May 23, 2014

WEEKLY MARKET DIGEST: GOLD FAILS TO HOLD $1300 AHEAD OF WEEKEND UKRAINE ELECTIONS $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. )

GOLD FAILS TO HOLD $1300 AHEAD OF WEEKEND UKRAINE ELECTIONS

May 23, 2014

Ahead of weekend Ukraine election and rising violence, gold fails to hold $1300 key level. If gold does not close above $1300 before the long weekend, it will be a negative sign for gold.

The bizarre interest rate behavior continues; interest rates are falling again this morning while stocks are levitating.

There is a potential for short covering ahead of the long weekend pushing stocks higher.… Please click here or the title below to read more.

May 23, 2014

INITIATE OR ADD TO ST. JOE COMPANY: LARGE FLORIDA LAND OWNER JUMPS $JOE

This post was just published on ZYX Buy Change Alert. St. Joe Company

The company is a big land owner in North West Florida and a real estate developer.

The position is long with an average price of $18.00. Currently, 80% of the full core position size is being held. Profits have been taken as high as $23.16. Buy zone is $16.26 to $19.76. Target zone is $34 to $38.

The stock was in the buy zone as late as May 13, 2014. Subscribers who were paying attention to the buy zone may notice that on April 24th the stock could be bought at $17.60. … Please click here or the title below to read more.

May 23, 2014