While the S&P 500 is making highs, the Chinese market is beginning to dip. The big news is the firing of Bo Xilai, the populist leader. Bo was the head of Chongqing Municipality. Bo successfully led the city of about 30 million people to rapid development, narrowed the gap between
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) INFLATION DROPS March 16, 2012 Core Consumer Price Index (CPI) drops to 0.1% from prior 0.2%. Consensus was 0.2%. Stocks and bonds are taking encouragement from
Apple (AAPL) has become one of the world’s largest buyers of semiconductors. Whenever a new Apple device is introduced, a race is on to tear down the device and find the origin of the components inside. This time the winner is iFixit. iFixit reports the following components inside the new
“Imagine a world where finding, enjoying, storing and moving content is easy. Because TV should be easy.” You would think these are the words from an Apple (AAPL) ad for its much speculated upcoming iTV. You could not be more wrong. With a little help from Cisco Systems (CSCO), soon every player in the
The recent swoon in gold and silver prices has dramatically increased the number of emails I receive from investors trying to figure what to do now. There is no shortage of advice on the Internet. An investor can easily find contradictory advice from gurus. Instead of listening to gurus, astute
Apple may end up paying billions to Samsung (SSNGY) for the new iPad. Apple euphoria is in full swing. Some Apple fans have made their investment far more than an investment; it is a love affair and personal. From the emails I receive it is obvious that the love affair with
PNSN is falling after restructuring. Those not in the stock may consider starting a 10% tranche right here around $1.00. Also consider adding a second 10% tranche in the zone of $0.80 to $0.93. Those in the stock may consider adding a 10% tranche in the zone of $0.80 to $0.93.
There is a yellow flag flying on Apple(AAPL) that should caution all Apple investors to pay attention. Astute investors know that sentiment plays a big part in the stock market. At extremes, sentiment is a contrary indicator. In plain English, very bullish sentiment is a negative indicator and a very bearish
Our algorithms show that mom and pop momo crowd who were mainly responsible for the last run up in gold and silver are not selling during this swoon. As we reported this morning, our algorithms show aggressive selling by institutions in Asia. In the U.S. market, selling by Smart Money
The Federal Open Market Committee (FOMC) of the Federal Reserve today released its customary statement after its meeting. Fed Chairman Ben Bernanke seems to have borrowed a page from Mervyn King, Governor of the Bank of England. King has made an art of playing a game with the markets by a lot