(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) SANTA CLAUS RALLY CONTINUES BUT VERY OVERBOUGHT, GOLD TRYING TO RALLY December 27, 2013 The Santa Claus rally is continuing but the stock market is very overbought. Gold is trying
This post was just published on ZYX Short Change Alert. As the Santa Claus rally continues the stock market is getting very overbought in the very short-term. Early next year S&P 500 may head towards 2000 but sooner or later a major correction is in the cards. Earnings momentum continues to decelerate and
This post was just published on ZYX Buy Change Alert. In response to the post yesterday, if bought TWTR around $60 for a very, very short-term trade, consider taking profits on it right here around $70. Continue to hold the long-term TWTR position.
Merry Christmas and Happy Holidays from all of us at The Arora Report. During the holidays, we will continue to monitor all of our positions and all major market developments. However, we will write posts only if necessary because we understand that most of our subscribers want
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) GDP ESTIMATE ROCKETS UP BUT INTEREST RATES FALL, GOLD BELOW $1200 December 20, 2013 Q3 GDP – third estimate rockets up to 4.1% vs consensus of
Wednesday was supposed to be the glory day for Apple. After seven years of negotiations, China Mobile was supposed to announce an agreement to carry Apple’s iPhone. So far, there is no announcement, but the announcement may come later. The real reason Apple is falling is not China Mobile, but
This post was just published on ZYX Short Change Alert. JCI is an automotive component manufacturer. Forward looking guidance from Ford this morning was below expectations. Consider scaling into a position up to 40% of the full core position size in the zone of $50 to $52.50. Stop zone is $53.26 to
It is time to take partial profits, especially on short-term trades on Apple AAPL and its supplier Avago. In the case of Apple, China Mobile CHL is likely to officially announce tomorrow that it will carry iPhone. In the case of Avago, it just almost doubled its size by acquiring LSI (LSI). Professionals often surround their long-term
On December 12, the Patently Apple AAPL website was first to report that Apple had filed for a restaurant-related patent. The stock market smelled what was cooking. The stock of Open Table, which specializes in restaurant reservations, fell from a high of $80.20 to a low of $74.65 before staging a mild recovery. In social
Rebalancing between bonds and cash at year-end is quite common. Traditionally some practitioners have suggested a higher proportion of bonds as an investor ages. A split of 60% for stocks and 40% for bonds is quite popular. In a year like 2013 when stocks have been up strongly, to maintain