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OMNIVISION (OVTI) SLUMPS ON WEAK OUTLOOK ON LOSS OF APPLE (AAPL) BUSINESS TO SONY (SNE)

November 29, 2011

OmniVision ( OVTI) is a premier manufacturer of sensors for cameras. Earlier this month, OmniVision had warned of cut backs in orders from certain key projects. It has been speculated that the cut back is from Apple (AAPL) in favor of Sony (SNE). For the January quarter, OmniVision sees revenues of $160 – $180 million compared to consensus of $201 million. OmniVision also projects earnings of $0.05 – $0.17 below the consensus of $0.26. Tax selling may further exacerbate the downside. If and when six screens of the ZYX Change Method are satisfied, we

MORE EVIDENCE APPLE (AAPL) TO MAKE BILLIONS FROM GOOGLE (GOOG) ANDROID

November 29, 2011

After the passing of Steve Jobs, investors face uncertainty in shares of Apple (AAPL). Will the stock next hit $100 or $1,000? This article is the seventh in a series, ‘œThe Future of Apple,’ designed to give investors appropriate insights on the future of the iconic company. A three-year old touched the TV screen, tried to scroll with one finger and then tried to zoom a part of the screen with two fingers. Touches of the child had no effect. The child yelled, ‘˜’Daddy, TV is broken, it does not work.’ Now that most of us are used

HAPPY THANKSGIVING

November 24, 2011

NVIDIA (NVDA) KICKS AMD (AMD) OUT OF APPLE (AAPL)

November 21, 2011

Nvidia (NVDA) has kicked out AMD (AMD ) from Apple (AAPL) MacBooks. Previously AMD had kicked Nvidia out of MacBooks. It appears that Apple is playing the game to get the best pricing. There does not seem to be any performance issues with AMD or Nvidia. Nvidia stock is strong on the news, however, the news is not material. GPU sales from Nvidia to Apple may be only in the range of $50 million. If Nvidia continues to move up, it may form a good short. If and when six

WHY I’M BUYING CHEVRON (CVX) AND TRANSOCEAN (RIG) BECAUSE OF THE BRAZILIAN SPILL

November 21, 2011

Headlines yelled, Big Oil Spill Off Brazil. Complete with satellite images, reports of cover up by a super major oil giant Chevron (CVX), big police investigation, a rig by Transocean (RIG), and message boards abuzz with a spill bigger than the BP (BP) spill in the Gulf of Mexico, the media had a juicy story. Conspiracy theorists were delighted to see market value of Chevron drop by about $17 billion. Quick trigger fingers at large institutions went along for a ride by rapidly selling Chevron stock in large quantities before even asking a question. The chart shows the

INTERDIGITAL (IDCC) PATENTS NOT ATTRACTING HIGH INTEREST

November 20, 2011

InterDigital (IDCC) possess a considerable amount of intellectual property. When Motorola Mobility (MMI) was bought by Google (GOOG) , there developed considerable excitement in the market about patents. InterDigital put itself up for sale. InterDigital wanted to strike while the iron was hot. Iron has cooled and InterDigital has not yet struck. InterDigital has been actively shopping itself. Absence of a deal is not because of effort. For strategic reasons , Google overpaid for the patents. It appears that InterDigital is not finding a strategic buyer willing to pay a price at par with recent patent sales. A strategic

BLAME THE IMF FOR THE BIG DROP IN GOLD

November 18, 2011

ETFs mentioned in this article include GLD, IAU, SLV, DGP, UGL, and AGQ. Gold fell $54 Thursday. Most gurus were expecting gold to go up due to increasing instability in Europe. Spain conducted a dreadful bond auction, in which it was forced to pay 6.975%, just shy of the 7% benchmark. Interest rate of 7% is considered unsustainable. Bid-to-cover ratio was 1.5 compared to 1.8 last month for a similar bond. The lower the bid-to- cover ratio, lower the investor demand. The worst part of the Spanish auction was that the government was not able to sell all

TIME TO TAKE PARTIAL PROFITS ON WESTERN DIGITAL (WDC)

November 17, 2011

On our Western Digital (WDC) position we are lowering the stops on a 5% tranche to $25.32 and another 5% tranche at $25.36. Also taking profits on a 15% tranche at $25.20. In these volatile times when we have a quick profit like we have on Western Digital, it is best to realize the profits.