This post was just published on ZYX Buy Change Alert LOW is a hardware retail chain. The company reported lousy earnings and gave terrible guidance. The company has been losing market share to HD. HD and LOW are like a sea-saw, they always go through cycles of one gaining market
This post was just published on ZYX Short Sell Change Alert Consider taking partial profits on ZAGG on a 10% tranche right here around $6.95.
European Central Bank Chief Mario Draghi may follow the U.S. lead and fire off his own bazooka. Requesting broader spending powers, Treasury Secretary Hank Paulson famously told Congress that he needed “a bazooka” to head off the financial crisis. German magazine Der Spiegel reports that the ECB is now considering
Robert G. Pedersen II has stepped down as CEO and chairman. ZAGG president and COO Randall Hales has been appointed interim CEO by the board, and Cheryl Larabee has been appointed to serve as chairperson of the board, effective immediately. Pederson sold 515,000 shares of ZAGG stock, or $4,234,021 worth, as noted
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) SPAIN IS THE BEST PERFORMING MARKET August 17, 2012 Since July 24th bottom, the Spanish market is up about 25%. The up move continues this morning.
There are plenty of reasons to buy gold; buying gold just because Paulson and Soros bought gold is a fool’s game. For years, I have analyzed Form 13F Reports filed by institutional investment managers with the U.S. Securities and Exchange Commission (SEC). An institutional investment manager exercising discretion over $100 million
It is no surprise that Apple will launch iPhone 5 soon. The debut is widely expected on September 12, 2012. The surprise is that Nokia (NOK) and Microsoft (MSFT) are planning to beat the iPhone to the punch. Microsoft and Nokia have sent out a notice of a press event in New York on September 5, 2012. As
This post was just published on ZYX Buy Change Alert Gold and silver are running up on overnight comments from Chinese premier Wen that indicated higher likelihood of stimulus in China. Interestingly gold trading data from Shanghai overnight shows that Chinese investors dismissed Wen’s comments. However, American gold momo
The most recent run in gold and silver is based on the belief that the central banks all over the globe are once again about to ease. When the most recent run up started, there was sound basis for the belief as economic data was weak. However, the recent data
A popular axiom among long-only investors is to “buy low sell high.” For those investors who are equally interested in making money from both markets going up and markets going down, the parallel axiom is, “short-sell high and buy-to-cover low.” In the short-term, the stock market is overbought, and it