Proven Track Record of Most Accurate Analysis
Proven Track Record
of Most Accurate Analysis
This post was just published on ZYX Buy Change Alert. Consider taking profits on a 10% tranche of JD in the zone of $24.68 to $26.73. The stock is trading at $24.91 as of this writing. After this profit taking 20% of the full core position size will be left.
When a stock is under owned and good news comes, there are plenty of buyers to move the stock up. On the other hand, when a stock is over owned, there aren’t many buyers left to push it higher and even the slightest bit of negative news can push the stock down. According to Morgan Stanley, the top 100 institutional investors cut their holdings of Apple in the first quarter of 2014. Morgan Stanley also says that Apple is the only large cap technology company with institutional ownership less than its weight in S&P 500. There are three technology companies,
This post was just published on ZYX Buy Change Alert. This is suitable for aggressive investors only. After the recent buyout by ZMH of Biomet, it makes all the sense in the world for SYK and SNN to merge to stay competitive in the orthopedics business. There was a report this morning that SYK is preparing a bid for SNN. The report has since been refuted. Any bid will likely be around $100. Consider slowly accumulating SNN in the zone of $75 to $82.50 for a maximum of 40% of the full core position size. The stock is at $81.40 as of
It was not long ago that Samsung introduced the wearable watch that communicates with Samsung phones under the brand name Galaxy Gear. Galaxy Gear sales have been nothing to write home about, but poor sales have not stopped intense speculation that Apple (AAPL) will soon introduce its own wearable watch to compete with Samsung. Now Samsung is upping the ante by beating Apple to the punch with the planned introduction of a new stand along smart watch-phone. According to the Wall Street Journal, the new watch-phone will have “a suite of features that would make the gadget-toting James Bond proud.
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) GOLD FAILS TO HOLD $1300 AHEAD OF WEEKEND UKRAINE ELECTIONS May 23, 2014 Ahead of weekend Ukraine election and rising violence, gold fails to hold $1300 key level. If gold does not close above $1300 before the long weekend, it will be a negative sign for gold. The bizarre interest rate behavior continues; interest rates are falling again this morning while stocks are levitating. There is a potential for short covering ahead of the long
This post was just published on ZYX Buy Change Alert. St. Joe Company The company is a big land owner in North West Florida and a real estate developer. The position is long with an average price of $18.00. Currently, 80% of the full core position size is being held. Profits have been taken as high as $23.16. Buy zone is $16.26 to $19.76. Target zone is $34 to $38. The stock was in the buy zone as late as May 13, 2014. Subscribers who were paying attention to the buy zone may notice that on April 24th the stock
This post was just published on ZYX Buy Change Alert. There are times when a mental stop is suitable. This is not one of those times with JD. Hard stops may be considered by those in this position.
This post was just published on ZYX Buy Change Alert. JD is a new IPO that will start trading shortly. It is an ecommerce company in China. Up to 30% of the full core position size may be considered in the zone of $19 to $23.50, preferably below $21.67. The stock is likely to be volatile when it opens, for this reason scaling in with the smallest practical tranche may be considered. Experienced traders may need to take slight liberty with the buy zone. Hard stop in the zone of $18.88 to $18.94. Target zone is $28 to $33. This is a