After Friday’s poor job number, the momo crowd has been speculating about QE3. The probability of QE3 is very slim. At best there may be an extension of Operation Twist. What to do now? Those short GLD may continue to stay short. Those not short GLD may wait for a better opportunity.
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) A DEEPER LOOK INTO BAD EMPLOYMENT HEADLINE NUMBER AND IMPACT ON OUR INVESTMENTS April 6, 2012 Today is one of those rare days when the U.S.
Even though PNSN is not being official held in the portfolio any longer, we will continue to provide information on PNSN at least for the time being. The key question is if the present price discounts the dilution. The other key question is if there is more information that the
The stop hit on PNSN and the position is no longer being held. However, we recognize that some subscribers are still holding PNSN. We asked PNSN a number of questions and also requested them to verify the authenticity of the following letter: March 28, 2012Dear Valued Correspondent As you have
At 11:26 a.m. today, I received an email from a well-known market guru who is an expert at technical analysis. The email declared that the pattern in gold was like a coil ready to start a new rally. At 2:00 p.m. the Federal Reserve Board and the Federal Open Market
“Best Buy has simply become a show room for Amazon,” I wrote about two years ago. At that time, Best Buy stock was trading at $45. As of this writing, the stock is just above $24. After Best Buy (BBY) reported earnings on Thursday, there has been a barrage of negative
The iPad has been a big success for Apple (AAPL). Apple bulls dream of iPad gaining and maintaining a market share similar to iPod. As a matter of fact, this is one of the propositions underlying some of the very high targets by analysts on Apple stock. Until now, there
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) INCREASE IN PERSONAL SPENDING 400% OF PERSONAL INCOME INCREASE March 30, 2012 February personal spending came at 0.8% and personal income came at 0.2%. In the
In the month of March, Apple (AAPL) insiders have been dumping their stock. It is said a picture is worth a thousand words. There is no picture here, so the table below will have to do. I am purposely not regurgitating in one thousand words the contents of the table. The words
In 1971, a Japanese biochemist, Akira Endo, started work on what turned out to be the next big thing in the prevention of heart attacks and strokes, known as statins. In 1978, Merck (MRK) isolated lovastatin from fungusAspergillus terreus. Lovastatin is naturally contained in red yeast rice, a traditional Chinese fermented rice