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TAKE MORE PARTIAL PROFITS ON ZAGG $ZAGG

February 25, 2014

This post was just published on ZYX Short Change Alert. The ZAGG position is short from $13.85 and 30% of the full core position size is being held. Profits have previously been taken as low as $4.00. The just reported earnings were slightly better than expectations. The stock closed at $4.26 but in the aftermarket as of this writing it is trading in the range of $4.30 to $4.65. What To Do Now? Those in the stock may consider taking profits on another 10% tranche. This will leave 20% of the full core position size. Those not in the stock may wait for a

TIME TO LOCK IN MORE OF THE GREAT PROFITS IN NATURAL GAS $UNG $NG_F $BOIL $DGAZ

February 25, 2014

This post was just published on ZYX Short Change Alert. February natural gas contract is approaching expiration. 30% of the full core position size is being held. On expiration the contract is likely to be very volatile. Consider locking in profits on a 20% tranche or two thirds of the position in the zone of $4.20 to $4.91. February futures contract is at $4.84 as of this writing. Consider rolling over the remaining 10% tranche to March. Those holding ETFs may also consider locking in profits on 20% of full core position size. This will leave 10% still being held.

TIZEN STARTS ASSAULT ON GOOGLE ANDROID AND APPLE IOS $FB $TSG $INTC $FB $GOOG $AAPL

February 25, 2014

On Sunday at the Mobile World Congress in Barcelona, Spain, Samsung announced the release of two new smart watches called Gear 2 and Gear 2 Neo. Unlike their predecessor smart watch from Samsung, which was powered by Android, these new models use the Tizen operating system. To date most of Samsung’s mobile devices have been powered by Android. Tizen is a way for Samsung to reduce its dependence on Google. Tizen operating system is based on Linux and is governed by a Technical Steering Group (TSG) in which Samsung (SSNLF) and Intel (INTC) are the major influencers. On advantage of Tizen is

A NEW IDEA ON EBAY $EBAY $AAPL

February 24, 2014

This post was just published on ZYX Buy Change Alert. Consider starting a 25% tranche in EBAY. EBAY has been undervalued. The trigger for the trade is Icahn redeploying capital from AAPL to EBAY. Buy zone is $54-55.50. The stock is at $55.10 as of this writing in the pre-market. Target zone is $68 to $73. No stop zone for the time being as accumulation has just started. The plan is to add more as the stock dips unless something fundamental changes.

WEEKLY MARKET DIGEST: NASDAQ AT ITS BEST LEVEL IN 13.5 YEARS BUT RISKS ARE RISING, GOLD MOMO CROWD BUYS INTO RESISTANCE $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT

February 21, 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. ) NASDAQ AT ITS BEST LEVEL IN 13.5 YEARS BUT RISKS ARE RISING, GOLD MOMO CROWD BUYS INTO RESISTANCE February 21, 2014 Nasdaq is at its best level in 13.5 years. S&P 500 is close to making a new high. However as explained in yesterday’s morning capsule, risks have risen. Gold momo crowd is back buying heavily into resistance. As has been the case over the last three years, the behavior of the momo crowd is nontraditional.

SMART MONEY SELLS INTO MYLAN RISE FOR A GOOD REASON $MYL $FRX $ACT $TEVA

February 21, 2014

Since the Feb. 18 announcement that Actavis would acquire Forest Laboratories for about $25 billion, which caused Forest Laboratories stock to leap higher, Mylan stock has been moving up strongly in sympathy on speculation it, too, could be bought. However, the Smart Money has been selling Mylan into the strength, and with good reason. The annotated chart shows the strong rise after the Forest news and short-term technical picture. Please click here to see chart of Mylan The problem in this case is that such speculation is without any basis in fact and is ill informed. Let us start out by examining

WAL-MART EARNINGS $WMT

February 20, 2014

This post was just published on ZYX Buy Change Alert. WMT is long from $58.88. As of this writing the stock has fallen to $72.89 on poor earnings. The poor earnings appear to be temporary in nature. The new buy zone is $65. to $70.11. What To Do Now? Those in the stock may continue to hold. Those not in the stock may consider scaling in on a dip into the buy zone.

INITIATE OR ADD TO S&P 500 SHORT $SPY

February 19, 2014

This post was just published on ZYX Short Change Alert. Consider initiating or adding a 10% tranche to SPY short position in the zone of $183.20 to $184.50. No stop for the time being.