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WEEKLY MARKET DIGEST: SMART MONEY SELLS GOLD ON BLOWOUT JOBS NUMBER

November 2, 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.) SMART MONEY SELLS GOLD ON BLOWOUT JOBS NUMBER November 2, 2012 October Non-Farm Private Payrolls came at 184K vs. 130K consensus. This is a blowout number that favors Obama just days before the election. So far this morning the momo crowd continues to aggressively buy gold and silver. In a departure from the last two days, buying by the momo crowd is being met with aggressive selling by Smart Money. Gold has now broken the support of $1700.

AAPL GAP FILLS $AAPL

November 2, 2012

This post was just published on ZYX Buy Change AAPL has fallen to fill the gap from late July at $585.83. In traditional technical analysis theory, all gaps fill; in practice, most but not all gaps fill. After a gap is filled, the stock is presumed to enter a support level and based on the traditional technical analysis should not fall much farther. However, our 30 years of experience shows that if the support after a gap fill does not hold, it is extremely negative for the stock. The coming hours and days will tell us if the support will hold.

UPDATE ON SILVER SHORT TRADE $SLV $GLD

November 2, 2012

This post was just published on ZYX Short Sell Change Silver has broken support at $32 and now is sitting at a minor support at $31.20, equivalent in SLV is $30.26. So far selling by Smart Money is overwhelming buying by the momo crowd. If we see Smart Money taking profits on their shorts, we will give you a signal to start taking profits on the trade. What To Do Now? Those in the trade may continue to hold. Those not in the trade may wait for a signal in the Real Time Feed.

WATCH OUT FOR SANDY SCAMS #SCAMS #STOCKS #SANDYSTOCKS #SANDYSCAMS

November 1, 2012

Greetings, The damage caused by Hurricane Sandy is a tragedy. I am reaching out to our readers to warn about investment scams related to Sandy that are mushrooming. Consider not investing based on emails or sham sites to profit from Sandy. There are lots of scams that are promoting stocks. If you want to play hurricane stocks, go to reputable sites or read the following post: HOW TO PLAY 20 HURRICANE STOCKS $HD $LOW $GNRC $BECN $M $USG Happy Investing, Nigam Arora

ZAGG EARNINGS $ZAGG

November 1, 2012

This post was just published on ZYX Short Sell Change ZAGG is short from$13.85 and previously profits have been taken as low $6.95. 60% of the full core position size is being held. ZAGG beats by $0.10, misses on revs; guides FY12 revs above consensus (7.70 +0.52). ZAGG also reports Q3 (Sep) earnings of $0.26 per share, $0.10 better vs. consensus of $0.16; revenues rose 30.3% year/year to $59.8 mln vs. the $60.74 mln consensus. ZAGG issues upside guidance for FY12, and sees FY12 revs of $259.0-262.0 mln vs. $258.80 mln consensus. Our target remains $3 to $5. Caution: 32% of

BOXEE AND WAL-MART SET TO STICK IT TO APPLE TV $AAPL $WMT $GOOG $BRCM $INTC $NFLX

November 1, 2012

October was not a kind month to Apple. There has been a big management shakeup, the Street does not like the price of the iPad mini, iPhone 5 is experiencing supply issues, and earnings–as well as projections–were below expectations. As if Apple needed it, the Israeli-U.S. start-up, Boxee, is now bringing more trouble to Apple. Apple bulls are hoping that Apple will announce more progress on Apple TV and the stock will take the next leg up. It was not long ago that there was intense speculation about Apple introducing a full-fledged TV dubbed by many as iTV, even though this

THE MOMO CROWD CLAIMS DOUBLE BOTTOM IN GOLD $GLD $SLV

November 1, 2012

This post was just published on ZYX Buy Change As we told you yesterday early morning, the momo crowd was aggressively buying gold and silver. The buying continued throughout the day and is continuing this morning. The momo crowd is advancing double bottom in gold as the reason for buying. Take a look at the chart: We labeled the double bottom as ‘FALSE DOUBLE BOTTOM’. The alleged double bottom is shown on a 15 minute chart. Back testing shows that when the two bottoms are very close to each other on a 15 minute chart, statistically based on history the pattern

GOOGLE NEXUS PRICED TO BITE INTO APPLE’S LOW END $AAPL $GOOG $MSFT $QCOM

October 31, 2012

In the middle of the news surrounding hurricane Sandy, the big news from Google (GOOG) seems to have been lost. With the introduction of Nexus 4, Google has pulled off a big price coup. An unlocked version of Nexus 4 is priced at $299, a remarkably low price for a phone of this quality. An unlocked 16 GB Nexus 4 is priced at $349 compared to a similar iPhone 5 which is priced at $649.99 unlocked without a contract. Setting aside personal preferences for Apple or Android, both phones are roughly equal for most practical purposes. Display Nexus 4 is a massive 4.7 inch