The Arora Report

July 13, 2018

ETF MADNESS, UPDATE ON JPMORGAN AND CITIGROUP AFTER EARNINGS $JPM $C

This post was just published on ZYX Buy Change Alert.

ETF madness is on display. In spite of good earnings from banks, bank ETFs are being sold on flattening yield curve.

JPMorgan (JPM) is long from $34.14. It is trading at $107.53 as of this writing.

Citigroup (C ) is long from $33.80. It is trading at $67.02 as of this writing.

JPM and C reported earnings better than consensus but in line with whisper numbers.

As of this writing bank stocks are seeing selling because of ETF madness. 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.

July 13, 2018

A NEW IDEA ON BLOOM ENERGY IPO $BE

This post was just published on ZYX Buy Change Alert.

Bloom Energy (BE) is a new IPO that is likely to start trading in the near future. The company is a provide of solid oxide fuel cell power generators. This is a call to get up to 50% of the full core position size in the IPO. Many of our subscribers who are ultra wealthy and money managers are able to get this IPO. However if you are trading with a discount broker or do not have already established connections, you are not likely to get this IPO.

Consider stops in the zone of $0.03 to $0.17 below the IPO price.

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

July 13, 2018