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SMART MONEY IN GOLD AND SILVER MINERS

August 2, 2012

This post was just published on ZYX Buy Change Alert From the emails we have received, there appears to be a strong interest among our subscribers in gold and silver miners. Yesterday we commented that for the first time Smart Money was buying precious miners in a long time. Here is the data about Smart Money actions today. SYMBOL SMART MONEY BUYING IN MILLIONS OF $ SMART MONEY SELLING IN MILLIONS OF $ ABX 3.56 NEM 6.13 GDX 4.38 GDXJ 0.34 GG 3.73 SLW 0.33 PAAS 0.013 CDE 1.82 As the table

CHANGE IN BIAS ON GOLD AND SILVER

August 2, 2012

This post was just published on ZYX Buy Change Alert Gold and silver are being downgraded from neutral with no bias to neutral with negative bias. The reason is Draghi’s failure to act immediately.

WHAT AT&T STAFF REALLY SAYS ABOUT IPHONE

August 1, 2012

BGR reports that AT&T has ordered retail staff to sell “anything but” Apple‘s iPhone. BGR backs up the report by claiming that it has confirmed the directive by three independent sources. According to BGR, regional managers have been telling store managers to steer consumers away from iPhones. I have attempted but not been able to confirm the report. Multiple checks after BGR’s report show that there may be some truth to the report. However, it appears that AT&T retail staff is doing a commendable job correctly pointing out the pros and cons of various devices. AT&T is pushing Google‘s Android based Motorola Atrix HD phone. There is

CHANGE IN BIAS ON GOLD AND SILVER

August 1, 2012

This post was just published on ZYX Buy Change Alert Our rating on gold and silver has been neutral with positive bias. Now gold and silver are being downgraded to neutral with no bias. Our models are driven by a large number of factors. There are two triggers for the downgrade. First, FOMC will announce its statement at 2:15 pm EDT. Expectations of bulls appear to be more optimistic than what the statement is likely to say. Second, the ADP employment change came at 163k vs consensus of 125k. This is the first important positive data on the U.S. economy in

APPLE SHOULD DIG INTO THE COUCH CUSHIONS AND BUY TWITTER

July 30, 2012

Apple has been phenomenally successful in designing and selling devices but it has stumbled badly in developing its own social media. Apple is in great need to rectify its social deficiency. One good way to remedy the situation is for Apple to buy Twitter. Rumors have been rife over the last year that Apple will buy or take a major stake in Twitter. The New York Times fanned the flames when it reported on Friday, July 27, that Apple had talked with Twitter in recent months about taking a stake in the micro blogging company. Worth noting is that the Wall Street Journal also reported last week

OBAMACARE DOING TO INSURANCE AGENTS WHAT INTERNET DID TO TRAVEL AGENTS

July 29, 2012

It was not long ago that legions of travel agents labored all across America in offices ranging from those located in class A office buildings to downtrodden strip malls. They gawked at 14-inch green CRT screens at gobbledygook codes that only they could understand. When it came to travel, travel agents were masters of their domain. Corporations invited bids from travel agents to handle their travel. Consumers felt lucky if they had a good travel agent. Frequent travelers went out of their way to befriend their agent. The universe of travel agents in many ways was similar to the universe

WEEKLY MARKET DIGEST: GOLD AND SILVER SPIKE ON THE FED LEAK

July 29, 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.) GDP NUMBER MAKES IT DIFFICULT FOR THE FED TO ACT July 27, 2012 Q2 advance GDP came at 1.5% vs 1.2% consensus. Q1 GDP was revised up to 2.0% from 1.9%. These numbers show that American economy is stronger than generally believed. Market has been running up on anticipation of the Fed easing and stimulus from the ECB. The strong GDP number makes it difficult for the Fed to ease at this point. Astute investors should

GDP DATA NEGATIVE FOR GOLD AND SILVER

July 27, 2012

This post was just published on ZYX Buy Change Alert Gold and silver have been running up on anticipation of the Fed easing and stimulus from the ECB. The strong GDP number released at 8:30 am EDT makes it difficult for the Fed to ease at this point. Q2 advance GDP came at 1.5% vs 1.2% consensus. Q1 GDP was revised up to 2.0% from 1.9%. These numbers show that American economy is stronger than generally believed. Today is Friday and bulls are hoping that ECB will make some kind of announcement before our markets open Monday morning. This optimism is providing some