This post was just published on ZYX Buy Change AAPL has fallen to fill the gap from late July at $585.83. In traditional technical analysis theory, all gaps fill; in practice, most but not all gaps fill. After a gap is filled, the stock is presumed to enter a support level
This post was just published on ZYX Short Sell Change Silver has broken support at $32 and now is sitting at a minor support at $31.20, equivalent in SLV is $30.26. So far selling by Smart Money is overwhelming buying by the momo crowd. If we see Smart Money taking profits on their
Greetings, The damage caused by Hurricane Sandy is a tragedy. I am reaching out to our readers to warn about investment scams related to Sandy that are mushrooming. Consider not investing based on emails or sham sites to profit from Sandy. There are lots of scams that are promoting stocks.
This post was just published on ZYX Short Sell Change 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. ZAGG beats by $0.10, misses on revs; guides FY12 revs above consensus (7.70 +0.52). ZAGG also reports Q3
October was not a kind month to Apple. There has been a big management shakeup, the Street does not like the price of the iPad mini, iPhone 5 is experiencing supply issues, and earnings–as well as projections–were below expectations. As if Apple needed it, the Israeli-U.S. start-up, Boxee, is now bringing
This post was just published on ZYX Buy Change As we told you yesterday early morning, the momo crowd was aggressively buying gold and silver. The buying continued throughout the day and is continuing this morning. The momo crowd is advancing double bottom in gold as the reason for buying. Take
In the middle of the news surrounding hurricane Sandy, the big news from Google (GOOG) seems to have been lost. With the introduction of Nexus 4, Google has pulled off a big price coup. An unlocked version of Nexus 4 is priced at $299, a remarkably low price for a phone of
The ouster of Scott Forstall, senior vice president of iPhone Software at Apple, and the former heir apparent to the top job, indicates that problems at Apple run deeper than generally understood. Forstall was often compared to Steve Jobs, both for his brilliance and his abrasiveness. On the surface Forstall’s ouster is related
The Walt Disney Co. is buying Lucasfilm for about $4.05 billion in stock and cash. Lucasfilm is best known for its lucrative Star Wars franchise. Disney will makeStar Wars: Episode VII for release in 2015. With this purchase, Disney is expanding in the tent-pole feature film business. In recent years, Disney has expanded
In the coming days, several stocks that are affected by hurricane Sandy will offer trading opportunities both on the long and the short side. Here is how to play them based on the historical data from previous storms. Insurance stocks Insurance stocks such as Travelers TRV, Chubb CB, and Allstate