The Arora Report

December 2, 2020

TAKE MORE PARTIAL PROFITS ON DATA WAREHOUSING COMPANY SNOWFLAKE

ZYX Method calls for booking some profits on an ongoing basis while letting partial positions run when appropriate. It is important to understand that unrealized profits can quickly disappear.

It is time to take more partial profits on data warehousing company Snowflake (SNOW). SNOW is trading at $301.45 as of this writing. Consider taking profits on a 10% tranche in the zone of $298 to $309. today ahead of the earnings. Earnings represent a risk event. Consider continuing to hold the remaining 45% of full core position size.

Please see Trade Management Guidelines to learn about full core position size.

This post was just published on ZYX Buy Change Alert.… Please click here or the title below to read more.

December 2, 2020

VACCINE APPROVED IN U. K. — A VERY PROFITABLE SHORT TERM TRADE ON THE VACCINE STOCK MODERNA

The big news is that the vaccine from Pfizer (PFE) and BioNTech (BNTX) has been approved in the U. K.

The vaccine is providing many long term investment opportunities and many short term trading opportunities.

The Chart

Please click here for a chart of vaccine maker Moderna (MRNA).

Note the following:

As the chart shows, in the morning Moderna stock was running up like crazy. The talking was that the stock was going over $200.
In the middle of that bullishness, The Arora Report gave a signal not only to sell the long position but to short sell Moderna stock.
The chart shows that the Arora sell signal was right at the top.

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

December 2, 2020