During the presidential debate on Wednesday in Denver, every time Gov. Mitt Romney seemed to score a point on President Barack Obama, gold futures ticked higher. At points when Obama seemed to be recovering, gold futures ticked down. As the debate ended and gurus, even on MSNBC, started proclaiming Romney the winner
This post was just published on ZYX Short Sell Change Consider adding a 10% tranche to SLV right here around $33.75. Futures EQ is $34.82. Stop zone on this tranche only is $35.27 to $35.63.
Gold is running on the Romney debate win as the momentum (momo) crowd is getting excited and aggressively buying. The momo crowd favors Romney. The logic be damned. It is indisputable, in my opinion, that a Romney win is bad for gold and silver. Why is that? Romney has clearly
This post was just published on ZYX Buy Change THC is a hospital chain that will benefit if Obama wins but will be hurt if Romney wins. Partial profits have already been taken on 30% of the position. The plan is to continue to steadily take partial profits unless the political
This post was just published on ZYX Buy Change SYMBOL SMART MONEY BUYING IN MILLIONS OF $ SMART MONEY SELLING IN MILLIONS OF $ GLD 22.41 SLV 6.32 ABX 12.21 NEM 8.35 GDX 20.56 GDXJ 6.23 GG 4.24 SLW 0.77 PAAS 1.23 CDE 1.39 Smart Money in our parlance is the
This post was just published on ZYX Buy Change Consider taking partial profits on a 10% tranche on THC in the zone of $6 to $6.50 in view of strong performance by Romney in the debate.
I receive a large number of emails, many of which are showing that some Apple AAPL investors are becoming anxious. Who can blame them? The stock market continues to go up, but Apple stock continues to underperform. The price action in Apple yesterday was especially negative. Relax, all is well! As
This post was just published on ZYX Buy Change Consider putting a protective stop on CIEN for entire remaining position in the zone of $12.63 to $12.73. There is some question about the large orders not materializing from wireless carriers as fast as anticipated.
Talking heads are tripping over each other to echo negative sentiment about Tim Cook. They are even throwing around wild numbers such as $30 billion loss because of Apple (AAPL) Maps without any solid foundation. I am a late comer to the world of media. Even though I write extensively about technology, business,
This post was recently published on ZYX Short Sell Change In the year 2011-12 , India imported 1,067 tonnes of gold worth about $60 billion. In the April-June quarter of 2012-13 fiscal year, gold imports had contracted by 18.4 per cent year-on-year to about $13 billion. India’s imports of gold are likely