This post was just published on ZYX Short Change Alert. Yesterday TUR did not hit the low band of the profit taking zone. It appears that most subscribers are still holding TUR. The new profit taking zone is $69.50 to $72.11. The Turkish stock market is down today.
The controversy over used games has erupted ever since the unveiling of the new Xbox One byMicrosoft MSFT. In my analysis, Microsoft is purposely creating this confusion about used games. For 30 years gamers have been buying and selling used games. The used games market is huge. GameStop GME, the self-proclaimed largest seller of
This post was just published on ZYX Short Change Alert. The premise behind this trade was that Obama would react after it was established that Syria had used chemical weapons. However, Obama has now backpeddled and not honored the red line he himself set. There is no new big outflow of refugees from
Memorial Day is a day of remembering the men and women who died while serving in the United States Armed Forces. We honor those who have given the ultimate sacrifice to their country to keep us free. Have a wonderful and safe Memorial Day. From the team at The Arora Report
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) STRONGER DURABLE GOODS BUT WEAK RALLY IN JAPAN, GOLD REACTS May 24, 2013 April Durable Goods Orders ex-transports came at 1.3% vs. consensus of 0.5%. After
Samsung announced today that it has sold 10 million Galaxy S4 phones in the first month. This amounts to a rate of about four phones sold per second. JK Shin, CEO of the IT and Mobile Communications Division at Samsung, said, “On behalf of Samsung, I would like to thank
This post was just published on ZYX Short Change Alert. Pandora (P) reported better than expected earnings and provided guidance better than consensus. However, this guidance does not justify the present stock price. The trigger for entering this trade was the potential impact of a competing service from Apple (AAPL). Service
In the wake of Bernanke’s testimony before Congress and the release of Federal Open Market Committee (FOMC) meeting minutes, the U. S. stock market traced an ominous technical pattern. In traditional technical analysis, this pattern is known as an “outside day.” The outside day is visible on the chart of
On Tuesday, Microsoft raised the curtain on its new Xbox One. I’m impressed. Here are the eight reasons to buy Xbox One. Faster Hardware: Xbox One is powered by an eight-core processor. The processor is based on Jaguar design by AMD. The processor is customized for DirectX 11.1 graphics and contains 32 MB