October 18, 2013

WEEKLY MARKET DIGEST: THE SAME BAD CONGRESS BUT THE RELIEF RALLY CONTINUES $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. ) 

THE SAME BAD CONGRESS BUT THE RELIEF RALLY CONTINUES

October 18, 2013

After the agreement in Washington, the stock market and the gold market has experienced strong relief rallies.  What is lost is that there is still the same bad Congress that cannot get much done and the agreement is only a short-term agreement.  There is another fight in the Congress straight ahead.

Interest rates are falling.

More short covering in gold and silver continues.… Please click here or the title below to read more.

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A NEW IDEA ON TWITTER $TWTR $TWITTER $FB $GS $LNKD $P $YELP $XLK $CSCO $AAPL $MSFT

This post was  published on ZYX Buy Change Alert.

Yesterday evening, Twitter announced that it will list its stock on the New York Stock Exchange (NYSE).  This is a coup for NYSE as Twitter is the highest profile IPO of 2013.  The road show is likely to begin on October 25th and the IPO is likely to be priced the evening of November 14th.  If all goes per the plan, Twitter should start trading under the symbol TWTR on November 15th.

This is an unhedged call to consider backing up the truck and buying Twitter in the IPO for a trade.… Please click here or the title below to read more.

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