Proven Track Record of Most Accurate Analysis
Proven Track Record
of Most Accurate Analysis
This post was just published on ZYX Short Sell Change Alert. Consider taking partial profits ob a 5% tranche on GLD right here at $154. Consider continuing to maintain the rest of the position short. Our models continue to show that gold may go lower in the medium-term. However in the short-term, gold is very oversold and it is best to book some profits in keeping with the ZYX Change Method.
JP Morgan (JPM) recommendation is being withdrawn. JP Morgan reports unexpected big investment loss in the range of $800 million to $2 billion. JP Morgan’s CEO calls the loss egregious and self-inflicted. JP Morgan now sees more portfolio risk than they recently disclosed in their earnings call. This appears to be a two quarter problem. The conference call with JPM is in progress. The stock is trading at $38 down about $2.70 at the time of this writing. This information was disclosed by JP Morgan after the close. Fund flows are extremely negative. Very light Smart Money buying is taking place right
This post was just published on ZYX Short Sell Change Alert. Consider taking profits and exiting the trade right here at $53.02. Another massive short squeeze seems to be underway.
This post was just published on ZYX Short Sell Change Alert. Gold just broke $1600 support and is now at $1596 as of this writing. Both gold and silver are very oversold in the very short-term. A bounce can happen any time. Next support is $1565 to $1575 on gold, and $29 on silver. Silver is at $29.16 as of this writing. What To Do Now? Those short GLD may continue to hold short. Those holding more than the recommended quantity may take partial profits right here. Those not short gold may wait for a signal on the Real Time Feed.
This post was just published on ZYX Short Sell Change Alert. Consider entering a limit order to take profits on the rest of VSI position at $49.02
This post was just published on ZYX Short Sell Change Alert. Consider taking partial profits on VSI right here at $50.50.
This post was just published on ZYX Short Sell Change Alert. VSI reported good earnings and claimed they do not have much exposure to potential FDA recall. In any case the upside is overdone. Short selling a 30% tranche at $53.75.
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) TAKE JOBS REPORT WITH A GRAIN OF SALT May 4, 2012 The U.S. Department of Labor reports that unemployment rate fell to 8.1% vs 8.2% consensus. Non-farm payrolls increased by 115k vs 162k consensus. The whisper number was about 120k. In any case this is a negative number. On the positive side March non-farm payrolls were revised to 154k from 120k. The rest of the data in the report is also mixed. There is ammunition in the report