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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

NEW IDEA ON KBH $KBH

July 11, 2013

This post was just published on ZYX Buy Change Alert. KBH is a home builder. The trigger here is FOMC minutes. Consider accumulating a 40% tranche in the zone of $17.60 to $19. In the pre-market it is trading around $18.80. Target zone is $24. to $25. Stop zone is $16.23 to $16.38.

WHY APPLE’S CAR DASHBOARD LOOKS LIKE A CLUNKER $AAPL $GOOG $CREE $OVTI $SNE

July 10, 2013

Apple (AAPL) has a new car dashboard design that it calls revolutionary. The dashboard design encompasses touch screens, cameras tracking head and eye movements, lasers as light sources, and voice controls. Apple claims that its design will cost less than traditional dashboards, will be more visually appealing, and enhance safety. The U. S. Patent and Trademark office has granted Apple patent number 8,482,535 titled ‘Programmable tactile touch screen displays and man-machine interfaces for improved vehicle instrumentation and telematics.’ The patent has 23 claims. Here are the five reasons why Apple’s new car dashboard design will fail. The Design Is Inelegant

TIM COOK’S ATTEMPT TO TRANSFORM APPLE $AAPL $GOOG $NKE $FB $MSI $HON $IN

July 9, 2013

At a time when much media negativity surrounds Apple stock, it is important to remember that most of the media was expressing positive views on Apple stock when it was $700. Sentiment can change quickly. One potential development on the horizon that may change said sentiment is a new look at wearable gadgets. The chart linked below shows the first target on a sentiment change. This target is the same neckline that presaged the fall in Apple AAPL stock after the formation of the head-and-shoulders pattern. Please click here to see the annotated chart of Apple. Steve Jobs totally transformed smartphones when

THE TIME TO BUY APPLE IS AFTER THE NEXT PLUNGE $AAPL $QCOM $BRCM $ARMH

July 8, 2013

Since Friday, there have been three new ominous data points for Apple, which is scheduled to report earnings on July 23, 2013 after the market close. First Samsung reported lower than expected earnings estimates. Galaxy S4 from Samsung is the main rival of iPhone 5. Lower than expected earnings from Samsung are due to slowing sales of Galaxy S4. (For a more detailed analysis, please see Samsung Earnings Outlook Suggests Saturation In High End Phones.) Taiwan’s HTC, another big player in the high end smartphone market, also reported lower than expected earnings. HTC reported operating income of NT$1.05 billion on revenues of NT$70.70 billion. In

SAMSUNG EARNINGS OUTLOOK SUGGESTS SATURATION IN HIGH END PHONES $AAPL $NOK $GOOG $BBRY

July 5, 2013

Early Friday Samsung issued a sales and earnings outlook for the second quarter of 2013. The Korean firm’s estimate for sales is 56 – 58 trillion won and the estimate for operating profits is 9.3 – 9.7 trillion won. These numbers represent an 18% increase in sales and 44% increase in operating profits over the second quarter last year. Stocks do not move based on absolute earnings and revenues, but they move based on the differential between the reality and analysts’ estimates. As good as Samsung’s numbers are they are below consensus estimates, just like Apple AAPL (AAPL) earnings over the last couple of quarters. Shares

WEEKLY MARKET DIGEST: STRONG EMPLOYMENT DATA IN THE U. S., MORE LIQUIDITY IN EUROPE AND GOLD FALLS $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT

July 5, 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.) STRONG EMPLOYMENT DATA IN THE U. S., MORE LIQUIDITY IN EUROPE AND GOLD FALLS July 5, 2013 This morning the U. S. Department of Labor reported strong employment data. Non-farm Private Payrolls increased by 202K vs 180K consensus. More importantly, hourly earnings in June increased by 0.4% vs. 0.2% consensus. Yesterday both European Central Bank and Bank of England indicated that they will provide more liquidity. Draghi said that interest rates in Europe could fall further. The