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WEEKLY MARKET DIGEST: MIXED EARNINGS, GOLD STRENGTHENS $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT

July 19, 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.) MIXED EARNINGS, GOLD STRENGTHENS July 19, 2013 Yesterday after the market close there was an earnings wreck from three important companies, namely MSFT, GOOG, and CYH. This morning there are good earnings from four important companies, namely GE, HON, SLB, and WHR. Gold is rising on Asian buying ahead of the Japanese elections. The speculation is that the ruling party will win big and print more money. Gold futures are at $1292, silver futures are at $19.44,

FIVE WAYS THAT GOOGLE’S GROWTH IS SPUTTERING LIKE APPLE’S $AAPL $GOOG $JPM $BAC $MS

July 19, 2013

Yesterday after the close, Google GOOG (GOOG) reported earnings of $9.56 per share, excluding items, compared to consensus of $10.78. Revenues came at $14.11 billion compared to the consensus forecast of $14.40 billion. Operating margins came at 28% compared to 33% for the same quarter in 2012. As I listened to Google’s conference call, it struck me that there were at least five eerie similarities between Google now and Apple AAPL (APPL) when it was trading around $700. String Of Top Line Misses This is the seventh top line miss from Google. Apple had a string of top line misses before the stock price topped

SELL PARTIAL NOKIA $NOK $MSFT

July 19, 2013

This post was just published on ZYX Buy Change Alert. Consider exiting 25% of NOK position right here around $4.02. This is based on review of MSFT’s earnings. NOK has tied its future to MSFT Windows phone operating system. There is still a strong possibility of NOK being acquired. This is simply a tactical call to reduce the position size so that more can be accumulated if the stock goes lower.

UPDATE ON TENET HEALTH LONG-TERM POSITION AND SUSPENDING THE BUY ZONE $THC $CYH

July 18, 2013

This post was just published on ZYX Buy Change Alert. THC is long with an average price of $20.40. Currently, 15% of the full core position size is being held. Profits have been taken as high as $46.87. Due to bad earnings from competitor CYH this evening, the buy zone on the long-term THC trade is being suspended. What To Do Now? Those in the THC long-term position may continue to hold and wait for a signal on the Real Time Feed to add to the position. Those not in the THC long-term position may wait for a signal on the Real Time Feed to add to the position.

UPDATE ON TENET HEALTH SHORT-TERM TRADE $THC $CYH

July 18, 2013

This post was just published on ZYX Buy Change Alert. There was a nice gain on THC the same day it was bought. This evening a competitor of THC, CYH, is reporting lousy earnings and revenues. In sympathy THC is likely to be hit hard tomorrow. At this point investors have three options. 1. Exit the position in the after market using limit orders if you can get a favorable price. 2. Let the stops hit tomorrow and exit the position. 3. CYH earnings do not change the long-term positive aspects of hospitals under Obamacare. Under this approach, stops are

EXIT FACEBOOK $FB

July 18, 2013

This post was just published on ZYX Buy Change Alert. Consider exiting FB right here in the after market around $26. The stock closed at $26.18. The reason is that CPC reported by Google in its earnings report has gone more than expectations. This may have a negative effect on FB. The plan is to take small profits here and then reenter the stock, hopefully at a lower price for the long-term.

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%