October 9, 2023

A DROP IN ISRAELI BASED AUTONOMOUS DRIVING CHIP MAKER MOBILEYE MAY BE A BUYING OPPORTUNITY

By Nigam Arora & Dr. Natasha Arora

Signal Limited is a Signal(s) with a great record in similar situations but does not meet all of the stringent criteria for a Signal.  Typically Signal Limited has higher risk-reward compared to a Signal over the short term. 

Attack On Israel

Please start out by reading the Morning Capsule for details.

Shares are falling because the company’s headquarters are located in Israel.

Autonomous Driving

MBLY makes chips for autonomous driving vehicles.  Here are the key points:

  • Its most important product line, EyeQ chips, are not manufactured in Israel.
  • There is some negative impact as some of its employees are called for military duty.
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STOCK MARKET BULLS PUT FAITH IN MARKET MECHANICS — BLOODSHED RUINS BIDEN SECURITY PLAN — THE CHOKE POINT

By Nigam Arora & Dr. Natasha Arora

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

Bloodshed

Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).

Note the following:

  • Over 1300 people have been killed in Israel and Gaza.  The bloodshed has broad implications for investors.
  • The chart shows that last week after touching the 200 day moving average market ran up to the top band of the prior top support zone.  The top support zone is now resistance.
  • Before the market ran up, the headline of Morning Capsule read: ‘BLOWOUT JOBS REPORT BUT EXPECT THE MOMO CROWD TO TRY TO RUN UP THE MARKET ON HOURLY EARNINGS’. 
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AI is power hungry. Investors will make a fortune from nuclear power for AI.
Get the list of 12 nuclear power stocks to grab your share of the profits.

AI is power hungry. Investors will make a fortune from nuclear power for AI.

Get the list of 12 nuclear power stocks to grab your share of the profits.

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