May 18, 2012

WEEKLY MARKET DIGEST: PHILLY FED INDEX CAUSES MASSIVE SHORT SQUEEZE IN GOLD AND SILVER

(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.)

PHILLY FED INDEX CAUSES MASSIVE SHORT SQUEEZE IN GOLD AND SILVER

May 18, 2012

The Philly Fed Index is a monthly survey by the Federal Reserve Bank of Philadelphia of manufacturing firms in the Philadelphia region. The index, which was released yesterday came a -5.8 vs consensus of +10. Some market participants believe that such an extremely negative reading may prompt the Federal Reserve to do more monetary easing. This started short squeeze in gold and silver which built on itself and continues this morning.… Please click here or the title below to read more.

May 18, 2012

WHY I BECAME A BIG FACEBOOK BEAR AFTER LIMP IPO

Facebook (FB) started trading today with much anticipation. Unfortunately the common place advice doomed the IPO.

The IPO was priced at $38. One of the first opening indications was $45 on 18 million shares. The stock was set to open at 11:00 am ET. The opening was repeatedly delayed and opening price indication kept on falling.

The common advice was to put in for 50,000 shares if an investor wanted 2,000 shares. Investors who heeded such advice got more shares than they wanted. As the opening indication was lower than bulls expected, investors simply wanted to flip. Buy orders were not there to match sell orders.… Please click here or the title below to read more.

May 18, 2012

SELL FACEBOOK (FB)

This post was just published on ZYX Buy Change Alert

Consider selling FB right here at $38.08 and exiting the trade.… Please click here or the title below to read more.

May 18, 2012

PLEASE ENSURE STOPS IN PLACE ON FB

This post was just published on ZYX Buy Change Alert

FB has now plunged to $38. Please ensure that stops previously mentioned are in place.… Please click here or the title below to read more.

May 18, 2012

FB OPENS AND FALLS

This post was just published on ZYX Buy Change Alert

FB opens at $43 and is now falling to $42.37 as of this writing.… Please click here or the title below to read more.

May 18, 2012

LARGE CANCELLATIONS ON FB

This post was just published on ZYX Buy Change Alert

Apparently large number of orders on FB are being cancelled. Markets are fickle but for the time being it appears that our calls to cancel FB open orders was spot on.… Please click here or the title below to read more.

May 18, 2012

NASDAQ FAILS TO OPEN FB ON TIME

This post was just published on ZYX Buy Change Alert

NASDAQ NDAQ has failed to open FB on time. Apparently demand is less than expected.… Please click here or the title below to read more.

May 18, 2012

NEW FB INDICATION IS LOWER

This post was just published on ZYX Buy Change Alert

New FB indication is $42 on 55 million shares. This is a lot lower than bulls had expected. If it opens at $42 and does not move up from here it can pull the entire market, especially stocks like ZNGA, GRPN, GSVC, RENN, QPSA, AOL, SINA, ANGI, NTES, DMD, YOKU, YNDX, YELP, and P down.… Please click here or the title below to read more.

May 18, 2012

FB PRICE INDICATION

This post was just published on ZYX Buy Change Alert

At this time the price indication for FB opening is $45 on 18 million shares. FB will start trading at 11:00 am ET.… Please click here or the title below to read more.

May 18, 2012

FB BUY IN THE OPEN MARKET IS CANCELLED

This post was just published on ZYX Buy Change Alert

It appears that some institutional investors received larger allocations of FB shares than they were expecting. Such investors may flip at the open or in the coming days.

For the above reason the recommendation to buy FB shares in the open market is being cancelled.

Those who received FB shares in the IPO at $38 may stay alert to a signal on the Real Time Feed. Such investors may also consider setting the following stops: $37.83 on half the position, and $37.48 on the other half.

FB is not likely to break the syndicate bid, but stranger things have happened in the markets including extremely aggressive FB sympathy plays this morning. … Please click here or the title below to read more.

May 18, 2012