December 4, 2012

STAY SHORT ON SILVER AND SILVER MINER SLW $SLV $SLW

This post was just published on ZYX Short Sell Change Alert. Consider staying short on silver ETF SLV and silver miner SLW.  Silver is trying to break the  support a $33.  (Equivalent in SLV is $32.10.) If silver closes below the support, then the support will become the resistance. We are seeing light selling by Smart Money

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NEW IDEA ON EW

This post was just published on ZYX Buy Change Alert. EW makes systems for operating heart valves.  The company just announced much better than expected projections for the year.  This is a highly volatile stock with a very high risk. Initiating a 10%  tranche in the pre-market at $87.26.  It is difficult to say where

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GOLD BREAKS WITH THE DOLLAR $SLV $GLD

Traditionally gold has exhibited an inverse relationship with the U.S. dollar.  In other words, if the dollar goes higher, gold goes lower and vise versa. Today gold and silver are breaking the inverse relationship with the dollar.  The dollar is lower and gold has fallen to support at $1700. As

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