July 26, 2013

WEEKLY MARKET DIGEST: GOLD BREAKS $1300 ON THE UPSIDE ON BIG ABE WIN $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT $MCD $DD $TRV

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

INFLATION IN JAPAN RISES TO HIGHEST RATE SINCE 2008, GOLD STAYING ABOVE SUPPORT

July 26, 2013

Japan is the third largest economy in the world. For years Japan has been mired in deflation. Now there is the first hard data point that policies of Abe Shinzo are working. Japan reported the highest inflation rate since 2008. Core Consumer Price Inflation Index, excluding fresh food, is now at 0.4% year over year.

This morning interest rates are backing off from their two day run.… Please click here or the title below to read more.

July 26, 2013

COLOR ON KB HOMES BASED ON SPF CONFERENCE $KBH $PHM $DHI $SPF

This post was just published on ZYX Buy Change Alert.

Yesterday we told you about negative comments from two other home builders, PHM and DHI. At this time, it is not clear if these two are company specific situations or this reflects a general industry trend.

Another home builder, SPF, reported earnings today. We have just finished attending their conference call. SPF commentary was positive.

There is a difference between SPF and PHM. PHM and DHI mainly cater to low-end home buyers. SPF caters to move up buyers.

The three important metrics here are:

traffic
cancellations
sales

The situation is very fluid and it is not clear if the dip in these stocks is still a buying opportunity or there is more downside.… Please click here or the title below to read more.

July 26, 2013