over next week. And if Greece actually does default Spy could be trading in the $140 to $150 range. Its going to ugly boys so please don't go long Spy or you could lose everything in the "flash of an eye".
Sentiment: Strong Sell
and with those odds its best to stay away from Spy unless you want to lose fingers and toes over next few weeks. months.
my old Viet Nam uniform and you agree not to nuke Israel until Obama and I are out of office. Is that Fair?
OK you want more - OK then. Take my wife since she hardly sees me anymore with all these late night meetings overseas. We've grown apart over the years and I'd rather have her living in a terrorist country like Iran versus in America where our President thinks every third world country should have a Nuke and a Muslim following.
Stocks are lower on Wednesday and the high-flying biotech sector is leading the way down, with the iShares ETF that tracks the sector falling more than 3%. And as the sector has weakened over the last several days, this sell off is starting to look at lot like the sell off we saw in the sector last year.
In fact, from late February through mid April of ‘14, the Nasdaq Biotech Index gave up all of its gains from the first two months and was even down on the year for a brief period, falling a total of 21% But analysts now feel this recent sell off will be way bigger on the down side.
open tomorrow at $330. IBB over last month went up way to fast and now its pay back time. Investors dumping Biotech stocks knowing a Biotech correction is a hand all of which could send IBB below $200 a share faster then you can say "Wipe Out".
should test $339 tomorrow. When this thing starts moving on the down side, it will move fast and hard. 7% to 10% daily drops could be the norm as everyone heads for the exit at the same time. Best to cash out of IBB now or watch your profits disappear in days and weeks a head.
in the very near future.
Also heard DOT could have an earlier release date then expected. Everyone knows Znga has a "winner" on its hands with Dawn of the Titans so more reason to come out with a release date sooner versus later. Oh, and I have not heard of many bugs in this new game but if so - Zynga and Smart Phone makers will make adjustments. Buy low - sell high guys.
Stock way undervalued while demand for new games could be very high.
and certainly not due a penny until it bends over and takes its medicine. You can't keep asking for free money year after year with no intention of every paying it back. Question is does Merkel get this or does she think Greece needs a third or fourth chance while Putin takes over 1/3 of Eastern Europe?
as everyone heads for the exit at the same time. China economy slowing as BaBa stock hits new 52 week lows, week after week, after week, etc.
right after Yellen says "Who Let the Dogs Out" Tuesday afternoon. Whoops I meant "who let the summer rate hike out".
Truth - Good Call. Tvix should be well over $2.10 a share at open and as everyone knows Massive Volatility will spike today and tomorrow before we get Fed news at 2:30 p.,.
Going to be another down day for the DOW as we get closer to a Yellen rate hike. Only question now is - when does panic selling kick in and Spy head for double digits?
sure, sure. That's why they are going to have to do another offering and push the stock into single digits. Stock now $17 in after hours heading for $16. OUCH
so that's why the stock is dropping like a rock after hours. For every dollar the company makes they spend 10 dollars. This can't keep up or the piggy back goes empty sometime next year. Scary stuff if your long BOX.
So my question to Bulls is, "are you color blind or just plain stupid".