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4 FREE LUNCHES BEFORE APPLE’S REPORT

July 24, 2012

On Tuesday after the market close, Apple (AAPL) will release earnings. The consensus estimate is $10.35 for earnings per share and $37.23 billion for revenues. There is a big variance between the estimates by analysts. The low earnings forecast is for $9.45 a share while the top end is $12.51; for revenue, the low estimate is $34.54 billion, and the high is $41.73 billion. There is also a big variance in estimates for the next quarter. The low estimate for earnings is $9.18 a share, and the high is $12.53; the low for revenue is $34.18 billion, and the high is $44.15

TAKING PROFITS ON QQQ

July 24, 2012

This post was just published on ZYX Short Sell Change Alert Consider taking profits on QQQ right here around $63.05 and exiting the position.

LOWERING QQQ STOP

July 24, 2012

This post was just published on ZYX Short Sell Change Alert Consider lowering QQQ stop to $63.52.

PLAN ON QQQ

July 24, 2012

This post was just published on ZYX Short Sell Change Alert Based on the new earnings data, our plan on QQQ has changed. Teh new plan is to take profits and exit the position. Conservative investors may simply take profits right here in the pre-market around $63.52. Aggressive investors may put a protective stop at $63.77. As the day passes and the stop is not hit, we will be looking for an exit point. Stay tuned.

WEEKLY MARKET DIGEST: EARNINGS BETTER THAN THE WORSE FEARS

July 21, 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.) MADRID PROTEST BRINGS MARKETS DOWN July 20, 2012 Police fired rubber bullets on protested in a huge demonstration in Madrid against austerity. 39 people are reportedly injured. Yield on Spanish bonds has surged over 7%. After a string of earnings better than the worse case scenarios, GE disappointed this morning. Some of the positive move in the stock market this week is technical in nature as it relates to option expiration. Expect a volatile day ahead. Gold

PLAN ON QQQ

July 19, 2012

This post was just published on ZYX Short Sell Change Alert Plan on QQQ is to short more in small tranches if the stock goes higher. Temporarily no stops. Target $61. to $62.

NEW IDEA ON QQQ

July 19, 2012

This post was just published on ZYX Short Sell Change Alert Initiating a 10% tranche short on QQQ right here around $65.03.

WEEKLY MARKET DIGEST: EARNINGS SEASON FULL OF OPPORTUNITIES AHEAD

July 13, 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.) CHINA GROWTH LOWEST IN THREE YEARS July 13, 2012 Chinese GDP growth fell to 7.6%, its lowest in about three years. The number is in line with expectations. Moody’s lowered Italy by two notches. As expected, European markets responded by going up. Expect a lot of short covering today. Gold futures are at $1581, silver futures are at $27.36, and oil futures are $86.95. S&P 500 resistance levels are 1339, 1348, and 1352; support levels are