February 10, 2012

TAKING PROFIT ON GLD TRANCHE FROM YESTERDAY

Yesterday a 5% GLD tranche was sold short at $170.05. Consider taking profit on this tranche before the market close today in the zone of $165 to $167. The reason the zone is so wide is because there is no way to predict what GLD will do going into the close. As of this writing GLD is at $166.85.

Our stance on gold has not changed. This reduction in quantity is simply a risk control measure. After this exit 35% of the full core position size will be held.… Please click here or the title below to read more.

February 10, 2012

BE ALERT TO THIS TECHNOLOGICAL DEVELOPMENT THAT MAY AFFECT AAPL

There is a potential technological development that may change our stance on AAPL. When and if this development occurs, we will let you know. The purpose of this post is to provide you with background so that you can act with conviction is this development comes to pass.

The key to consistently generating big profits in the markets is to be ahead of the crowd. Apple (AAPL) stock is no different. Apple has a long open runway of opportunities ahead, but it also faces significant risks.

Astute investors should aggressively sell Apple at the first sight of any technological development that leads to significantly more power efficient generation of white light from OLED displays.… Please click here or the title below to read more.

February 10, 2012

Getting Over Three-Mile Island 33 Years Later

A new nuclear power plant has just been approved for the first time since 1978.

After the conclusion of the Nuclear Regulatory Commission’s (NRC) hearing on Southern Nuclear Operating Company’s (SNC) application for two Combined Licenses (COL) at the Vogtle site in Georgia, the NRC ruled that the staff’s review was adequate to make the necessary regulatory safety and environmental findings. This has cleared the way for the NRC’s Office of New Reactors to issue the COLs.

SNC is owned by Southern Company (SO).

According to a statement issued by the NRC, ‘œThe NRC’s Advisory Committee on Reactor Safeguards (ACRS) independently reviewed aspects of the application that concern safety, as well as a draft of the staff’s Final Safety Evaluation Report (FSER).… Please click here or the title below to read more.

February 10, 2012