Proven Track Record of Most Accurate Analysis
Proven Track Record
of Most Accurate Analysis
This post was just published on ZYX Buy Change Alert. Consider exiting CIT right here around $42.30 for a very small gain. The reason is that the stock is hitting our time stop as it was a short-term trade.
For several months I have been writing that the market for smart phones in the developed markets is near saturation and Apple AAPL does not have the right products for major growth in emerging markets. In emerging markets, Google GOOG Android has been growing my leaps and bounds. This morning there is research showing that Apple’s market share is falling rapidly. In a note, AllianceBernstein predicts that Apple’s market share in smart phones will fall to about 12% this quarter, compared to 23% in the same quarter of 2012. Further, the firm predicts that Apple’s market share may fall into single digits next quarter. On the
The centers for Medicare and Medicaid services has released their proposal to increase hospital reimbursement by 80 basis points by FY14. This is better than most expectations. There are two hospital stocks in our portfolio THC and VHS. THC is long with an average price of $20.40. Profits have been taken as high at $46.87. VHS is a relatively recent position long from about $14.55. The new buy zone for VHS is $12. to $14.75. Target zone is $18 to $20. No stops since the position is in the process of being accumulated, however for those who must use stops, the
This post was just published on ZYX Short Sell Change Alert. SBGI is conducting a secondary. Our view on this stock remains negative and our new target is in the teens. However, in overall market conditions similar to the ones that exist now, there is a pattern of stocks that are levitating to go up after a secondary. For this reason it is best to take profits now and plan to short it again if it runs up. The stock is at $25.35 as of this writing.
Ever since I wrote “Samsung’s Bendable Phone Could Break Apple’s Innovation Hegemony” here on Forbes I have continued to receive a trickle of emails from readers wanting to know when a device with an unbreakable screen will be available. Usually such emails contain a story of a broken screen on a phone. I have not seen much interest in the bendable feature of the new technology, perhaps because consumers have not understood how useful it can be. On the other hand, broken screens are a common problem and perhaps that is the reason for the interest. Here is an update. OLED
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) LOWER GDP, GOLD SHORT COVERING CONTINUES April 26, 2013 GDP for the United States rose only 2.5% for the quarter vs. 2.8% consensus. This simply means that the U.S. economy is growing slower than expectations of stock market bulls. Earnings released since yesterday’s morning capsule are mixed. Short covering in gold and silver continues. There is also a rumor that Janet Yellen will be the next Fed chief. She is a dove, this rumor is also partially
On Wednesday after the markets closed, Qualcomm QCOM reported earnings. Buried in Qualcomm’s results is bad news for Apple AAPL, BlackBerry and Nokia . Qualcomm owns intellectual property related to code division multiple access (CDMA). This technology is behind many of today’s wireless networks. Qualcomm also provides chip sets for mobile devices. Since Qualcomm licenses the technology or provides the guts of a wide base of wireless devices and networks, there are serious implications for smartphone manufacturers in Qualcomm’s results. Revenue came at $6.12 billion, up 23.95% year over year. From licensing alone, Qualcomm generated $2.16 billion in revenues up 19% year over year. Earnings were $1.06
My long-term readers know that I recommended allocating 20% of assets to silver at an average price of $17.73 and exited the position in the zone of $48 to $48.50. I also recommended buying gold in the $600s with an average price of $660, and selling half of the gold holdings at $1904 and the other half at $1757. Ever since then, our models have suggested not entering long-term positions from the buy side in the precious metal complex. Now with the benefit of hindsight our calls have proven spot on. Click here to enlarge the chart. The big question