October 9, 2013

WHY GOLD AND SILVER DO NOT RUN ON GOVERNMENT SHUTDOWN, DEBT CEILING RANCOR, YELLEN NOMINATION, TAPER POSTPONEMENT AND INDIAN DIWALI $GLD $SLV

There are five highly positive fundamental developments for gold and silver. The question is why gold and silver do not run in spite of these five positive developments? The answer is shown on the charts and explained later in this article.

Click here to see a big more legible short-term chart.

Click here to see a big more legible long-term chart.

The Government Shutdown And The Debt Ceiling

The U. S. government has been shutdown for over a week. There is no point in regurgitating the details as the media is full of the perspectives of both sides. Irrespective of one’s political ideology, it is clear that there is instability in the largest economy in the world.… Please click here or the title below to read more.

October 9, 2013

TARNISHED J.P. MORGAN HOLDS LUSTER FOR INVESTORS $JPM $C $BAC

It was not long ago that Jamie Dimon, CEO of J.P. Morgan, was considered the golden boy of American banking. After all, he had guided the bank mostly unscathed through the financial crisis of 2008. Then last year, the London Whale crisis erupted. Bruno Iksil, a London-based J.P. Morgan trader known for his outsized positions, hence the nickname London Whale, accumulated a big credit default swaps (CDS) position. Upon disclosure of a trading loss in this position, J.P. Morgan stock fell out of bed as shown on the chart.

Click here for an annotated chart of J.P. Morgan.

In the interest of full disclosure, In my analysis, the fall in the stock last year was a buying opportunity.… Please click here or the title below to read more.

October 9, 2013

TAKE PROFITS ON ARIAD $ARIA

This post was just published on ZYX Buy Change Alert.

Consider taking profits on ARIA or protecting them with a closer trailing stop. As of this writing ARIA has moved up to $4.98. Depending upon your account size, consider taking profits on the entire position or taking profits on half of the position right here and using a tight $0.25 trailing stop on the rest.… Please click here or the title below to read more.

October 9, 2013

RAISE THE STOP ON ARIAD $ARIA

This post was just published on ZYX Buy Change Alert.

Consider raising the stop on ARIA to break even.… Please click here or the title below to read more.

October 9, 2013

A NEW IDEA ON ARIAD $ARIA

This post was just published on ZYX Buy Change Alert.

ARIA stock has been decimated as FDA puts a hold on its main drug.

This idea is suitable only for ultra-aggressive investors as risk of loss is high.

Consider accumulating a 10% tranche in the zone of $3. to $4.21. The stock is at $4.02 as of this writing. Stop zone $2.68 to $2.73. Target zone $7 to $8.… Please click here or the title below to read more.

October 9, 2013