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WEEKLY MARKET DIGEST: EARLY ATTEMPTS TO SELL OFF ARE MET WITH BUYING $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT

June 1, 2014

(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) EARLY ATTEMPTS TO SELL OFF ARE MET WITH BUYING May 30, 2014 Early attempts to sell stocks have met with buying. Gold and silver are drifting lower. Interest rates are slightly edging up. Oil is falling. Gold futures are at $1254, silver futures are at $19.00, and oil futures are $102.80. S&P 500 resistance levels are 1925 and 1950; support levels are 1900, 1875, and 1950. DJIA futures are down 22 points. GDP FALLS, SILVER BREAKS

TAKE PROFITS ON NPS PHARMACEUTICALS $NPSP $SHPG

May 30, 2014

This post was just published on ZYX Short Change Alert. There is a small profit in NPSP. Consider booking it before the market close. There is an obvious risk over the weekend. Then consider short selling it again on Monday if it runs up. The buy to cover zone is $30-31.65. The stock is at $30.80 as of this writing.

A NEW IDEA ON NPS PHARMACEUTICALS $NPSP $SHPG

May 30, 2014

This post was just published on ZYX Short Change Alert. NPSP is a pharma company that is running up on rumors that Shire will by it. In all likelihood these rumors are false. Consider a 20% tranche in the zone of $33.50 to $34.85. The stock is at $34.31 as of this writing but is very volatile and your price may be different. It is suitable only for those who can withstand the risk if we are wrong and there really is a buy out. Target zone is $27 to $30.50. Stops zone is $36.55 to $36.85. However please be aware

WHAT IS A BETTER INVESTMENT NOW: GOLD OR SILVER? $GLD $SLV #GOLD #SILVER

May 29, 2014

C lick here to see an enlarged chart. An investor who has decided to invest in precious metals has four choices: gold, silver, platinum, and palladium. This article is limited to choosing between gold and silver. There are times when gold is a better investment, and there are times when silver is a better investment. Let us start by looking at the charts. The chart shows that from June 2006 to November 2008, gold was a better investment than silver; during this period a gold investor would have gained over 10% while a silver investor would have lost over 20%.

A NEW IDEA ON PROSENSA HOLDING $RNA $PTCT

May 29, 2014

This post was just published on ZYX Short Change Alert. RNA is a development stage biotech company. Until yesterday shares had moved up in sympathy with the success at PTCT. Today’s shares are moving up strongly again as investors react to company releasing its presentation to be made at Jeffries on June 4 2014. The up-move on the stock is way overdone. There is an opportunity to make about 40% in a short time but there is high risk of a short squeeze. Further, there is a high risk because the company can be bought out at a much higher price.

TAKE PARTIAL PROFITS ON SMITH & NEPHEW AS PER THE PLAN $SNN $SYK $ZMH

May 29, 2014

This post was just published on ZYX Buy Change Alert. We clearly stated yesterday that the plan was to take partial profits on SNN if the stock rose today. In the pre-market, the stock is rising about $4 to $87. Those who took on a full position of 40% with anticipation of taking some profits today may consider taking profits on a 10% tranche right here around $87 and plan to take profits on an additional 10% before the market close in the zone of $86 to $92. These kind of stocks have a tendency to run in the afternoons.

OMINOUS BREAK IN GOLD HAS INVESTORS ON EDGE $GLD $SLV $GDX $GDXJ $NEM $GG

May 28, 2014

Please click here for the annotated chart. Gold broke technical supports, shown on the chart, Tuesday, which could have important implications for the short term. The break is ominous because the support that is now broken was a strong support characterized by a triple bottom. This triple bottom was formed at the end of a down trend that started in March. On March 14, 2014, I made an unequivocal call to sell/short gold and silver. That call has proven spot on, as it coincided with the exact top in gold as shown on the chart. This was the top

TAKE PARTIAL PROFITS ON UNITED CONTINENTAL HOLDINGS $UAL

May 28, 2014

This post was just published on ZYX Buy Change Alert. Consider taking advantage of the strength and taking profits on a 10% tranche in the zone of $45 to $46.53. The stock is at $45.05 as of this writing. After this profit taking only 10% of the full core position size will be left.