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TARNISHED J.P. MORGAN HOLDS LUSTER FOR INVESTORS $JPM $C $BAC

October 9, 2013

It was not long ago that Jamie Dimon, CEO of J.P. Morgan, was considered the golden boy of American banking. After all, he had guided the bank mostly unscathed through the financial crisis of 2008. Then last year, the London Whale crisis erupted. Bruno Iksil, a London-based J.P. Morgan trader known for his outsized positions, hence the nickname London Whale, accumulated a big credit default swaps (CDS) position. Upon disclosure of a trading loss in this position, J.P. Morgan stock fell out of bed as shown on the chart. Click here for an annotated chart of J.P. Morgan. In the

TAKE PROFITS ON ARIAD $ARIA

October 9, 2013

This post was just published on ZYX Buy Change Alert. Consider taking profits on ARIA or protecting them with a closer trailing stop. As of this writing ARIA has moved up to $4.98. Depending upon your account size, consider taking profits on the entire position or taking profits on half of the position right here and using a tight $0.25 trailing stop on the rest.

RAISE THE STOP ON ARIAD $ARIA

October 9, 2013

This post was just published on ZYX Buy Change Alert. Consider raising the stop on ARIA to break even.

A NEW IDEA ON ARIAD $ARIA

October 9, 2013

This post was just published on ZYX Buy Change Alert. ARIA stock has been decimated as FDA puts a hold on its main drug. This idea is suitable only for ultra-aggressive investors as risk of loss is high. Consider accumulating a 10% tranche in the zone of $3. to $4.21. The stock is at $4.02 as of this writing. Stop zone $2.68 to $2.73. Target zone $7 to $8.

TAKE PROFITS ON NOKIA AND EXIT THE POSITION $NOK $MSFT

October 7, 2013

This post was just published on ZYX Buy Change Alert. Consider taking profits on NOK in the zone of $6.60 to $6.75 and exiting the position. The stock closed at $6.73. A part of the rise since NOK sold its device business to MSFT has been due to short covering. Our algorithms show that the short covering is now over. Therefore there is a risk to the down side in this stock.

TEST

October 7, 2013

This is a test.

WEEKLY MARKET DIGEST: THE EFFECT OF CATASTROPHE WARNING IS SHORT-LIVED $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT

October 4, 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. ) THE EFFECT OF CATASTROPHE WARNING IS SHORT-LIVED October 4, 2013 Yesterday the U. S. Treasury warned of catastrophe if the debt ceiling is not raised by October 17th. The stock market which has been ignoring the crisis in Washington finally listened and fell in the morning. The bulls were back in the afternoon recovering about one-third of the loss. Bulls are back again in the pre-market trading. The bulls continue to believe that the crisis will

WEEKLY MARKET DIGEST: GOLD JUMPS ON CHARLES EVANS’ COMMENTS AND GOVERNMENT SHUT DOWN PROSPECTS $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT

September 27, 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. ) GOLD JUMPS ON CHARLES EVANS’ COMMENTS AND GOVERNMENT SHUT DOWN PROSPECTS September 27, 2013 Gold jumped this morning on comments by Chicago Fed President, Charles Evans, and government shut down prospects. The gold market is misinterpreting Evans’ comments. Evans was all over the place regarding taper; gold bulls simply picked up the bullish points and ignored the bearish points. The gold market is believing that there will be a government shut down, but a