The Arora Report

October 21, 2016

WEEKLY MARKET DIGEST: MIXED EARNINGS, NEW HARD ASSET CYCLE, NIGERIA CUTS OIL PRICES $DIA $GLD $QQQ $SLV $SPY $TBF $TBT $USO

Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers of The Arora Report.

Please scroll down for the section What To Do Now.

EURO BREAKS, NIGERIA CUTS OIL PRICES AND MIXED EARNINGS

October 21, 2016

This is what you need to know today.

Euro Breaks

This morning euro hit the lowest level against dollar since March breaking below $1.09 support.

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October 21, 2016

INTELLIGENCE ON MICROSOFT $MSFT

This post was just published on ZYX Buy Change Alert.

There is a potential for a short to medium term trade here. On the fundamental side, MSFT reported better than expected earnings. On the technical side it is breaking out to an all time new high. This trade is suitable only for those with experience with short-term trades. If you take this trade, consider a stop below $56.73 and a potential target of $65 to $66. The stock is trading at $60.02 as of this writing.

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October 21, 2016