CONSUMER BUYING BINGE CONTINUES

By Nigam Arora & Dr. Natasha Arora

Buying Binge

Please click here for a chart of  S&P 500 ETF () which represents the benchmark stock market index S&P 500 ().

Note the following:

  • The chart shows the stock market is hovering near the channel low band.
  • The chart shows that the market is no longer overbought.
  • Investors need to pay attention to consumer behavior because the U. S. economy is 70% consumer-based.
  • The consumer buying binge continues for the time being even though consumers have a lot of apprehensions about inflation. Consumers are willing to pay higher prices.
  • October Retail Sales came at 1.7% vs. 1.2% consensus.
    Retail Sales Ex-auto came at 1.7% vs. 0.9% consensus.

Rents Surge

Rents for single-family homes surged 10.2% in September year over year. This is clear evidence that the Fed’s policies are beginning to hurt working people. The Fed uses the ruse of helping the low-income people to justify its money printing and zero interest rates.

Bitcoin

Bitcoin is selling off as Marathon Digital () received a subpoena for violations of securities laws.

Momo Crowd And Smart Money In Stocks

The momo crowd is 🔒 (To see the locked content, please take a 30 day free trial) stocks in the early trade.  Smart money is 🔒.

Gold

The momo crowd is 🔒  gold in the early trade.  Smart money is 🔒.

For longer-term, please see gold and silver ratings.

Oil

The momo crowd is 🔒  oil in the early trade.  Smart money is 🔒.

For longer-term, please see oil ratings.

Markets

Our very, very short-term early stock market indicator is 🔒.  This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades.

Interest rates are ticking up and bonds are ticking down.

The dollar is stronger.

Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens.

Gold futures are at $1873, silver futures are at $25.35, and oil futures are at $81.34.

S&P 500 futures resistance levels are 4713  and 4900: support levels are 4600, 4460, and 4400.

 futures are up 51 points.

Protection Bands and What To Do Now?

It is important for investors to look ahead and not in the rearview mirror.

Consider continuing to hold existing positions. Based on individual risk preference, consider holding 🔒 in cash or treasury bills or short-term bond funds or allocated to short-term tactical trades, and short to medium-term hedges of 🔒,  and short term hedges of 🔒.  This is a good way to protect yourself and participate in the upside at the same time.

You can determine your protection bands by adding cash to hedges.  The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.  If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.

It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.  When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.  High beta stocks are the ones that move more than the market.

To take a free 30-day trial to paid services to gain access to more opportunities, please click here.

This post was just published on ZYX Buy Change Alert.

Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 2% of the content from our paid services. …TO RECEIVE REMAINING 98% INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES, TAKE A FREE
TRIAL TO PAID SERVICES.

Please click here to take advantage of a FREE 30 day trial.

Nigam Arora

Nigam Arora

Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing.

Dr. Natasha Arora

Dr. Natasha Arora

Dr. Natasha Arora has significant expertise in investment analysis especially biotech, healthcare, and technology. Natasha is a graduate of Harvard Medical School followed by a postdoc at MIT. She has published several peer reviewed research papers in top science journals.

Related Posts

STOCK MARKET JUST TRACED AN UGLY ‘OUTSIDE DAY,’ WHAT DOES IT MEAN?

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. An Ugly Outside ...

HEAVY MOMO BUYING ON THE SECOND CASE AND TRIPLE REINFECTION RISK

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Heavy Buying Please click here for ...

MOMO WHIPSAWED ON FIRST OMICRON CASE

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. First Omicron Case Please ...

POWELL CHANGES COLORS — TIME TO CHANGE YOUR INVESTMENT POSTURE

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Powell Changes Colors Please click ...

MOMO GURUS SPOOKED THAT POWELL NOT RUSHING TO HELP THEM

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Momo Gurus Spooked Please click ...

RECENCY BIAS AMONG INVESTORS TRUMPS FRANKENSTEIN MUTATION — POWELL TO THE RESCUE

By Nigam Arora & Dr. Natasha Arora LAST DAY: CAPTURE IMMENSE GAINS SUCH AS 2670% — THANKSGIVING SALE — DOUBLE BONUS: ...

TECH TOP IF POWELL CHANGES HIS COLORS, SPR OIL RELEASE

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Powell Colors Please click ...

STOCK MARKET CELEBRATES POWELL RENOMINATION

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Powell Renomination Please ...

WEEKLY STOCK MARKET DIGEST: BIDEN FED ANNOUNCEMENT IMMINENT — POURING GASOLINE ON THE FIRE

By Nigam Arora & Dr. Natasha Arora Weekly Digest from The Arora Report is popular among serious investors and money managers ...

STAMPEDE IN TECH AND MOMO STOCKS, MOMO IGNORES CLARIDA

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Clarida Ignored   Please click ...

NEGATIVE REAL YIELD DRIVING STOCKS HIGHER

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Negative Yield Please click ...

WEEKLY STOCK MARKET DIGEST: HIGHEST INFLATION SINCE 1990 — GOLD JUMPS

By Nigam Arora & Dr. Natasha Arora Weekly Digest from The Arora Report is popular among serious investors and money managers ...

MOMO GURUS TURN INFLATION ON ITS HEAD TO MAKE IT A REASON TO BUY STOCKS

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Turn On Its ...

MOMO BECOMES DOUBLY AGGRESSIVE IN THE FACE OF GRAVE HARD DATA

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Buying In The ...

BUFFETT’S CASH HOLDINGS HIT A RECORD $149 BILLION — WHAT DOES BUFFETT KNOW?

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. What Does Buffett ...

WEEKLY STOCK MARKET DIGEST: HAS GOLD PERMANENTLY LOST ITS LUSTER TO BITCOIN?

By Nigam Arora & Dr. Natasha Arora Weekly Digest from The Arora Report is popular among serious investors and money managers ...

POSITIVE FACTORS CONVERGE TO INFLATE THE STOCK MARKET BUBBLE

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Inflating The Bubble Please click ...

FED IN LA-LA LAND – MOMO CELEBRATES BY BUYING STOCKS

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Taper Please click here ...

MOMO BUYING AHEAD OF FED DECISION

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Momo Buying Please click here for ...

MOMO BUYS BUT SMART MONEY KNOWS ABOUT SHELL GAMES

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Shell Games Please click ...

Follow

Get every new post delivered to your Inbox

Join other followers