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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

CONFLUENCE OF INDICATORS SHOWS MAJOR OPPORTUNITIES AHEAD

July 25, 2012

This post was recently published on ZYX BuyChange Alert. Confluence of indicators shows that major opportunities are ahead. In every instance where this confluence has been seen before, a major buying opportunity has occurred within the next 120 days. Based on the confluence we are embarking on a new plan. The plan will include the following: A list of the top stocks to buy Appropriate buy zones to maximize profits and minimize risk Proper timing of purchases Lifting of existing hedges Raising more cash so that more powder is dry to take advantage of upcoming opportunities The Open Secret The open secret

STEVE JOBS’ SHOES LOOK TOO BIG TO FILL AFTER APPLE’S SECOND MISS UNDER COOK

July 25, 2012

Apple (AAPL) reported much anticipated earnings after the market close. Earnings were a big miss. There is no value to be added by regurgitating the numbers as Connie Guglielmo has already done an excellent job of reporting the details in her piece Apple Sales Miss Estimates, Shares Fall As iPhone Pause Begins. As I carefully studied Apple’s earnings release and information provided on the conference call, I was reminded of Shakespeare’s Twelfth Night, “Some are born great, some achieve greatness, and some have greatness thrust upon them.” This is Apple’s second earnings miss under Tim Cook. After the second miss, the scrutiny of Tim

GOLD AND SILVER SPIKE ON THE FED LEAK

July 25, 2012

Yesterday at about 3:45 pm EDT, WSJ published a leak from the Federal Reserve. Such leaks are usually deliberate on the part of the Federal Reserve. Here is an excerpt from WSJ of the leak: Federal Reserve officials, impatient with the economy’s sluggish growth and high unemployment, are moving closer to taking new steps to spur activity and hiring. Since their June policy meeting, officials have made clear—in interviews, speeches and testimony to Congress—that they find the current state of the economy unacceptable. Many officials appear increasingly inclined to move unless they see evidence soon that activity is picking up