The Arora Report

September 15, 2020

DIGGING BELOW THE SURFACE SHOWS WEAKNESS IN THE STOCK MARKET $NVDA $SFTBY $DJIA $SPX $NDX $QQQ $GLD $SLV $USO $SPY

This post was published yesterday in The Arora Report paid services.

To gain an edge, this is what you need to know now.

Under The Surface

On the surface stocks, especially momo stocks, are being aggressively bought. However, under the surface, there is weakness relative to the aggressive buying that occurred in August. Let’s explore it with the help of a chart.

Please click here for an annotated chart of NVIDIA (NVDA).

Note the following:

NVDA is one of the largest semiconductor stocks in the world.
NVDA is one of the favored momo stocks.
NVDA has announced that it is buying ARM from SFTBY of Japan.

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

September 15, 2020

A NEW IDEA ON SUMO LOGIC IPO $SUMO

This post was just published on ZYX Buy Change Alert.

Sumo Logic (SUMO) is a new IPO that is likely to start trading this week. The company is a provider of cloud based real time analytics software. This is a call to get up to 70% 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.

September 15, 2020