LATECOMERS BUYING POPULAR STOCKS, BITCOIN FLIES

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Latecomers

Please click here for a chart of  Nasdaq 100 ETF ().

Note the following:

  • The historical pattern is repeating again – latecomers are buying popular stocks ahead of earnings even though the overall market is coming under pressure in the early trade.
  • This week will see important earnings from the likes of AMD (AMD), Amazon (AMZN), Apple (AAPL), Alphabet (GOOG), Microsoft  (MSFT), and Tesla (TSLA).
  • Whisper numbers keep on going higher by the day.  Whisper numbers are the numbers that analysts share privately with their best clients.
  • The chart shows  is holding above micro support.
  • The chart shows RSI divergence continues. In plain English, this means that the price has gone higher, internal momentum has gone lower.  If it was not for the upcoming earnings, this RSI divergence would have been a major negative.
  • The future direction of the stock market will be mostly determined by the Fed’s policy and the earnings to be released this week.

Bitcoin

Bitcoin is seeing a major rally on a report that Amazon may start using bitcoin by the end of this year.  The report has also caused a vicious short squeeze.

Making For-Profit Education Non-Profit

China has confirmed that it is ordering for-profit education companies to become non-profit companies. This is sending shivers down the spine of foreign investors who have been pouring billions into Chinese for-profit education companies.

Momo Crowd And Smart Money In Stocks

The momo crowd is 🔒 (To see the locked content, please take a 30 day free trial)  stocks in the early trade.  Smart money is 🔒.

Gold

The momo crowd is 🔒 in gold in the early trade.  Smart money is 🔒.

For longer-term, please see gold and silver ratings.

Oil

The momo crowd is 🔒 oil in the early trade.  Smart money is 🔒.

For longer-term, please see oil ratings.

Markets

Our very, very short-term early stock market indicator is 🔒.  This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades.

Interest rates are ticking down and bonds are ticking up.

The dollar is weaker.

Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens.

Gold futures are at $1802, silver futures are at $25.30, and oil futures are $71.89.

S&P 500 futures resistance levels are 4400  and 4460: support levels are 4318, 4200, and 4000.

DJIA futures are down 107 points.

Protection Bands and What To Do Now?

It is important for investors to look ahead and not in the rearview mirror.

Consider continuing to hold existing positions. Based on individual risk preference, consider holding 🔒 in cash or treasury bills or short-term bond funds or allocated to short-term tactical trades, and short to medium-term hedges of 🔒, and short term hedges of 🔒. This is a good way to protect yourself and participate in the upside at the same time.

You can determine your protection bands by adding cash to hedges.  The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.  If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.

It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.  When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.  High beta stocks are the ones that move more than the market.

To take a free 30-day trial to paid services to gain access to more opportunities, please click here.

This post was just published on ZYX Buy Change Alert.

Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 2% of the content from our paid services. …TO RECEIVE REMAINING 98% INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES, TAKE A FREE
TRIAL TO PAID SERVICES.

Please click here to take advantage of a FREE 30 day trial.

Nigam Arora

Nigam Arora

Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing.

Dr. Natasha Arora

Dr. Natasha Arora

Dr. Natasha Arora has significant expertise in investment analysis especially biotech, healthcare, and technology. Natasha is a graduate of Harvard Medical School followed by a postdoc at MIT. She has published several peer reviewed research papers in top science journals.

Related Posts

WEEKLY STOCK MARKET DIGEST: CHINA DECLARES BITCOIN ILLEGAL, FED DRIVING MOMO STOCK BUYING

By Nigam Arora & Dr. Natasha Arora Weekly Digest from The Arora Report is popular among serious investors and money managers ...

MOMO CROWD BUYS STOCKS ON NO TAPER BUT BE CAREFUL – TAPER COMING IN NOVEMBER

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Taper Please click here for a ...

MOMO BUYS STOCKS ON HOPE OF RESCUE BY POWELL

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Hopes Of Rescue Please ...

MOMO’S GURUS IN THE STOCK MARKET BLAME EVERGRANDE ‘CRUSH ELON MUSK’ PLAN

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Contagion Please click here ...

WEEKLY STOCK MARKET DIGEST: MOMO BUYING STOCKS ON GURUS SENDING INFALLIBLE BUY SIGNALS

By Nigam Arora & Dr. Natasha Arora Weekly Digest from The Arora Report is popular among serious investors and money managers ...

MARKET MAKERS PICK THE POCKETS OF MOM AND POP

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Picking The Pockets Please click ...

PAY ATTENTION WHEN THE STOCK MARKET GETS WHAT IT WANTS BUT THE RALLY STILL FAILS

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. The Wise Maxim Please click ...

INFLATION STILL HIGH BUT SOME COMPONENTS COOLED

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Consumer Price Index Please ...

STOCK MARKET REBOUNDS ON HOUSE DEMOCRATS WANTING TO VIOLATE BIDEN’S PROMISE

By Nigam Arora & Dr. Natasha Arora House Democrats Please click here for a chart of  Nasdaq 100 ETF (QQQ). Note the following: The chart ...

WEEKLY STOCK MARKET DIGEST: BIG MONEY HIDING IN MEGA-CAP TECH STOCKS, BUYING BINGE TRANSFERS WEALTH TO CHINA

By Nigam Arora & Dr. Natasha Arora Weekly Digest from The Arora Report is popular among serious investors and money managers ...

MOMO SELLS APPLE STOCK ON LOSS TO EPIC – BUY IF IT DIPS IN THE BUY ZONE

By Nigam Arora & Dr. Natasha Arora Apple Loses To Epic Please click here for a chart of Apple (AAPL) stock. The ...

RALLY FAILS BUT BUYING UNDER THE SURFACE

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Rally Fails Please click here for ...

BUY ZONES ARE POWERFUL – 3000% RETURN – NEW BUY ZONES ON 42 POPULAR STOCKS

By Nigam Arora & Dr. Natasha Arora Billionaires Use This Technique Buy zones are very powerful.  This powerful technique is used by ...

FORD HIRES THE HEAD OF APPLE CAR PROJECT, 99% PROFIT

By Nigam Arora & Dr. Natasha Arora Signal(s) to enter, add, reduce, exit, hold or change. Please click here for a chart ...

INVESTOR OPTIMISM OVER AMERICAN BUYING BINGE FROM CHINA TEMPERED BY CONCERNS ABOUT MONEY PRINTING

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. American Buying Binge ...

DEADLINE NEAR: CAPTURE IMMENSE GAINS SUCH AS 2670% — LABOR DAY SALE — DOUBLE BONUS: ACT NOW TO GET FREE TRIALS

By Nigam Arora & Dr. Natasha Arora Immense Gains The best way for you to accelerate generating wealth and lower your risks ...

POWELL AND BIDEN GET FIG LEAVES TO PUMP MORE AIR IN THE STOCK MARKET

By Nigam Arora & Dr. Natasha Arora Weekly Digest from The Arora Report is popular among serious investors and money managers ...

CAPTURE IMMENSE GAINS SUCH AS 2670% — LABOR DAY SALE — DOUBLE BONUS: ACT NOW TO GET FREE TRIALS

By Nigam Arora & Dr. Natasha Arora Immense Gains The best way for you to accelerate generating wealth and lower your risks ...

MOTHER OF ALL NUMBERS AHEAD – STOCK MARKET POSITIONED TO PROFIT FROM BAD NEWS

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Pay Attention To ...

BRAZIL, RICH IN HARD ASSETS, SHOULD BE A GREAT INFLATION HEDGE

By Nigam Arora & Dr. Natasha Arora At this time, investors are searching far and wide for inflation hedges.  The reason ...

Follow

Get every new post delivered to your Inbox

Join other followers