Proven Track Record of Most Accurate Analysis
Proven Track Record
of Most Accurate Analysis
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) STRONGER DURABLE GOODS BUT WEAK RALLY IN JAPAN, GOLD REACTS May 24, 2013 April Durable Goods Orders ex-transports came at 1.3% vs. consensus of 0.5%. After a 7.3% drop in the Japanese market, yesterday the talk on American trading desks was of a sharp rebound in Japan. However the rally in Japan was anemic. Gold bulls in Asia took encouragement from weak bounce in Japan. However, after the Durable Goods report in the U. S. Smart
Samsung announced today that it has sold 10 million Galaxy S4 phones in the first month. This amounts to a rate of about four phones sold per second. JK Shin, CEO of the IT and Mobile Communications Division at Samsung, said, “On behalf of Samsung, I would like to thank the millions of customers around the world who have chosen the Samsung Galaxy S4. At Samsung we’ll continue to pursue innovation inspired by and for people.” The media is full of accolades for Samsung, often repeated are the statistics provided by Samsung, “The Galaxy S4 sets a new record for
This post was just published on ZYX Short Change Alert. Pandora (P) reported better than expected earnings and provided guidance better than consensus. However, this guidance does not justify the present stock price. The trigger for entering this trade was the potential impact of a competing service from Apple (AAPL). Service from Apple is expected to be introduced this summer. The plan is to continue to cautiously build a position over a wide price range until the impact of Apple service is known. At present only 45% of the full core position size is being held. In other words, there is
In the wake of Bernanke’s testimony before Congress and the release of Federal Open Market Committee (FOMC) meeting minutes, the U. S. stock market traced an ominous technical pattern. In traditional technical analysis, this pattern is known as an “outside day.” The outside day is visible on the chart of the SPDR S&P 500 ETF Trust SPY. Please click here for the chart. A similar pattern is seen on other broad index ETFs such as PowerShares QQQ Trust Series QQQ and iShares Russell 2000 Index Fund IWM . An outside day is characterized by a high higher than that of the previous day and
On Tuesday, Microsoft raised the curtain on its new Xbox One. I’m impressed. Here are the eight reasons to buy Xbox One. Faster Hardware: Xbox One is powered by an eight-core processor. The processor is based on Jaguar design by AMD. The processor is customized for DirectX 11.1 graphics and contains 32 MB ESRAM memory. The system supports 8 GB of RAM, but RAM does not appear to be GDDR5 as in PlayStation 4 from Sony . There is a Blue-ray drive, 500 GB of hard drive, a USB 3.0 port and fast Wi-Fi using IEEE 802.11n standard. Improved Kinect: Kinect allows the user to control
This post was just published on ZYX Buy Change Alert. GNK has 20 to 25% profit in a very short time. Eventually GNK is likely to reach our targets but in view of short-term concerns about the overall market, it is prudent to book the profits right here in the zone of $2. to $2.10.
This post was just published on ZYX Short Change Alert. Adding a 10% tranche to SPY right here in the zone of $168.60 to $169.