POWERSHARES (QQQ):EXITING THIS MORNINGS TRANCHE
August 8, 2011
Exited this morning’s tranche of PowerShares QQQ (QQQ) at $52.52.
Proven Track Record of Most Accurate Analysis
Proven Track Record
of Most Accurate Analysis
Exited this morning’s tranche of PowerShares QQQ (QQQ) at $52.52.
Added a 20% tranche to PowerShares QQQ (QQQ) at $52.22.
….Correct Information About The Law Here is what the law is: While S&P cut the long-term rating, it reaffirmed the short-term rating for the US at the top A-1+ level. This means money market funds will not be forced to sell US Treasuries. Most banks in the United States are regulated by the Federal Reserve Bank. The Federal Reserve has issued a crystal clear statement that there is no change in the risk weighting of US Treasuries. This means that the banks will not be forced to sell US Treasuries. Most insurance companies in the United States are governed by
Standard & Poor’s (S&P) has just downgraded U.S. credit rating to AA+ from AAA. S&P analysis can be found here. THis dongrade presents investment opportunities in SLV, GLD, TBT, TBF, TLT, SPY and QQQ. S&P Analysis Here is an overview of the analysis by S&P: We have lowered our long-term sovereign credit rating on the UnitedStates of America to ‘AA+’ from ‘ AAA’ and affirmed the ‘A-1+’ short-term rating. We have also removed both the short- and long-term ratings fromCreditWatch negative. The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls
Added a 20% tranche on PowerShares QQQ (QQQ) at $53.11.
We are taking profits and closing our Silver (SLV) position right here at $37.82. WE are also taking partial profits on our silver futures position at $38.85.
Zipcar (ZIP) reports Q2 loss of $0.17 per share vs. loss of $0.14 consensus. Zipcar revenues rose 33.9% year/year to $61.6 mln vs the $59.4 mln consensus. Zipcar issues upside guidance for Q3, sees Q3 revs of $67-69 mln vs. $66 mln consensus Estimate. Zipcar also issues upside guidance for FY11, sees FY11 revs of $240-244 mln vs. $235.mln consensus. Zipcar said, “Our strong second quarter performance underscores the business momentum we have established based on solid execution and the benefits associated with our first mover advantage… Our commitment to a superior member experience and continued
This post on Silicon Image (SIMG) is reproduced ffrom a recent entry in ZYX Buy Change Alert Real Time Feed. We are long Silicon Image with an average price of $2.55. We are holding 50% of the full core position size in Silicon Image. We have previously taken profits with an average price of $8.30. Silicon Image is a leader in MHL. MHL is a high-definition audio and video interface that can stream 1080p digital video and up to 8 channel digital audio, transforming the newest mobile devices into portable media powerhouses, while providing