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WHY YOU CAN IGNORE RECENT NEGATIVES FOR THE MARKET $SPY $DIA $QQQ $IWM

December 5, 2013

The stock market has fallen on the first three consecutive days in December. Traditionally, this is a very negative pattern. Moreover, several of the market internals that we monitor are showing patterns similar to the beginning of September 2011, when the market saw a roughly 7% correction. Take a look at the annotated chart of the SPDR Dow Jones Industrial Average DIA linked below. The chart shows three consecutive down days. You may also notice from the chart that this phenomenon is not typical in 2013. Please click here to see the annotated chart of DIA. Among broad index-based ETFs, a similar pattern

NEW APPLE SHORT-TERM TRADE $AAPL

December 4, 2013

Click here for an enlarged chart. These posts were published on ZYX Buy Change Alert. On November 26, 2013, the following alert was posted: A SHORT-TERM TRADE ON APPLE This trade is separate and distinct from the long-term position in Apple. AAPL is breaking out of heavy technical resistance in the zone of $530 to $535. Many such breakouts are false breakouts, therefore there is a reason to be cautious. However, bulls are floating all kinds of rumors about AAPL sales for the holidays, such rumors, at least today, are propelling the stock higher. The buy zone is $511 to $536.

HOW APPLE STOCK GOT RED HOT AGAIN $AAPL $GOOG $WMT $TGT $CHL

December 4, 2013

Click here for a bigger chart. After Apple AAPL stock had lost its momentum in recent months, it has spiked higher in the past two weeks and outperformed the S&P 500 by 8.8%. Here are seven reasons that Apple is moving higher again. The Incredible iPad Buzz It all started on November 21 in trading circles. Traders make a living by tuning in to new information early and often establish positions before there is even a hint of the new information in the mainstream media. The buzz was that the likes of Wal-Mart and Target TGT were going to heavily promote and discount iPads for

TAKE PROFITS ON MYGN AND EXIT THE POSITION

December 2, 2013

This post was just published on ZYX Short Change Alert. MYGN was short sold at $29.75 in the pre-market. As of this writing it is trading at $24.45. One of our rules is to never look a gift horse in the mouth. Consider taking profits and exiting the position right here. The plan is to short it again on any significant bounce.

NEW IDEA ON MYRIAD GENETICS, THE INVENTOR OF BREAST CANCER GENETIC TEST $MYGN $LH $DGX

December 2, 2013

This post was just published on ZYX Short Change Alert. MYGN’s claim to fame is a test to identify BRCA mutations that increase the risk of breast and ovarian cancers. Previously, DGX announced plans to compete with MYGN. Today LH announced the nationwide availability of a suite of tests to identify patients with BRCA mutations who are at increased risk for breast, ovarian and other cancers. The BRCAssure tests will be available through LH as well as Integrated Genetics and Integrated Oncology, members of LH’s Specialty Testing Group. LH’s BRCAssure BRCA1/2 Analysis will include full gene sequencing of BRCA1/2 genes and

WEEKLY MARKET DIGEST: GOOD NEWS FROM JAPAN, GOLD SET UP FOR A MINI RALLY $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT

November 29, 2013

(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) GOOD NEWS FROM JAPAN, GOLD SET UP FOR A MINI RALLY November 29, 2013 One of Japan’s biggest problems has been deflation. What happens in Japan matters because Japan is the third biggest economy in the world. Abenomics seems to be working. Core Consumer Price Index, year over year, rose 0.9%. This is indeed good news. Gold is encouraged by news from Japan and is showing potential to stage a mini rally within the context of

UPDATE ON GENERAC $GNRC

November 26, 2013

This post was just published on ZYX Short Change Alert. GNRC is running up today because of the potential storm on the East Coast. The theory is the storm will cause damages, people will lose power, and people will buy GNRC generators. The majority of the time such speculation is a selling opportunity. Consider adding a 10% tranche in the zone of $52.60 to $54. The stock is trading at $52.63 as of this writing. After this addition, 30% of the full core position size will be held. The plan is to add more if the stock goes higher. The

INTEL STRATEGY SHIFT COULD BEAR FRUIT WITH AN APPLE CHIP DEAL $AAPL $INTC $QCOM $NVDA $ARMH

November 25, 2013

My take from yesterday’s Intel INTC Investor meeting is that a big shift in CPUs for Apple AAPL iPhones and iPads may be ahead. Apple does not buy the CPU chip for its mobile devices from vendors like Qualcomm QCOM (QCOM) and NVIDIA (NVDA) but designs its own CPU chip based on ARM architecture. The architecture is provided by U.K.-based ARM Holdings (ARMH). Traditionally, Apple has contracted with Samsung to manufacture CPU chips designed by Apple for mobile devices. There has been increasing acrimony between the one time friends. Apple and Samsung are the top two players in the world in the mobile market and compete intensely with one another. In addition