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APPLE CONFERENCE WINNERS AND LOSERS

June 14, 2012

At its Worldwide Developer Conference in San Francisco, Apple AAPL made a series of announcements that will provide significant investing and trading opportunities both on the long and the short sides, over the coming weeks and months in the derivative plays. Below are thumbnails of 14 companies worth paying attention to in light of Apple’s revelations. Winners Yelp YELP Yelp is a big winner. It has already been the main source for recommendations by Siri on restaurants. In the future, search for restaurants will make reviews from Yelp appear on Apple devices. Yelp will also be integrated with Apple Maps.

WHY DIMON’S TESTIMONY DOESN’T MATTER

June 13, 2012

A circus dwarf sat on the lap of J.P. Morgan, Jr. and posed for pictures while the storied banker waited to testify before a senate committee on the 1929 crash. A lot has changed since 1933, but some things have remained constant. Jamie Dimon, CEO of J.P. Morgan JPM is testifying in front of the same senate committee that interrogated J.P. Morgan, Jr.; politicians will grandstand much like they did in 1933, and some will show off their ignorance of the complexities of banking. In anticipation of this hearing, we have accumulated a partial position in J.P. Morgan to take

PROFIT FROM JUST ANNOUNCED NEW CASE BY APPLE

June 11, 2012

This post was just published on ZYX Short Sell Change Alert AAPL has just introduced a new smart case for iPad. This is negative for ZAGG which makes competing cases. Consider adding or initiating a 10% tranche right here at $10.76. Short sell zone is $10.60 -13.25. No stops temporarily. Target $3-5.

AGGRESSIVE SELLING OF GOLD AND SILVER IN INDIA

June 11, 2012

This post was just published on ZYX Short Sell Change Alert India is the world’s largest coal importer. Contrary to the rumors being spread by the gold momo crowd data from publicly traded gold instruments in India shows aggressive selling. Anecdotal evidence shows that the demand for the physical gold and silver metals is very weak. When gold and silver prices are high, instead of buying gold and silver, Indians tend to recycle the gold and silver they own for purposes of marriages and festivities. Estimates are that scrap sales of gold in India may reach 300 metric tons from 130

TAKE SMALL PROFIT ON SLV

June 8, 2012

This post was just published on ZYX Short Sell Change Alert Consider taking a very small profit that is there on SLV and exiting the trade at $27.74. The reason is that there is no telling what news comes out of Europe over the weekend. By Monday the profit could become much bigger or a loss. There is no sense in taking risk of the weekend.

WEEKLY MARKET DIGEST: DOOMSAYERS TRYING HARD TO MAKE THE SKY FALL

June 8, 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.) QE3 HOPES FADE June 8, 2012 Bernanke indicated the U.S. economy is strong. Some market participants have been selling because their hopes of immediate QE3 have been dashed. Some investors were buying yesterday because of the rate cut in China. Today the same investors are selling because they realize the reason China cut rates is due to economic weakness. The foregoing shows that there are a large number of investors in the markets who cannot see

FOUNDER’S DEPARTURE COULD OVERTURN BEST BUY’S DEATH SENTENCE

June 8, 2012

There is not much doubt thatBest Buy (BBY) will go out of business eventually unless it changes the way it does business. Finally there is a big leap at Best Buy to arrest the company’s downward spiral. Best Buy founder and former chairman Richard Schulze has resigned. Schulze owns 20.1% of the company. Best Buy is under attack on multiple fronts. It is becoming increasingly common for shoppers to go to Best Buy and scope out what they want and then order it from Amazon (AMZN). In some ways Best Buy has simply become a showroom for Amazon. A consumer not wanting to

TRADING WITH BERNANKE

June 7, 2012

Over years, Central Bank head Ben Bernanke’s testimonies have become a steady source of profits for me and subscribers to The Arora Report . Bernanke’s testimony from this morning before Congress’ Joint Economic Committee was no different. The race was on to read and interpret the text before the others to generate short-term profits. This is a simple technique that anybody can easily use to make money. This time, Bernanke made it easy. The crux of his testimony was in the second paragraph, “Economic growth has continued at a moderate rate so far this year. Real gross domestic product (GDP)