HEDGES ARE PROFITABLE, SEMICONDUCTORS STABILIZING AFTER 17% DROP
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Hedges Are Profitable
There have been several hedges put on to protect large profits that The Arora Report members currently have. Hedges are now profitable. It is time to book partial profits on some hedges. There will be a separate post. Also, there is a change to the protection band. Please see the protection band section below.
Semiconductors Stabilizing After 17% Drop
Please click here for a chart of semiconductor ETF (SMH).
Note the following:
- Historically, semiconductors are the leading sector. Often semiconductors move first and then the rest of the market follows.
April 23, 2024