The Arora Report

April 13, 2018

TAKE MORE PARTIAL PROFITS ON DROPBOX $DBX

This post was just published on ZYX Buy Change Alert.

DBX started out with 100% of full core position size. So far profits have been taken in three tranches on 50% of the position as high as $34. Today DBX is dropping and trading at $30.08 as of this writing. The reason for the drop is that an analyst has set a $21 target. On a fundamental basis, the analysis of this analyst is sound and very similar to the analysis of The Arora Report. However this analyst cannot see the forest for the trees. This is a momentum driven market.

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

April 13, 2018

UPDATE ON JPMORGAN AND CITIGROUP AFTER EARNINGS $JPM $C

This post was just published on ZYX Buy Change Alert.

Signal(s) to enter, add, reduce, exit, hold or change.

JPMorgan (JPM) stock is long from $34.14. It is trading at $110.88 as of this writing.

Citigroup ( C)stock is long from $33.80. It is trading at $70.57 as of this writing.

JPM and C reported earnings better than consensus and whisper numbers. JPM stock traded as high as $115.15 and C stock traded as high as $73.38 after earnings.

As of this writing bank stocks are experiencing a ‘sell the news’ reaction. Such a reaction is quite common. Professionals who bought these stocks in anticipation of good earnings over the last couple of weeks for short term trades, sold into the strength.

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

April 13, 2018

SIX GOOD REASONS FOR INVESTORS TO CONSIDER BUYING BANK STOCKS RIGHT NOW $BAC $JPM $C $WFC $AMZN $MU $FB $NFLX

Stock market volatility presents opportunities to buy stocks or ETFs on a dip in prices.

Many investors have been focused on buying popular technology stocks such as Amazon AMZN, Facebook FB, and Netflix NFLX. In our analysis at The Arora Report, banks are likely one of the leaders in the next up leg and present lower risk than technology stocks.

There are six good reasons for investors to consider buying bank stocks now. Let’s explore that idea, starting with a chart.

Chart

Please click here for an annotated chart of Bank of America BAC, stock. Similar observations can be drawn from the charts of J.P.… Please click here or the title below to read more.

April 13, 2018