Proven Track Record of Most Accurate Analysis
Proven Track Record
of Most Accurate Analysis
This post was recently published on ZYX Buy Change HTC has switched its orders for CMOS image sensors from Samsung (SSNLF) to OmniVision (OVTI) and Sony (SNE). It is a positive development, but our screens do not justify adding at this time. What To Do Now? Those in the position may continue to hold. Those not in the position may wait for a signal on the Real Time Feed to initiate a position
This post was just published on ZYX Buy Change CIEN is at an inflection point. This is why the stop is so tight. Conservative investors and those who can not watch during the day should let the stop hit and be willing to enter again with a tight stop. Aggressive investors can change the stop to $12.17 -12.38. We caution against trading this stock without a tight stop. For the long term, CIEN will benefit from China spying, please see an earlier post on this topic. The stock can easily run to $17 if a short squeeze starts. A short squeeze is possible
A congressional committee hints that China may be spying on your phone calls and emails. Spying may be accomplished through the software code and telecommunication equipment manufactured by two large Chinese firms. On October 8, 2012, Chairman Mike Rogers and Ranking Member C.A. Dutch Ruppersberger of the United States House Permanent Select Committee on Intelligence issued the Investigative Report on the U.S. National Security Issues Posed by Chinese Telecommunications Companies Huawei and ZTE. The clear message from the 52-page report written in polite and politically correct language, perhaps not to alienate China, is that two major Chinese telecommunication equipment companies, Huawei and ZTE, may be
The Apple (AAPL) stock chart has traced the dreaded head-and-shoulders pattern. This is a well-known and well-followed reversal pattern in traditional technical analysis. As shown on the chart, the pattern consists of a left shoulder, a head, and a right shoulder. In Apple, the left shoulder was formed when the price pulled back from about $680 to about $660 in an ‘outside day’. An outside day is another reversal pattern. Please see “Dangerous Apple chart pattern into iPhone 5 launch.” The head was formed when the price moved above the peak of the left shoulder and subsequently fell down close to the
There is no shortage of absurdities in our world. In the first presidential debate last week, Gov. Mitt Romney added two more. “I like coal. I’m going to make sure we continue to burn clean coal. People in the coal industry feel like it’s getting crushed by your policies,” Romney said to President Obama in Wednesday’s debate. First, there is no such thing as clean coal. Clean coal is a trade term to describe methods and technologies to reduce greenhouse gas emissions from the burning of coal to generate electric power. Although I am not currently involved in any clean
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) GREAT NEWS FOR AMERICAN ECONOMY MAYBE BAD NEWS FOR GOLD, BONDS, AND STOCKS October 5, 2012 The just released employment data from the U.S. Department of Labor is great news for the U.S. economy. Our leading indicator is weekly unemployment claims. We have been telling you for the last several weeks that the data is improving. Weekly unemployment claims that we give a heavy weight to is a leading indicator. The just released employment data is
During the presidential debate on Wednesday in Denver, every time Gov. Mitt Romney seemed to score a point on President Barack Obama, gold futures ticked higher. At points when Obama seemed to be recovering, gold futures ticked down. As the debate ended and gurus, even on MSNBC, started proclaiming Romney the winner gold futures spiked. After establishing a quick pattern of a higher high and a lower low, gold futures rocketed around 2:00 AM ET. The buying was very aggressive. There were three significant news items in the morning: the Bank of England’s rate decision, the European Central Bank’s rate decision, and
This post was just published on ZYX Short Sell Change Consider adding a 10% tranche to SLV right here around $33.75. Futures EQ is $34.82. Stop zone on this tranche only is $35.27 to $35.63.