
MASSIVE SHORT SQUEEZE LEADS STOCK MARKET TO NEW HIGHS – HERE IS WHAT IS AHEAD, SEMIS ARE A TELL
By Nigam Arora

To gain an edge, this is what you need to know today.
Watch Semiconductors
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 that the stock market has hit a new high and is now right at the magnet.
- In The Arora Report analysis, the biggest driver of the rally yesterday was a massive short squeeze.
- The magnet shown on the chart will temporarily act as resistance.
- Here is the key question for investors: What is next? To answer the question, start with Arora’s Second Law of Investing and Trading, which states, “Nobody knows with certainty what is going to happen next in the markets.”