Apple reported bad earnings. The company missed estimates on almost all metrics as shown below. Earnings came in at $8.67 vs. published consensus of $8.75 and whisper numbers around $9.10. iPad sales came at 14 million vs. published consensus of 17 million and whisper numbers around 18 million. Mac sales
This post was just published on ZYX Buy Change Consider taking partial profits on a 15% tranche on AAPL right here around $610. Please take liberty with the price. Also suspending buy zones on AAPL. Earnings are a lot lower than expected.
This post was just published on ZYX Short Sell Change Changing the lower band of the short zone on P to $8.45.
This post was just published on ZYX Short Sell Change AAPL has announced that it will start a new radio service in early 2013. This is a direct challenge to Pandora (P). Short zone is $8.75 to $10. Please build a position carefully based on your risk tolerance as short interest
This post was just published on ZYX Buy Change The real reason behind the gold, silver, and miner up move today is a rumor that the Bank of Japan will announce $120 billion QE tonight. The Japanese yen has also weakened against the dollar because of the rumor. We have not been able to confirm
Administrative Law Judge Thomas B. Pender, of the United States International Trade Commission (ITC) has found that Steve Jobs’ invention covered by patent number 7,479,949 was violated by Samsung. Here is the abstract of the patent: A computer-implemented method for use in conjunction with a computing device with a touch screen display comprises: detecting one
On Tuesday, Apple (AAPL) made a number of product announcements including one for the iPad Mini, the fourth-generation iPad, a 13-inch MacBook Pro with Retina display and updated Mac Minis. To me it was striking from yesterday’s event that Tim Cook appears to be abandoning Steve Jobs’ strategies that made Apple so successful. Steve Jobs’
The Federal Reserve provides a gold mine of both medium-term investment opportunities and short-term trading opportunities. The Federal Open Market Committee (FOMC) holds eight regularly scheduled meetings every year. One of those is being held this week, with a rate decision set to be announced at 2:15 p.m. Eastern on
This post was just published on ZYX Short Sell Change Alert Consider taking profits on the entire tranche short from $33.75 right here in the pre-market around $30.88. Futures equivalent is $31.89. Continue to maintain the remaining 65% of the full core position size.
This post was just published on ZYX Short Sell Change Alert. Consider shorting a 10% tranche in the zone of $39.80 – $40.60. HAS reported good earnings this morning. The up move in the stock is a shorting opportunity for the long-term. The reason is that parents are spending less