What a week that it was!! In the beginning it seemed like a continuation of a great run from last week, but later Dow, S&P, Russell and NASDAQ all finished sharply lower at -2.7%, -2.3%, -3.6%, and -3.4%, respectively. Primarily it was GE who spoiled Bull’s party. It is a bellwether stock and has diversified [...]

US markets are not making much progress for the past two days. Or is it the resting period before any major move? or is it waiting for any major economic indicator to support move in either direction?
Former Federal Reserve Chairman Alan Greenspan said the drop in U.S. home prices will probably end “well before” early [...]

Over the past five days the Dow gained over 3.0%, the S&P 500 over 4.0%, Nasdaq closer to 5.0%, and the Russell 2000 also over 4.0%. Clearly a bullish week. On weekly basis, OPN slightly underperformed as we added +5.8% more capital. Overall results for the week were +2.8% leading to a +7.7% gain [...]

Till last week, rather Monday, the sentiments were bearish. In fact very bearish. Then it was a BIG Tuesday. Index moved high and higher for the reasons which otherwise might have been considered bearish. Both UBS and LEH will dilute existing shareholder’s equity by offering shares. It was bullish as investors and traders alike thought [...]

An interesting week for the OPNewsletter as it grew from +1.3% last week to +4.9% this week resulting in +3.6% gains for the week while Dow, S&P, Russell and NASDAQ finished -1.2%, -1.1%, 0.3%, and 0.1% respectively. OPN has invested 66.34% of capital across 4 portfolios. 3 portfolios are positive and one is flat and [...]