Market Blog » The Arora Report Stock Market News

SHORT SQUEEZE IN THE STOCK MARKET AHEAD OF BAD WEEKEND HEADLINES

November 14, 2020

To gain an edge, this is what you need to know now. Stock Market Mechanics Please click here for a chart of S&P 500 ETF (SPY) which represents stock market benchmark index (SPX). Note the following: Real bad headlines are expected about the virus over the weekend. The buying today is not just the momo crowd but also a short squeeze. The momo crowd is buying in anticipation of more bad virus news. The momo crowd is a believer in the theory that the worse the virus gets, the higher the stock market will go. In this morning’s Morning Capsule

STOCK MARKET SENTIMENT TURNS VERY POSITIVE IN THE FACE OF DARK VIRUS DAYS AHEAD

November 13, 2020

To gain an edge, this is what you need to know today. Sentiment Is Important Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows that sentiment has turned very positive. Sentiment is important and all prudent investors should pay attention to it. When sentiment turns very positive, not only momo crowd becomes more aggressive, the FOMO (fear of missing out) crowd jumps in. The most important use of sentiment is that it is a contrary indicator at the extremes. In plain English, this means that when sentiment turns extremely positive, it is a

OVER 60% PROFITS ON DATA MINING COMPANY PALANTIR

November 12, 2020

Palantir (PLTR) has become a new momo favorite stock. It has jumped over the last week on heavy momo buying. Momo is aggressively buying the stock in the premarket. PLTR is trading at $16.37 as of this writing in the premarket. The company will report earnings after the close today. The momo crowd is making wild predictions about great earnings that will be released. In reality, the company is very secretive with a lot of government contracts. There is not any legally obtained information that would conclusively provide the reason behind over 60% move ahead of the earnings. Those

PRUDENT INVESTORS PAY ATTENTION TO POTENTIAL TRIPLE TOP IN TECH STOCKS

November 11, 2020

To gain an edge, this is what you need to know today. Potential Triple Top Concern Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows a potential triple top. The chart shows that yesterday on good news about the vaccine, Nasdaq was rejected right at the resistance line. This is a negative. The chart shows that yesterday after the rejection, Nasdaq closed near its lows. This is a negative. The chart shows that Nasdaq is gapping down. This is a negative. Nasdaq is gapping down while Dow Jones Industrial Average (DJIA) futures

SPIRIT AEROSYSTEMS HOLDINGS: OVER 60% GAIN ON THIS AEROSPACE COMPANY IN A SHORT TIME

November 10, 2020

Spirit AeroSystems Holdings (SPR) signal was given on October 16. The average price based on scaling in per the Trade Management Guidelines is about $18.20. It is trading at $29.28 as of this writing. Consider taking partial profits on a 10% tranche in the zone of $28.58 to $31.43. Raising the target on the remaining to $36 to $43. There is potential for the target to be raised further. A special note for new subscribers: In ZYX Method, it is important to always be booking some gains while letting some gains run. The market is likely to be volatile. Unrealized

TAKE PROFITS ON MARVELL TECHNOLOGY AND EXIT THE POSITION

November 9, 2020

The semiconductor company Marvell Technology Group (MRVL) was bought at $35.33 eight trading days ago. Partial profits have already been taken. MRVL traded as high as $45.82 on Friday. The low band of the medium-term target was $46. Since the gains happened in a very short time, consider taking profits in the zone of $42.75 to $46 and exit the position. Consider entering it again if it dips into the buy zone. This post was just published on ZYX Buy Change Alert. A knowledgeable investor would have turned $100,000 into over $1,000,000 with the help from The Arora Report. NOW YOU TOO

VERY EFFECTIVE COVID-19 VACCINE — HERE IS THE GAME PLAN FOR PRUDENT INVESTORS NOW

November 9, 2020

To gain an edge, this is what you need to know today. Reduce Cash And Hedges Both cash and hedge levels are being reduced. It is best to make the transition in several steps — some now and more on the dips. Vaccine Vaccine data from Pfizer (PFE) and BioNTech (BNTX) has shown 90% efficacy. FDA has been willing to approve efficacy of 50%. Most expectations have been for efficacy of less than 70% The news is much better than expected. Many hurdles still remain. Breakout Above The Magnet Please click here for a chart of S&P 500 ETF (SPY)

NEW BUY ZONES ON 39 STOCKS — WITH BUY ZONES YOU COULD HAVE DOUBLED YOUR MONEY IN APPLE IN FOUR MONTHS

November 8, 2020

Buy zones are very powerful. When a stock dips into the buy zone you buy it. If you were following the buy zones, you could have more than doubled your money in Apple (AAPL) stock. Earlier in 2020, Apple dipped into the buy zone as low as $53.01. Since then Apple stock has traded as high as $137.98. This represents a return of 160% in a matter of months. With the help of buy zones, you could have bought Microsoft (MSFT) stock as low as $132.52 . Since then Microsoft stock has traded as high as $232.86. Please click here