Market Blog » The Arora Report Stock Market News

EXITING $AVAV (AEROVIRONMENT) WITH PROFIT

February 20, 2010

We are buying to cover $AVAV. Friday’s closing price is $25.33. Our original short was based on the thesis that drone business has become more competitive and margins are declining while the Wall Street stays enamored with the apparent sexiness of drones killing terrorists. FY2011 defense budget submission creates more uncertainties for $AVAV. Based alone on its defense business, we would have stayed short on the stock. However, based on the hype surrounding home charging stations for LEAF electric car from Nissan, it is prudent to take advantage of recent sell off and cover the position. Earlier, we took advantage

UPDATE ON OPEN INDIVIDUAL STOCK POSITIONS

February 20, 2010

We are exiting $BCRX and $AVAV; please see separate posts for the reasons. We are short on $ACOR with average price of $30.28. Our thesis has not changed in that Ampyra is not a very good drug, although Wall Street has termed it a blockbuster drug. . In the short term, the bulls may be right. For the first time MS patients with difficulty in walking have hope. MS patients, in general tend to be very knowledgeable about new drugs and as such they are likely to demand that neurologists prescribe Ampyra. Anecdotal evidence supports that neurologists will initially cede

SHORT SELL ON $ABX (BARRICK GOLD)

February 18, 2010

Consider short sell on $ABX with scale ins right here at $39.45. Stop zone over $41.16. With IMF sales of gold looming and dollar getting stronger, macro picture is not favorable in the very short term. After earnings this morning the stock is technically overbought. There was nothing in the earnings to prompt the run we are seeing. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every closed trade since 2007, without exception, is included in the performance results. Number of winning positions:

WE WILL ADD TO US JUNK BOND ALLOCATION ON DIPS

February 17, 2010

Our Multi-Asset Global Allocation Model has been 20% long on US junk bonds since Oct 26, 2009. We have also been 10% long on US Senior Bank Loans. This allocation has not only contributed high single digits yield bu, but also capital gains. Senior Bank Loans have provided 15% capital gains over this period of less than four months. Recently, some of the capital gains on high yield bonds have been lost. According to Lipper, last week nearly $1 billion was withdrawn from US funds that hold high yield bonds. Spreads from US treasuries have widened by more than 100

EXIT $NVDA WITH PROFIT RIGHT HERE AT $17.01

January 15, 2010

www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every closed trade since 2007, without exception, is included in the performance results. Number of winning positions: 162 Number of losing positions: 10 Average annualized % return per position: 296.77% ………………Check out details .