(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) LET THE BATTLE ROYAL BEGIN August 3, 2012 For the second time in a row, a major piece of U.S. economic data came better than expected.
This post was just published on ZYX Short Sell Change Alert After profit taking this morning 80% of the full core position is being held. Average entry price is $13.85 and previously profits have been taken as low $7.62. This is a very long-term position. Our target remains $3 – $5.
This post was just published on ZYX Short Sell Change Alert In keeping with our practice of always booking some profits, consider taking profits on a 20% tranche of ZAGG right here around $8.36. Aggressive investors, as an alternate may choose to set a stop at $8.76 on a 20% tranche
This post was just published on ZYX Short Sell Change Alert ZAGG reports $0.18 vs consensus of $0.19; revenues of $61.6 million vs consensus of $59.38 million. Sees FY12 revenues of $265 million vs $262 million consensus. Please note that revenue projection is below consensus. A particular item of interest is
This post was just published on ZYX Buy Change Alert From the emails we have received, there appears to be a strong interest among our subscribers in gold and silver miners. Yesterday we commented that for the first time Smart Money was buying precious miners in a long time. Here
This post was just published on ZYX Buy Change Alert Gold and silver are being downgraded from neutral with no bias to neutral with negative bias. The reason is Draghi’s failure to act immediately.
BGR reports that AT&T has ordered retail staff to sell “anything but” Apple‘s iPhone. BGR backs up the report by claiming that it has confirmed the directive by three independent sources. According to BGR, regional managers have been telling store managers to steer consumers away from iPhones. I have attempted but not been able to confirm
This post was just published on ZYX Buy Change Alert Our rating on gold and silver has been neutral with positive bias. Now gold and silver are being downgraded to neutral with no bias. Our models are driven by a large number of factors. There are two triggers for the downgrade.
Apple has been phenomenally successful in designing and selling devices but it has stumbled badly in developing its own social media. Apple is in great need to rectify its social deficiency. One good way to remedy the situation is for Apple to buy Twitter. Rumors have been rife over the last
It was not long ago that legions of travel agents labored all across America in offices ranging from those located in class A office buildings to downtrodden strip malls. They gawked at 14-inch green CRT screens at gobbledygook codes that only they could understand. When it came to travel, travel