Stock Market Crash in 3 – 2 – 1
By The Greek:
I caught a lot of criticism when I said a stock market crash was imminent in March. The market celebrated Russia’s annexation of Crimea because it expected Vladimir Putin would stop there. However, since then the same issues that mysteriously arose in Crimea also surfaced in Eastern Ukraine. Russian media broadcast warnings to troubled Ukrainians, telling them that the new government in Kiev were neo-Nazis and had plans to segregate them. It is propaganda driven by the former KGB officer atop the Russian Federation. It has stirred fear, and has Ukrainians doing the damage themselves, though with a little help from well equipped and organized Russian commandos. And if Eastern Ukraine does not fall through referendum, then Russian troops are ready to roll right in and make it all good. You can expect those troops to arrive once the referendum is sold and implemented. But will Ukrainian forces and NATO just sit idly by and let a big chunk of Ukraine fall away? I suspect not, so sell the SPDR S&P 500 (NYSE: SPY), SPDR Dow Jones (NYSE: DIA), PowerShares QQQ (Nasdaq: QQQ), and consider buying the SPDR Gold Trust (NYSE: GLD), Market Vectors Gold Miners (NYSE: GDX), iShares Silver Trust (NYSE: SLV), Direxion Daily Gold Miners Bull 3X (NYSE: NUGT) and VelocityShares Daily 2X VIX (NYSE: TVIX). I think you’ll also enjoy my report: Stock Market Crash is Imminent – Part II: How You Like Me Now?
Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.
I caught a lot of criticism when I said a stock market crash was imminent in March. The market celebrated Russia’s annexation of Crimea because it expected Vladimir Putin would stop there. However, since then the same issues that mysteriously arose in Crimea also surfaced in Eastern Ukraine. Russian media broadcast warnings to troubled Ukrainians, telling them that the new government in Kiev were neo-Nazis and had plans to segregate them. It is propaganda driven by the former KGB officer atop the Russian Federation. It has stirred fear, and has Ukrainians doing the damage themselves, though with a little help from well equipped and organized Russian commandos. And if Eastern Ukraine does not fall through referendum, then Russian troops are ready to roll right in and make it all good. You can expect those troops to arrive once the referendum is sold and implemented. But will Ukrainian forces and NATO just sit idly by and let a big chunk of Ukraine fall away? I suspect not, so sell the SPDR S&P 500 (NYSE: SPY), SPDR Dow Jones (NYSE: DIA), PowerShares QQQ (Nasdaq: QQQ), and consider buying the SPDR Gold Trust (NYSE: GLD), Market Vectors Gold Miners (NYSE: GDX), iShares Silver Trust (NYSE: SLV), Direxion Daily Gold Miners Bull 3X (NYSE: NUGT) and VelocityShares Daily 2X VIX (NYSE: TVIX). I think you’ll also enjoy my report: Stock Market Crash is Imminent – Part II: How You Like Me Now?
Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.
Labels: Market-Outlook, Market-Outlook-2014-Q2
posted by The Greek | 2:12 PM
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