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WEEKLY MARKET DIGEST: MODI SWEEPS INDIA, GOOD FOR GOLD $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT

May 16, 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. ) MODI SWEEPS INDIA, GOOD FOR GOLD May 16, 2014 Narendra Modi sweeps India’s election trouncing the ruling Congress Party. Modi will have a solid majority in the lower house of parliament and thus should be able to push his agenda through. The core constituency of Modi’s BJP Party is small business, precisely the people who hoard gold. Modi will be under pressure to reduce duties on the import of gold. The budding rally in gold

A NEW IDEA ON NORDSTROM $JWN

May 15, 2014

This post was just published on ZYX Short Change Alert. JWN is a department store that reported slightly better than expected earnings. Projections are in line. The stock is trading up over $6.00 at $68.50 in the after market. It would appear a lot of the buying is not fundamentally driven but being done by technical buyers who are simply looking at a breakout on the chart. Consider short selling a 10% tranche right here and add to it for a maximum of 30% of the full core position size up to $72.25. Mental stop zone is $73.11 to $75.26. Target zone

A COURT RULING TO ‘FORGET’ COULD GET EXPENSIVE FOR GOOGLE, FACEBOOK, TWITTER $GOOG $MSFT $FB $TWTR $YELP

May 13, 2014

Technology often leaps ahead of the laws needed to deal with the aftermath of widespread adoption of new technologies. Monday’s ruling by the Court of Justice of the European Union, based in Luxembourg, illustrates the point. The court ordered Google to modify links to information that is irrelevant or outdated in a manner to forget such information.. The case was brought by Mario Costeja Gonzalez of Spain to force Google to delete an auction notice of his repossessed home from back in 1998. The court added the data that may be accurate or lawful when initially published may in due

ELECTRONIC ARTS INSIDER SELLING SOUNDS ALARM $EA $KING $ZNGA $MSFT $SNE

May 13, 2014

Electronic Arts’ executives have been aggressively selling their stock , with COO Peter Moore having sold 100,000 shares (half of his holdings), Executive Vice President Patrick Soderlund selling 36,133 shares, which are all of his holdings, and General Counsel Stephen Bene selling 7,771 shares, which are all of his holdings of class D shares. Investors may want to consider following EA executives and selling their shares into the strength. Sophisticated investors may consider short-selling the shares. Let us start by looking at the annotated chart. Please click here for the annotated chart. As the chart shows, shares gapped open on much-better-than-expected

IS TESLA MOTORS WORTH $50 OR $500? $TSLA $NFLX $TWTR $SCTY

May 12, 2014

Wednesday, after the close, Tesla Motors reported earnings. The results were impressive by any measure, and projections were in line with our expectations. However, in the aftermarket, the stock fell as the reported numbers were below the whisper numbers. The earnings report and the conference call provided a lot of details, but these details are simply noise, both from the perspective of the long-term investor and the short-term trader. So, where does that leave us regarding price? The chart Let us start out by taking a look at the daily chart. Please click here for the annotated chart. The chart

WEEKLY MARKET DIGEST: YELLEN MAGIC AND CHINA DATA IGNITES OPTIMISM $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT

May 9, 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. ) THE THREAT OF DEFLATION IS REAL May 9, 2014 A big task for investors is to be alert to scenarios that are not discounted in the prices. Our main focus has been to protect against inflation. However, the recent data including performance of bonds across the world shows that the threat of deflation is real. In other words, portfolios need to be protected not only against inflation but also deflation. The only way to accomplish

UPDATE ON TWITTER $TWTR

May 9, 2014

This post was just published on ZYX Buy Change Alert. TWTR is long from $26 and profits have been taken as high as $70. Only 10% is being held starting with 100% position. Is TWTR a buy after the recent plunge? The data is mixed. Investors can take a look at the following probabilities and make their own decision based on their own risk tolerance. ZONE FOR SWING LOW PERCENTAGE PROBABILITY $29 to $32 15% $26 to $29 25% $23 to $26 50% $17 to $23 10% What To Do Now? Those holding 10% may consider continuing

UPDATE ON HOME BUILDER KB HOMES $KBH $PHM $DHI $XHB $ITB

May 9, 2014

This post was just published on ZYX Buy Change Alert. One of the premise behind holding KBH has been that housing would get better in the Spring due to pent-up-demand and low mortgage interest rates. Spring is half over and housing sales data is not encouraging. The main issue is that house prices have run up disproportionate to increasing incomes. This week, the Fed Chair, Janet Yellen, expressed concern about the state of housing. It is best to set aside one’s personal opinions about the Federal Reserve and Janet Yellen; there is no denying that the Fed has more data and