Category: Worldwide Markets
-
Where is NIFTY (NSEI) Headed?
Where is NIFTY (S&P CNX NIFTY NSEI) headed? Well, no one has that answers else they wouldn’t be trading. It’s all about “What ifs” and probability of those likelihoods. This post tries to paint what are the possible outcomes in the short run and how could you trade those? Let’s cover some macro economic perspective first…
-
Is it The Time to be Bullish?
I mentioned that I won’t go long until S&P can close above $1,344. Yesterday, S&P close comfortable above 1,344. Additionally, there was another bullish signal based upon Dow Theory i.e. both Dow Industrial and Dow Transport closed at new high since Mar’09 bottom. So the market might be entering into another bull leg, probably the last leg…
-
Time Is Now, Not Later
It was start of winters in Kobe, Japan. While sipping coffee in a “Gaijin” restaurant in Sanomiya , I was thinking “this is irrational”. How could money making be so easy for everyone that I talk to me but for myself? Even the coffee-shop owner was giving me tip which is the next .com I…
-
How to Trade Possible Rebound in Egypt stock Market?
Egypt is going though probably the most challenging period of its recent history. The developments in the country are being watched closely by almost everyone. EGX-30 (Egyptian stock market barometer) is down over 20% during the last few weeks (close on Jan 27). The CDSwaps are rising. Moody’s has just downgraded Egypt’s bond rating from…
-
A Look at India’s Stock Market via NIFTY
India’s NIFTY (S&P CNX NIFTY- .NSEI), different from India’s famous Sensex is an index of India 50 blue chip corporation. It covers 23 sectors of the Indian economy and offers investment managers exposure to the Indian market in one portfolio. The S&P CNX Nifty stocks represent about 60% of the total market capitalization of the National…
-
Where are we heading?
It was a poor day for US Stock markets. The down volume was 92% and it was soon after a 90% up day on Friday. When this happens, “usually” it is not a good sign. There are tons of technical indicators and each of those has rationale expectations. What I am sharing is “experience”, and…
-
Just What I Said
What a week that it was!! It’s very easy to say “just what I said” and pat your shoulder but the tough part is to say now what’s next? How do I benefit from what’s coming? I shall share what I mentioned to OPNewsletter members last week– So fireworks happened in the afternoon trading… …today is…
-
This Time is Different?
In order to share current market conditions, I borrowed this title from an excellent book “This Time Is Different: Eight Centuries of Financial Folly by Kenneth Rogoff and Carmen M Reinhart”. If you haven’t read it, I shall suggest that you get a copy and read it. Let’s get to the business. If by June…
-
Is the Correction Over?
Is this correction over? Probably a trillion dollar question that is going through everybody’s mind! The irony is that whoever has the crystal ball to answer this, probably doesn’t even need to answer this as he/she must have already achieved the market nirvana. Rest of us can only try or guess. Let me share my…