(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) WEAKER THAN EXPECTED EMPLOYMENT DATA July 6, 2012 June non-farm private payrolls came at 80K vs 105K consensus. Whisper number was around 120K – 136K. Employment
This post was just published on ZYX ShortChange Alert Now there is $3.82 profit in GLD in one day. Gold futures are at support at $1578.5. Light buying is coming here. Most investors may consider booking profits on GLD right here at $153.18. Aggressive investors may consider holding but putting
This post was just published on ZYX ShortChange Alert Prior to the release of the employment data at 8:30, gold futures were down to $1596. Equivalent in GLD is $154.50. Employment data was weaker than expected. This is giving bulls hope for a QE3 and they are running up gold and
This post was just published on ZYX BuyChange Alert Our very very short term bias on gold and silver has now turned negative within the context of a neutral rating. As a full disclosure, now we are short on GLD for a very, very short-term trade.
This post was just published on ZYX ShortChange Alert Stop zone is $159.11 to $159.58. This position is being triggered by the ECB rate decision. This is a very very short term position, the risk of loss is high. This trade is for aggressive investors only. Target zone is $151 to
This post was just published on ZYX ShortChange Alert Consider short selling a 20% tranche on GLD right here at $157.
A potential game changer for gold, silver, euro, and yen is just ahead. The game changer is the meeting of the European Central Bank (ECB). Traditionally the ECB has towed the line of the Bundesbank inflation hawks. Jean-Claude Trichet, the chief of ECB until 2011, kept monetary policy tight and
Apple‘s iPhone, the iconic device from that revolutionized smart phones, turned five on Friday, June 29. There has been no other device like iPhone in history. Thousands of developers have written thousands of apps to organize the lives of iPhone users in a manner previously scarcely imaginable. iPhone left its
The Supreme Court ruling on Obama care is certain to produce some winners and losers. Buried in the 196-page opinion of the Supreme Court, there is a surprise. Even though the headlines are that the Supreme Court has upheld Obama care, the Supreme Court has reversed a part of Obama
Much has been discussed in the media about most of the aspects of the Supreme Court ruling on the Affordable Care Act, or “Obamacare.” I have not seen much about the plight of more than 100,000 insurance agents and brokers. The floodgates are about to open for the mass firing