Check out the attached one year Chinese Index chart. It is not that bad. Why we cannot expect a flat year for a market? It is not even flat now. it is up over 60% in a year? What is the rule? Should we expect the market go up 200% every year and if it drops 5%, we should cry and ask for the government for help? That is because of all these risks you cannot get a CD over 1%. No risk, no return. if you put 100K in your account and it goes to 200K and then drops to 160K, you should kneel down and thank God for that return.
I read that. It says anyone with over 5% ownership and not a regular investor. It still does not make sense but you should have mentioned that over %5 ownership in your statement.
Attached is DOW future 5 min chart. DOW closed almost the low of the day but it did not hit the low of the yesterday. Interesting to see what will happen tomorrow. My bet is that on Friday close (not sure about tomorrow) market should be lower than here.
Wow, markets fall a couple of points and every one thinks it's a buying opportunity, i could see a 5000 point sell off but come on.....pathetic Cramer: Buy, buy, buy! Rare opportunity right now Abigail Stevenson | @A_StevensonCNBC 3 Hours Ago Amid the drama that the three-hour halt of NYSE floord trading caused, Jim Cramer knows nothing makes investors more uncertain about their stocks than the knowledge the system where they were purchased failed to work. And while Cramer believes the NYSE was not hacked, he was not comforted when the president of the NYSE Group, Tom Farley, described Wednesday as a "bad day." But if it weren't for the trading halt, investors would have seen the same issues repeated on Wednesday. Europebarely produced positive results, and Cramer suspects the Greece situation is on the verge of resolution. The Chinese implosion finally hit home as well, and it finally was clear that the country is in a downturn. Essentially Europe is stalled and China is headed down—not good news. "You know me, though, there is always a bull market somewhere. So excuse me for thinking anything positive after a session when gloom ruled the day…but did you notice what wasn't talked about?" Cramer asked. The one thing not talked about on Wednesday was theFed. Adam Jeffery | CNBC The Disney Store in Times Square, New York. It was just two weeks ago that the biggest issue on the markets was when the Fed would raise interest rates. However, would the Fed really want to tighten now when China could be crashing, oil is plummeting and iron is down 16 percent in one week? Most importantly, if the Fed were to raise rates now, it would cause the dollar to soar and thus crush any hope for exports strengthening in the U.S. So if the Fed puts a rate hike on hold, Cramer anticipates new buyers will come in and gobble up stocks that offer solid yields. After all, if rates aren't going higher it means the search for yield is back on the table. Cramer thinks this is why buyers hit the market on Tuesday looking for bond market equivalent stocks such as REITs, utilities and consumer packaged goods. "These kinds of stocks have been under pressure for months as the inevitability of the rate hike dawned on us. With the Fed raising rates out of the picture, they can begin to rally again," Cramer said. Even the FXE, which is the ETF that measures the strength of the euro versus the dollar, was in the green on Wednesday. That means for once the dollar did not rally. So with the euro stabilizing, the Fed on hold, low rates and continued growth in the U.S.—Cramer sees a perfect storm brewing to buy stocks. ---------------------------------------------------------- Read more from Mad Money with Jim Cramer Cramer on NYSE halt: We were warned Cramer: Are we headed for worldwide recession? Cramer: $30 oil could be around the corner ---------------------------------------------------------- The "Mad Money" host recommended using the broad-based downturn to buy the stocks of high quality companies at prices that you like. This volatile market could bring a rare opportunity to take advantage of. In particular Cramer has his eye on Disney, as it is under pressure from the opening of Shanghai Disney. In his opinion, this is why investors are in the market. To buy stocks of high quality companies at cheap prices! So it is time to do some serious buying into weakness, especially since it looks to Cramer that the Fed will not be able to raise rates this year.
Wow YM UP 100 points on 8000 lots amazing. I had a feeling this would happen after they held it down at the close, es UP 10. LOOKS LIKE A HIGHER OPEN ON WALL STREET...this will be the first thing will hear in the morning. I will post the link.
I don't trade futures but I use that possibility to trade other things. In this case, I would prefer to sell PUTs. Like selling SPY next weeks PUT for the strike price of 5% lower from here. My strategy is to trade safer and make small money but do it every week. I believe only because of volatility this week, you can get good premiums. Edited: And most of the time it makes sense just to do nothing if you are not sure and have doubts. We don't need to trade everyday.