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BUYING OPPORTUNITY IN SOUTH AFRICA, DATA SHOWS ECONOMIC CONTRACTION, BOTH STOCK MARKET BULLS AND BEARS FRUSTRATED WITH THE PRICE ACTION

December 2, 2022

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Economic Contraction Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows when PCE was reported. PCE is the Fed’s favorite inflation gauge. Headline PCE was better than the consensus, but Core PCE was in line with the consensus. At the same time, weekly jobless claims, personal income, and personal spending were reported. These numbers showed the consumers are very strong and the jobs picture remains

NASDAQ UP OVER 3% AS MISLEADING MOMO GURU NARRATIVE TAKES HOLD

December 1, 2022

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Misleading Narrative Takes Hold Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows when ADP data and GDP data were released. Please read the Morning Capsule for details. The chart shows when JOLTS data was released. JOLTS shows 10.334M job openings. The chart shows when the text of Powell’s speech was released. The chart shows that the stock market took off on Powell’s speech. At the peak, NASDAQ was up

KUO SPOILS MOMO CROWD’S RALLY ATTEMPT AHEAD OF POWELL

November 30, 2022

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Kuo Apple Comment Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The all important Powell speech is tomorrow. As is their pattern, the momo gurus have been promoting a narrative ahead of Powell’s speech to run up the stock market. Their narrative is that Powell would talk about slowing interest rate hikes. This narrative influences the momo crowd to buy stocks but not prudent investors. Prudent investors know that the Fed has already raised rates by a

U.S. ACCUSED OF WAR PROFITEERING, HONG KONG STOCKS UP 5% ON A RUMOR

November 29, 2022

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. War Profiteering Please click here for a chart of oil ETF USO. Note the following: The chart compares oil ETF USO with oil and gas exploration and production ETF XOP. Historically, oil and oil stocks move together. The chart shows a glaring divergence. For the period shown on the chart, oil stocks have done 22% better than oil. Investors should always pay attention to glaring divergences such as the one shown on the chart. OPEC+ is meeting this Sunday. It appears that Saudi Arabia continues to

POTENTIAL CHINA OPPORTUNITY AHEAD, POWELL SPEECH AND JOBS REPORT

November 28, 2022

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. China Opportunity Please click here for a chart of China Large-Cap ETF FXI. Note the following: Protests are erupting all across China against the zero-COVID policy. Some protestors are calling for the resignation of President Xi. The China Communist Party (CCP) tightly controls the public and such protests against the zero-COVID policy are unprecedented. Nobody should be under the delusion that CCP will not crush the protests by force if they spread. Remember Tiananmen Square – in 1989 CCP sent the People’s Liberation

HAPPY THANKSGIVING

November 24, 2022

May the warm glow of goodness surround you on this holiday. Stay blessed, Nigam

HOLIDAY WEEK LOW LIQUIDITY HELPING PUSH STOCKS HIGHER IN SPITE OF RISING CHINA CONCERNS

November 22, 2022

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Low Liquidity Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows that the stock market is consolidating in no man’s land in between zones marked as support/resistance zone and resistance zone. Momo gurus are pumping the narrative that there will be a sharp break to the upside from the consolidation. RSI on the chart shows the market is slightly over bought, but the pattern is that of a rally. This is a holiday week. Senior

OPTIMISM OVER DISNEY AND SEASONALITY BUT NEWS FROM CHINA DISAPPOINTS

November 21, 2022

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Dollar Strengthens Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The weakness in the dollar was one of the main reasons driving the U.S. stock market higher. Please click here to see the chart of dollar ETF UUP. For the sake of full transparency, this is exactly the same chart that was published in the Morning Capsule on November 11 without any changes. For details, please read the Morning Capsule