also read some news on bbc teletext (lol) earlier yesterday: http://www.bbc.co.uk/news/business-34502405
it looks like a setup for another leg down i don't buy this US stock rally - low volume and biotechs haven't moved october 2014 reversal had high volume with biotechs and semis leading
You don't need to do anything, just sit back and watch the risk free money roll in, we got another 1000 points to go on the Dow. It will get there by Christmas.....I GUARANTEE YOU.
The last 2-3 trading days have been nothing but boring...hopefully this is the boringness before earnings season...this whole market has been blah ...the vix is now back down to the 16 level and any more drops in the vix and you can just forget about those wild 100-300 point swings...if anything I have a feeling the vix will steadily drop to 12 and the market will slowly make its way to historical highs but please don't let that fool anyone...the last vix surge went to its highest not seen in many years...so if we get lucky to see the vix drop down once again, load up on vix calls and etfs...
A net loss of nearly $7,000,000,000 and tens of thousands of job cuts ...seems like Deutsche Bank is back in 2008... As for the derivatives market...no one has a clue just how many trillions that market makes up.... hundreds if trillions....I wonder everyday when that bubble is going to burst because when that goes so goes the entire world economy....notice how no one says a word about that market though....shhh....
Im not trading NUGT until under $25... FAZ should get more volatile this week as many bank earnings are due... DWTI was off to the races today...didn't buy like I wanted to...
Yep we have all the makings of an extra large shit sandwhich here. Wonder what the magicians will pull out of their hats this time.