TAKE PROFITS IN LOWE’S
June 6, 2012
Consider taking profits in Lowe’s (LOW) and exiting the trade right here at $27.25
Proven Track Record of Most Accurate Analysis
Proven Track Record
of Most Accurate Analysis
Consider taking profits in Lowe’s (LOW) and exiting the trade right here at $27.25
For a while there has been no shortage of speculation about a new TV from Apple (AAPL). Recently, Tim Cook, CEO of Apple stoked the fire by making vague comments about the company’s future in the television business. The speculation ranges from a full-fledged TV set to a big upgrade of existing Apple TV. It has been like a blank canvas that so-called gurus have been painting on to their heart’s content because there is no way to confirm or reject any speculation. Michael White is no run of the mill commentator speculating on Apple TV. White is the chairman of DirecTV (DTV).
The two most important questions Will you lend to someone who is insolvent and has no plan to get out of insolvency at 1.47% for 10 years when inflation is running at about 3% and prospects of hyper-inflation loom? Will you sell good assets that are likely to protect your future because S&P 500 crossed an arbitrary line on a chart? Any astute investor would answer the above two questions with a firm “no.” A question everybody should ask Yet fear is such a powerful emotion that it has overcome logic and sanity in the markets.The good news is that
(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 CONTRACTS, U.S. SLOWS AND GOLD SPIKES June 1, 2012 China PMI came perilous close to a point that indicates economic contraction and about 10% lower than whisper numbers. In the U.S. non-farm payroll came at 82K vs consensus of 168K and whisper number of 120K. Gold and silver are spiking on hopes of QE3. We still think QE3 unlikely, but Operation Twist may be extended. Yesterday we told you that one of the factors with
As Apple (AAPL) makes progress towards releasing iPhone 5, details are leaking out. For a long time, there has been speculation that Apple will use Liquidmetal on a large scale in iPhone 5. Liquidmetal is not a liquid but a commercial name for a series of amorphous metal alloys. These alloys were developed at California Institute of Technology (CALTECH). These alloys are marketed by Liquidmetal Technologies (LQMT). Liquidmetal alloys are made of a mix of titanium, nickel, copper and zirconium, among other metals. These materials feel as smooth as liquid or glass when touched; hence the name Liquidmetal. These materials offer high tensile strength,
This post was just published on ZYX Buy Change Alert One of our rules is to never to look a gift horse in the mouth. We had $61 gain in gold in less than two hours. Prudence simply called for booking profits. The plan is to buy gold again on pullback.
This post was just published on ZYX Buy Change Alert Consider taking profits on gold futures right here at $1616 equivalent on GLD is $156.85. This exits the position.
This post was just published on ZYX Buy Change Alert It appears that several subscribers stepped up and bought GLD around $1575 this morning after reading the morning capsule. Those not long GLD may consider buying a very small position such as a 5% to 10% tranche on any pull back to $1575-$1580. To clarify, we bought gold at $1555 but it moved to $1575 before we could publish the signal.