Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
I noticed that as well, the smallest decline pushes the vix up 10%???
a 10% jump I could see with the dow off 2%+
Following XIV today, started to sell off before the markets started to trend lower so I knew if the markets were going to fall today XIV would fall hard, well right now its down a little over 2.5% and trying to climb back from an intraday low of $38.39, they pushed it back to $38.75+...they are trying everything to keep this market up off its lows going into the close...lets see if the markets close at their lows...I actually forgot what a down day looks like, the s$p has been up so many days in a row.....this could be the buying opportunity of the week since earnings from big tech companies and banks are coming in which will create a buying frenzzzzzzzzy......buy the dip!
You know the drill straight up on cash open.
Zillow Warns!!! Not that it matters to the market but I was wondering what the hype was behind this IPO when they went public, I have used the site a few times and still don't understand how they come up with how properties are valued....anyway they bought Trulia some months back, wonder how thats going to add to their bottom line moving forward and how they are worth over $5,000,000,000 is beyond me, but thats wall street for you...another .com moment!!!
This story is developing. Please check back for further updates.
Zillow shares were halted in pre-market trading Tuesday morning, as the company held a conference call about its current operations.
The stock had traded up more than 3 percent prior to the halt, just before 9 a.m. ET.
On the call, Zillow CEO Spencer Rascoff announced that the company is expecting EBITDA in the range of $80 million to $85 million for the full year 2015—Wall Street had expected that figure to be about $146.8 million, according to FactSet.
"The work we are doing this year lays the foundation for an incredibly bright 2016 and 2017. However, 2015 is a transition year and we're trending a couple quarters behind where we'd like to be, due to the protracted FTC approval process which only ended two months ago," Rascoff said, referring to the recent deal to merge with Trulia.
Rascoff also said the company expects pro forma revenue at about $690 million for the year. Analysts had expected the company to post revenues of about $752.97 million in 2015, according to Thompson Reuters.
This story is developing. Please check back for further updates.
Zillow shares were halted in pre-market trading Tuesday morning, as the company held a conference call about its current operations.
The stock had traded up more than 3 percent prior to the halt, just before 9 a.m. ET.
On the call, Zillow CEO Spencer Rascoff announced that the company is expecting EBITDA in the range of $80 million to $85 million for the full year 2015—Wall Street had expected that figure to be about $146.8 million, according to FactSet.
"The work we are doing this year lays the foundation for an incredibly bright 2016 and 2017. However, 2015 is a transition year and we're trending a couple quarters behind where we'd like to be, due to the protracted FTC approval process which only ended two months ago," Rascoff said, referring to the recent deal to merge with Trulia.
Rascoff also said the company expects pro forma revenue at about $690 million for the year. Analysts had expected the company to post revenues of about $752.97 million in 2015, according to Thompson Reuters.
as soon as I saw the open straight up it went, I mean within seconds, not even 15 seconds it was ramped up right up at the open, I was watching XIV as it surged .30 in about 32 seconds.....dow straight up 60+ points nearly erasing all losses yesterday in less than 8 minutes....best market in the world..zero risk
My goodness, such selling....we just can't have that. What fed official is having it's staff prepare some reassuring remarks.