January 23, 2025

DIRECTION OF STOCK MARKET DEPENDS UPON TRUMP’S SPEECH, MUSK THROWS COLD WATER ON AI STARGATE

By Nigam Arora & Dr. Natasha Arora

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

Trump Key To Market

Please click here for a chart of semiconductor ETF (SMH).

Note the following:

  • The chart shows yesterday semiconductor stocks attempted to break above the micro resistance zone on Stargate excitement.
  • The chart shows semiconductor stocks have pulled back to the top of the micro resistance zone.
  • Musk is throwing cold water on Stargate, claiming Stargate does not have enough money.
  • As members of The Arora Report, you knew in advance to be skeptical.  We wrote in yesterday’s Morning Capsule:

In The Arora Report analysis, the headline of $500B for Stargate may turn out to be a mirage. 

Please click here or the title below to read more.
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