Earnings season is in full swing. In my backtesting, companies that report earnings above analysts’ consensus estimates tend to outperform the market. Here are three popular technology stocks that have reported blowout earnings so far this quarter. Only the data that is most important and has been historically reliable in the past is listed
In stock trading, twin practices have coexisted for ages. First, a large number of investors enter stop-loss orders to protect themselves. Second, such stop-loss orders become sitting ducks for some professionals. In the past, it was a common complaint that market makers and brokers tended to run the stops. These
Over the years, we have made a lot of money by focusing on the suppliers of components that go into new hot products. Opinions on the iPhone 5 and Apple AAPL stock may vary, but it is undeniable that Apple is going to sell millions of iPhone 5s. Some analysts
There is more than one way to skin a cat. To make money from Apple Inc., it is not necessary to buy Apple stock. Over the years, at The Arora Report , we have benefitted from the rich gold mine of opportunities that Apple /quotes/zigman/68270/quotes/nls/aapl AAPL +1.28% suppliers have offered.
After the close, Samsung announced $26 cash bid for SNDK. The offer is not contingent on financing. We believe there is a distinct possibility of a competing bod from Toshiba. On the other hand there is some antitrust risk in Samsung bid. On balance, we believe it is advantageous to
Recently, we warned against shorting SNDK and recommended buying SNDK around $13 due to possibility of a buy out. Today Korea’s ETimes reports that Samsung may be considering buying SNDK. Our sources indicate that report is true. Moreover, it makes sense. In keeping with our methodology to lock in profits
As our readers know, we have been very negative on SNDK and have made money shorting it. Today stock dropped $1.79 following cautious comments by Citi. Citi’s comments today are similar to our concerns provided to you long before Citi. It appears that there was fair amount of short selling
Using our methodology, all of our short positions with the exception of VMW, AMLN and RHBBY should have been covered by now. If not fully scaled out yet, we suggest aggressively covering AFFX, WFR, KEY, GE, ANAD, SNDK, AVID , IBN and MOT. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF
Wall street is underestimating the price pressures in flash memories and overestimating the demand. Further our proprietary indicators show that aggressive money is accumulating Sandisk. These bulls will be trapped and rapidly exit their positions after the earnings report. Build short positions in the $18 to $ 22 band. Cover