New lows!!!!!! I think were going to get a quick turn around in oil before falling again...... Got gas the other day and paid about $2.47, that same gas was $2.25 about 3 weeks ago, funny thing is oil was back near $44-45 a barrel last week, now oil is down to 2009 lows today, I'm going to check back and see if they drop it now to $2.15-$2.20, I highly doubt it as it will take oil below $40 to get it down below $2.20...prices always move up quicker that they fall when it comes to oil and there is always an excuse why thats the case. U.S. crude fell to a six-year low below $43 on Monday as global inventories rose and negotiations progressed toward a possible nuclear deal with Tehran that could allow more Iranian oil exports. Western powers are hoping for concessions from Tehran that could help clinch an agreement in nuclear talks this week after the United States and European powers voiced a willingness to compromise on suspending U.N. sanctions. U.S. crude fell to $42.85, its lowest level since March 12, 2009, before rebounding to trade down $1.71 at $43.13 by 11:30 a.m. EDT (1530 GMT).
Just bought small position in UWTI at $2.00 to average down, holding close to 1000 shares, nothing to crazy....
Found another market that prints free money from a low of 11,193 on March 4th to over 12,203 today.... DAX (^GDAXI) -XETRA Watchlist 12,203.49 301.88(2.54%) Its up over 1000 points in only 8 trading days Mar 13, 2015 11,845.90 11,903.33 11,744.93 11,901.61 101,741,700 11,901.61 Mar 12, 2015 11,795.91 11,830.14 11,754.90 11,799.39 116,256,000 11,799.39 Mar 11, 2015 11,531.55 11,822.53 11,531.55 11,805.99 0 11,805.99 Mar 10, 2015 11,555.97 11,577.75 11,402.67 11,500.38 0 11,500.38 Mar 9, 2015 11,510.35 11,586.94 11,461.86 11,582.11 0 11,582.11 Mar 6, 2015 11,513.89 11,600.37 11,495.20 11,550.97 0 11,550.97 Mar 5, 2015 11,427.64 11,532.82 11,409.05 11,504.01 0 11,504.01 Mar 4, 2015 11,317.24 11,390.38 11,193.30 11,390.38 0 11,390.3 absolutely zero fucking risk!!!!!! Z E R OOOOOOOOOOOOOOOOOOOO R I S K
Whats the central bank going to do when corporations start issuing profit warnings. Lets see, buy up the sp500 futures overnight, that's the usual strategy.
Missed it....closed at 224 instead of my 225 prediction.....markets are ready for historical highs this week....I think the market already knows yellen and the fed aren't raising rates in 2015 and they will keeping the word patience in their statement come Wednesday which will rally the market hundreds of points like today......the fed will bow once again to wallstreet this week.
No worries yet again ..... Nikkei another 15 year high tonight up 164 points ...almost up another 1% to 19,410... Tomorrow the European markets will be up another 1% + thanks to QE....and then our markets will be up again and by Friday it will be another up week of at least 2-3% worth of gains......this is the greatest risk free global stock market in the universe. No risk and all reward.