WEEKLY MARKET DIGEST: SEQUESTRATION STARTS, GDP LESS THAN EXPECTATIONS AND INFLATION RISES BUT MARKET DOES NOT CARE $SPY $DIA $QQQ $GLD $SLV $TBT$TLT $USO

(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.)    DOLLAR STRENGTHENS IN PERVERSE MARKET ACTION, GOLD VOLATILE March 1, 2013 Today is the day that sequestration sets in.  Many had expected the dollar to

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CANADIAN GOVERNMENT KICKS HOLE IN BLACKBERRY SECURITY REPUTATION

As BlackBerry attempts to stage a comeback with BB 10, one aspect of its sales pitch is that BlackBerry is famous for its security characteristics.  Now BlackBerry is losing its security aura. The timing could not be worse for BlackBerry of a security warning coming from Canada.   Canada.com reports that the government department in charge of cyber security

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SAMSUNG IMITATES APPLE PASSBOOK WITH NEW WALLET APP WITHOUT NFC

It is said that imitation is the sincerest form of flattery.   Apple’s Passbook app has a new fan in Samsung. At Mobile World Congress in Barcelona, Samsung introduced its new Wallet app.  The preliminary details show that the Wallet app imitates Passbook in several respects.  Apple’s Passbook app allows users to handle mobile payments

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CHINA’S HUAWEI SPEEDILY ASCENDS TO TAKE ON APPLE AND SAMSUNG

At the annual Mobile World Congress in Barcelona, Huawei introduced the world’s fastest smartphone. Most Americans have never heard of Huawei.  Huawei is no small fry; it is a large Chinese company.  Its principal business is networking and telecommunications equipment. It has overtaken Ericsson to become the largest telecommunications equipment manufacturer in the world.

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FIREFOX OS TURNING UP HEAT ON APPLE AND GOOGLE

The Boot to Gecko project (B2G) being developed by the Mozilla Foundation is now ready to challenge Apple and Google’s dominance of mobile devices. Mozilla Foundation is a not-for-profit entity that is the producer of the popular Firefox browser.  Mozilla Foundation also has a tax-paying subsidiary called Mozilla Corporation. B2G Firefox OS B2G is

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STOCK MARKET TRACES DANGEROUS PATTERN $SPY $GLD $SLV $AAPL $TLT

The stock market has been overbought for a while, and overbought markets can be vulnerable. Usually there is an excuse in the form of bad news that runs the overbought market down to alleviate the overbought condition. Monday was no exception. The bad news was that in Italy, Berlusconi garnered more votes than expected. He

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CHANGE IN TENANT HEALTH TARGET POST EARNINGS, TAKE MORE PARTIAL PROFITS $THC

This post was just published on ZYX Buy Change Alert. The position is long with an average price of $20.40. Currently, 40% of the full core position size is being held. Profits have been taken as high as $39.26. THC confirms FY13 adjusted EBITDA view $1.325B-$1.425B.   THC also reports Q4

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SAMSUNG MAKES PLAY AGAINST APPLE, BLACKBERRY WITH KNOX

In a major strategic move, Samsung has announced an end-to-end security solution for mobile devices for the enterprise.  The solution is appropriately named KNOX.  KNOX appears to be the Fort Knox of mobile security in an enterprise. The best way to understand KNOX is to break it down into two components. Platform Security

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APPLE PATENT FOR SOLAR WATCH COULD FIRE UP STOCK AGAIN $AAPL

Apple application 20130044215, filed with the U. S. Patent and Trademark Office (USPTO), is the best evidence so far as to how iWatch may look and work. It appears Apple is abandoning the traditional style watch in favor of a bracelet.  The bracelet may have two parts, a touch sensitive flexible

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