(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) NASDAQ AT ITS BEST LEVEL IN 13.5 YEARS BUT RISKS ARE RISING, GOLD MOMO CROWD BUYS INTO RESISTANCE February 21, 2014 Nasdaq is at its best
Since the Feb. 18 announcement that Actavis would acquire Forest Laboratories for about $25 billion, which caused Forest Laboratories stock to leap higher, Mylan stock has been moving up strongly in sympathy on speculation it, too, could be bought. However, the Smart Money has been selling Mylan into the strength, and with
This post was just published on ZYX Buy Change Alert. WMT is long from $58.88. As of this writing the stock has fallen to $72.89 on poor earnings. The poor earnings appear to be temporary in nature. The new buy zone is $65. to $70.11. What To Do Now? Those
This post was just published on ZYX Short Change Alert. Consider initiating or adding a 10% tranche to SPY short position in the zone of $183.20 to $184.50. No stop for the time being.
This post was just published on ZYX Short Change Alert. Consider adding a 10% tranche to natural gas short position in the zone of $6.16 to $6.55. It is trading at $6.26 as of this writing, equivalent in UNG is $27.55. The equivalent in BOIL is $55.72. Those using inverse ETF DGAZ may consider adding
This post was just published on ZYX Buy Change Alert. The position is long with an average price of $2.55. Currently, 50% of the full core position size is being held. Profits have been taken as high as $6.00 HERO is in the business of shallow water drilling for oil and
On Friday, Feb. 14, Cray Inc. CRAY experienced a meteoric rise of about 39%. Smart money took advantage of the strength and sold aggressively. Cray is in the business of super computers or high-performance computing (HPC). Let us start with a chart. As the chart shows, the stock closed at $41.66 up
(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 APPROACHES RESISTANCE AT $1320 AFTER BAD INDUSTRIAL PRODUCTION NUMBERS February 14, 2014 January Industrial Production fell to -0.3% compared to consensus of +0.3%; Capacity Utilization
This post was just published on ZYX Short Change Alert. GNRC makes generators. As expected due to the storms the company just reported good earnings. Consider using the strength to add to the position up to a maximum of 60% of full core position size in the zone of $53 to $56.83.
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) SHOCKING EMPLOYMENT DATA, GOLD AND BONDS JUMP February 7, 2014 January Nonfarm Private Payrolls came at 142K vs. 161K consensus. Total January Nonfarm Payrolls came at 113K