NEW IDEA ON LOW
May 21, 2012
This post was just published on ZYX Buy Change Alert Consider initiating a 10% tranche on LOW right here at $25.44.
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This post was just published on ZYX Buy Change Alert Consider initiating a 10% tranche on LOW right here at $25.44.
This post was just published on ZYX Buy Change Alert Consider buying a 10% tranche of FB right here at $33.52. No stops. For aggressive investors only.
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) PHILLY FED INDEX CAUSES MASSIVE SHORT SQUEEZE IN GOLD AND SILVER May 18, 2012 The Philly Fed Index is a monthly survey by the Federal Reserve Bank of Philadelphia of manufacturing firms in the Philadelphia region. The index, which was released yesterday came a -5.8 vs consensus of +10. Some market participants believe that such an extremely negative reading may prompt the Federal Reserve to do more monetary easing. This started short squeeze in gold and
Facebook (FB) started trading today with much anticipation. Unfortunately the common place advice doomed the IPO. The IPO was priced at $38. One of the first opening indications was $45 on 18 million shares. The stock was set to open at 11:00 am ET. The opening was repeatedly delayed and opening price indication kept on falling. The common advice was to put in for 50,000 shares if an investor wanted 2,000 shares. Investors who heeded such advice got more shares than they wanted. As the opening indication was lower than bulls expected, investors simply wanted to flip. Buy orders were not
This post was just published on ZYX Buy Change Alert Consider selling FB right here at $38.08 and exiting the trade.
This post was just published on ZYX Buy Change Alert FB has now plunged to $38. Please ensure that stops previously mentioned are in place.
This post was just published on ZYX Buy Change Alert FB opens at $43 and is now falling to $42.37 as of this writing.
This post was just published on ZYX Buy Change Alert Apparently large number of orders on FB are being cancelled. Markets are fickle but for the time being it appears that our calls to cancel FB open orders was spot on.