INTEL reports earnings next week. Commentary from the Wall Street is almost universally positive. In the middle of this bullishness, our screens, especially fund flows, show that the smart money is selling into strength. If the earnings are good, the probability is that the good earnings are the result of
Consider start scaling in a short position in MDT right here at $36.20. MDT had passed all of our screens for a short sale, but we had been waiting for a trigger that the market pays attention to before entering the trade. Patience in entering short sales is especially important
According to WSJ $BRCD has put itself up for sale. $BRCD is not only synergistic but can also be strategic to a number of large technology players. A potential acquisition is likely to be north of $11.50. Consider accumulating $BRCD on dips. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE
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
Take partial profits on $CLZ9 right here at $68.80 and keep tight stops on the rest. 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
Short sold $CLZ9, oil futures, per the last post at $71.02. Added this morning at $70.30. Keep tight stops. 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
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
Stops hit on CLZ9 at $69.65. As we indicated yesterday, it was a very short term trade and we managed it successfully , almost perfectly. Our thesis has not changed and will look to reenter the trade on spikes up with tight stop www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF
We have additional shorts on CLZ9 from 71. 70 and 71.44. Now CLZ9 is at 69.69. If you went with UCO , you should have additional shorts from $11.65 and 11.45. Consider tightening stops to lock in profits www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD
Oil has moved higher today while our fund flow analysis still leans toward the short side. Moreover dollar is stronger. Consider continuing to scale in short positions on spikes up, but keep tight stops. The other impetus for rise in oil today is pessimism surrounding nuclear talks with Iran. It