May 24, 2013

WEEKLY MARKET DIGEST: SILVER SLAUGHTERED ON A LARGE SELL ORDER IN ASIA $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT

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

STRONGER DURABLE GOODS BUT WEAK RALLY IN JAPAN, GOLD REACTS

May 24, 2013

April Durable Goods Orders ex-transports came at 1.3% vs. consensus of 0.5%.

After a 7.3% drop in the Japanese market, yesterday the talk on American trading desks was of a sharp rebound in Japan. However the rally in Japan was anemic.

Gold bulls in Asia took encouragement from weak bounce in Japan. However, after the Durable Goods report in the U. S. Smart Money is lightly selling gold and silver. … Please click here or the title below to read more.

May 24, 2013

SAMSUNG’S DAY OF RECKONING IS COMING $AAPL $HPQ $MSFT $GOOG

Samsung announced today that it has sold 10 million Galaxy S4 phones in the first month. This amounts to a rate of about four phones sold per second. JK Shin, CEO of the IT and Mobile Communications Division at Samsung, said, “On behalf of Samsung, I would like to thank the millions of customers around the world who have chosen the Samsung Galaxy S4. At Samsung we’ll continue to pursue innovation inspired by and for people.”

The media is full of accolades for Samsung, often repeated are the statistics provided by Samsung, “The Galaxy S4 sets a new record for Samsung, generating sales quicker than any of its predecessors.… Please click here or the title below to read more.

May 24, 2013

UPDATE ON PANDORA (P) $P $AAPL

This post was just published on ZYX Short Change Alert.

Pandora (P) reported better than expected earnings and provided guidance better than consensus. However, this guidance does not justify the present stock price.

The trigger for entering this trade was the potential impact of a competing service from Apple (AAPL). Service from Apple is expected to be introduced this summer. The plan is to continue to cautiously build a position over a wide price range until the impact of Apple service is known. At present only 45% of the full core position size is being held. In other words, there is still room to build the remaining 55% of the position at higher prices.… Please click here or the title below to read more.

May 24, 2013