Consider taking profits on GLD tranche from yesterday right here at $166.22. Still maintaining 25% of the full core position size as a short. In view of the fact that momo crowd sold gold on hard data showing that inflation is heating up, trading gold and silver have become treacherous.
Ever since I recommended buying Apple (AAPL) stock at $131, I have been a big Apple bull. Long before it was popular, I was writing that Apple stock can go to $1,000. My analysis leads me to believe that there is about a 25% probability of Apple stock falling by
In the world of information technology, the megatrend of cloud computing is in its infancy. Cloud computing entails providing software as service. Cloud computing stocks are very expensive, face stiff competition and are subject to rapid technological changes. However, these stocks are being taken over at a rapid clip. Oracle
According to Walter Isaacson, Steve Jobs said, ‘œI will spend my last dying breath if I need to, and I will spend every penny of Apple‘s $40 billion in the bank, to right this wrong,’ It is old news that Apple (AAPL) has been fighting legal battles across the globe
Taking profits on 10% tranche on GLD right here at $166.95. This action is in response to CME reducing margin requirements on gold futures. This means that the momo crowd is going to be able to borrow more money to buy more gold.
Rare earth stocks such as Rare Element Resources REE, Molycorp MCP and Avalon Rare Metals AVL have been hot. Some bulls on these stocks have justified the valuation of some of the companies based on the estimates of rare earth deposits in their properties. In their zeal, bulls seem to
Yesterday a 5% GLD tranche was sold short at $170.05. Consider taking profit on this tranche before the market close today in the zone of $165 to $167. The reason the zone is so wide is because there is no way to predict what GLD will do going into
There is a potential technological development that may change our stance on AAPL. When and if this development occurs, we will let you know. The purpose of this post is to provide you with background so that you can act with conviction is this development comes to pass. The key
A new nuclear power plant has just been approved for the first time since 1978. After the conclusion of the Nuclear Regulatory Commission’s (NRC) hearing on Southern Nuclear Operating Company’s (SNC) application for two Combined Licenses (COL) at the Vogtle site in Georgia, the NRC ruled that the staff’s