August 15, 2024

NIKE STOCK RUNNING UP – SHOULD YOU BUY?

By Nigam Arora & Dr. Natasha Arora

The Arora Report system combines the best of letting the profits run and also booking profits along the way. It is common for unrealized profits to disappear quickly.

There are nice profits on the recently added NKE position.

Reason For The Run

NKE stock is running for two reasons:

After the big move in SBUX on the CEO change, there is rampant speculation that NKE will also have a CEO change.
A hedge fund took a position in NKE.

Zones

For those following the Good Way, the Buy Now rating is *** (To see the locked content, please take a 30 day free trial).… Please click here or the title below to read more.

August 15, 2024

THREE NEW PIECES OF DATA TRIGGER AGGRESSIVE BUYING IN NVIDIA AND AI STOCKS

By Nigam Arora & Dr. Natasha Arora

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

Strong Data

Please click here for a chart of Walmart stock (WMT).

Note the following:

The Morning Capsule is about the big picture, not an individual stock. The chart of WMT stock is being used to illustrate the point.
Three news pieces of data have triggered aggressive buying in Nvidia (NVDA) and AI stocks.
The three new pieces of data are:
- Walmart earnings
- Jobless claims
- Retail sales
Investors are building position in NVDA stock ahead of earnings on August 28. As NVDA stock goes higher, it brings along other AI stocks.

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

August 15, 2024