The stock market goes up almost every day. Animal spirits are running. Who can blame investors for throwing caution to the wind? Over the last two days, shades of 1999 are beginning to appear. Investors may recall that the market crashed in 2000. Conservative investors may want to be careful.
Apple AAPL has been very proud of its Retina displays. To a large degree, these high-resolution, crystal clear displays have contributed to the popularity of Apple devices. Tim Cook himself has promoted Retina displays by claiming them as the most advanced display technology and that no one matches their quality. Cook simply
This post was just published on ZYX Short Change Alert. STJ makes medical devices primarily related to the heart. There is a new report of deaths related to its leads. Consider adding a 10% tranche in the zone of $46.70 to $47.75 or initiating a 20% tranche in this zone. No
Click here to enlarge chart. On Wednesday, the news broke that two big-time hedge-fund managers dumped their Apple stock in the first quarter of 2013. Interestingly, an analysis of the tick data foretold the news a day earlier. Analyzing tick data with computer algorithms is akin to the manual
Until 2007, Bill Gates was the richest man in the world by virtue of his stake in Microsoft MSFT. Then Carlos Slim Helu, the famous Mexican investor, aided by his stake in cell phone operator American Movil, wrested the crown from Gates. According to Bloomberg , yesterday Gates became the richest man again, although Forbes,
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) OIL SURGES AS RUSSIA FLEXES ITS MUSCLE IN SYRIA, BUT GOLD FALLS May 17, 2013 Crude oil is surging. WTI just hit session high of $96.41. Russian
This post was just published on ZYX Buy Change Alert. GNK is a bulk cargo dry shipper. This recommendation is triggered by great earnings by a competitor EGLE. This is a speculative position, please be sure to carefully study Management Trade Guidelines for Speculative Positions. Buy zone is $1.30 to $1.62. The
Click here for a larger chart. When Apple AAPL first announced iPhone 4S, there was a nice surprise in it called Siri. Siri is a virtual intelligent voice assistant. Siri caught the imagination of the masses. iPhone 4S sales took off. Analysts had to scramble to revise their iPhone 4S sales estimates
This post was recently published on ZYX Short Change Alert. Adding a 5% tranche to SPY in the zone of $165.80-166.75, preferably close to the high band. SPY is currently at $165.85. CAUTION: New subscribers, please carefully study Trade Management Guidelines before initiating this position.
There are days when price action in stocks provides more information than usual, all one has to do is to observe while leaving opinions at the door. Tuesday was one of those days. There were major announcements from BlackBerry as well as Nokia and Apple AAPL stock fell precipitously in the afternoon. There were