the DOW is heavily overbought and it doesnt havw volitilty , when volitility is not there then people start selling which create a selloff, the advantage of this trade since the dow doesnt move much you wont get short sqeezed , trump will somehow scare the markets.
the china's central bank the PBOC might devalue their currency because last year they burnt 1 trillion in their forex reserves but this year there will be at least 3 rate hikes by the fed this should make the strong this is actually a one sided bet because even if the PBOC dont devalue their currency w will make easy money . have a great day.
AIG misses earnings time to time but i think this this is a great stock it was trading $66 and now it is discounted , i think it should rebound like it always has , in short lesser regulation , repeal of Dodd frank , should boost the earnings power of this company like 2000 - 2006.
the rio tinto stock in austrailia is trading at AUD65.95 then convert it in USD we would get $50 but the rio tinto stock trading in the NYSE is trading at 45.41 instead of 50, go long $RIO and sell at 50
plummeting revenues, failing company,terrible management,and what not, they keep spining off new campanies to try to make things look better short term but not long term, they are also closing stores . this is the short of the century,
