Market Blog » The Arora Report Stock Market News

UPDATE ON S&P 500 SPY $SPY

February 28, 2013

This post was just published on ZYX Short Change Alert. SPY is very overbought, but still has the potential to run to $155. It is at $152.10 as of this writing. Currently 25% of the full core position size is being held. What To Do Now? Those in the position may continue to hold and consider adding in 10% increments in the zone of $153.30 to $155 but not to exceed 55% of the full core position size Those not in the position may consider starting a 10% tranche right here and continue to slowly build up to 55% of the full core

SAMSUNG IMITATES APPLE PASSBOOK WITH NEW WALLET APP WITHOUT NFC

February 27, 2013

It is said that imitation is the sincerest form of flattery. Apple’s Passbook app has a new fan in Samsung. At Mobile World Congress in Barcelona, Samsung introduced its new Wallet app. The preliminary details show that the Wallet app imitates Passbook in several respects. Apple’s Passbook app allows users to handle mobile payments and to store movie tickets, coupons and other items. No NFC NFC stands for Near Field Communication. If a device is equipped with an NFC chip, the device can have an app to support a tap-to-pay feature. Apple devices do not support NFC. I am not privy to Apple’s thinking on the

CHINA’S HUAWEI SPEEDILY ASCENDS TO TAKE ON APPLE AND SAMSUNG

February 27, 2013

At the annual Mobile World Congress in Barcelona, Huawei introduced the world’s fastest smartphone. Most Americans have never heard of Huawei. Huawei is no small fry; it is a large Chinese company. Its principal business is networking and telecommunications equipment. It has overtaken Ericsson to become the largest telecommunications equipment manufacturer in the world. It is also aggressively competing with Cisco in networking equipment. It employees 140,000 people and operates in 140 countries. Huawei is new to smartphones but has made great strides. In smartphones, Huawei’s bread and butter has been providing white-label products to service providers. According to the research firm IDC, in the

FIREFOX OS TURNING UP HEAT ON APPLE AND GOOGLE

February 26, 2013

The Boot to Gecko project (B2G) being developed by the Mozilla Foundation is now ready to challenge Apple and Google’s dominance of mobile devices. Mozilla Foundation is a not-for-profit entity that is the producer of the popular Firefox browser. Mozilla Foundation also has a tax-paying subsidiary called Mozilla Corporation. B2G Firefox OS B2G is a Linux based open source operating system (OS) for mobile devices. It is slated to be released this summer under the name Firefox OS. This is the culmination of the project announced by Dr. Andreas Gal on July 25, 2011 to make open Web technologies a foundation for future applications for

STOCK MARKET TRACES DANGEROUS PATTERN $SPY $GLD $SLV $AAPL $TLT

February 26, 2013

The stock market has been overbought for a while, and overbought markets can be vulnerable. Usually there is an excuse in the form of bad news that runs the overbought market down to alleviate the overbought condition. Monday was no exception. The bad news was that in Italy, Berlusconi garnered more votes than expected. He is seen as a threat to the austerity implemented by Mario Monti. In somewhat of a response to the news, the DJIA fell 216 points. In the process of falling, the stock market traced a dangerous technical pattern known as an “outside day,” which you can see on the chart linked

CHANGE IN TENANT HEALTH TARGET POST EARNINGS, TAKE MORE PARTIAL PROFITS $THC

February 26, 2013

This post was just published on ZYX Buy Change Alert. The position is long with an average price of $20.40. Currently, 40% of the full core position size is being held. Profits have been taken as high as $39.26. THC confirms FY13 adjusted EBITDA view $1.325B-$1.425B. THC also reports Q4 continuing ops EPS 52c, consensus 68c; Q4 revenue $2.33B, consensus $2.34B. THC sees Q1 adjusted EBITDA $250M-$290M. This outlook excludes any contribution related to the managed care portion of the 30 month California Provider Fee program, which is now expected to contribute $53M to adjusted EBITDA in the quarter ending

SAMSUNG MAKES PLAY AGAINST APPLE, BLACKBERRY WITH KNOX

February 26, 2013

In a major strategic move, Samsung has announced an end-to-end security solution for mobile devices for the enterprise. The solution is appropriately named KNOX. KNOX appears to be the Fort Knox of mobile security in an enterprise. The best way to understand KNOX is to break it down into two components. Platform Security Platform security includes a secure boot that allows only authorized software to run on a device. The platform also incorporates a secure version of Android developed by the National Agency. Further, an ARM TrustZone-based Integrity Measurement Architecture is implemented to continuously monitor the integrity of the Linux kernel. If there is a

APPLE PATENT FOR SOLAR WATCH COULD FIRE UP STOCK AGAIN $AAPL

February 22, 2013

Apple application 20130044215, filed with the U. S. Patent and Trademark Office (USPTO), is the best evidence so far as to how iWatch may look and work. It appears Apple is abandoning the traditional style watch in favor of a bracelet. The bracelet may have two parts, a touch sensitive flexible display and a solar power collector. The diagram illustrates Apple’s concept. “A wearable accessory device is disclosed,” says the abstract of Apple’s application filed with USPTO. “The wearable accessory device includes a flexible display coupled to a bi-stable spring. Coupling the display to the bi-stable spring allows the accessory device to