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MOSCOW COMMUNIQUE LEADS TO GOLD AND SILVER FALLING OUT OF BED

February 15, 2013

This post was the morning capsule published on ZYX Buy Change Alert. The group of 20 largest economies (G-20) has begun their meeting in Moscow. A draft communique by G-20 shows a pledge to refrain from competitive currency devaluation. Gold and silver have fallen out of bed on the news. Adding to gold’s woes, the CFTC Commitment of Traders (COT) data shows that bullish traders have dramatically cut their positions. The latest 13F filings show that George Soros cut his holding in GLD and Moore Capital liquidated all of its GLD holdings. We will update technical analysis of gold later in the day. Gold futures

WHY MOVING FROM APPLE TO FACEBOOK IS FOOLISH $AAPL $FB

February 14, 2013

Following billionaire hedge fund manager Leon Cooperman out of Apple and into Facebook is foolish, yet this is exactly what a number of investors wanted to do Wednesday. It is said a picture is worth a thousand words. The charts of Apple AAPL and Facebook FB tell the story. Please click here for Apple chart about Cooperman selling. Please click here for Facebook chart about Cooperman buying. Wednesday afternoon I started receiving a flood of emails asking two basic questions. Should we sell Apple? Should we buy Facebook? Most emails contained a link to one media outlet or another with headlines

INTEL BEATS APPLE’S ITV TO THE PUNCH $AAPL $MSFT $INTC $ROVI $GOOG $CMCSA $NFLX

February 13, 2013

Yesterday, Apple CEO Tim Cook, in a fireside chat, tried to convince the world that Apple is still the center of innovation in the technology world. Cook said that about one quarter of Apple employees were working on new products. There were no specifics but presumably new products include iTV. While Cook was being vague, Intel was beating iTV to the punch, at least in terms of announcing a new TV service with a fair amount of details. What is a semiconductor company doing announcing a TV service? Besides making semiconductors, Intel also employs more than 10,000 programmers and has taken stakes in about

GOLD IS AT A CRITICAL JUNCTURE $GDX $GLD $SLV $GDXJ $SLW $NEM $HL $ABX

February 12, 2013

There is much debate about the effect of currency wars on gold and its future direction. Currently, the fundamentals of gold are muddled. On the one hand, central banks continue to print lots of money, and some believe currency wars are imminent. On the other hand, inflation is stable, and the metals are under the control of the momentum crowd, which represents weak hands. Under such circumstances, it makes sense to turn to the long-term technical analysis for gold for guidance. A picture is worth a thousand words. The chart linked to below shows the long-term technical analysis of gold.

179% RETURN ON SHALLOW WATER DRILLER – HERO $HERO

February 12, 2013

These posts were just published on ZYX Buy Change Alert. The position is long with an average price of $2.55. Currently, 50% of the full core position size is being held. Profits have been taken as high as $6.00. The company reported earnings this morning and the stock traded as high as $7.60 in the pre-market and has now pulled back to $7.14. This represents 179% return. HERO reported earnings of $.03 vs consensus of $.07 and revenues of $202.6 million vs consensus of $187.8 million. What To Do Now? Those in the stock may continue to hold. Those not in the

IWATCH MAY HELP APPLE FLY THROUGH $500 $AAPL

February 12, 2013

Apple stock faces stiff resistance in the zone of $497 to $514. The reason is that Apple is still over-owned as well as overweight in many portfolios. It is difficult to say what retail investors will do when Apple stock approaches $500, but professionals who are overweight Apple stock are likely to lighten up. Such lightening up will create resistance. Recently, I shared a short-term trade idea on Apple AAPL. So far, the trade is working out well, as shown on the updated chart. The target zone shown on the chart is also the resistance zone. Please click here for the

BLACKBERRY PICKS A STRANGE WAY TO BEAT APPLE WITH A THOUSAND-DOLLAR PHONE $AAPL $BBRY $T $S $VZ $GOOG

February 12, 2013

The first carrier to introduce the BlackBerry Z10 in the U.S. is not Verizon, AT&T, Sprint, or T-Mobile. It is a carrier that you have probably never heard of. Solavei, a relatively new phone carrier, is introducing Z10 for a price of $999. You can buy it on their website with a promise of 24 to 48 hour shipment. The price is perplexing. An iPhone 5 without a contract is available at Wal-Mart for $649, and for $200 from carriers who demand a two-year contract. So much for iPhone 5’s status of a premier priced phone. In contrast, Solavei is offering Galaxy S III for

MONEY FLOWS OUT OF APPLE AND INTO BLACKBERRY $AAPL $BBRY $T $VZ $HD

February 12, 2013

Yesterday trading in Apple and BlackBerry was a show of contrast. Apple rose about 1% and BlackBerry fell 4.6%. Of interest is that money flow was negative in Apple while the stock was going up and money flow in BlackBerry was positive while the stock was going down. Apple had lots of good news. There was excitement from the rumors of iWatch. There was positive anticipation of what Tim Cook would say today at the Goldman Sachs conference. Apple was also experiencing a tailwind from David Einhorn’s revolt against Apple. In contrast, BlackBerry had two pieces of bad news. First, Home Depot decided to