The Arora Report

March 23, 2018

STOCK MARKET X-RAY AND WHAT TO DO WITH MICRON $MU $LRCX $WDC

This post was just published on ZYX Buy Change Alert.

To see the stock market x-ray, please click here.

Micron (MU) is long from $21.77. Micron stock is trading at $56 as of this writing. The company reported earnings in line with consensus but less than the whisper numbers.

Broadly speaking, the company produces two kinds of memory, DRAM and NAND. There are serious concerns about NAND pricing going forward.

Investors that want to keep close track of MU may consider watching WDC and LRCX. The reason for watching LRCX is that it provides equipment to manufacture NAND.

The reason for watching WDC is that it bought SNDK.

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

March 23, 2018

PAY ATTENTION TO THE X-RAY RESULTS OF THE STOCK MARKET $MU $BA $CAT $JPM $BAC $FB $AAPL $AMZN $SPY $QQQ $GOOG $ASHR $FXI $IWM

To understand a patient’s condition, a doctor may order an X-ray and other tests. An X-ray provides the doctor with information that would otherwise be difficult to accurately glean.

Given the volatility in the stock market, should investors be looking at the X-ray results of the market? If you answered “yes,” take a look at this chart.

The VUD indicator shown on the chart is akin to an X-ray of the market. The chart is of S&P 500 futures ESM8, Similar conclusions can be drawn from popular ETFs such as S&P 500 ETF SPY, Nasdaq 100 ETF QQQ, and small-cap ETF IWM.… Please click here or the title below to read more.

March 23, 2018

TAKE PARTIAL PROFITS ON DROPBOX $DBX

This post was just published on ZYX Buy Change Alert.

DBX is long from $21. Early indication is for DBX to open around $28. Consider taking profits on a 15% tranche at the open. Here are the profit taking zones for more tranches.

15% at $32. to $34.50

25% at $36 to $39.50

25% at $39.75 to $41.50

There is no target on the remaining 20% at this time.

Here are the stop zones.

On a 20% tranche $26 to $26.43.

20% at $25 to $25.43

30% at $24 to $24.43

30% at $23 to $23.43

A knowledgeable investor would have turned $100,000 into over $1,000,000 with the help from The Arora Report.… Please click here or the title below to read more.

March 23, 2018