Proven Track Record of Most Accurate Analysis
Proven Track Record
of Most Accurate Analysis
Consider another add to GLD right here at $169.85. Those not in GLD may initiate a very small position here. Significantly more information is provided in Real Time to paying subscribers of The Arora Report.
Adding a 5% tranche to GLD at$168.92. Fed Chairman Ben Bernanke says Fed won’t seek higher inflation to boost jobs in the Senate hearing. This is consistent with last Fed statement after the FOMC meeting. Of course, this statement will not change the behavior of mom and pop momo crowd because they dismiss any and all data that does not conform to their view that the world is going to hell in a handbasket. Therefore caution is warranted by building the position slowly Significantly more information is provided in Real Time to paying subscribers of The Arora
The U.S. Department of Labor just reported employment numbers for January. This number is known as ‘œmother of all numbers.’ January nonfarm private payrolls increased by 257,000 vs. 168,000 consensus. There are several components to this number, but our models focus on nonfarm private payrolls. The number was a blowout on the positive side. This means the U.S. economy is improving strongly, and makes it highly unlikely for QE3 to occur this quarter. By any rational school of thought and analysis, this is a negative development for gold and silver. So what do gold and silver do? They immediately jump
We often trade gold ETF GLD and silver ETF SLV. These ETFs are not available in some international markets. However, different gold and silver ETFs are available in most markets. Please consider ETFs that trade in your market with the following two characteristics: the highest volume ETF and the smallest spread between bid and ask. Full size futures contracts are suitable only for large accounts. The reason behind this is our methodology to scale in and scale out. Some markets, including the United States have mini or micro futures contracts available. Usually these contracts exhibit wide bid ask spreads. However
MRO has been a long term position. Our reason for buying was that considerable value could be unlocked if MRO went to spin off its refining operations. Well, it worked out just the way we predicted. MRO spun off its refining operations. The new refiner has been trading under the symbol MPC. We received shares of MPC in the spin off. We have already taken profits on MPC. It is time to take profits and exit this position. This has turned out to be a very profitable long term position. Now there are better opportunities elsewhere. It is time to
The U.S. Department of Labor just reported employment numbers for January. This number is known as ‘Mother of all numbers’. January non-farm private payrolls increased by 257k vs 168k consensus. There are several components to this number, but our models focus on non-farm private payrolls. The number was a blow out on the positive side. This means U.S. economy is improving strongly. This number makes it highly unlikely for QE3 to occur in February. By any rational school of thought and analysis this is a negative development for gold and silver. What do gold and silver do? They jump up.
Adding a 5% tranche to GLD right here at $170.98.
Gap Stores (GPS) has long been an under performing retail stock. Finally, there is hard data that GPS may be turning around. GPS has just announced that it sees Q4 EPS of $0.41 -$0.42 vs consensus of $0.25. In 2012, GPS faces easy revenue and margin comparisons. merchandise in the store is improving. Please do not chase the stock as it is likely to gap up. It is best to wait for a pull back into the buy zone. Buy zone is $18.26 to $19.83. Stop zone is $16.26 to $17.73. Target zone is $25 to $26.