Market Blog » The Arora Report Stock Market News

‘SMART MONEY’ SELLING APPLE

September 20, 2012

Every Apple (AAPL) bull should read ‘Lopsidedly bullish consensus on Apple’ by Mark Hulbert. Although Hulbert’s article is about bullish consensus on Apple, he hints at two more important points. First, sooner or later Apple stock will top. Second, Wall Street analysts are not likely to tell you that Apple stock has topped. Hulbert is spot on. Nobody rings a bell at the top. One of the most important principles underlying the ZYX Change Method is that no one knows with certainty what is going to happen next in the markets; this has come to be known by some as Nigam’s

MOM AND POP SCORE WITH APPLE AFTER IPHONE 5 HOOPLA

September 18, 2012

The normal routine in the stock market is that professional traders and hedge funds profit at the expense of mom and pop. This time, in the case of Apple (AAPL) the tables have been turned. Professionals have been caught with their pants down to the benefit of mom and pop. Traditionally, Apple stock has a pattern of running into a product announcement and under-performing for about 30 days after the product announcement. Professionals tend to prepare well in advance to profit from this pattern. They start building positions well in advance of a product announcement, sell on the news of

ONLINE SEMINAR: GOLD AND SILVER POST QE3

September 17, 2012

At the tail end of our online seminar GOLD AND SILVER POST QE3, there is a video of Bernanke explaining QE3. Some subscribers have reported that they can not hear Bernanke. The video here is an alternate place to watch the tail end of the seminar. We highly recommend that those interested in gold and silver attend the online seminar first before watching Bernanke explain QE3

CANCEL LOWE’S (LOW) OPEN ORDERS

September 14, 2012

This post was just published on ZYX Buy Change Alert LOW still has not filled and is hitting our time stop. Consider cancelling all open orders. This recommendation is now withdrawn because of no fill.

CONTINUATION OF HPQ TRADE

September 14, 2012

This post was just published on ZYX Short Sell Change Alert The starter 5% position had the stop hit, but it makes a lot of sense to continue with this trade. Consider a 10% tranche short in HPQ in the range of $19.73 to $20.17. Stop zone is $21.26 to $21.63. Target remains $16 to $16.50.

WEEKLY MARKET DATA: AMERICAN AMBASSADOR KILLED

September 14, 2012

(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) CONSUMER PRICES WELL BEHAVED September 14, 2012 Core CPI came at 0.1% compared to consensus of 0.2%. Of course some people do not believe government statistics on inflation, but that is another story. In view of QE3, it is important to keep a close eye on the following three economic number in the United States: Core CPI Core PPI GDP Price Deflator GDP Price Deflator is the most important indicator of inflation and has a high weight in our models. Gold futures

TAKE PARTIAL PROFITS ON THC

September 14, 2012

This post was just published on ZYX Buy Change Alert Consider taking profits on a 10% tranche of THC right here in the zone of $5.65 to $6.00. This is a long-term position; our positive thesis has not changed. this exit is simply to lighten-up a little bit as the market is over bought. This is also consistent with our method of always continue to book some profits. After this sale 90% of the full core position will still be held.

PROFITS ON UNH

September 14, 2012

This post was just published on ZYX Short Sell Change Alert Those who did not take profits and exit UNH around $54.35 may consider taking profits right here around $53.92 and exit the position. At this point the trade is complete. Please consider cancelling all unfilled orders.