Market Blog » The Arora Report Stock Market News

WEEKLY MARKET DIGEST: GOLD JUMPS ON CHARLES EVANS’ COMMENTS AND GOVERNMENT SHUT DOWN PROSPECTS $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT

September 27, 2013

(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) GOLD JUMPS ON CHARLES EVANS’ COMMENTS AND GOVERNMENT SHUT DOWN PROSPECTS September 27, 2013 Gold jumped this morning on comments by Chicago Fed President, Charles Evans, and government shut down prospects. The gold market is misinterpreting Evans’ comments. Evans was all over the place regarding taper; gold bulls simply picked up the bullish points and ignored the bearish points. The gold market is believing that there will be a government shut down, but a

TAKE PARTIAL PROFITS ON VANGUARD HEALTH SYSTEMS $VHS $THC

September 25, 2013

This post was just published on ZYX Buy Change Alert. VHS is being bought out by THC for $21 per share. Most subscribers have 35% + of the full core position size and are sitting on a nice unrealized gain. Now that the stock is trading at $20.98 as of this writing, it is time to take profits on all but 10% of the full core position size. The reason for holding on to a small position is just in case a higher offer emerges. Conservative investors may consider exiting the entire position because there is also a risk of problems

UPDATE ON KB HOMES $KBH

September 24, 2013

This post was just published on ZYX Buy Change Alert. KBH Reports Q3 (Aug) earnings of $0.28 per share, excluding a $0.7 mln non-recurring items, $0.07 better than the consensus estimate of $0.21; revenues rose 29.3% year/year to $549 mln vs the $570.37 mln consensus, with YoY rev growth in each of the Company’s homebuilding regions exceeding 25%. Homes delivered increased 6% from the third quarter of 2012 to 1,825 homes, representing the eighth consecutive quarter of YoY growth. The overall average selling price grew to $299,100, up $54,000 or 22% from the year-earlier quarter, extending the trend of year-over-year improvement

DIGGING DEEPER INTO BLOWOUT FIRST WEEKEND IPHONE SALES $AAPL

September 23, 2013

This morning Apple (AAPL) issued a press release with the title ‘First Weekend iPhone Sales Top Nine Million, Sets New Record.’ On the surface, every word in this title is true but digging deeper shows that the record may not be as good as it seems. The previous record was 5 million iPhone 5 phones sold over the opening weekend. Despite the big numbers, comparing the most recent launch with the prior launch of the iPhone 5 may result in some erroneously bullish conclusions. Here’s why. China iPhone 5 was released in nine countries: Australia, Canada, France, Germany, Hong

WEEKLY MARKET DIGEST: QUADRUPLE WITCHING, SELLING IN GOLD AND SILVER IN ASIA $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT

September 20, 2013

(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) QUADRUPLE WITCHING, SELLING IN GOLD AND SILVER IN ASIA September 20, 2013 Today is quadruple witching. Stock index futures, stock index options, stock options, and single stock futures expire today. Expect volatility. Significant selling is taking place in gold and silver in Asia. This is of note because bulls often cite demand for precious metals in Asia. Oil is falling and is now below key support of $106. Interest rates are steady. Gold futures are

TAKE PROFITS ON AGILENT IF STILL IN THE TRADE $A

September 19, 2013

This post was just published on ZYX Short Change Alert. As of this writing Agilent is at $51.08. Consider taking profits and exiting the trade if still holding Agilent (A). It is not a good idea to carry this trade into tomorrow.

THE FED AND THE MARKETS ARE CHASING THEIR TAILS $AGNC $ARR $KBH $NLY $TBF $TBT $UST $ITB $REM

September 19, 2013

Going into Wednesday’s Federal Open Market Committee (FOMC) policy statement, there was almost universal opinion that the Fed would taper. However, generally speaking, markets almost always have diverging opinions. In my 30 years in the markets, I have never seen such uniformity of opinion with as few dissenters as there were leading into this FOMC meeting. The Fed surprised the markets by not tapering. Stocks, bonds, gold, silver, and other commodities soared. The action of the markets confirms that the Fed’s decision to not taper was a big surprise. Two questions arise for investors here. First, how good are gurus’

ADOBE FINDS GOLD IN THE CLOUD $ADBE $AAPL $DB $CRM

September 19, 2013

Since 1982, when Adobe was founded in San Jose, Calif,. its design and publishing tools were sold as boxed software at retail or under perpetual licensing agreements. In 1989, Adobe introduced Photoshop which dominates the market for graphics editing. In 2005, Adobe acquired Macromedia whose popular products were Dreamweaver for Web development and Flash. In May of this year, Adobe caused a stir among its customer base by ending perpetual licensing and offering its products mostly as software as service under subscription plans coupled with a move to the cloud. There are several advantages of the software as service model