(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) QUADRUPLE WITCHING, SELLING IN GOLD AND SILVER IN ASIA September 20, 2013 Today is quadruple witching. Stock index futures, stock index options, stock options, and
This post was just published on ZYX Short Change Alert. As of this writing Agilent is at $51.08. Consider taking profits and exiting the trade if still holding Agilent (A). It is not a good idea to carry this trade into tomorrow.
Going into Wednesday’s Federal Open Market Committee (FOMC) policy statement, there was almost universal opinion that the Fed would taper. However, generally speaking, markets almost always have diverging opinions. In my 30 years in the markets, I have never seen such uniformity of opinion with as few dissenters as there
Since 1982, when Adobe was founded in San Jose, Calif,. its design and publishing tools were sold as boxed software at retail or under perpetual licensing agreements. In 1989, Adobe introduced Photoshop which dominates the market for graphics editing. In 2005, Adobe acquired Macromedia whose popular products were Dreamweaver for
This post was just published on ZYX Short Change Alert. Consider lowering the stop on Agilent (A) to the zone of $53.57 to $53.73. The stock is at $53.06 as of this writing. If the stock falls further consider following it with a trailing stop.
This post was just published on ZYX Short Change Alert. Most subscribers should have an average price of around $55.60. Consider putting stops on half the position in the zone of $54.31 to $54.58. For the remaining half, consider taking profits in the zone of $53 to $53.82. The stock is
This post was just published on ZYX Short Change Alert. Agilent (A) is jumping in the pre-market by about 10% on the news that it will combine its life sciences and diagnostics businesses. This move is way overdone. Consider initiating a 30% tranche, preferably in three 10% tranches in the zone
This post was just published on ZYX Buy Change Alert. Consider initiating a 15% tranche on MOS in the zone of $44 to $45.40. No stop for the time being. We will need to be flexible regarding the target. for background please see IPI trade on which profits were taken yesterday.
This post was just published on ZYX Buy Change Alert. Most subscribers should be holding 30% of TECD from the zone of $41 to $43 with an average price of $42.25. The stock is at $50.58 as of this writing. An acquisition by a competitor has increased the risk in this
This post was just published on ZYX Buy Change Alert. Most subscribers should have IPI from $12. to $12.75 or lower. Our long-term targets are much higher. However the short-term move up is not justifiable. Consider taking profits right here around $16.90 and exiting the position. The plan is to enter the position again if it pulls back.