TAKING PARTIAL PROFITS ON GLD (GLD)
We are taking partial profits on GLD right here $178.75 on a 5% tranche.
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The Arora Report, Ltd. is a rare publisher that does not accept advertisements. This way The Arora Report can not be influenced. The Arora Report also does not accept payments from any company that is the subject of the posts. The Arora Report has forsaken millions of dollars in revenues to avoid conflicts of interest. Our sole job is to help you. Read more.
The Arora Report, Ltd. is a rare publisher that does not accept advertisements. This way The Arora Report can not be influenced. The Arora Report also does not accept payments from any company that is the subject of the posts. The Arora Report has forsaken millions of dollars in revenues to avoid conflicts of interest. Our sole job is to help you. Read more.
We are taking partial profits on GLD right here $178.75 on a 5% tranche.
Added a 5% tranche to Deutsche Bank (DB) at $28.66. Deutsche Bank is perhaps the most hated bank in the world. From a sentiment point of view, when something is most hated, it is usually the time to buy. Based on our analysis, Deutsche Bank can easily handle a Greek sovereign default. At this price, a Greek default is more than priced in. However, if the contagion spreads and there are defaults in Portugal, Spain, Italy and Ireland, then this call will be wrong.
Change the stop on PowerShares QQQ (QQQ) to $53.08.
We are initiating a stop on the entire PowerShares QQQ (QQQ) postion at $53.17.
We are initiating a 5% tranche on Deutsche Bank (DB) at $31.39. This is a very lon- term position. Deutsche Bank is the largest German bank. Please see prior entry. German stocks are being slaughtered on a report that Germany is taking steps to protect its banks against a Greek default. BUY WHEN THERE IS BLOOD IN THE STREETS. It is getting close in some European stocks.