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HOW LOW CAN GOLD AND SILVER GO? $GLD $SLV $GDX $GDXJ

April 15, 2013

The plunge in gold and silver and massive outflows from popular ETFs like the SPDR Gold Trust, the iShares Silver Trust, as well as popular miner ETFs like the Market Vectors Gold Miners and Market Vectors Junior Gold Miners ETF have investors clamoring for the answer to a simple question, “How low can gold and silver go?” There are four ways to look at it. Traditional technical analysis The weekly chart shows Fibonacci retracements as well as support levels. Please click here for an updated annotated weekly chart. Based on traditional technical analysis, the target zone is $1250 to $1425.

WHY GOLD AND SILVER ARE GOING DOWN $GLD $SLV $GDX $NEM $ABX $GDXJ $SLW

April 12, 2013

The set-up for gold and silver to be slaughtered was perfect yesterday. There have been considerable outflows from popular ETFs like SPDR Gold Shares (GLD), iShares Silver Trust (SLV), Market Vectors Gold Miners (GDX), and Market Vectors Junior Gold Miners GDXJ. The selling today was quite different from the typical patterns over the last two years. A vast majority of the time over the last two years, aggressive selling did not original from Asia or Europe but from North America. Today has been very different in that the selling originated early on in Europe. This selling may have something to do with Cyprus’

WEEKLY MARKET DIGEST: FOR A CHANGE GOLD FALLS IN EUROPEAN TRADING $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT

April 12, 2013

(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) FOR A CHANGE GOLD FALLS IN EUROPEAN TRADING April 12, 2013 For the last two years, vast majority of big moves in gold have been the result of the battle between the momo crowd and Smart Money in North America. So far today has been different. There is aggressive selling coming from Europe. The selling may have something to do with Cyprus’ decision to sell excess gold reserves. Core Producer Price Index (PPI) was a little

ADD TO SBGI

April 12, 2013

This post was just published on ZYX Short Change Alert. Consider adding another 10% tranche to SBGI in the zone of $27.60 -29.10. CAUTION: NEW SUBSCRIBERS, PLEASE CAREFULLY STUDY ZYX TRADE MANAGEMENT GUIDELINES, PRIOR POST AND DO NOT CONSIDER EXCEEDING THE QUANTITY DUE TO HIGH RISK INVOLVED. The plan is to take advantage of the short squeeze and slowly build a position if the stock goes higher. The whole point of short selling is to sell high and book profits when the stock falls.

NEW IDEA ON SBGI $SBGI

April 12, 2013

This post was just published on ZYX Short Change Alert. SBGI is an owner of TV and radio stations. The stock is running after it bought Fisher Communications. The upside is overdone. Consider initiating a 10% tranche right here around $26.45 to $26.75. No stop for the time being as the process of accumulation is just starting. Caution: THIS IS ONLY FOR THOSE INVESTORS WHO ARE EXPERIENCED IN HANDLING SHORT SQUEEZES. The target zone is $21 to $22.

JPM EARNINGS $JPM

April 12, 2013

This post was just published on ZYX Buy Change Alert. JPM is long from $34.14. As of this writing the stock is at $49.22. JPM earnings were slightly disappointing. What To Do Now? Those in the stock may continue to hold. Those not in the stock may wait for a signal on the Real Time Feed.

MICROSOFT HASTENS DEMISE OF PC ERA AND DRAGS DOWN INTEL WITH WINDOWS 8 $MSFT $AAPL $HPQ $WDC $STX $XLK $EMC

April 11, 2013

(CLICK HERE TO ENLARGE THE CHART) Consumers have voted with their wallets and now it is official that Windows 8 is a flop. The new data from IDC show the steepest decline for PCs in one quarter. Only 76.3 million PCs were shipped in the first quarter of 2013. This number is down 13.9% from the same quarter in 2012. The expectations were for a decline of 7.7%. In the past, Asia was always the bright spot in PC sales but not anymore. PC sales have been declining for a while but the biggest culprit here is Windows 8. This operating system

TAKE PROFITS ON MSFT AND EXIT THE POSITION $MSFT

April 11, 2013

This post was just published on ZYX Buy Change Alert. Consider taking profits on MSFT and exiting the position. The new data shows the steepest decline for PCs in one quarter. Only 76.3 million PCs were shipped in the first quarter of 2013. This number is down 13.9% from the same quarter in 2012. The expectations were for a decline of 7.7%.