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SMART MOVE IS SELLING APPLE ON IPAD ANNOUNCEMENT

March 5, 2012

Johnny-come-latelies in Apple (AAPL) stock may be setting themselves up to get their pockets picked by professionals. Unless one has been hiding under a rock, it has been impossible to hide from the constant bombardment of the same tired news that iPad 3 is coming. Professionals and individual investors play the much anticipated event very differently. Professional traders marked on their calendars on March 2, 2011 to start accumulating Apple stock in early January, 2012 subject to overall market conditions. What was so special about March 2, 2011? This was the day when iPad 2 was introduced. Based on past patterns, it

TAKE PARTIAL PROFITS ON ADOBE (ADBE)

March 5, 2012

The position in Adobe (ADBE) is long with an average price of $25.60. Currently, 30% of the full core position size is held. Previously, profits have been taken at an average price of $28.10. Consider taking partial profits on a 5% tranche right here at $33.73. This call is being driven by the big macro call that probability of market correction has arisen. For your convenience, the following post that was published earlier on ZYX Buy Change Alert is being reproduced below: CHINA LOWERS GROWTH TARGET China has lowered GDP growth target to 7.5%. This is the first target under 8% since

Why Yahoo Attacks Facebook Now

March 2, 2012

When the news first broke that Yahoo (YHOO) is seeking patent licensing fees from Facebook (FB), it seemed business as usual. As a long-time member of the Institute of Electrical and Electronics Engineers, its publication Spectrumhas been my regular read for years. Spectrum has given its top ranking to Yahoo patents in Communication/Internet services category. Yahoo had already set the mold when it received 2.7 million shares of Google (GOOG) before Google went public in exchange for Google licensing patents that Yahoo inherited when it acquired Overture. My first reaction was that Yahoo is angling to receive shares in Facebook before it goes public. But

CONSIDER TAKING PARTIAL PROFITS ON GLD

March 2, 2012

Consider taking profits on the last 5% tranche (from 2/29/12 at $173.38) right here at $166.28. Consider maintaining the remaining short position.

SMART MONEY SELLING GOLD

February 29, 2012

First a clarification, the gold position taken this morning is a short position. In other words, the objective is to benefit from gold going down. Those interested in gold and silver may benefit from reading our morning post from today. Subscribers to ZYX Buy Change Alert and ZYX Short Sell Change Alert receive similar morning posts most mornings before the market opens. Reproduced below is the post from today that was published at 9:27 am. Longer-term refinancing operation (LTRO) is a big hit again. 800 European banks borrowed from ECB €529.5bn at 1% for three years. This is the second

ADDING TO GLD

February 29, 2012

Adding a 5% tranche to GLD at $173.38.

OBAMA’S PRIVACY PLAN PUTS PINCH ON GOOGLE

February 25, 2012

Google’s trickery of tracking users of Apple’s (AAPL) Macs, iPhones and iPads without their knowledge or permission recently raised a firestorm whenJonathan Mayer of Stanford University found that Google intentionally circumvented Safari’s privacy feature. Caught red-handed, Google offered a convoluted explanation. Mayer attempts to set the record straight here. As though violating privacy of Apple users was not enough for Google, now Microsoft (MSFT) accuses Google of bypassing privacy settings of Internet Explorer users. Dean Hachamovitch, corporate vice president of Microsoft describes Google’s conduct in detail here, noting, “Google is employing similar methods to get around the default privacy protections in IE and track IE users with cookies.” President Obama has

APPLE AND THE ASTUTE INVESTOR

February 25, 2012

Love is blind, and so are some Apple AAPL -0.08% investors. If the comments on my last article are an indication, some investors’ love for Apple is so strong that they have discarded time-tested investment principles. Lovesick investors probably cannot be helped, but astute investors may use this article as an opportunity to reflect on their Apple investment. I have been a mega-bull on Apple since the low 100s and have said before that it has the potential to go to $1000. However, being a mega-bull does not mean discarding some of the sound principles that are programmed into our adaptive algorithms. Adaptive algorithms