Market Blog » The Arora Report Stock Market News

IMMUNOGEN (IMGN): WHAT TO DO NOW

September 26, 2011

ImmunoGen (IMGN ) stock has moved up sharply on the news that T-DM1 produced by ImmunoGen improved survival in patients suffering from HER2-Positive Metastatic Breast Cancer. T-DM1 contains DM1 cancer cell killing agent produced by ImmunoGen attached to an HER-2 targeting antibody. This development is mostly already in the stock price of ImmunoGen. If and when six screens of the ZYX Change Method are satisfied, we will issue a buy signal on the Real Time Feed of the ZYX Buy Change Alert.

FREESCALE SEMICONDUCTOR (FSL): WHAT TO DO NOW

September 26, 2011

Freescale Semiconductor (FSL) reduced its Q3 revenue guidance. Freescale now projects $1.13 – $1.15 billion compared to consensus of $1.19 billion. Our analysis shows that this short fall is more likely company specific although Freescale in its statement blamed industry demand. If and when six screens of the ZYX Change Method are satisfied, we will issue a buy signal on the Real Time Feed of the ZYX Buy Change Alert.

TAKEN MORE PROFITS ON SILVER (SI) (SLV)

September 26, 2011

Taken profits on our silver futures short position at $28.15 equivalent in silver ETF (SLV) is $30.80.

TAKING MORE PROFITS ON PAN AMERICAN SILVER (PAAS)

September 23, 2011

Taking profits on Pan American Silver (PAAS) right here at $27.30.

TAKING PROFITS ON SILVER (SI), (SLV)

September 23, 2011

Congratulations to those who participated in the silver (SLV) trade. We have taken profits and exited this trade now with silver futures at $32.40 with the exception of 3 contracts. Equivalent on the silver ETF SLV is $31.55.

TAKING PROFITS ON GLD

September 23, 2011

Congratulations to those who participated in the (GLD) trade. This is now time to take profits on the final tranche and exit the trade. We are exiting the trade at $163.76. Although we have been taking profits along the way, it is worth noting that our highest short was from $185.05.

TAKING MORE PROFITS ON SILVER (SI), (SLV)

September 22, 2011

Taking more profits on silver futures (SI) at $35.75. Equivalent on silver ETF (SLV) is $34.75.

ADDED TO ADOBE SYSTEMS (ADBE)

September 22, 2011

Added to Adobe Systems (ADBE) at $24.07. Those not in the stock, but are aggressive investors willing to endure a loss may consider initiating a small scale in here. Due to market volatility, we will be trading without a stop.