Market Blog » The Arora Report Stock Market News

TAKE PARTIAL PROFITS ON HOME BUILDER KB HOMES $KBH

March 10, 2017

This post was just published on ZYX Buy Change Alert. KBH is long from an average price of $16.15. As of this writing KBH is trading at $18.84. 55% of the full core position size is being held. Consider taking profits on a 15% tranche in the zone of $18.38 to $19.88. As a reminder while trying to scale out at a higher price, consider a stop for this tranche right under the lower band of the target zone. Consider holding the remaining 40%. Very long-term target remains $24 to $28. You are receiving less than 2% of the content from

WILL OIL FALL 40% AND TAKE STOCK MARKET DOWN WITH IT? $WFT $RDS.B $MRO $XLE $XOM $CVX $HES $VLO $UWT $DWT $USO

March 9, 2017

After oil prices fell to below $49 a barrel for the first time this year, the prospect of a decline of 40% is plausible, with a probability of about 20% according to the proven adaptive ZYX Allocation Model. Such a decrease would have the potential to take the stock market down with it. Please note that this is in sharp contrast to my strongly bearish calls on oil when it was at $108 a barrel. I stayed bearish all the way down to $26, before turning neutral at $29. Let’s start by looking at the long-term chart of oil. (Please

TRUMP’S ‘OBAMACARE LITE’ PRESENTS OPPORTUNITIES AND PERILS FOR INVESTORS $XBI $MDT $BSX $EW $CYH $THC $PFE $JNJ $MRK $BMY $TEVA $MYL

March 8, 2017

Republicans have finally produced a detailed plan to repeal and replace the Affordable Care Act, also known as Obamacare. Setting aside politics and viewing the plan neutrally, two things jump out. First, the House Republicans’ plan keeps the basic framework of Obamacare. No wonder some are calling it “Obamacare Lite.” Second, the cost is unknown, and therefore it’s difficult to know how it will be paid for. Also unknown: the number of people affected. Other details: The individual mandate to buy insurance would be replaced with penalties that insurance companies can impose; subsidies would be replaced with refundable tax credits;

UPDATE ON RITE AID $RAD $WBA

March 8, 2017

This post was just published on ZYX Buy Change Alert. Profits have been taken on RAD on all but 10% of the full core position size. There is speculation that FTC is not planning on making a quick decision on RAD buyout by WBA. Please understand that this is just speculation and not authoritative. RAD buyout can still happen at $7 per share although the risks are high. The stock has dipped into the stop zone. We are lowering the stop zone on the remaining 10% position to $4.38 to $4.43 for those still holding. If holding a larger quantity, consider reducing the

UPDATE ON BIOTECH BEAR ETF LABD FOR AGGRESSIVE INVESTORS ONLY $LABD

March 8, 2017

This post was just published on ZYX Buy Change Alert. Please see the Morning Capsule for Trump Cummings meeting. Trump also stated that he is going to curb high drug prices in his address before the Congress. The market does not believe Trump and they keep on running pharmaceutical and biotech stocks on the belief that Trump will not succeed and drug prices will continue to go up. This inverse ETF will go up if biotech and drug stocks fall. This ETF is leveraged and can move in a wide range. For this reason, consider reducing the recommended position size if it does not

3 DEADLY MISTAKES AFTER TRUMP CLAIMS HE WAS WIRETAPPED BY OBAMA $AMD $AMZN $AAPL $BAC $BMY $FCX $JPM $MRK $NVDA $UAL $X $SNAP $SPY

March 7, 2017

President Trump’s tweet accusing his predecessor of wiretapping him during the campaign — followed by Barack Obama’s denial — has created a highly sensitive subject for many people. With this type of allegation flying around, investors must be pragmatic and review the hard data without a political lens. This is happening at a time when the stock market is vulnerable in the short term, as illustrated by the annotated chart of S&P 500 ETF SPY, (Please click here for the annotated chart.) The negative signals include relative strength indicator (RSI) divergences from the price action, RSI rolling over from an

76% GAIN ON NASDAQ ETF QLD, TAKE PROFITS AND EXIT THE POSITION $QLD $QQQ $SPY

March 6, 2017

This post was just published on ZYX Global Multi Asset Allocation Alert. QLD is long from an average price of $59. As of this writing it is trading at $104.03. This is a prime example of having patiently waited to buy at the right price and now selling it into strength at nice gains. The exit zone is $103.48 to $105.73. If you want to keep it simple, you may consider exiting right here. On the other hand if you want to squeeze in potentially more juice, then scale out but put a stop right under the low band of the exit zone.

TYSON FALLS ON BIRD FLU REPORT $TSN

March 6, 2017

This post was just published on ZYX Short Sell Change Alert. There is a long-term short position in TSN. The stock is falling on report of bird flu at one of its farms. Consider taking partial profits on a 20% tranche of the full core position size in the zone of $59 to $61.88. Consider continuing the hold the remaining. The long-term target remains $38 to $45. The new short zone is $64 to $71. You are receiving less than 2% of the content from our paid services …TO RECEIVE REMAINING 98%, TAKE A FREE TRIAL TO PAID SERVICES. Please click