The Arora Report

May 4, 2018

PAY ATTENTION TO THE DEVELOPING PATTERN IN THE MOST POPULAR MARKET TIMING INDICATOR $SPY $QQQ $IWM $DJIA

The most popular timing indicator in the U.S. stock market is the 200-day moving average.

The indicator derives its power not from anything innate in the stock market, but from the legions of investors who believe in it. It often becomes a self-fulfilling prophecy.

Investors ought to pay attention to a developing pattern. Let’s explore with a chart.

Chart

Please click here for an annotated chart of S&P 500 ETF SPY. Similar patterns can be observed in the charts of Dow Jones Industrial Average DJIA, Nasdaq 100 ETF QQQ, and small-cap ETF IWM. Please observe the following from the chart:

• The chart shows the overshoot the stock market experienced.… Please click here or the title below to read more.

May 4, 2018

TAKE PROFITS ON CARBON BLACK AND EXIT THE POSITION $CBLK

This post was just published on ZYX Buy Change Alert.

Carbon Black stock (CBLK) is from $19. Preliminary opening indication is $25 to $26. Consider exiting the entire position in the zone of $25 to $29.73. Consider taking profits in tranches of one-quarter of the position each. Move the stops to $23.38 to $24.43 and consider putting stops also in one-quarter tranches in the stop zone.

A knowledgeable investor would have turned $100,000 into over $1,000,000 with the help from The Arora Report. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT.… Please click here or the title below to read more.

May 4, 2018