Tag: Dow Theory

  • OPNewsletter Jul 2010 Up +8.3%

    We are on track for our 28th positive month of OPNewsletter phase-2, as of last Friday close OPNewsletter Jul 2010 portfolio is up +8.3% on the maximum investment of almost 60% of portfolio capital. We have started opening Aug 2010 portfolios and our first portfolio is already positive. Let’s talk consistency first, especially on trades…

  • OPNewsletter May +18%, June +5.3% (Open)

    Another turbulent and volatile period! Last week started with a huge gap up rally after EU announced a $1trillion bailout package but by weekend it was a different story. Now there are questions on how solid it was. The confidence barometer, Euro, is now 4 years low and maybe even headed for $ parity as…

  • Buckle-Up

    Time changes so quickly, what seemed almost impossible a few months back, just turned into reality and markets are no different. Who would have thought just a year back that Markets all the around world will be cut into half, who would have thought the massive destruction of personal wealth in such a short period?…

  • Watch Out for These Levels

    2 months back I shared big picture charts of Dow and SPX and even today, the picture is the same except that the risk is heightened. There is no strong buying in the market and markets just fall simply even due to the weight of selling. Though we are seeing intense selling, it is still…

  • Is it Beginning of Bull Market or a Bear Trap?

    We are witnessing extremely volatile markets. From the worst two-day drop since 1987 to the best two-day rally since ’87 – all in one month. Another fun fact is that US Markets had 1st 4days winning streak in last 6months. Too good to expect in such an environment. Albeit, the fact is that markets did…