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GOLD AND SILVER POST QE3

September 13, 2012

This post was just published on ZYX Buy Change Alert On the QE3 news, gold, silver, and miners rocketed up. Now that we have had time to carefully study the QE3 program it is absolutely clear that the momo crowd misunderstood the QE3 program. Momo crowd’s arguments are simple; the Fed is printing more money, it will cause inflation, dollar will become worthless, the only way to protect is to buy gold and silver. A careful study of the QE3 program shows that the momo crowd is wrong. QE3 will strengthen the dollar, and probability of it causing inflation is very

ADD TO SPY

September 13, 2012

This post was just published on ZYX Short Sell Change Alert Consider adding a 10% tranche to SPY in the zone of $146.60 to $147.25. No stop for the time being.

ADDING TO SLV

September 13, 2012

This post was just published on ZYX Short Sell Change Alert Consider adding a 5% tranche to SLV right here around $33.70. Stop at $34.32. Future EQ $34.80. The following post was also just published on ZYX Short Sell Change Alert Consider adding a 5% tranche to SLV around $33.62. Future EQ is $34.68. Stop in the zone of $34.27 to $34.42 on SLV.

PARTIAL EXIT ON SILVER (SLV)

September 13, 2012

This post was just published on ZYX Short Sell Change Alert Consider exiting a 15% tranche in SLV in the zone of $31.75 to $32.15. As of this writing SLV is at $32.12. Futures EQ is $33.14. After this fill 55% of full core position size will be held. The purpose of this exit is to reduce risk before the Fed statement. The Federal Reserve will announce its policy statement at 12:30 ET. The Fed will release its forecast at 2:00pm ET and Bernanke will give his press conference at 2:15 ET. Please stay alert for more transactions on silver and

TAKE PARTIAL PROFITS ON ZAGG BEFORE iPHONE 5 LAUNCH

September 12, 2012

This post was just published on ZYX Short Sell Change Alert This position is short from $13.85. Substantial profits have already been booked but there is still material unrealized profits. Consider taking partial profits on a 10% tranche of ZAGG right here around $8.19. After this fill, 50% of the full core position size will be held. The reason for taking more profits here is because there may be a short squeeze after the introduction of iPhone 5. iPhone 5 will have a different form factor than previous iPhones. There will be speculation that people will have to buy new cases for iPhone

ZUCKERBERG HITS THE BALL OUT OF THE PARK

September 12, 2012

Facebook CEO Mark Zuckerberg, hit the ball out of the park in his first interview since Facebook’s initial public offering (IPO). Since the IPO, Facebook has lost about half of its value. The consensus among most analysts has been that mobile strategy is Facebook’s Achilles’ heel. If Zuckerberg is to be believed, and there is no reason not to believe him, Facebook’s mobile strategy is gaining steam. Zuckerberg stated that Facebook will make more money on mobile than on desktop. Zuckerberg said, One of the main things that I think is misunderstood is how fundamentally good it is on a bunch of

NEW IDEA ON FB

September 12, 2012

This post was previously published on ZYX Buy Change Alert FB CEO just finished his first interview after IPO. He did great and elevated concerns about mobile strategy. The fly in the ointment is that the stock is expensive and there is still an overhang of sellers. For this reason conservative investors may not want to enter this stock. Aggressive investors may want to build up to a 20% of full core position size in FB in the zone of $19 to $20.15. No stop for the time being. Target zone is $32 to $34. This is a very long-term position. Caution:

GOLD AND SILVER: SMART MONEY BUYING ON KILLING OF AMERICAN AMBASSADOR

September 12, 2012

This post was just published on ZYX Buy Change Alert As the first rumor of killing of American ambassador to Libya surfaced, Smart Money buying of gold and silver started in earnest. So far the buying has ranged from mild to heavy. Buying in silver by Smart Money is short covering; the data on gold is mixed. As details of Obama’s call with Netanyahu regarding Iran started leaking out, it contributed to buying. Oil is also moving up as expected. German court giving greenlight to ESM was expected and theoretically should already be discounted in gold and silver prices. Momentum in