The big bullish argument on Apple in the fourth quarter of 2012 was that the near $200 drop from its high in the stock price was primarily due to tax-motivated selling. The bulls contended that fundamentals were intact. Now this big bullish argument has proven false as trading in 2013 has unfolded.
The piece I recently wrote, Tizen Rising, Ready To Challenge Apple And Google In 2013, outlined the threat posed by a new giant ready to attack Apple’s and Google Android’s dominance of the smart phone market. Now the news is that Tizen is gaining steam faster than expected. According to CNET, Samsung has confirmed
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) BETTER THAN EXPECTED ECONOMIC DATA CONTINUES TO POUR January 4, 2013 Monthly employment from Bureau of Labor Statistics are popularly known as the mother of all
Not too far into the future, it may become commonplace for people to run common functions in their homes using their smart phones. The functions may include lights, security systems, thermostats, appliances and entertainment devices. Would you want Apple, Microsoft, or Google to run your home? All three companies see this as a big
This post was just published on ZYX Short Sell Change Alert. The bottom fell out of gold right after our downgrade yesterday. This morning when gold hit $1630 the momo crowd started buying aggressively. The chart illustrates the point. Our downgrade from yesterday stays in effect.
This post was just published on ZYX Short Sell Change Alert. Consider adding a 10% tranche to SPY in the zone of $145.64 – $145.89. After this addition, 20% of the full core position will be held.
This post was just published on ZYX Short Sell Change Alert Initiating a 10% tranche short on SPY right here in the zone of $145.90 -146.20. The plan is to add more if SPY goes higher. This is a short term trade. The trigger is the release of FOMC minutes which show lessening
This post was just published on ZYX Buy Change Alert. The ETF seeks to replicate MSCI United Kingdom Index. This ETF also provides an attractive dividend of about 3.58%. The position is long with an average price of $14.62. Currently, 65% of the full core position size is being held. Previously
This post was just published on ZYX Buy Change Alert. FOMC minutes that were released at 2:00 pm ET show increasing dissention in the Fed in continuing QE. This may create headwinds for the stock market. Consider taking the following actions: Those who have learned hedging may consider adding a 25% hedge
This post was just published on ZYX Buy Change Alert. The reason behind NOK move today is a report that the Chinese version of its flagship phone Lumia 920T is selling well. What To Do Now? Those in the position may continue to hold. Those not in the position may wait for a