Steve Jobs Resigns As CEO Of Apple, Tim Cook Named CEO
To the Apple Board of Directors and the Apple Community...NQ Dropping On Steve Jobs Announcement, Down 18 From Close
The market is not taking the Steve Jobs news well for now.With 181 Hedge Fund Holders, Apple Is The Most Widely Held "Smart Money" Stock
As the following update from Goldman's David Kostin demonstrates, after dropping to third place with 173 hedge funds owning AAPL (behind Microsoft at 181 and Citigroup at 178) as of March 31, the company that Steve Jobs built was back at the very top of hedge fund holdings with 181 hedge funds holding on to AAPL. The question is what will they do tomorrow and will the first game theory defection bring an end to the fairytale story?Harvey Organ Wednesday, August
Massive Raid on silver and Gold:
Harvey Organ at Harvey Organ's - The Daily Gold and Silver Report - 1 hour ago
Good
evening Ladies and Gentlemen:
The bankers again decided in their great wisdom that a raid was
necessary to quell the demand for gold and silver. The world awaits Ben
Bernanke's speech from Jackson Hole Wy. The market strongly believes
that he will initiate QEIII. If he does not, then markets will tank.
The fact that a monster raid on the precious metals with regulatory
cover wasHUI once again retreats below 580
Trader Dan at Trader Dan's Market Views - 1 hour ago
Watching this game being played by the shorts in the mining shares as they
attempt to extricate themselves from their rather tenuous short positions in
the shares is shaping up to be mighty entertaining.
On Monday of this week, the mining sector finally blasted through the
stubborn line of resistance that has formed on its price chart near the 580
level. It ran right through the 600 level and almost as high as 610 before
settling near the high of the session. All in all, very bullish chart
action. Yesterday it moved lower along with the gold and silver markets but
bounced off the 58... more »
Silver Chart
Trader Dan at Trader Dan's Market Views - 1 hour ago
Silver was whacked along with gold in today's session as technical selling
kicked in after the takedown began once it appeared that the run to $44
would fail to build on its gains. After $42 gave way, selling accelerated as
down side stops were run which were helped along by the frontrunning High
Frequency Trading club ( also known as market parasites and general pond
scum).
The market did bounce higher from the $39 level however and while it still
looks heavy, the level from which it bounced is the confluence of three
technical support levels on the chart. The first is horizontal s... more »
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