By Nigam Arora
Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers of The Arora Report.
Please scroll down for the section ‘Protection Bands and What To Do Now.’
$4.9T TRIPLE WITCHING BEHIND BIG STOCK RALLY, BOND SELLOFF CONTINUES, BOJ TO START SELLING ETF HOLDINGS
Sep 19, 2025
To gain an edge, this is what you need to know today.
$4.9 Trillion Triple Witching
Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).
Note the following:
- The chart shows the stock market continues to levitate well above zone 1 (support).
- RSI on the chart shows the stock market is overbought. Overbought markets are susceptible to a pullback.
- The chart shows the stock market made a new all time high yesterday.
- Yesterday, the stock market ran up on three reasons:
- Excitement over interest rate cuts
- Short squeeze
- Triple witching expiration to the upside ahead
- Triple witching is today. $4.9T notional value of derivatives will expire. In triple witching, index futures, index options, and stock options expire. Triple witching often leads to volatility.
- In The Arora Report analysis, after triple witching the stock market may potentially see some weakness next week unless there is positive news.
- When the Fed cut 50 bps in September 2024 and everyone expected long bonds to rally, The Arora Report made a contrary call. The Arora Report call was for yields to rise on long bonds. Subsequently, yields on long bonds rose significantly. The Arora Report calls on the Fed have been spot on for the last 18 years even though they are often contrary to the prevailing view when they are made. History is repeating, albeit much milder this time around. Yields at the long end are rising, and bonds are falling. The Fed controls the short term rates. In the absence of QE or yield control, long term rates are determined by the market. Long term rates are being driven higher by the Fed presumably cutting rates under political pressure, inflation, deficit spending in Washington, and rising national debt.
- President Trump and President Xi of China have a phone call this morning. Expect a positive spin after the call. The positive spin may bring in buying.
- As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report.
Japan
Bank of Japan (BOJ) actions are important to U.S. investors because of the carry trade. In the carry trade, investors have borrowed billions of dollars in Japan and invested the funds in U.S. securities.
BOJ left its policy rate at 0.5%, in line with consensus. There were two votes for an increase.
The most important development is that BOJ is planning to sell its holdings of ETFs and REITs. ETFs will be sold at a rate of JPY300B per year and REITs will be sold at JPY5.5B per year.
In The Arora Report analysis, stocks in Japan are coming under slight pressure due to the BOJ plan. Further in The Arora Report analysis, there is a strong potential for an interest rate hike in October. Depending upon the positioning at that time, an interest rate hike in Japan may bring some selling in the U.S. stock market.
Magnificent Seven Money Flows
In the early trade, money flows are positive in Apple (AAPL), Amazon (AMZN), Alphabet (GOOG), Meta (META), and Tesla (TSLA).
In the early trade, money flows are neutral in Microsoft (MSFT).
In the early trade, money flows are negative in Nvidia (NVDA).
In the early trade, money flows are negative in S&P 500 ETF (SPY) and positive Nasdaq 100 ETF (QQQ).
Momo Crowd And Smart Money In Stocks
The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade.
Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated.
Very Very Short-Term Indicator
The Arora Report’s proprietary very, very short-term early stock market indicator is ***. Remember today is a Friday and short squeezes tend to occur on Fridays. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades.
Gold
The momo crowd is *** in gold in the early trade. Smart money is *** in the early trade.
For longer-term, please see gold and silver ratings.
Oil
The momo crowd is *** oil in the early trade. Smart money is *** in the early trade.
For longer-term, please see oil ratings.
Bitcoin
Bitcoin (BTC.USD) is seeing buying.
Markets
Interest rates are ticking up, and bonds are ticking down.
The dollar is stronger.
Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens.
S&P 500 futures are trading at 6703 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6700, 6500, and 6256.
DJIA futures are up 48 points.
Gold futures are at $3680, silver futures are at $42.22, and oil futures are at $62.93.
Arora Protection Band And What To Do Now
It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market.
Traditional 60/40 Portfolio
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
U.S. VS. CHINA – NVIDIA HELPS COMPETITOR INTEL, HUAWEI ROADMAP TO CHALLENGE NVIDIA; MARKET DISCOUNTS FIVE CUTS
Sep 18, 2025
To gain an edge, this is what you need to know today.
U.S. Vs. China
Please click here for a chart of Intel stock (INTC).
Note the following:
- The Morning Capsule is about the big picture, not an individual stock. The chart of INTC stock is being used to illustrate the point.
- The chart shows INTC stock has jumped about 30% on the news that Nvidia (NVDA) will invest $5B in Intel and co-develop chips.
- The chart shows that INTC stock has broken out.
- The chart shows INTC stock is nearing zone 2 (resistance).
- RSI on the chart shows INTC stock is overbought. Overbought stocks are susceptible to a pullback.
- The chart shows the Arora buy zone helped investors to accumulate INTC stock near the lows. The chart also shows the Arora signal to take advantage of the 30% jump today to take partial profits. The Arora Report methodology provides the optimum combination of letting profits run over the very long term, tactically taking advantage of opportunities to book partial profits, trade around positions, short term trades, and dynamic hedging.
- Nvidia and Intel have partnered to co-develop many generations of data center and PC products. Intel will build custom CPUs and Nvidia will integrate them into its AI platforms. Additionally for personal computers, Intel will build circuits integrating Nvidia hardware.
- Earlier this year, we shared with you Chinese tech company Huawei was taking market share from Apple (AAPL) in the smart phone market in China. Huawei is now challenging Nvidia. Huawei announced a new supernode computing cluster for AI that completely bypasses Nvidia’s chips.
- In The Arora Report analysis, Huawei’s roadmap and Nvidia’s investment in Intel sets up the contour of how the U.S. and China are on a path to develop separate ecosystems for AI.
- In The Arora Report analysis, these developments are negative for Advanced Micro Devices (AMD). AMD will face stiffer competition from both Intel and Nvidia. The increased competition will be on multiple fronts including PCs.
- In The Arora Report analysis, these developments are also negative for Taiwan Semiconductor (TSM). Taiwan Semiconductor has been manufacturing Nvidia chips. Now Taiwan Semiconductor will face real competition from Intel.
- In The Arora Report analysis, after the rate cut yesterday, the stock market is now discounting five more interest rate cuts – two this year and three next year. The political pressure from President Trump may indeed result in five or more cuts. Prudent investors need to be concerned that inflation is still above the 2% target, running around 3%. Rate cuts have the potential to stoke inflation.
- Initial jobless claims came at 231K vs. 245K consensus.
- Leading indicators will be released at 10am ET and may be market moving.
- As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report.
U.K.
The Bank of England (BOE) left interest rates at 4% and is taking a cautious stance of future rate cuts.
Magnificent Seven Money Flows
In the early trade, money flows are positive in Amazon (AMZN), Alphabet (GOOG), Nvidia (NVDA), and Tesla (TSLA).
In the early trade, money flows are neutral in Apple (AAPL), Microsoft (MSFT), and Meta (META).
In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ).
Momo Crowd And Smart Money In Stocks
The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade.
Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated.
Very Very Short-Term Indicator
The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades.
Gold
The momo crowd is *** in gold in the early trade. Smart money is *** in the early trade.
For longer-term, please see gold and silver ratings.
Oil
The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade.
For longer-term, please see oil ratings.
Bitcoin
Bitcoin (BTC.USD) is seeing buying.
Markets
Interest rates are ticking up, and bonds are ticking down.
The dollar is stronger.
Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens.
S&P 500 futures are trading at 6687 as of this writing. S&P 500 futures resistance levels are 6700 and 7000 : support levels are 6500, 6256, and 6131.
DJIA futures are up 20 points.
Gold futures are at $3691, silver futures are at $42.05, and oil futures are at $63.58.
REACTION TO THE FED – ‘MELT UP’ OR ‘SELL THE NEWS,’ CHINA BANS NVIDIA CHIPS
Sep 17, 2025
To gain an edge, this is what you need to know today.
Rate Decision Ahead
Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).
Note the following:
- The chart shows the stock market continues to reach new highs.
- The chart shows the stock market is levitating above support.
- RSI on the chart shows the stock market is overbought. Overbought markets are susceptible to a pullback.
- China’s internet regulator has ordered Chinese companies to stop buying Nvidia (NVDA) chips and cancel existing orders. According to China, the purpose of the ban is to reduce China’s reliance on the U.S.
- On September 15, we shared with you:
China is ratcheting up pressure on the U.S. using semiconductors as a pawn.
-
China says Nvidia violated China’s anti-competition law.
-
China has launched an anti-discrimination probe and also launched a dumping investigation into chips. This investigation is to look specifically at analog semiconductor companies. The most impacted companies are Texas Instruments (TXN), Analog Devices (ADI), and Microchip Technology (MCHP).
- After an initial drop, buying came into NVDA stock as the narrative spread that this was simply a negotiating technique and not a real issue. Now, China is raising the ante. Nvidia’s CEO Jensen Huang has responded by saying, “We can only be in service of a market if a country wants us to be.”
- In The Arora Report analysis, here is the main question: After the ban, will non-momo crowd investors still buy the narrative that this is a negotiating technique or will they believe that China is truly trying to reduce reliance on the U.S.? Momo gurus claim to know everything with certainty – expect them to come out in force saying that the ban is a negotiating tactic.
- The FOMC rate decision will be announced at 2pm ET followed by Fed Chair Powell’s press conference at 2:30pm ET.
- In The Arora Report analysis, here is the real question: Will the reaction to the Fed be a ‘melt up’ in the stock market or a ‘sell the news’ reaction? The momo crowd will most definitely buy stocks. Non-momo investors will be looking for clues of future interest rate policy before acting.
- The situation is further complicated because although the consensus is for a 25 bps cut, the Fed is under intense pressure from President Trump for a bigger cut. A 50 bps cut cannot be ruled out. A 50 bps cut will almost certainly bring extremely aggressive buying by the momo crowd. Non-momo crowd investors will be divided between two contrasting narratives:
- One narrative will be the Fed is now supportive of growth and it is time to buy stocks.
- The other narrative will be the Fed is giving into political pressure and that is a reason to sell stocks.
- Prudent investors should not get locked into any one opinion in any one narrative. Instead, consider objectively analyzing the new developments and segmented money flows. Based on objective analysis and the adaptive ZYX Asset Allocation Model, there may be a change in the Arora Protection Band. Adaptive means the model changes automatically with market conditions. Please click here to see how it is done. One of the secrets behind The Arora Report’s long term stellar track record is adaptiveness. In contrast, most models on Wall Street are static. They work for a while but stop working when conditions change.
- As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report.
Housing Starts
Housing start data came weaker than expected. Here are the details:
- Housing starts came at 1.307M vs. 1.375M consensus.
- Building permits came at 1.312M vs. 1.370M consensus.
Europe
In Europe, inflation is matching the European Central Bank’s (ECB) target. Here is the latest data:
- Consumer Price Index (CPI) came at 0.1% month-over-month vs. 0.2% consensus.
- CPI came at 2.0% year-over-year vs. 2.1% consensus.
- Core CPI came at 0.3% month-over-month vs. 0.3% consensus.
- Core CPI came at 2.3% year-over-year vs. 2.3% consensus.
Magnificent Seven Money Flows
In the early trade, money flows are positive in Microsoft (MSFT).
In the early trade, money flows are neutral in Apple (AAPL), Amazon (AMZN), and Alphabet (GOOG).
In the early trade, money flows are negative in Meta (META), Nvidia (NVDA), and Tesla (TSLA).
In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ).
Momo Crowd And Smart Money In Stocks
The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade.
Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated.
Very Very Short-Term Indicator
The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades.
Gold
The momo crowd is *** gold in the early trade. Smart money is *** in the early trade.
For longer-term, please see gold and silver ratings.
Oil
API crude inventories came at a draw of 3.42M barrels vs. a consensus of a draw of 1.6M barrels.
The momo crowd is *** oil in the early trade. Smart money is *** in the early trade.
For longer-term, please see oil ratings.
Bitcoin
Bitcoin (BTC.USD) is seeing buying.
Markets
Interest rates and bonds are range bound.
The dollar is stronger.
Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens.
S&P 500 futures are trading at 6663 as of this writing. S&P 500 futures resistance levels are 6700 and 7000 : support levels are 6500, 6256, and 6131.
DJIA futures are up 52 points.
Gold futures are at $3706, silver futures are at $42.00, and oil futures are at $64.27.
CONSENSUS NOW AT THREE RATE CUTS THIS YEAR, MONEY MOVING INTO SILVER
Sep 16, 2025
To gain an edge, this is what you need to know today.
Money Flowing Into Silver
Please click here for a chart of silver ETF (SLV).
Note the following:
- The chart of SLV is a monthly chart to give you a long term picture.
- The chart shows silver’s breakout above the support zone.
- The chart shows September is on track to be the fifth consecutive positive month for SLV.
- The chart shows the move in silver is the biggest run up since 2020.
- The chart shows the trader magnet in SLV.
- RSI on the chart shows that silver is overbought. Overbought ETFs are susceptible to pullbacks.
- The chart shows the buy zone from where many members of The Arora Report are long silver. Silver ETF SLV is in the ZYX Buy Core Model Portfolio.
- The gold to silver ratio, or simply put the number of ounces of silver needed to buy an ounce of gold, is currently 86. The average over the last 20 years is 70. The gold to silver ratio is higher than it has been at historical points of the Fed easing. In The Arora Report analysis, silver is undervalued at this time relative to gold.
- Money is aggressively flowing into silver. Money is also aggressively flowing into gold. Gold futures have crossed $3700. Gold ETF GLD is in the ZYX Allocation Model Portfolios. The Arora Report gold ratings are followed by individual investors, hedge funds, bullion deals, and jewelers all across the globe. Members of The Arora Report can access The Arora Report’s gold ratings from the main menu of the Real Time Feeds. At times, The Arora Report calls have moved gold. As an example, here is a story by Business Standard, the Wall Street Journal of India, highlighting that an Arora call created ripples in the bullion market.
- The plan is to start trade around positions in gold, silver, and precious metal miners on a pullback.
- One of the reasons for money flowing into silver and gold is investors’ expectations of rate cuts. The Wall Street consensus is now that the Fed will cut interest rates by 25 bps tomorrow and 25 bps twice more this year. Some market participants are expecting a 50 bps rate cut tomorrow.
- The Senate confirmed Stephen Miran to the Federal Reserve Board. He had been serving as the Chair of the White House Council of Economic Advisers. Miran will attend the FOMC meeting that starts today. This is creating positive sentiment in stocks and bonds. In The Arora Report analysis, the expectation is that Miran will push very hard for much bigger interest rate cuts than the market currently anticipates.
- The Fed’s interest rate decision will be announced tomorrow at 2pm ET followed by Fed Chair Powell’s press conference at 2:30pm ET.
- We shared with you in yesterday’s Morning Capsule:
President Trump is coming out against companies issuing quarterly earnings. President Trump favors earnings releases every six months. He indicated it will save money and also help companies take a longer term perspective. In Europe, companies already report on a six month basis.
- The SEC has announced that it is prioritizing a proposal to permit companies to report earnings every six months.
- Prudent investors closely watch retail sales data as the U.S. economy is 70% consumer based. Retail sales came stronger than expected. Here is the latest retail sales data.
- Headline retail sales came at 0.6% vs. 0.3% consensus.
- Retail sales ex-auto came at 0.7% vs. 0.3% consensus.
- As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report.
Magnificent Seven Money Flows
In the early trade, money flows are positive in Amazon (AMZN), Alphabet (GOOG), Meta (META), and Tesla (TSLA).
In the early trade, money flows are neutral in Apple (AAPL) and Microsoft (MSFT).
In the early trade, money flows are negative in Nvidia (NVDA).
In the early trade, money flows are neutral in S&P 500 ETF (SPY) and positive in Nasdaq 100 ETF (QQQ).
Momo Crowd And Smart Money In Stocks
The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade.
Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated.
Very Very Short-Term Indicator
The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades.
Gold
The momo crowd is *** gold in the early trade. Smart money is *** in the early trade.
For longer-term, please see gold and silver ratings.
Oil
The momo crowd is *** oil in the early trade. Smart money is *** oil in the early trade.
For longer-term, please see oil ratings.
Bitcoin
Bitcoin (BTC.USD) is range bound.
Markets
Interest rates are ticking up, and bonds are ticking down.
The dollar is weaker.
Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens.
S&P 500 futures are trading at 6684 as of this writing. S&P 500 futures resistance levels are 6700 and 7000 : support levels are 6500, 6256, and 6131.
DJIA futures are down 53 points.
Gold futures are at $3726, silver futures are at $43.26, and oil futures are at $64.15.
NVIDIA BECOMES A PAWN IN U.S. CHINA TRADE TALKS, $1B MUSK TESLA BUY, TRUMP AGAINST QUARTERLY EARNINGS
Sep 15, 2025
To gain an edge, this is what you need to know today.
Semis Become a Pawn
Please click here for a chart of Nvidia stock (NVDA).
Note the following:
- The Morning Capsule is about the big picture, not an individual stock. The chart of NVDA stock is being used to illustrate the point.
- The chart shows NVDA stock has fallen below zone 1 (resistance).
- The chart shows NVDA stock may be in the process of filling the gap.
- NVDA is one of the most important stocks for this stock market due to its heavy weight in indexes.
- The chart shows the volume has been persistently lower than the past. This indicates that most investors who are going to buy NVDA stock have already bought. New investor demand will need a new trigger.
- In The Arora Report analysis, the next big trigger for Nvidia is a wider adoption of its platform for robots. If robots proliferate quickly and Nvidia chips become the standard for robot brains, Nvidia has a path to become an $8T company. If Nvidia is not successful with robots, once the present demand for data centers fades, Nvidia stock can be cut in half. It is important for investors to have access to objective analysis of new developments and forgo the hype in the media.
- China is ratcheting up pressure on the U.S. using semiconductors as a pawn.
- China says Nvidia violated China’s anti-competition law.
- China has launched an anti-discrimination probe and also launched a dumping investigation into chips. This investigation is to look specifically at analog semiconductor companies. The most impacted companies are Texas Instruments (TXN), Analog Devices (ADI), and Microchip Technology (MCHP).
- Tesla (TSLA) shares are jumping. Tesla CEO Elon Musk bought 2.5M shares of TSLA stock on Friday for about $1B. Musk is signaling his commitment to Tesla after the board approved a $1T pay package.
- In The Arora Report analysis, Tesla stock no longer trades on EV but trades on the future prospects of humanoid robots and robotaxis.
- President Trump is coming out against companies issuing quarterly earnings. President Trump favors earnings releases every six months. He indicated it will save money and also help companies take a longer term perspective. In Europe, companies already report on a six month basis.
- In The Arora Report analysis, President Trump is right that shifting to six month earnings will help companies have a slightly longer term focus. If quarterly earnings are changed to six month earnings, it will reduce the information available to the general public by 50%. Reduced publicly available information will give an advantage to members of The Arora Report and hedge funds, but it will be negative for average mom and pop investors. If earnings change to twice a year, the value of the information The Arora Report provides based on macro, money flows, and other factors will significantly increase.
- The stock market is awaiting the Fed rate decision that will be announced on Wednesday. President Trump is increasing pressure on the Fed saying, “‘Too Late’ must cut interest rates, now, and bigger than he had in mind. housing will soar!!!”
- As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report.
Magnificent Seven Money Flows
In the early trade, money flows are positive in Apple (AAPL), Amazon (AMZN), Alphabet (GOOG), and Tesla (TSLA).
In the early trade, money flows are negative in Meta (META), Nvidia (NVDA), and Microsoft (MSFT).
In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ).
Momo Crowd And Smart Money In Stocks
The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade.
Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated.
Very Very Short-Term Indicator
The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades.
Gold
The momo crowd is *** in gold in the early trade. Smart money is *** in the early trade.
For longer-term, please see gold and silver ratings.
Oil
The momo crowd is *** oil in the early trade. Smart money is *** in the early trade.
For longer-term, please see oil ratings.
Bitcoin
Bitcoin (BTC.USD) is range bound.
Markets
Interest rates are ticking down, and bonds are ticking up.
The dollar is weaker.
Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens.
S&P 500 futures are trading at 6660 as of this writing. S&P 500 futures resistance levels are 6700 and 7000 : support levels are 6500, 6256, and 6131.
DJIA futures are up 94 points.
Gold futures are at $3680, silver futures are at $42.53, and oil futures are at $63.
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Nigam Arora
Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing.

Dr. Natasha Arora
Dr. Natasha Arora has significant expertise in investment analysis especially biotech, healthcare, and technology. Natasha is a graduate of Harvard Medical School followed by a postdoc at MIT. She has published several peer reviewed research papers in top science journals.