Market Blog » The Arora Report Stock Market News

STREET’S EARNING ESTIMATES ON $AMGN (AMGEN) REMAIN TOO HIGH

July 9, 2009

We aggressively sold short $AMGN yesterday at $60.80 as per our plan in the earlier post. We take no issue with the positive trial results. Our issue is with the earning estimates of the street. Majority of $AMGN earnings come from anemia drugs. We continue to believe that these earnings will shrink at a more rapid pace than the new earnings from new drugs. We will maintain our short position on $AMGN. Because of street’s enthusiasm for the stock, we will manage the trade by scaling out on dips and scaling in on spikes up. www.thearorareport.com THE ARORA REPORT, Ltd.

BUY TO COVER $MLM RIGHT HERE AT $76.11

July 8, 2009

Our long time readers know that we dissect money flows in several ways to gain insight. Even in an overall weak market, up volume/down volume in MLM (Martin Marietta Materials Inc ) was 1.21 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 .

TAKE MORE PROFITS ON OUR SHORT OIL POSITION RIGHT HERE AT $60.05 $CLQ9 AND $USO

July 8, 2009

We will continue to take partial profits and tighten the stops if oil continues to fall. 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 .

TAKE PARTIAL PROFITS AND TIGHTEN STOPS ON ALL OUR SHORT POSITIONS $ $$

July 8, 2009

We have substantial profits in our short positions. Our fundamental thesis has not changed on any of these positions and our analysis shows that more gains are likely. However, in keeping with our methodology of not letting gains slip away, conservative accounts may consider taking partial profits here and tightening the stops on the rest of the position. Aggressive accounts may consider tightening stops on partial positions and keeping somewhat wider stops on the rest. 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

TAKING MORE PROFITS ON OUR SHORT OIL POSITION AT $60.6 AND TIGHTENING STOPS ON THE REST $CLQ9 $USO $CL_F

July 8, 2009

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 .

EIA RAISES WORLD OIL DEMAND $CLQ9

July 7, 2009

Based on EIA raising world demand, taking more profits right here around $62.70 and tightening stops on the rest on our short oil position 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 .

LAMPERT VALIDATES OUR CALL ON $AZO, $ORLY AND $AAP

July 7, 2009

In the past three weeks, Lampert and his key investors sold more than $538M in AutoZone . We are still short on $AZO and its competitors. The latest argument advanced by supporters of these stocks is that reduction of dealers by GM and Chrysler benefits these stocks. Such Gurus claim that the dealerships being cut are closing, leaving their customers in a lurch and such customers will go to these outfits. Our checks show that such Gurus have been making these pronouncements without checking the facts. Every single car dealer being cut that we have spoken to is staying open

TAKING MORE PROFITS ON OIL $CLQ9 $USO

July 6, 2009

We are short on oil from $71.70. Taking some profits here at $64.16 and tightening stops on the rest 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 .