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WEEKLY MARKET DIGEST: S&P 500 RE-BALANCING ON TOP OF QUADRUPLE WITCHING

September 22, 2012

(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) S&P 500 RE-BALANCING ON TOP OF QUADRUPLE WITCHING September 21, 2012 In addition to quadruple witching, today is also the day of S&P re-balancing. In quadruple witching various options expire. In S&P 500 re-balancing, 350 companies will be bought and 150 will be sold. These two events will generate buy pressure in the markets and sustain the overbought conditions. Gold futures are at $1785, silver futures are at $35.15, and oil futures are $93.49. S&P 500

THE REASON BEHIND GOLD AND SILVER ROUND TRIP TODAY

September 21, 2012

This post was just published on ZYX Buy Change This morning gold and silver ran up strongly then made a round trip by pulling back to where they started from. Gold and silver options expire on Tuesday. Option expiration appears to be on the upside. The up move was related to option expiration. At the highs Smart Money took advantage of elevated prices and started selling. This selling brought the prices down again. An interesting battle is taking place between Smart Money and the momo crowd. So far momo crowd is winning. In gold there is strong support in the zone

STEVE JOBS WOULD HAVE NEVER RELEASED IOS 6 LIKE THIS

September 20, 2012

Apple (AAPL) became the most valuable company in the world, in part due to the meticulousness and perfectionism of the late Steve Jobs. Jobs earned the trust of millions of users that Apple products not only work out of the box, they work well. Steve Jobs was well known for being extraordinarily demanding of his subordinates to ensure perfection in the products before they were released. If an imperfection could have been humanly prevented, Jobs prevented it. Because of his penchant for perfection, Jobs was not very popular, some even called him a jerk. The kind of fortitude Steve Jobs had for perfection seems

‘SMART MONEY’ SELLING APPLE

September 20, 2012

Every Apple (AAPL) bull should read ‘Lopsidedly bullish consensus on Apple’ by Mark Hulbert. Although Hulbert’s article is about bullish consensus on Apple, he hints at two more important points. First, sooner or later Apple stock will top. Second, Wall Street analysts are not likely to tell you that Apple stock has topped. Hulbert is spot on. Nobody rings a bell at the top. One of the most important principles underlying the ZYX Change Method is that no one knows with certainty what is going to happen next in the markets; this has come to be known by some as Nigam’s

MOM AND POP SCORE WITH APPLE AFTER IPHONE 5 HOOPLA

September 18, 2012

The normal routine in the stock market is that professional traders and hedge funds profit at the expense of mom and pop. This time, in the case of Apple (AAPL) the tables have been turned. Professionals have been caught with their pants down to the benefit of mom and pop. Traditionally, Apple stock has a pattern of running into a product announcement and under-performing for about 30 days after the product announcement. Professionals tend to prepare well in advance to profit from this pattern. They start building positions well in advance of a product announcement, sell on the news of

ONLINE SEMINAR: GOLD AND SILVER POST QE3

September 17, 2012

At the tail end of our online seminar GOLD AND SILVER POST QE3, there is a video of Bernanke explaining QE3. Some subscribers have reported that they can not hear Bernanke. The video here is an alternate place to watch the tail end of the seminar. We highly recommend that those interested in gold and silver attend the online seminar first before watching Bernanke explain QE3

CANCEL LOWE’S (LOW) OPEN ORDERS

September 14, 2012

This post was just published on ZYX Buy Change Alert LOW still has not filled and is hitting our time stop. Consider cancelling all open orders. This recommendation is now withdrawn because of no fill.

CONTINUATION OF HPQ TRADE

September 14, 2012

This post was just published on ZYX Short Sell Change Alert The starter 5% position had the stop hit, but it makes a lot of sense to continue with this trade. Consider a 10% tranche short in HPQ in the range of $19.73 to $20.17. Stop zone is $21.26 to $21.63. Target remains $16 to $16.50.