The stock market has been going straight up. And a new signal has just been given, showing that it’s possible that you haven’t seen anything yet. Let’s start with a chart to understand this. Chart Please click here for the chart, which compares the S&P 500 ETF SPY, with momentum
The response to my last column, which warned of an ominous pattern in charts of big technology stocks, shows that while professionals are hedged against a decline, the average investor is full of bravado. The real question The real question for investors is what comes next — bloodbath or bliss.
Popular “FAANG” stocks suffered a blood bath Friday. FAANG stocks are Facebook FB, Amazon AMZN, Apple AAPL, Netflix NFLX, and Google GOOG, GOOGL. They’re known as a group because of their persistent outperformance as large-cap U.S. technology stocks. The technology bellwether Nasdaq Composite Index COMP, slid 1.8% on Friday, and the
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
Lower corporate taxes could supercharge the economy and boost company earnings Investors who have written to me are excited about President Trump’s proposed tax plan. The kicker is that any tax relief would come on top of good company earnings (so far) this earnings season. I’ve been asked for
This post was just published on ZYX Buy Change Alert. MU is long from an average price of $21.77. It is trading at $26.89 as of this writing. Partial profits have previously been taken as high as $29.60. It appears that one or more institutions are in possession of adverse information that is
This post was just published on ZYX Buy Change Alert. MU is long from $21.77. As of this writing the stock is trading at $30.14 in the pre-market. Raising the target zone $38 to $44. Trades posted on The Arora Report Market Blog have produced unrivalled performance since 2007. Please click here
This post was just published on ZYX Buy Change Alert. AMAT makes semiconductor manufacturing equipment. This has been one of the strongest stocks in Trump rally. AMAT is also in the Model Portfolio. Depending upon when and how you bought AMAT, you are looking at 79% to 150% return in about a
The fundamental case for Dow 30,000 during Donald Trump’s first term has strengthened as earnings season winds down. Interestingly, this is happening at a time when, from a technical perspective, the stock market has staged a successful breakout of low volatility since the election. Still, there are two danger signs,
Intel INTC, has been the king of servers, desktops and laptops. However, despite a massive effort, it has had a limited success in mobile, especially at Apple AAPL. For a semiconductor manufacturer, the biggest prize is to get into iPhone 7. Earlier today, Bloomberg published an enticing headline, ‘Intel Gets