The S&P 500 index has broken below the crucial psychological 2,000 level for the first time since late January. This is the biggest collapse in stocks since June 2013 (bigger than October’s plunge – which was only rescued by Bullard’s threat of QE4). What is perhaps most worrisome for the trend-followers – the S&P is… Read More »
The Highest-Earning Hedge Fund Managers & Traders
A strong dollar will slow exports Raising interest rates is only going to make the dollar—which has already been rising against other currencies—climb higher. That’s likely to make it harder for U.S. companies to export their goods around the world, where they are likely to see less demand anyway. What’s more, falling prices around the… Read More »
Tata Steel Positional/Swing Traders can use the below mentioned levels Close above 254 target 267/288 Intraday Traders can use the below mentioned levels Buy above 254 Tgt 256,259 and 262 SL 251 Sell below 250 Tgt 248,245 and 241 SL 252 Reliance Capital Positional/Swing Traders can use the below mentioned levels Close above 343… Read More »
Last week we gave the Chopad level of 18920 Bank Nifty did 1 target on upside and 3 target on downside rewarding disciplined chopad followers. Lets analyze how to trade market in coming week . Bank Nifty Hourly Bank Nifty need to sustain above 4×1 line and close above 45 degree line for bulls to… Read More »
FII’s bought 8.7 K contract of Index Future worth 435 cores ,4.7 K Long contract were squared off by FII’s and 13.4 K short contracts were squared off by FII’s. Net Open Interest decreased by 18.2 K contract, so today’s rise in market was used by FII’s to exit long and shorts in index futures .Happy… Read More »
Carried with care, coated with pride, dipped in love, fly in glory, moments of freedom in shade of joy. Proud 2 be an Indian!Happy Independence! The freedom fighters gave many slogans that motivated lakhs of Indians to join them in the freedom movement. Some of these slogans are worth recalling on the eve… Read More »
Here are two things that China’s government wants very badly: first, for its economy to remain on an even keel, keeping growth and employment high. Second, for its currency, the renminbi, to become a pre-eminent global currency that helps promote the country’s diplomatic goals and solidify the country’s centrality to the global economy. Frequently those… Read More »
Submitted by Michael Lebowitz via 720Global.com, Second Verse, Same as the First, a Little Bit Louder and a Little Bit Worse China surprised the financial markets on August 11, 2015 by devaluing their currency, the Renminbi (CNY), the equivalent of 2% versus the U.S. Dollar (USD). This is the largest daily move in the CNY… Read More »
Risk assets got back in the groove last week, as policy makers once again managed to keep spooky realities from coming out of the closet. Greece not only chickened out but also surrendered to Troika, in order to secure more debt from Euro zone to repay Euro zone and IMF. The fear of unknown has… Read More »