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
This post was just published on ZYX Short Change Alert. GOOG has announced a service that will compete with P. Normally on this news it would have made sense to add to P or initiate a new position. However in this market, it is best to be very cautious. What To
On Monday, Samsung made a 5G announcement promising download of 3D movies in seconds. Samsung did the most masterful job of spinning a test for the maximum public relations impact that I have seen in a long time. Samsung served up such a sumptuous treat to the media who seem
A report from South Korea’s Yonhap News Agency about Samsung offering 5G service by 2020 caught my eye. Speculation about 5G abounds, so the title was not a surprise. What was intriguing to me was a claim of transmitting data in the millimeter wave band to a distance of two kilometers. My
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) YEN BREAKS 100, GOLD FALLS BY $33 May 10, 2013 In yesterday’s mornings capsule, we told you about Weekly New Unemployment Claims coming in better