(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) SHORT COVERING BEFORE THE LONG WEEKEND, GOLD MOVES HIGHER January 17, 2014 Expect a fair amount of short covering before the long weekend. Short covering
This post was just published on ZYX Short Change Alert. Consider adding a 5% tranche to SPY in the zone of $184.20 to $185.20. SPY is trading at $184.24 as of this writing. Please consider keeping the quantity small as the plan is to build the position slowly.
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) WHY IGNORE THE SHOCKING EMPLOYMENT DATA January 10, 2014 This morning the Department of Labor released shocking employment data. December unemployment rate fell to 6.7%
As new-year pension money pours in, the stock market is screaming higher today. The true test will be when the very short-term oversold condition is relieved. In spite of today’s rally, the first three days have a major significance that investors should pay attention to. On the first day of
There is an overabundance of predictions about investing in 2014. The predictions range from those made by market scholars who have spent most of their lives studying markets to those not yet humbled by the markets. A very intelligent investor I know put in a lot of effort to develop
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) STOCKS STABILIZE, GOLD HOLDING THE RALLY January 3, 2014 As expected, stocks sold off yesterday. This morning expect a rally attempt. A lot of new money
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) SANTA CLAUS RALLY CONTINUES BUT VERY OVERBOUGHT, GOLD TRYING TO RALLY December 27, 2013 The Santa Claus rally is continuing but the stock market is very overbought. Gold is trying
This post was just published on ZYX Short Change Alert. As the Santa Claus rally continues the stock market is getting very overbought in the very short-term. Early next year S&P 500 may head towards 2000 but sooner or later a major correction is in the cards. Earnings momentum continues to decelerate and
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) GDP ESTIMATE ROCKETS UP BUT INTEREST RATES FALL, GOLD BELOW $1200 December 20, 2013 Q3 GDP – third estimate rockets up to 4.1% vs consensus of
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) HOUSE PASSES BUDGET, INFLATION UNDER CONTROL, SENTIMENT OVERLY POSITIVE December 13, 2013 The House passed the budget deal; this is causing mild optimism in the stock market.