Apple stock faces stiff resistance in the zone of $497 to $514. The reason is that Apple is still over-owned as well as overweight in many portfolios. It is difficult to say what retail investors will do when Apple stock approaches $500, but professionals who are overweight Apple stock are
The first carrier to introduce the BlackBerry Z10 in the U.S. is not Verizon, AT&T, Sprint, or T-Mobile. It is a carrier that you have probably never heard of. Solavei, a relatively new phone carrier, is introducing Z10 for a price of $999. You can buy it on their website with a promise
Yesterday trading in Apple and BlackBerry was a show of contrast. Apple rose about 1% and BlackBerry fell 4.6%. Of interest is that money flow was negative in Apple while the stock was going up and money flow in BlackBerry was positive while the stock was going down. Apple had lots of
This post was published on ZYX Buy Change Alert. We are downgrading gold and silver in the very, very short-term and the short-term. Here are our current ratings on gold and silver. Neutral with negative bias in the very, very short-term. Neutral with negative bias in the short-term. Negative in the
Both the New York Times and theWall Street Journal are reporting that Apple is working on a watch-like device. iWatch has been in the rumor mill for a long time, but now the rumor has gained more credibility being spread by these august outlets. Pebble, a smart watch that shows emails or text messages easily
These posts were just published on ZYX Buy Change Alert. First Post This is a short-term trade suitable only for aggressive investors. Consider initiating a 20% tranche in CIT in the zone of $41.80 to $42.45. Second Post CIT is a speciality finance company. IT has long been rumored as a
Thursday morning, the news broke that David Einhorn’s Greenlight Capital had filed a law suit against Apple demanding that it give a bigger portion of its $137 billion cash to investors by issuing preferred shares. Much has been written in the media about the details of the lawsuit. Not much
This post was just published on ZYX Short Sell Change Alert. ZAGG is short from$13.85 and previously profits have been taken as low $6.95. 60% of the full core position size is being held. Consider taking profits on a 10% tranche right here around $6.70.
These days there is much debate about the future direction of gold. Fundamentals of gold are muddled. On one hand central banks continue to print lots of money, but on the other, inflation seems to be under control. Under such circumstances when the fundamentals are in flux, one can gain
In the negative hoopla surrounding Apple these days, it is a common lament that Apple is no longer innovating. A newly approved patent suggests otherwise. A solar powered iPhone from Apple may be in your future. Battery technology has become a limitation in advancement of phones. The new generation phones have faster