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GOLD AND SILVER FALL ON SPANISH RIOTS

September 25, 2012

This post was just published on ZYX Buy Change This morning the momo crowd was aggressively buying gold and only lightly buying silver. Both metals were pushed up. As the rumors of riots in Spain started spreading, momo crowd started selling gold and silver. Only very light selling was seen by Smart Money in gold and mild selling by Smart Money in silver. However the real reason of the fall in gold and silver is selling by momo crowd. As of this writing, momo crowd has sold everything that they bought this morning. Momo crowd continues its pattern of selling

SMART MONEY IN GOLD, SILVER, AND MINER

September 25, 2012

This post was just published on ZYX Buy Change SYMBOL SMART MONEY BUYING IN MILLIONS OF $ SMART MONEY SELLING IN MILLIONS OF $ GLD 2.06 SLV 21.32 ABX 2.35 NEM 0.26 GDX 1.03 GDXJ 0.18 GG 2.71 SLW 1.24 PAAS 1.04 CDE 0.21 Smart Money in our parlance is the ultra sophisticated money than knows more, than knows early, that has tremendous amount of analysis powers, and that has extensive resources. The data is for the day. We monitor gold and silver trading data from a variety of instruments and sources from across the globe. The above table is

BUGGY APPLE MAPS POINT WAY TO MEDIOCRITY IN POST-JOBS ERA

September 25, 2012

It is no secret that Apple Maps in iOS 6 has problems. These problems are likely more serious than generally believed. There are several reports out that Apple is using recruiters to lure engineers who have worked on Google (GOOG) Maps. Considering that Apple has already introduced iOS 6 with great fanfare and according to Apple more than 100 million iOS devices have been updated with iOS 6, is this the time to hire recruiters to attract engineers who have played a role in developing Google Maps? If the general belief that problems with Apple Maps are minor and need only a few tweaks, Apple would

COLOR ON OVTI

September 25, 2012

This post was just published on ZYX Buy Change OVTI is running down for two reasons. First in sympathy with Apple, and second on rumors that OVTI camera is not in iPhone 5. The first reason is correct but the second reason may turn out to be wrong. Based on OVTI revenue projections, OVTI is either a second source for iPhone 5 camera or it has landed another major customer. Only 10% is being held. Subscribers have two choices. Those who are short-term trading oriented may consider letting the stop hit and exiting the position. Those who are long-term oriented but not willing to take the risk

DON’T GET EXCITED ABOUT APPLE FALLING SHORT OF IPHONE 5 SALES FORECASTS

September 24, 2012

Apple (AAPL) sold five million iPhone 5s in just three days after the launch. iPhone was available only in Australia, Canada, France, Germany, Hong Kong, Japan, Singapore, the U.K. and the U.S. Apple will release iPhone 5 in 22 more countries on September 28. By the end of the year, iPhone 5 will be available in over 100 countries. Anecdotal evidence shows that the initial demand for iPhone 5 exceeded the supply available, with total sales so far exceeding what the iPhone 4S sold in its entire first month. The foregoing are impressive statistics by any means. The only fly in the

TAKE PARTIAL PROFITS ON THC

September 24, 2012

As of this writing, THC is trading at $6.32. This post was recently published on ZYX Buy Change Alert Consider taking profits on a 10% tranche of THC right here in the zone of $6.14 to $6.40. This is a long-term position; our positive thesis has not changed. this exit is simply to lighten-up a little bit as the market is over bought. This is also consistent with our method of always continue to book some profits. After this sale 80% of the full core position will still be held.

WEEKLY MARKET DIGEST: S&P 500 RE-BALANCING ON TOP OF QUADRUPLE WITCHING

September 22, 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.) S&P 500 RE-BALANCING ON TOP OF QUADRUPLE WITCHING September 21, 2012 In addition to quadruple witching, today is also the day of S&P re-balancing. In quadruple witching various options expire. In S&P 500 re-balancing, 350 companies will be bought and 150 will be sold. These two events will generate buy pressure in the markets and sustain the overbought conditions. Gold futures are at $1785, silver futures are at $35.15, and oil futures are $93.49. S&P 500

THE REASON BEHIND GOLD AND SILVER ROUND TRIP TODAY

September 21, 2012

This post was just published on ZYX Buy Change This morning gold and silver ran up strongly then made a round trip by pulling back to where they started from. Gold and silver options expire on Tuesday. Option expiration appears to be on the upside. The up move was related to option expiration. At the highs Smart Money took advantage of elevated prices and started selling. This selling brought the prices down again. An interesting battle is taking place between Smart Money and the momo crowd. So far momo crowd is winning. In gold there is strong support in the zone