To gain an edge, this is what you need to know now. Momo Buys Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The momo crowd is buying everything — stocks, gold and oil. In the very, very short term, they got technically oversold. When markets get oversold,
After a short at $16.32, The E. W. Scripps Company (SSP) rapidly fell into the target zone trading as low as $13.15 in the premarket. All subscribers should have taken full or partial profit. Those who are still holding partial quantity may consider moving the stop to the zone of
The E. W. Scripps Company (SSP) is buying ION Media. Buffett is helping SSP by making a $600 million preferred equity investment. However Buffett is getting very attractive terms that are not available to regular investors. The stock has jumped 56% to $16.31 in the premarket. The short zone is
Musk outlined an excellent vision at the ‘Battery Day.’ Here are the key points: Tesla (TSLA) says that silicone can store nine times more than lithium and graphite. In our analysis, Musk is right about storage but silicone currently has issues. These issues include cracks, loss of electrical contact and
The housing market is red hot. The hottest housing segment is starter homes and this is exactly where KBH is focused. KBH is long from $16.15. It has traded at $40.94 after earnings in the aftermarket. The Chart Please click here for a chart of KB Homes (KBH). Note
To gain an edge, this is what you need to know now. Momo Buys Please click here for a chart of Nasdaq 100 (QQQ). Note the following: The VUD indicator has turned green along with a move up in QQQ price after being solid orange earlier in the day. The VUD
Raise Cash Consider increasing cash on bounces. See ‘Protection Bands and What To Do Now?’ section below. The Chart Please click here for a chart of S&P 500 ETF (SPY). Note the following: During the rally, the price never touched the trendline. There is another downward push this morning. The
Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market
This post was published yesterday in The Arora Report paid services. To gain an edge, this is what you need to know now. Selling In ETFs Please click here for an annotated chart of Nasdaq 100 (QQQ). Note the following: There is selling in ETFs and futures. Selling is especially strong
This post was published yesterday in The Arora Report paid services. To gain an edge, this is what you need to know now. A Shift But Same Behavior The momo crowd and the analysts that support them have shifted from tech stocks to a different group of stocks but the behavior