China is the scariest threat to stocks since 2009. Here's why
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Looks like we might get a little bounce here this morning
Futures +98
May be an opportunity to pick up a few trading shares of SIRI here below $3.76/3.77 area and sell a dime higher?
Regardless, I think whatever strength we see today and perhaps into tomorrow might well evaporate by Friday as traders take off for the long weekend and and lighten their portfolios as they don't want to be caught too long should another surprise come out of China or anywhere else.
@muscle... see this?
Comcast CFO Says Failure Of Time Warner Cable Merger Is “Blessing In Disguise”
Waldo in da House!!!!!!
Waldo, my long Sept Long VIX $15 PUTS are not looking good. Prolly flushed those $$$ down the drain.
I know, the clock is ticking. Today's pop lost a bit of steam for now.Quote:
Originally Posted by user34615145
Volatility is going be elevated (~ above 20) for a bit. I don't think you enough of an impulse up to get back down low enough to where the Sept 15's will start to move and allow you to recover much. You may have to look further out into early Q4 to recover as risk becomes back in vogue off the bottom. I don't think we are there yet.
Right. Gotcha.Quote:
Originally Posted by waldo29
@NJ... nice job on the SIRI penny swing trade. Hopefully you snagged a good amount of shares to add a few grand to your account! Here's to going higher man! :thumbup:
Don't know if anyone posted this yet but these numbers for August came out yesterday.
http://wardsauto.com/site-files/ward...png?1441133760
"Boosted by demand for trucks, especially CUVs, pickups and fullsize vans, the seasonally adjusted annual rate for U.S. light-vehicle sales topped the 17 million-unit mark for the fourth consecutive month in August, the first time that’s happened since 2000. August’s 17.7 million-unit SAAR was a 10-year any-month high, and well above year-ago’s 17.2 million, which was the best for all of 2014. The year-to-date SAAR totals 17.1 million units, well above year-ago’s 16.4"
Nice job NJBONES!!! YEEEHAWW!
Yes thanks. I disagree but I do think that they will be launching a YouTube competitor soon. Hulu is launching an ad free option. Netflix better look over its shoulder.Quote:
Originally Posted by midas360