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…
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…
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…
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…
We have seen a great bull and a mild bear market (which actually didn’t go as wild as it could have been) thanks to Greed and Fear of the Wall Street and those who packaged junk and guess what Wall Street is about to witness record revenue in 2009-10-recovery, thanks…