February 9, 2024

146% GAIN ON SPORTS BETTING COMPANY DKNG — RECORD SUPER BOWL BETTING EXPECTED

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.

DraftKings (DKNG) is long from $17.74. It is trading at $43.62 as of this writing. This represents a profit of 146%.

The Super Bowl is ahead this weekend. Record Super Bowl betting is expected.

The target zone is being raised to $63 – $68.

What To Do Now

For tracking purposes, the stock will continue to be held. … Please click here or the title below to read more.

February 9, 2024

REVISED CPI DATA BRINGS BUYERS INTO STOCK MARKET, HOPES OF WHALES DRIVING BITCOIN TO $50K OVER THE WEEKEND

By Nigam Arora & Dr. Natasha Arora

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

Revised CPI

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:

The chart shows the revised CPI data brought in buyers to the stock market.
The chart shows that volume continues to be low. This indicates that so far there is lack of conviction in the move. However, this can change very quickly.
The stock market has been eagerly waiting for CPI revisions as there have been times in the past when such revisions caused major moves in the stock market.

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

February 9, 2024