This post was just published on ZYX Short Sell Change Alert Consider short selling a 5% tranche on SPY right here around $141. Also consider entering limit orders for a 5% tranche around $142.11 and another 5% tranche around $142.94. No stops for the time being. Target zone is $132
This post was just published on ZYX Short Sell Change Alert Adding a 5% tranche to SLV at $29.61.
This post was just published on ZYX Short Change Change Alert Initiating a 10% tranch short on SLV right here in the pre market at $29.42. The trigger us that silver is moving up on stale FOMC minutes. CAUTION: The risk is high because of data from China released overnight. Please
This post was just published on ZYX Buy Change Alert Smart Money actions in silver and miners were especially interesting today. For the first time in weeks, Smart Money was buying gold in size before release of the FOMC minutes. After release of the FOMC minutes, when gold crossed $1652
Some stocks have been partying like it is 1999. The frenzy over iPhone 5 has turned into a mania. The rest of the market has been “melting up” (in the words of a fellow Trading Deck contributor) on hopes that central banks will do more. There is an old saying,
Apple dominates music players, online music, smart phones and tablet computers. Steve Jobs’ dream was to dominate the TV business, too. There is no shortage of speculation, rumor or innuendo about iTV. Since I am in the business of detecting change before the crowd and building positions in stocks before Wall Street catches on,
This post was just published on ZYX Buy Change Alert Our read of the FOMC statement is that QE3 is on track. Many FOMC members favor easing soon as they seem to be focused on high unemployment. As a result of the statement, stocks are spiking up, bonds became stronger and dollar slumped. Most notable is the
This post was just published on ZYX Buy Change Alert The position is long with an average price of $34.14. Currently, 15% of the full core position size is being held. There is no change in our fundamental thesis on JPM. More profits are yet to come. However the market is
This post was just published on ZYX Buy Change Alert Momo crowd started buying gold this morning when the dollar weakened against euro. When gold broke out of the resistance, our algorithms show that heavy short covering ensued. Yesterday we wrote that there was a very, very short-term trading opportunity. That opportunity has
iPhone 5 frenzy has caused Apple(AAPL) stock to break out and hit new highs. If the nominal breakout seen so far is successful, what is the next level for Apple stock? One good way to make an estimate is to apply the Adam Theory of Markets. The Adam Theory of Markets was