New Federal Reserve Chairman Jerome Powell has given his first testimony before the House Financial Services Committee. Investors who were listening carefully got a rare stock tip from him. Of course, you needed to be experienced at reading the tea leaves of Fed speak to get the tip. I’ll share
This post was just published on ZYX Buy Change Alert. Dropbox has filed to conduct an IPO. It will trade under the symbol DBX. Underwriters include GS, JPM, BAC and DB. Often our subscribers who are high net worth private investors, hedge funds, institutions and other money managers are able to
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
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
Tax reform is causing cross-currents in the stock market. There are five likely moves ahead that are of special note. The best way to know if buyers or sellers are winning as a result of those five moves is to look at money flows. So let’s look at money flows
With the Dow Jones Industrial Average topping 24,000 in a big rally this year, Dow 30,000 is now on the horizon. That was not always the case. In February 2017, when the Dow DJIA, was much lower, I laid out a fundamental case for the benchmark reaching 30,000. I was scorned,
This post was just published on ZYX Buy Change Alert. JPM is long from $34.14. It is trading at $100.33. JPM is the largest U. S. bank. Zones And Buy Now Rating The ‘Buy Now’ rating is a ‘YES’ and the buy zone is $88 to $95.57. The target zone is $130
This post was just published on ZYX Buy Change Alert. JPMorgan stock is long from $34.14. JPMorgan stock is trading at $96.55. JPMorgan reported earnings this morning. Earnings Headline The headline numbers are disappointing and below the whisper numbers. Digging Below The Surface JPM is a very large bank with multiple functions. The
The Arora Report’s forecast at the end of September that the stock market would rise at the beginning of October has proven to be correct. That forecast stemmed from a common-sense observation over the past 30 years that at the beginning of a quarter, new pension fund money pours into
It was 30 years ago this month. I had millions of dollars of my own money invested in the stock market. Other investors did too, and everyone was making money. On Oct. 19, 1987, the Dow Jones Industrial Average DJIA fell 22.6%. The S&P 500 Index SPX dropped 20.5%. It’s