This post was just published on ZYX Short Change Alert. On Friday shorts were entered in the range of $6.50 to $6.70. ANV is trading at $6.07 as of this writing and 60% is being held. Consider taking profits on a 10% tranche right here. This will leave 50% of the
The Crimean referendum took place over the weekend, and 96.77% of the vote was in favor of joining Russia. Sanctions from the West will likely be announced soon. The Chinese renminbi fell 0.3% to an 11-month low, which is a big move for a currency; this comes after a string
There’s a lot going on these days. Crimea, a region of Ukraine, will hold a referendum this weekend on whether or not to join Russia. A secondary concern is bad data from China. Gold is rocketing, stocks are swooning and bonds are rising on jitters. But let’s take a deep
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) A CLEAR-EYED TAKE ON GOLD ROCKETING AND STOCKS SWOONING ON WEEKEND CRIMEA REFERENDUM JITTERS March 14, 2014 Crimea, a region of Ukraine, will hold a
This post was just published on ZYX Short Change Alert. Consider initiating or adding to gold miner ANV in the zone of $6.50 to $7.32 for a maximum of 60% of full core position size. For the reasoning behind this trade, please see the Morning Capsule. Target zone is $4.25 to
This post was just published on ZYX Short Change Alert. Consider adding a 10% tranche to SPY in the zone of $186.70 to $188.50. Stop zone on this tranche is $191.31 to $191.58. No target for the time being.
This post was just published on ZYX Buy Change Alert. Consider taking partial profits on a 10% tranche in the zone of $13.70 to $14.60. After this profit taking only 25% of the full core position size will be held. The reason for this profit taking is that this is
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) STOCKS ROCKET, GOLD AND BONDS FALL ON BLOWOUT EMPLOYMENT REPORT March 7, 2014 February Nonfarm Payrolls came a 175K vs. 163K consensus and whisper numbers
On March 5, drone insanity gripped investors. They ran up the stock of drone maker AeroVironment by $6.71, or 21.33%, after the company reported earnings the day before slightly ahead of expectations. Ill-informed investors with stars in their eyes jumped on the chance of making money from commercial drones as
This post was just published on ZYX Short Change Alert. Consider building up to a 30% short position in gold miner ANV in the zone of $5.55 to $6.00. The stock is trading at $5.62 as of this writing. Stop zone is $6.11 to $6.32. Target zone is $4.25 to $4.68.