March 28, 2013

WEEKLY MARKET DIGEST: STRICT CAPITAL CONTROL IN CYPRUS, AND GOLD FALLS $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT

CYPRUS BANK BLOG 3-28-13

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

STRICT CAPITAL CONTROL IN CYPRUS

March 28, 2013

Cyprus has become the first eurozone country to put limits on daily withdrawals, cashing checks, amount of credit card transactions, and money transfers. People can withdraw a maximum of 300 euro each day. People cannot take more than 3000 euros out of the country, and overseas credit card transactions cannot exceed 5000 euros per month.

Gold is falling and stocks are taking encouragement because there are no riots in the streets of Nicosia, the capital of Cyprus.… Please click here or the title below to read more.

March 28, 2013

INITIATE OR ADD TO VHS $VHS $THC

This post was just published on ZYX Buy Change Alert.

VHS is a hospital chain.

Buy zone is $13.07 to $15.11. Consider not accumulating more than 35% in this range. Most of the accumulation should take place under $14.55 and preferably near the bottom of the zone. In other words be patient and accumulate slowly on down spikes.

Target zone is $18 to $20.

The plan is to accumulate more if the stock goes lower and there is no change in fundamentals.

No stops since the position is in the process of being accumulated however for those who must use stops, the stop zone is $9.23 to $9.38.

… Please click here or the title below to read more.

March 28, 2013

BLACKBERRY BEATS BUT HOLD THE CHAMPAGNE $BBRY $AAPL $GOOG

blackberry BLOG 3-28-13 FORBES

This morning BlackBerry released much anticipated earnings. After reviewing the earnings report, my conclusion is that it does not reveal much for a long-term investor since the company is in transition. The headline numbers were better than expected with one million BlackBerry Z10 phones sold.

Here are the reasons why celebration for BlackBerry is premature:

The one million number about Z10 is devices shipped. It is misleading in that one million devices are now in the channel in the hands of carriers and distributors. It would be plain wrong to state or assume that one million Z10 have been bought by end users.

… Please click here or the title below to read more.

March 28, 2013