December 13, 2013

WEEKLY MARKET DIGEST: HOUSE PASSES BUDGET, INFLATION UNDER CONTROL, SENTIMENT OVERLY POSITIVE $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. )

HOUSE PASSES BUDGET, INFLATION UNDER CONTROL, SENTIMENT OVERLY POSITIVE

December 13, 2013

The House passed the budget deal; this is causing mild optimism in the stock market.

Core PPI came at 0.1% vs. 0.1% consensus. This shows that inflation is under control. Core PPI has a significant weight in our model, the theory is that inflation shows up in producer prices before it shows up in consumer prices.

Our proprietary sentiment indicators are reaching overly positive territory. … Please click here or the title below to read more.

December 13, 2013

CURVED SCREEN COMING IN SAMSUNG GALAXY S5 BUT NOT IN APPLE IPHONE 6 $AAPL $GTAT

Apple investors need to be alert to both positive and negative upcoming fundamental developments, one of which may give a boost to Samsung’s mobile fortunes.

An upcoming negative development for Apple AAPL is the potential release of the Samsung Galaxy S5 with a curved screen, which the iPhone currently does not have.

In terms of positive developments, Apple just won a patent for producing a curved screen. Here is an abstract of the patent number 8,603,574.

“A method of forming a curved touch surface is disclosed. The method can include depositing and patterning a conductive thin film on a flexible substrate to form at least one touch sensor pattern, while the flexible substrate is in a flat state.… Please click here or the title below to read more.

December 13, 2013