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UPDATE ON NOKIA $NOK

July 18, 2013

This post was just published on ZYX Buy Change Alert. NOK earnings were below consensus expectations. Our thesis for holding NOK is not earnings in the short-term but a longer term play on either NOK being bought out by Microsoft or Windows phone catching more traction. If the current trends continue, the plan will be to reduce the size of the position. What To Do Now? Those in the stock may continue to hold. Those not in the stock may not enter at this time.

ADD OR INITIATE TO ST JUDE MEDICAL $STJ

July 17, 2013

These posts were just published on ZYX Short Change Alert. STJ reported earnings that are slightly better than expectations. Our short thesis has to do with the quality of the products and its resulting negative effects on the company’s reputation. Our thesis remains intact. However, in this bull market it is important to be cautious. There are two courses of action here. Those who cannot handle large draw downs may need to partially cover here and cover the rest on a pullback. Those who can handle draw downs may consider adding a 10% tranche right here around $51.60. Adding another 10%

ZAGG REACHES THE TARGET $ZAGG

July 17, 2013

This post was just published on ZYX Short Change Alert. The present ZAGG position is short from $13.85. Profits have previously been taken as low as $6.70. Over a long period of time, significant profits have been booked by trading this position. 50% of the full core position size is being held. Our long-standing target zone has been $3 to $5. Today in the pre-market the stock traded as low as $4.93 and now has moved up to $5.05. ZAGG lowers FY13 revenue view to $245M-$252M, consensus $273.73M. For the second half of 2013 the company expects slower retail expansion and

A NEW SHORT-TERM IDEA ON TENET HEALTH $THC

July 16, 2013

This post was published on ZYX Buy Change Alert. This is separate and distinct from the long-term position being held on THC. Consider buying a 25% tranche in the zone of $43.60 to $44.55 for a short-term trade. Target zone is $48 to $50. Stop zone is $42.13 to $42.23.

ADDING TO KB HOME $KBH

July 16, 2013

This post was published on ZYX Buy Change Alert. Adding a 20% tranche to KBH right here around $18.90. The stock is moving fast. Consider not chasing it beyond $19.15.

AT&T’S NEXT BUYOUT CANDIDATE $T $LEAP $AAPL $TDS $USM $VZ $S $TMUS $DISH $DTV

July 15, 2013

Please click here for the chart. After the market close on Friday, AT&T kicked off the next wave of consolidation in wireless by offering to buy Leap Wireless for $1.19 billion. But will they stop there? First, let’s take a look at this deal. The chart linked below compares performance year to date of the two telecommunication stocks. The total value of the Leap LEAP deal is about $4 billion when assumption of debt is taken into account. AT&T T will pay $15 per share in cash for each Leap share, this represents about an 88% premium over Leap’s closing price of

WEEKLY MARKET DIGEST: FOMC AND BERNANKE ON TAP, OIL HITS $105 $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT

July 12, 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. ) FED CHANGED THE PICTURE, NOW IT IS UP TO EARNINGS July 12, 2013 The big picture for the markets changed dramatically on Thursday afternoon when FOMC released its minutes, now it is up to earnings. So far two big earnings reports from JPM and WFC are basically in line. These stocks have run up going into earnings, let us see how they react today. Their reaction will provide important clues. Gold futures are at $1270, silver

DOES MICROSOFT’S ANNOUNCEMENT MAKE IT A BUY? $MSFT

July 11, 2013

Please click here to see the annotated chart of Microsoft. Today Microsoft announced its long-awaited restructuring. The question now is should you buy the stock on this news? Steve Ballmer, CEO of Microsoft MSFT , called it a far-reaching realignment. In lieu of regurgitating the details, allow me to redirect you straight to an internal email in which Ballmer describes his thinking in detail. In my opinion, this realignment is a step in the right direction. However, it does nothing to correct the main problem afflicting Microsoft: the lack of a clear cohesive vision. This realignment is of particular interest to me because