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 AAPL has just introduced a new smart case for iPad. This is negative for ZAGG which makes competing cases. Consider adding or initiating a 10% tranche right here at $10.76. Short sell zone is $10.60 -13.25. No stops temporarily. Target $3-5.
This post was just published on ZYX Short Sell Change Alert India is the world’s largest coal importer. Contrary to the rumors being spread by the gold momo crowd data from publicly traded gold instruments in India shows aggressive selling. Anecdotal evidence shows that the demand for the physical gold and silver metals is very weak. When gold and silver prices are high, instead of buying gold and silver, Indians tend to recycle the gold and silver they own for purposes of marriages and festivities. Estimates are that scrap sales of gold in India may reach 300 metric tons from 130
This post was just published on ZYX Short Sell Change Alert Consider taking a very small profit that is there on SLV and exiting the trade at $27.74. The reason is that there is no telling what news comes out of Europe over the weekend. By Monday the profit could become much bigger or a loss. There is no sense in taking risk of the weekend.
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) QE3 HOPES FADE June 8, 2012 Bernanke indicated the U.S. economy is strong. Some market participants have been selling because their hopes of immediate QE3 have been dashed. Some investors were buying yesterday because of the rate cut in China. Today the same investors are selling because they realize the reason China cut rates is due to economic weakness. The foregoing shows that there are a large number of investors in the markets who cannot see
There is not much doubt thatBest Buy (BBY) will go out of business eventually unless it changes the way it does business. Finally there is a big leap at Best Buy to arrest the company’s downward spiral. Best Buy founder and former chairman Richard Schulze has resigned. Schulze owns 20.1% of the company. Best Buy is under attack on multiple fronts. It is becoming increasingly common for shoppers to go to Best Buy and scope out what they want and then order it from Amazon (AMZN). In some ways Best Buy has simply become a showroom for Amazon. A consumer not wanting to
Over years, Central Bank head Ben Bernanke’s testimonies have become a steady source of profits for me and subscribers to The Arora Report . Bernanke’s testimony from this morning before Congress’ Joint Economic Committee was no different. The race was on to read and interpret the text before the others to generate short-term profits. This is a simple technique that anybody can easily use to make money. This time, Bernanke made it easy. The crux of his testimony was in the second paragraph, “Economic growth has continued at a moderate rate so far this year. Real gross domestic product (GDP)
These posts were just published on ZYX Short Sell Change Alert SHORT SELLING SILVER Consider short selling a 10% tranche on silver right here at $28. This trade is a very very short term trade for aggressive investors only. MORE ON SLV Stop zone is $29.52- 29.80. Markets are very volatile, risk of loss is high, keep quantity small. The tentative plan is to add to the position if SLV moves higher.
These posts were just published on ZYX Buy Change Alert BERNANKE POSITIVE ON U.S., NO MENTION OF QE, NEGATIVE FOR GOLD AND SILVER In the prepared text Bernanke is positive on the U.S. and does not mention QE. Unless he mentions QE in the question answer session, this is negative for gold and silver. CHANGE IN GOLD AND SILVER BIAS Gold and silver bias is now changed from positive to neutral in the very, very, short-term and negative in the very, short-term. This does not affect arbitrage trades but those trading gold and silver naked may take notice.