Market took off today after much better than expected consumer confidence. Our analysis shows massive short covering. Prior to the number, most active professionals were positioned short and they were trapped after the number. We put more stock in personal spending numbers. It will be interesting to see if the
Based on new information, we are reversing our earlier buy signal. Consider sell of entire position right here around $7.02. 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,
Consider scale in buy KEF (Korea Equity fund) around $6.90 per prior post 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
Recent US market rally, in part, is based on growth projections from China’s stimulus. Our analysis of the data from China indicates that stimulus induced Chinese growth may be faltering. If our analysis is correct, US market may also falter. If US market starts faltering, consider short selling Chinese market.
Sentiment in Asia is that this is another gambit on part of North Korea and should have no long term effect. Aggressive investors were buying on dip. The sentiment is an important factor to be considered in any trade per the last post. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF
When the markets open in US tomorrow, there may be opportunities arising out of North Korea’s nuclear test. There will be directional opportunities as well as arbitrage opportunities. If there is over reaction on the downside,this will be an opportunity to buy. If there is very little reaction, there will
Based on our earlier sell short signal on 5/20/09 spike up, our methodology sold short BUCY with average short sell price at $26.2. Consider taking profits on half position right here around $23.8 and tight stop on rest. This is 9.1% return in two days and annualized return of 1630%.
Based on our earlier sell short signal on 5/20/09 spike up, our methodology sold short JOYG with average short sell price at $32.60 . Consider taking profits on half position right here around $29.20 and tight stop on rest. This is 10.4% return in two days and annualized return of
JOYG and BUCY have spiked up today on speculation that India will buy more of their coal mining equipment. There is no sound basis for this speculation. We do not anticipate these two companies gaining much larger revenues from India any time soon. Watch these two stocks for spikes up
Indian market is up 17% in the wake of unexpectedly large victory for the Congress Party. Most experts predicted congress coalition to win 210 seats but they won 260 seats just 14 seats short of majority. Consider lightly selling and taking some profits on spikes up and tightening stops on