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GOLD FALLS AS CENTRAL BANKS BUY BUT THE MOMO CROWD SELLS

September 26, 2012

This post was just published on ZYX Short Sell Change Gold is down $17 in spite of fresh data from the International Monetary Fund (IMF) that Kazakhstan, Turkey, South Korea, and Russia have recently been buying gold. Today several analysts are out thumping their chests to buy gold because of central bank buying. What does gold do? It promptly falls $17. The reason is that the momo crowd has been an aggressive seller of gold this morning. Yesterday we told you that the momo crowd was spooked about riots in Spain. Riots in the streets and a lot of bad news — momo crowd responds by

EXIT FB

September 26, 2012

This post was just published on ZYX Buy Change Consider exiting FB basically for a scratch in the zone of $20. to $20.80. The stock moved up strongly after our recommendation. However the pull back in response to one article is too strong to not take protective action. In the premarket the stock is trading at $20.08 and closed yesterday at $20.28.

NEW IDEA ON JBL

September 25, 2012

This post was just published on ZYX Short Sell Change JBL just reported worse than expected earnings and projections are also less than expected. The stock is hanging up there because of the announcement of a buyback. The plan is to cautiously short this stock and add to the position if the stock goes higher. Most subscribers should have a fill around $21.15 to $21.20. Target zone $17 to $18. Stop zone $23.36 to $23.83.

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