This post was just published on ZYX Short Change Alert.
As of this writing Agilent is at $51.08. Consider taking profits and exiting the trade if still holding Agilent (A). It is not a good idea to carry this trade into tomorrow.… Please click here or the title below to read more.
Going into Wednesday’s Federal Open Market Committee (FOMC) policy statement, there was almost universal opinion that the Fed would taper. However, generally speaking, markets almost always have diverging opinions. In my 30 years in the markets, I have never seen such uniformity of opinion with as few dissenters as there were leading into this FOMC meeting.
The Fed surprised the markets by not tapering. Stocks, bonds, gold, silver, and other commodities soared. The action of the markets confirms that the Fed’s decision to not taper was a big surprise.
Two questions arise for investors here. First, how good are gurus’ opinions?… Please click here or the title below to read more.
Since 1982, when Adobe was founded in San Jose, Calif,. its design and publishing tools were sold as boxed software at retail or under perpetual licensing agreements. In 1989, Adobe introduced Photoshop which dominates the market for graphics editing. In 2005, Adobe acquired Macromedia whose popular products were Dreamweaver for Web development and Flash.
In May of this year, Adobe caused a stir among its customer base by ending perpetual licensing and offering its products mostly as software as service under subscription plans coupled with a move to the cloud.
This post was just published on ZYX Short Change Alert.
Consider lowering the stop on Agilent (A) to the zone of $53.57 to $53.73. The stock is at $53.06 as of this writing. If the stock falls further consider following it with a trailing stop.… Please click here or the title below to read more.
This post was just published on ZYX Short Change Alert.
Most subscribers should have an average price of around $55.60. Consider putting stops on half the position in the zone of $54.31 to $54.58. For the remaining half, consider taking profits in the zone of $53 to $53.82. The stock is at $53.61 as of this writing.
Since this is a bull market, we will not forego taking quick profits on the short side when available.… Please click here or the title below to read more.
This post was just published on ZYX Short Change Alert.
Agilent (A) is jumping in the pre-market by about 10% on the news that it will combine its life sciences and diagnostics businesses. This move is way overdone. Consider initiating a 30% tranche, preferably in three 10% tranches in the zone of $54.90 to $56.43. The stock is trading at $55.02 as of this writing in the pre-market.
This is suitable only for those who can stand draw-downs as is common under prevailing market conditions. The plan is to add more if the stock goes higher. Stop zone is $61.56 to $62.43. … Please click here or the title below to read more.