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UPDATE ON PANDORA (P) $P $AAPL

May 24, 2013

This post was just published on ZYX Short Change Alert. Pandora (P) reported better than expected earnings and provided guidance better than consensus. However, this guidance does not justify the present stock price. The trigger for entering this trade was the potential impact of a competing service from Apple (AAPL). Service from Apple is expected to be introduced this summer. The plan is to continue to cautiously build a position over a wide price range until the impact of Apple service is known. At present only 45% of the full core position size is being held. In other words, there is

BERNANKE CAUSES OMINOUS TECHNICAL PATTERN $SPY $QQQ $ FSLR $TBT $SCTY $TBF $AAPL $GLD $SLV

May 23, 2013

In the wake of Bernanke’s testimony before Congress and the release of Federal Open Market Committee (FOMC) meeting minutes, the U. S. stock market traced an ominous technical pattern. In traditional technical analysis, this pattern is known as an “outside day.” The outside day is visible on the chart of the SPDR S&P 500 ETF Trust SPY. Please click here for the chart. A similar pattern is seen on other broad index ETFs such as PowerShares QQQ Trust Series QQQ and iShares Russell 2000 Index Fund IWM . An outside day is characterized by a high higher than that of the previous day and

EIGHT REASONS TO BUY MICROSOFT’S NEW XBOX ONE $MSFT $SNE $AMD $GME $EA

May 23, 2013

On Tuesday, Microsoft raised the curtain on its new Xbox One. I’m impressed. Here are the eight reasons to buy Xbox One. Faster Hardware: Xbox One is powered by an eight-core processor. The processor is based on Jaguar design by AMD. The processor is customized for DirectX 11.1 graphics and contains 32 MB ESRAM memory. The system supports 8 GB of RAM, but RAM does not appear to be GDDR5 as in PlayStation 4 from Sony . There is a Blue-ray drive, 500 GB of hard drive, a USB 3.0 port and fast Wi-Fi using IEEE 802.11n standard. Improved Kinect: Kinect allows the user to control

TAKE PROFITS ON GENCO SHIPPING $GNK

May 22, 2013

This post was just published on ZYX Buy Change Alert. GNK has 20 to 25% profit in a very short time. Eventually GNK is likely to reach our targets but in view of short-term concerns about the overall market, it is prudent to book the profits right here in the zone of $2. to $2.10.

INITIATE OR ADD TO S&P 500 (SPY) $SPY

May 22, 2013

This post was just published on ZYX Short Change Alert. Adding a 10% tranche to SPY right here in the zone of $168.60 to $169.

NEW IDEA ON SILVER $SLV

May 22, 2013

This post was just published on ZYX Short Change Alert. Short selling a 10% tranche in the zone of $22.95 to $23.40. Equivalent on SLV is $22.20 $22.60. Please limit the quantity. Silver is very volatile in the wake of Bernanke testimony and the price may be different by the time you get this post.

UPDATE ON GAMESTOP $GME $MSFT

May 22, 2013

This post was just published on ZYX Short Change Alert. Most of the fills did not occur in the pre-market and occurred at the open at $36.49. The stock has traded as low as $35.71. Our fundamental thesis has not changed, this stock should be trading in low to mid $20s. It appears that trading used games for Xbox One is not going to be as onerous as was first indicated by Microsoft.

EXIT GAMESTOP $GME

May 22, 2013

This post was just published on ZYX Short Change Alert. There is new information related to Xbox One since the previous post was written. Based on this new information, consider exiting GME right here in the pre-market roughly for break even. The stock is trading at $36.75. If you do not have a fill please cancel all open orders on GME.