Consider taking profits on the remaining short position on GLD right here at $151.49. June futures equivalent is $1559.
Congratulations to those who participated in this trade. This trade is now complete with good profits.
Risk of holding gold short here is increasing for the reason stated in the last post.… Please click here or the title below to read more.
This post was just published on ZYX Short Sell Change Alert
Consider taking partial profits in gold right here at $1538 in June futures or $149.51 in GLD.
This will leave only 5% of full position size short.
What has changed since the last post this morning is the report that Europe may be getting closer to separating out supporting banks from the sovereign debt and deficit issues. Such reports have not received much attention in the market so far. If market catches hold of these reports and investors start understanding what it means, we can see a massive rally in stock markets and massive selling in Treasury bonds and German bunds.… Please click here or the title below to read more.
This post was just published on ZYX Buy Change Alert
MAKO Surgical Corp (MAKO) markets its advanced robotic arm solution and orthopedic implants for orthopedic procedures. The stock has been depressed after reporting earnings that did not meet Wall Streets expectations. The big down swing in MAKO is a buying opportunity.
Use of robotics in surgery will continue to grow and this company is perfectly situated. Please note that like most young companies in the surgical robotics field this is a speculative stock with high risk of loss but also potential of high rewards.
Due to the speculative nature of the stock and overall market conditions, we recommend not exceeding the maximum position size of 30% of the full core position size.… Please click here or the title below to read more.