We are in for one of the very interesting times when dealing with stock markets. Yesterday broader markets closed above widely watched 200days moving averages. It was also a 90% volume up day but more importantly the volume was below average. So is it a “trap” to convince everyone that…
So far, past two days’ rally effort appears to reinforce that this is more of a 2-5 days technical rebound that occurs post a 90% Down Day (Friday’s sell-off). Today, Dow is rallying over 100 points and other indices are not too far behind. It remains to be seen if,…
So we had a wonderful > 1% rally yesterday? Isn’t it? Then why smaller cap cousin Russell 2000 (know as RUT) closed lower? What about the Trains, what happened to the Dow Transports? Why are they not moving with the Dow Industrials if everything is fine? or is it the…
Nearly 2 years back I wrote about a unique trading strategy- “Time Zone Trading Opportunity” where I provided examples linked to US, Singapore, Japan, Indian stocks markets and so on. The strategy still holds true and I have been using it quite successfully. However, one thing, indirectly has changed since…
I shared my thoughts time and again, about the TARP, PPIF and a lot that’s going on. You may wanna read this or this one on Banks’ windfall to review where is the interest of Tax Payers? Is the “creative accounting” meant to fulfill self-interest only? Here are key points…