Today Acorda Therapeutics (ACOR) reported earnings. Acorda stock has risen on hopes for blockbuster sales of its MS walking drug Ampyra. First the stock went higher, but started falling when investors realized that sales will drop next quarter. Our negative stance on Ampyra sales has proven right. Earlier in the year,
In anticipation of tomorrow’s launch of a Rare Earth ETF by Van Eck under the ticker symbol “REMX” Molycorp and Rare Earth Elements have strongly moved up. We will continue to take advantage of this up move by trading these two stocks in a manner described in the prior post to
www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every closed trade since 2007, without exception, is included in the performance results. Number of winning positions: 162 Number of losing positions: 10 Average annualized
Image via Wikipedia One simply needs to look at the float and the volume traded today to understand that the move up in $MCP and $REE is massive short squeeze. The trigger for today’s move up is the report that China may ban export of rare earth elements to Europe
www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every closed trade since 2007, without exception, is included in the performance results. Number of winning positions: 162 Number of losing positions: 10 Average annualized
On Apple’s conference call Steve Job stated that over 80% of Fortune 500 companies are running pilots for ultimate enterprise wide deployment of iPhone. This number is much higher than the expectations. $RIMM has been on our list to short and now we have the trigger event as required by
Our model is warning of a shallow correction. The accounts giving priority to low turnover may choose to do nothing, but aggressive accounts may consider hedging all long positions here. The least expensive ways to hedge are S&P 500 futures right here at 1177 VIX futures or VXX etf at
This gold trade illustrates that ZYX Change Method trade management guidelines work very well. We exited half the position on October 11 at $1330 at the first support. Then we lowered the stop on the rest. If gold had continued to go down, we would have kept lowering the stop.
www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every closed trade since 2007, without exception, is included in the performance results. Number of winning positions: 162 Number of losing positions: 10 Average annualized