The Arora Report

April 9, 2016

WEEKLY MARKET DIGEST: MOMO CROWD MOVING GOLD AND STOCKS BASED ON MISTAKEN BELIEF ABOUT YEN, RAISING CASH LEVEL $DIA $GLD $QQQ $SLV $SPY $USO

WEEKLY MARKET DIGEST: MOMO CROWD MOVING GOLD AND STOCKS BASED ON MISTAKEN BELIEF ABOUT YEN, RAISING CASH LEVEL $DIA $GLD $QQQ $SLV $SPY $TBF $TBT $USO

(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 TO GAIN AS YEN RALLY STOPS AND OIL MOVES UP

April 8, 2016

This is what you need to know today.

At least temporarily, stocks are set to gain as yen rally stops and oil moves up.

It appears that incessant selling in Japanese stocks by dollar based investors has exhausted itself. Japanese stocks rallied overnight. This has reduced buying of yen to take off hedges. Yen retreated overnight.

Oil is rallying on short covering ahead of the weekend.

… Please click here or the title below to read more.

April 9, 2016