The oil names were holding up well up until today. The commodity finally hit the $50 level, and by the way a bunch of these names are trading, I would not be surprised to see oil under $50, and soon. The VIX is zooming to the upside and now has a 2 handle as the fear index gets into the 20s. $SLV, silver, is holding up the best, along with $TLT, bonds, up 2.5% and 1.16% respectively. Here are some other industry movers this morning:
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Individual names like $GPRO and $MBLY are showing good relative strength here while the market continues to hit new lows on the day. As for the runner screen, HAVE A LOOK HERE
Ticker of interest include: IDRA, LOCO, CMCM, BITA, YY, ICPT, FUEL, VIMC
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RC, been eyeing entry for a while, havent hit the button yet. Too late to join EUO (short euro)?
What about TLT? Which do you like more for 2015, TBT or TLT?
I think bonds go higher based on dollar strength, but with such a run in 2014, i have my doubts. What say you?
Prefer TBT for 2015
You finally a believer in this gold miners rally yet?? Don’t fight the trend
I’m not fighting it. Solid move today.