In her much-anticipated speech at the Federal Reserve Bank of Kansas City Symposium at Jackson Hole, Wyo. on Friday, Janet Yellen started out by eloquently making a clear case for a Fed interest-rate hike. Then it seems she couldn’t help herself and turned wishy-washy.
Yellen’s wishy-washiness has made the markets vulnerable in both directions. The reason is that bulls can read her statement as bullish and at the same time bears can read her statement as bearish. This chart illustrates that battle between bulls and bears.
Please click here for the chart.
The chart is a one-minute chart around the time of Yellen’s speech comparing popular ETFs including the S&P500 ETF SPY, the Nasdaq 100 ETF QQQ, a gold ETF GLD, a silver ETF SLV, a gold-miner ETF GDX, a bond ETF TLT, a dollar ETF UUP, and the VIX ETF VXX.… Please click here or the title below to read more.
This post was just published on ZYX Buy Change Alert.
RAX is a cloud hosting company. It has received a $32 cash buyout offer from APO. The offer is likely to close in the fourth quarter of this year.
There is about 30% probability of a strategic competing bidder to emerge. If such a bidder emerges and a bidding war starts, the eventual price may go as high as $39.
Your most likely risk is that you will get $32 cash and you have some probability of making decent money. The stock is trading at $31.52 as of this writing.
Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers of The Arora Report.
Please scroll down for the section What To Do Now.
Please stay extra alert in case opportunities arise or actions need to be taken on existing portfolios. We will be back to you if appropriate.