GOLD FALLS ON FED STATEMENT
April 25, 2012
This post was recently published on ZYX Short Sell Change Alert. Gold futures fall to $1631 on Fed statement. Silver futures fall to $30.01. Consider staying short on GLD.
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This post was recently published on ZYX Short Sell Change Alert. Gold futures fall to $1631 on Fed statement. Silver futures fall to $30.01. Consider staying short on GLD.
This post was previously posted on ZYX Buy Change Alert Scaremongers are out in full force predicting dire consequences for Wal-Mart (WMT) arising out of New York Times article regarding bribery charges in Mexico. It is a great topic to gain publicity for the scaremongers. However, their predictions are not consistent with the past record of similar instances. The crux of the issue here is Foreign Corrupt Practices Act (FCPA). History shows that a dip in stocks based on FCPA related news is almost always a buying opportunity. The Plan Previously we strongly recommended to not exceed 25% of the full core position. We
This post was published earlier on ZYX Buy Change Alert Wal-Mart (WMT) is being hit hard on revelation of bribes in Mexico. As a short term trade, only aggressive traders may consider buying no more than 25% of full core position size in the zone of $58.31 to $59.36. Target $62 to $62.50. Stop zone is $57.33 to $57.63.
Apple /quotes/zigman/68270/quotes/nls/aapl AAPL -0.15% reports earnings on April 24 after the close. The consensus estimate is $10.05 for earnings and $36.73 billion for revenues. Of course, as usual, the breakdown of numbers by product category will drive the price of the Apple stock. Apple stock price has lately been very volatile. The gurus have advanced several explanations. Such theories include Verizon /quotes/zigman/262341/quotes/nls/vz VZ +1.52% not selling as many iPhones as some expected, details of chips from Qualcomm /quotes/zigman/77257/quotes/nls/qcom QCOM -0.50% , controversy about the number of iPads sold in the quarter, and rumors of a smaller iPad with lower gross
Most investors try to profit only when stocks go up. Sophisticated investors profit both as stocks go up and when stocks go down. Investors will find that a proper combination of very long term positions, long term positions, medium term positions, short term positions and very quick trades generates wealth under all market conditions. This is an example of a quick trade. One of the problems many investors face that the resources to help them to profit from stocks going down are rare. One such well-respected rare resources is ZYX Short Sell Change Alert . We have just completed a
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) GOLD CROWD FLOATS FRENCH DOWNGRADE RUMOR March 20, 2012 Yesterday Spanish bond auction went well. Gold traders caught on the long side tried in vain to disparage the success of the auction with arguments that the success was artificial. They speculated that most of the bonds were bought by ECB and Spanish banks. The market did not buy the argument and gold plunged to the major support at $1637 to $1641. As gold accelerated its plunge
This post was published earlier on ZYX Short Sell Change Alert Yesterday gold broke a strong support at $1637 to $1641. From a fundamental perspective, it made sense because the auction is Spain had gone well. Gold would have easily fallen to $1600 if it was not for the rumor of French downgrade. The rumor caused a rapid run up from $1632 to $1654. Many investors were shaken out of a good short position. We were not shaken out for a number of reasons. We have 30 years of experience dealing with stock market rumors. The rumor did not meet
Gold and silver are running on rumors of French downgrade.