and we're not talking any $24 to $40 sell off. More like a $100 plus drop with no end in sight. Could happen tomorrow but more likely next Wednesday.
Look out gold bugs. Its going to hurt bad tomorrow morning in not the rest of 2014.
You can't see the forest for the trree presti3. When the budget is passes by the house, it allows the Fed to move closer to tapering. Fed doesn't like govt. shutdowns and uncertainty. so with the House about to approve a two year budget - you can bet the odds increase (big time) for a Fed taper next week or in January. That my friend is very bad news for Gold and GLD.
and we all know the pressure on the Fed is now building big time to stop QE and begin the taper process. Bernie can spin it any way he wants but in reality he will now taper sooner versus later and gold turn into an ugly train wreck.
GLD drops again and again and again. Question now is when will this ETF go belly up and run out of funding? I think that will happen around $30 a share.
Holding Chipotle could cost longs some fingers and toes. Stock looks way, way over bought and set for a massive pull back. Restaurant chains come and go and in CMG case it sure looks like things could slow down big time in 2014. Once the stock break $500 a share it could free fall down - so put your stops in and keep them tight.
Gold sure looks like it going to have a 25% to 40% drop over the next few months, if not well into 2014. No inflation, US dollar strengthening, India restricting gold purchases, and Fed set to taper in December or early 2014. Look out BELOW.
Thanks - Thought so. If the court date had been dragged into 2014 that might of hurt these two airlines financially. Now with settlement talk in the air, it appears US Air - American could be combined by early 2014 (February) and taking on the competition around the world.
Anyone know if US Air and American can sue for damages if we do go to court and the Judge rules in favor of the airlines? Still think a settlement is coming that will be in Airlines favor, but if they can get the Government to cough up big bucks in damage award, both stocks could fly higher.
Well so much for this holiday season. And so much for holding over $500.
Well on one hand we know Apple makes great products. But now we know those products are not going to be produced in mass quantity. In fact we are starting to wonder if Apple will even come close to producing what they say and what date they will actually start shipping. Crazy to say you might be able to buy the Mini a week or two before Christmas. No sales numbers there for this quarter which sucks.
Notice no mention of release date for iPad mini and now many are wondering if Apple might have a major shortage of iPad air and iPhone 5S. How can your project this quarters earnings when you can't produce - manufacture what you said you would. Apple might be facing some lawsuits if they knew during recent earnings report that they would not sell as many products due to limit or scaled back production delays.
Reuters suggesting that an imminent deal between Apple AAPL +1.36% and China Mobile CHL +0.79% will be announced, perhaps as soon as next week. Well that's the kinds of news that makes me glad I hold Apple for the long term. Hope you guys are buying on dips today.
and that's what the board is missing today. Not only will Apple beat but the company will offer great forward guidance. Nokia and BBRY are history. Samsung shooting blanks, especially with Galaxy jump smartwatch. Buying in a holding should be a repeat of Amazon, Google and even Msft. Its a no braner.
good post - volume decent today which tells me buyers coming in for next week's up action. stock could really jump if Apple beats numbers. Especially so with China Mobile deal on the heals of Oct. 28th.
and you will see results in Apple's bottom line as it revenue grows over the next several quarters.
Goldman Sachs's Bill Shope reiterates a Buy rating on the stock and a $560 price target, writing that there were few surprises at the event, “other than some of the company’s pricing changes.”
We believe the new iPads could begin to reinvigorate Apple's revenue growth in the tablet category, and we view the company's increasingly free software model as an important long-term driver of its ecosystem breadth and installed base loyalty. Largely due to the large form-factor iPad upgrade and the company’s higher price points for the Retina iPad mini, our overall iPad ASPs increase and units decrease more modestly. As a result, we believe guidance and out year estimates are biased to the upside, and we believe this will continue to drive a recovery in the share price.
Shope thinks Apple will beat September-quarter estimates, and the focus will be on the outlook offered for Q1. He's modeling revenue of $55 billion and EPS of $13.95, versus consensus of