Proven Track Record of Most Accurate Analysis
Proven Track Record
of Most Accurate Analysis
This post was just published on ZYX Short Sell Change Alert Consider taking profits on the entire SPY position and exiting the trade in the zone of $135 to $136.15. As of this writing SPY is trading at $136.05.
This post was just published on ZYX Short Sell Change Alert Consider exiting a 15% tranche on SLV right here in the pre-market around $31.38. After this exit only a 10% tranche will be held.
This post was just published on ZYX Buy Change Alert WMT just reported EPS of $1.08 vs consensus of $1.07; revenues of $113.9 billion vs consensus $114.95 billion. For the next quarter WMT projects $1.53 – $1.58 vs consensus of $1.59. For the year, WMT projects $4.88 – $4.93 vs consensus of $4.94. Earnings are a little light and WMT is selling off in the pre-market. As of this writing the stock is trading around $69.25. A dip in WMT is a buying opportunity. Under normal market conditions, we would have recommended initiating a position or adding to a position right here in the pre-market. However, at this time the
This post was just published on ZYX Buy Change Serious gold and silver investors would want to take notice of Core Producer Price Index (PPI) released this morning. The reason Core PPI is considered one of the best indications of future inflation is that when producers are experiencing inflation, it ultimately spills into inflation for consumers. October Core PPI came at -0.2% vs. 0.1% consensus. Last month Core PPI for September came at 0.0% vs. consensus of 0.2%. The point is that two months in a row the most important inflation data is coming lower than expectations. Further, in October, Core
This post was just published on ZYX Buy Change Steven Sinofsky, President of Windows and Windows Live at Microsoft, has left the company. The stock is down on the news. This is a buying opportunity. It appears that the departure was not due to any issues with Windows 8 or the Surface Tablet. Allegedly Sinofsky has an abrasive personality and has become a polarizing figure at Microsoft. In our view, his leaving is a positive for the company. Consider initiating a 10% tranche in the zone of $26.75 to $27.05. As of this writing the stock is trading around $27.10. If the stock dips
This post was just published on ZYX Buy Change Consider exiting the entire ETF position. The companies fundamentals continue to be very positive. ETP is perhaps the best buy in the natural gas midstream and pipeline group. The issue is the upcoming fiscal cliff. One possible resolution of fiscal cliff may include doubling or tripling of taxes for some tax payers on dividends. This stock yields 8.5%. This stock will get hit if the income tax rate on dividends goes up dramatically. There is not much sense in taking the risk. As of this writing the stock is at $42.42.
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) THE STOCK MARKET IS OVERSOLD IN THE VERY SHORT TERM November 9, 2012 The stock market is oversold in the very short term. After opening lower (DJIA futures are down 86 points), expect a rally attempt sometimes today. It is all about fiscal cliff. President Obama is expected to speak about the matter today. A conciliatory attitude may spark a rally. Gold futures are at $1731 , silver futures are at $32.15, and oil futures are
This post was just published on ZYX Short Sell Change Alert Consider taking partial profits on a 15% tranche in the zone of $135-137.50. SPY is trading around $137.20 as of this writing. This will leave 25% of full core position size being held.