Market Blog » The Arora Report Stock Market News

TAKING PARTIAL PROFITS ON SILGAN HOLDINGS (SLGN)

June 13, 2011

We are taking partial profits on Silgan Holdings (SLGN) right here at $41.38 in the pre market. Silgan Holdings had run up on proposed acquisition of Graham Packaging Company (GRM). Our average short price on Silgan Holdings is near the top of the swing. A few minutes ago Graham Packaging Company received a competing buyout offer. Theoretically, it should be a win, win situation for us if Silgan Holdings raises its bid, the stock should go down. If Silgan Holdings fails in the acquisition because it does not raise its bid the

TEXAS INSTRUMENTS (TXN) SWOON DUE TO NOKIA (NOK)

June 9, 2011

Texas Instruments (TXN) provided mid-quarter update after the close yesterday. First the stock swooned on lower projections but then bounced right back when Texas Instruments on the conference call stated that the short fall was due to Nokia (NOK). The analysis of the conference call shows that the business of Texas Instruments is stable. Texas Instruments can still beat estimates for the second half. We will provide an actionable signal on Texas Instruments in real-time on the ZYX Buy Change Alert when all six screens of the ZYX Change Method are met.

CAUTION NEEDED ON OUR MCDONALD’S CORP (MCD) TRADE-WE ARE EXITING

June 9, 2011

There were two immediate triggers to our McDonald’s (MCD) trade. First McDonald’s reported less than expected same store sales increase. Second in the premarket McDonald’s broke the support at $78.82, its 50 moving average. The macro picture is not favorable for a number of reasons. First McDonald’s is feeling the pinch of higher commodity costs, second McDonald’s is unable to increase prices to offset costs. Third the overall market has pulled back but McDonald’s shares are still near all time high. And fourth McDonald’s trades at 16 time forward earnings, which is a premium to

TAKING PARTIAL PROFITS ON MCDONALD’S

June 8, 2011

We are taking partial profits on McDonald’s (MCD) at $81.11.

LOWERING THE STOP ON MCDONALD’S (MCD)

June 8, 2011

We are lowering the stop zone on one-quarter of our McDonald’s Corp (MCD) position to $81.42 to $81.62

A VERY SHORT TERM NEW IDEA ON MCDONALD’S CORP (MCD)

June 8, 2011

McDonald’s Corp (MCD) reported below expectation same store sales. McDonald’s opened lower. Now McDonald’s is undergoing a massive short squeeze. We will start scaling in shorts on the exhaustion of current upspike. Please use your technical indicators to determine the exhaustion. Suggested entry zone is $81.20 to $82.50. Stop zone $82.61 to $83.26. Obviously the higher the entry the better. Target zone is $78. to $79.26. Those not experienced in determining exhaustion of an upspike may consider attending one of our coaching seminars on the subject. There is a waiting list.

TAKING PARTIAL PROFITS ON ULTA SALON, COSMETICS (ULTA)

June 8, 2011

We are taking partial profits on Ulta Salon (ULTA) right here at $53.31.

CIENA (CIEN) MAY SOON REACH A BUY ZONE

June 8, 2011

Ciena (CIEN) reported terrible earnings. Further analysis of the earnings report shows that the optical market is deteriorating. Ciena is down over $3.00 in the premarket. At The Arora Report, we were expecting this down draft in Ciena as is evidenced by our past writings. Our analysis shows that the optical business may soon reach a trough. When all six screens of the ZYX Change Method are meet, we will be looking to buy Ciena. Any actionable signal will be provided on the Real Time Feed of the ZYX Buy Change Alert.