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BAD APPLE EARNINGS: WHAT TO DO NOW $AAPL

October 26, 2012

Apple reported bad earnings. The company missed estimates on almost all metrics as shown below. Earnings came in at $8.67 vs. published consensus of $8.75 and whisper numbers around $9.10. iPad sales came at 14 million vs. published consensus of 17 million and whisper numbers around 18 million. Mac sales came at 4.9 million vs. estimates of 5 million. Gross margins came in at 40% vs. estimates of 40.6%. Apple guides for first-quarter EPS of $11.75 vs. consensus of $15.53. Apple guides revenues for Q1 of $52 billion vs. consensus of $55 billion. On the positive side, the company sold

TAKE PARTIAL PROFITS ON AAPL $AAPL

October 25, 2012

This post was just published on ZYX Buy Change Consider taking partial profits on a 15% tranche on AAPL right here around $610. Please take liberty with the price. Also suspending buy zones on AAPL. Earnings are a lot lower than expected.

CHANGING SHORT ZONE ON PANDORA (P) $P

October 25, 2012

This post was just published on ZYX Short Sell Change Changing the lower band of the short zone on P to $8.45.

NEW IDEA ON PANDORA $P $AAPL

October 25, 2012

This post was just published on ZYX Short Sell Change AAPL has announced that it will start a new radio service in early 2013. This is a direct challenge to Pandora (P). Short zone is $8.75 to $10. Please build a position carefully based on your risk tolerance as short interest is high in P and it can move contrary to the logic on a short squeeze. Stop zone $11.31 to $11.84. Target zone $4 to $5.

THE REAL REASON BEHIND GOLD AND SILVER MOVE TODAY $GLD $SLV $GDX $FXY $YCS,

October 25, 2012

This post was just published on ZYX Buy Change The real reason behind the gold, silver, and miner up move today is a rumor that the Bank of Japan will announce $120 billion QE tonight. The Japanese yen has also weakened against the dollar because of the rumor. We have not been able to confirm the rumor. However, it will not surprise us if the rumor turns out to be true. Yen is too high and is hurting Japanese exports. The Bank of Japan has previously stated that it wants to weaken the yen. What To Do Now? Those holding YCS long or FXY short may continue to hold

APPLE WINS HOLLOW TOUCH SCREEN PATENT VICTORY OVER SAMSUNG $AAPL

October 25, 2012

Administrative Law Judge Thomas B. Pender, of the United States International Trade Commission (ITC) has found that Steve Jobs’ invention covered by patent number 7,479,949 was violated by Samsung. Here is the abstract of the patent: A computer-implemented method for use in conjunction with a computing device with a touch screen display comprises: detecting one or more finger contacts with the touch screen display, applying one or more heuristics to the one or more finger contacts to determine a command for the device, and processing the command. The one or more heuristics comprise: a heuristic for determining that the one or more finger contacts correspond

TIM COOK DUMPS STEVE JOBS’ PRODUCT STRATEGIES WITH IPAD MINI $AAPL $GOOG $AMZN

October 24, 2012

On Tuesday, Apple (AAPL) made a number of product announcements including one for the iPad Mini, the fourth-generation iPad, a 13-inch MacBook Pro with Retina display and updated Mac Minis. To me it was striking from yesterday’s event that Tim Cook appears to be abandoning Steve Jobs’ strategies that made Apple so successful. Steve Jobs’ hallmark was innovation that changed the world. Yesterday’s Apple announcement shows that Apple is failing to innovate like it did under Jobs. Now, in a departure from Jobs’ era, Apple is simply making incremental improvements to well-engineered products that are not game changers. Jobs was the master of the ‘wow

4 STOCKS TO PROFIT FROM THE FED GOLD MINE $AAPL $ABX $CDE $DIA $GDX $GDXJ $GLD $NEM $PAAS $QQQ $SH $SLV $SLW $SPX $SPY $WMT

October 24, 2012

The Federal Reserve provides a gold mine of both medium-term investment opportunities and short-term trading opportunities. The Federal Open Market Committee (FOMC) holds eight regularly scheduled meetings every year. One of those is being held this week, with a rate decision set to be announced at 2:15 p.m. Eastern on Wednesday. The chart below shows an investable pattern in the medium-term stemming from the decisions of the Federal Reserve. There are strikingly similar movements in the S&P 500 SPX arising from QE2, Operation Twist, and QE3. There is much consternation about the stock market drop last Friday and on Tuesday. However,