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WEEKLY MARKET DIGEST: STOCK MARKET OVERBOUGHT CONDITIONS RELIEVED, OBSCENE PREDICTIONS ON SILVER $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT

June 29, 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.) VERY SHORT-TERM OVERSOLD CONDITION RELIEVED, GOLD TRADING UNDER $1200 June 28, 2013 The oversold condition of the stock market in the very short-term has now been relieved. The trading pattern of the market now will be a valuable tell. Gold continues to trade under $1200. Gold futures are at $1192, silver futures are at $18.58, and oil futures are $97.23. S&P 500 resistance levels are 1625, 1635, and 1650; support levels are 1600, 1575, and 1570.

WHY CHANCES OF BLACKBERRY BEING BOUGHT OUT JUST DROPPED DRAMATICALLY AND NOKIA BUYOUT CHANCES WENT UP $BBRY $NOK $AAPL

June 29, 2013

After carefully studying BlackBerry’s (BBRY) financial results released this morning and listening to the conference call, my conclusion is that the chances of BlackBerry being bought just dropped dramatically. A major support under BlackBerry shares has been the prospect of a buyout. Unless there is some new information, BlackBerry shares are likely to fall. Here are the highlights of the earnings report: • Revenue $3.1 billion, up 15% sequentially from the previous quarter • North America revenue grows sequentially 30%, APAC revenue grows 35%, EMEA revenue grows 9% • Shipments of 6.8 million smartphones, up 13% sequentially from the previous

A MAJOR OPPORTUNITY IN EMERGING MARKETS IS AHEAD

June 26, 2013

This post was published on ZYX Emerging Markets ETF Alert. A major opportunity in emerging markets may be ahead. However patience is needed as these markets need to fall a little bit more before buy signals are issued. The concept is simple. For the very long-term, growth is in the emerging markets and not in the developed markets. It makes sense to accumulate emerging markets when they swoon because they invariably always go up. The current swoon in emerging markets is triggered by the announcement by the Federal Reserve that it plans to start tapering QE. The impact is

EXIT SILVER $SLV

June 26, 2013

This post was just published on ZYX Buy Change Alert. Consider exiting silver for a break even trade. The reason is that even though silver is very oversold, this afternoon we are beginning to see more selling by Smart Money. There is simply too much risk to carry this position overnight. The SLV is at $17.98 as of this writing.

NEW IDEA ON SILVER $SLV

June 26, 2013

This post was just published on ZYX Buy Change Alert. This is a short to medium-term trade for aggressive investors only. The risk of loss is very high. Conservative investors should stay away from this trade. Consider buying a 10% tranche of ETF SLV right here in the zone of $17.60 to $18.06. SLV is at $17.96 as of this writing. Futures equivalent (EQ) is $18.52. Caution, please do not exceed 10% of the full core position size as there is a very high risk in this trade. Stops and target later as more data becomes available.

FIVE REASONS WHY PS4 SHOULD OUTSELL XBOX ONE $MSFT $SNE

June 25, 2013

In the multi-billion dollar battle between the next generation consoles, PS4 from Sony (SNE) has an upper hand over Xbox One from Microsoft MSFT (MSFT). Here are the five reasons why PS4 may beat Xbox One. Gamers Have Long Memories Mishandling of digital rights management (DRM) by Microsoft has generated negative sentiment about Xbox One. Sony has masterfully seized the advantage from Microsoft’s mishandling by creating a positive buzz about PS4. Now Microsoft has rescinded restrictions on used games and the requirement for once a day internet connection, but the riled up gamers are not about to forgive Microsoft easily. Gamers have long memories, many

BUY TO COVER ANOTHER 10% ON SHORT S&P 500 $SPY

June 24, 2013

This post was just published on ZYX Short Change Alert. Consider buy to cover another 10% of short of SPY right here around $156.10.

MICROSOFT BUILDS A MOUNTAIN ON THE FARM TO BEAT SONY $MSFT $SNE $GME

June 24, 2013

The battle between the new generation of gaming consoles from Microsoft MSFT +0.32% (MSFT) and Sony (SNE) is on. Sony won round one when Microsoft tried to impose its highly unpopular restrictions on used game sales and internet connectivity on Xbox One. Microsoft has tried to neutralize Sony’s advantage by rescinding the restrictions. Microsoft is counting on what it’s calling “Project Mountain” to help Xbox One beat PS4 from Sony. Project Mountain is a massive data center to be based in West Des Moines, Iowa. The Des Moines Register reports that the Iowa Economic Development Authority Board has approved $20 million in tax credits for Project Mountain. Microsoft