Proven Track Record of Most Accurate Analysis
Proven Track Record
of Most Accurate Analysis
This post was just published on ZYX Buy Change Consider taking partial profits on a 10% tranche on THC in the zone of $6 to $6.50 in view of strong performance by Romney in the debate.
I receive a large number of emails, many of which are showing that some Apple AAPL investors are becoming anxious. Who can blame them? The stock market continues to go up, but Apple stock continues to underperform. The price action in Apple yesterday was especially negative. Relax, all is well! As I have written before, Apple stock has a history of running up into a product announcement, and then underperforming for the next 30 days. The recent price action in Apple is in keeping with its historical pattern. There is nothing extraordinary, and there is nothing to worry about, at least
This post was just published on ZYX Buy Change Consider putting a protective stop on CIEN for entire remaining position in the zone of $12.63 to $12.73. There is some question about the large orders not materializing from wireless carriers as fast as anticipated.
Talking heads are tripping over each other to echo negative sentiment about Tim Cook. They are even throwing around wild numbers such as $30 billion loss because of Apple (AAPL) Maps without any solid foundation. I am a late comer to the world of media. Even though I write extensively about technology, business, and investments, I am still deeply rooted in the rigorous analysis that my professors instilled in me in engineering school. It is worth sitting back and pondering how the same theme gets echoed at about the same time in most media outlets. The same talking heads that not long ago
This post was recently published on ZYX Short Sell Change In the year 2011-12 , India imported 1,067 tonnes of gold worth about $60 billion. In the April-June quarter of 2012-13 fiscal year, gold imports had contracted by 18.4 per cent year-on-year to about $13 billion. India’s imports of gold are likely to fall further for three reasons: Indian currency rupee is strengthening. Inflation in India is likely to come under control. Gold imports have inverse correlation to amount of Monsoon rains. One of the biggest argument North American momo gold crowd advances is increasing gold imports by India. However, the data
This post was just published on ZYX Buy Change As we wrote in the morning capsule, the traditional beginning of the quarter new money is pouring in stocks, gold and silver, oil, and bonds. However the trigger for the sharp move in gold and silver was comments by Charlie Evans. Evans is the president of Chicago Fed. Evans said that the Fed should stay accommodative until unemployment reaches 5-6%. The present unemployment rate is about 8%. As soon as Evans uttered those words, the momo crowd aggressively started buying gold and silver. The momo crowd is not known for deep analysis,
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) WINDOW DRESSING MOVES STOCKS AND GOLD UP September 28, 2012 Yesterday’s move in stocks and gold was mostly related to window dressing. Window dressing involves portfolio managers buying those assets that have done well in the quarter so that they can show their clients that they own the best performing assets. Prime beneficiaries of window dressing were GLD, SLV, and AAPL. Increasingly window dressing happens on the day before the last day of the quarter to skirt scrutiny
When reports first surfaced of problems with Apple Maps, Apple bulls were sure and loud that it was only a small problem and would be fixed soon. By not issuing any real statement, Apple gave the impression that the problem was indeed going to be short-lived. Finally there is a real statement from Apple. Tim Cook, in a letter, is not only apologizing to customers, he is also suggesting alternatives like BING from Microsoft, MapQuest by AOL, Maps from Google, or Nokia Maps. (Here is the full text of Tim Cook’s letter.) Apple Maps’ problem is deeper than what Apple first let on as evidenced by the