All should happen within in three months or sooner.
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.