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.
Proven Track Record of Most Accurate Analysis
Proven Track Record
of Most Accurate Analysis
This post was just published on ZYX Short Sell Change Alert Initiating a 10% tranche short on QQQ right here around $65.03.
(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
In the latest MacBook Pro with Retina display from Apple (AAPL), the battery is glued to the case. Apple made it almost impossible for an average person to replace the battery. From a teardown report from iFixit, it appears that Apple went out of its way to make sure that even professionals could not remove the battery. It took iFixit two days to remove the battery and in the process the battery was punctured. I have ended up replacing the battery at least once in every laptop I have ever owned. A typical lithium battery becomes less than satisfactory after 300 to 500
Now it is universally accepted that growth in China is slowing. If a large number of communications that we receive are any indication, North American investors make two underestimations: first how much China’s growth is really slowing, and second how much it can hurt their investments in stocks, bonds and commodities, including gold and silver. After a careful study of the Federal Open Market Committee (FOMC) minutes released yesterday, my view is that the subject of China’s slowing growth has become more important for North American investors. China Is Slowing The Chinese economy has been on a tear for a
Central banks across the globe have been waging a war against the natural economic ebb and flow. Like any war, it has had many battles. Since 2008, central banks have won every battle. Now their luck is running out. I do not know how the war will turn out, but last week my model gave a definitive call that central banks are likely to lose this battle. Economic indicators can be broadly divided into three categories: the lagging indicators, the coincident indicators, and the leading indicators. The focus of our research at The Arora Report is leading indicators from 23
China, which was an afterthought for Apple once-upon-a-time, has become the company’s second biggest market. In the second fiscal quarter, Apple generated $7.9 billion of revenues from China. This amount was more than three times the revenues a year earlier. As a reference, Apple’s total revenues were $39.2 billion. A large number of Apple bulls expect Apple sales in China to accelerate, but the data do not support such expectations. Applied Materials (AMAT), the big semiconductor equipment company, lowered its earnings estimates on Tuesday, citing a slowdown in China. Yesterday afternoon the whole stock market fell out of bed when Cummins (CMI), a truck engine
This post was just published on ZYX BuyChange Alert The position is long with an average price of $12.28. Currently, 20% of the full core position size is being held. Consider taking profits on CIEN in the zone of $14.80 to $15.80. Aggressive investors may simply put a stop in the zone of $14.68 to $14.73 to protect profits. Our fundamental thesis on CIEN remains positive. This call is a result of general market conditions and not because of any new development in CIEN. The plan is to buy CIEN again at a lower price.
This post was just published on ZYX Buy Change Alert OREX is long for most subscribers from $4.50. OREX is moving up in the pre-market on the news of good enrollment numbers. This news was expected. We recommend taking advantage of this news. What To Do Now? Those who are still in the stock may consider either taking profits around $6.45 or putting a stop at $6.18 to protect profits. Most investors may consider taking profits.