anyone watching crude dive?

cruel... 

Hey.. whatca know. The fruit is at good support here at 125 after so called wall street "disappointment" about their outlook.
Sales missed "analysts" estimates?  Who are those analysts huh? What are they drinking? 

US 49.5bln revenue for last qtr with 35% growth from last year.. is a huge success in my book.
Heck, enough to even pay off Malaysia 1MDB debt in one shot and lots of spare change.
Najib could have invested in AAPL fund instead ...

I think we got good buying opportunity again if it dives down below 120 again. 

After 2 days of red sea, we may finally get a green!

Pre-Market Indicator
Dow - 17809.00 +24.00
Nasdaq 100 - 4627.75 +10.25
S&P 500 - 2111.00 +3.00

Looks like MCD, CMCSA will announcing their earnings soon while AMZN, T with TRIP will be announcing their earnings during after hours later, everyone is keeping a wait and see attitude. And surprise, it seems WTI Crude is below 50 again. Wonder if it will ever rebound?

tonight looks peaceful and calm...

not too bad...

the fruit still gaining!

crude still diving...

this report is awfully gloomy for oil:

AMZN up 17% in after hours after a surprising profit. 

sep, i think.

usd strengthening not over.

which hammers crude even harder.

so, yr oil 44 or 42 may just come.

becos oil is priced in usd worldwide but is produced in many places.

this will help:
http://commodities.about.com/od/researchco...dity-Prices.htm

don't forget global economy growth is slowing less demand on commodities too.
weak price in usd cum weak demand = double whammy on commodity exporting countries.
did u notice aud = sgd now?

crude free fall...

it went below 48 faster than i expected.

first sgd>nzd
now sgd=aud
soon sgd=cad

sgd=usd? this one won't happen, i think.

keep yr sgd's!

crude oil and bears battling it out at 47.50.

some tip...

Waah.. I think bears no problem wining. Oil already hit my low target at $48.
Didn't expect that China will go kaboom during the day.  The aunties/uncles are cursing now.. where's the da govt help?

it only took a few hours to get there.
oil shorts? may be premature!?

uvxy?

i hv little idea on this one, stick to the easier ones...

Did you guys read this story?

http://www.cnbc.com/2015/07/28/chinese-far...ost-it-all.html

Uncle farmer invested entire savings of US164K equivalent (convert in RMB, that's like over mln),
then leverage up to 1 mln usd margin (6.2 mln RMB) and buy ONE stock?

And he bought when the SHCOMP index over 4000, because of govt propaganda urging everyone to play..

Everyone will SELL whenever there is a pop opportunity to get their money back.
The institutional players will eat these people alive knowing them have bought on margin.

No wonder China market will crash... with tons of clueless people like this in the market.