March 31, 2011

LUNA INNOVATIONS (LUNA) IN NO-MAN’S-LAND

Luna Innovations (LUNA) is surging today after it entered into a multi year agreement with Intuitive Surgical (ISRG) to supply shape sensing systems for medical robotics.  The news was expected.  In general the news that is expected is already discounted in a stock price. However, sometimes in small caps such as Luna Innovations, either the news is not in the stock price or investors simply get too excited.  According to the ZYX Change Method  it is too late to buy and too early to short Luna Innovations.  When the time is right we will issue an alert in ZYX BUY CHANGE ALERTS or  ZYX SHORT SELL CHANGE ALERTS .
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ARM HOLDINGS (ARMH) ON THE RISE

Arm Holdings (ARMH) is on the rise today stemming from two pieces of news.  First, Merill Lynch upgraded it and second, Arm Holdings entered into an agreement with Google (GOOG) for standardization related to the Android platform.

At present four of the six screens of the ZYX Change Method are positive on this stock.  We will issue a buy signal in ZYX BUY CHANGE ALERT when the time is right.

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