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Global news/concerns: US market had a dead cat bounce day as it was highly oversold. In the process, it has broken out of a triangle in chart. In all probability, this is a temporary upmove which will be sold into eventually. Crude oil price has reduced giving comfort to Indian economy but then a higher…

Global news/concerns: US market had a bearish day post the holiday and there is follow-up selling observed everywhere. SP500 has broken an important support and futures are also trading lower now. Similarly, EU markets also seeing some selling pressure in anticipation of a more expensive winter ahead because of natural gas issue with Russia, even…

Global news/concerns: US market will be back on business after a break. But, the direction will be clearer once the European markets open. Technically, S&P500 is near a good support. Need to see whether the low of last trading session still holds good or not. As of writing this, world markets are looking strong. In…

Global news/concerns: US market still sell on rise. Even though, a cool off in job market is a good sign for inflation. Technically, S&P500 is near a good support. Need to see whether the low of last trading session still holds good or not. Note that 05-Sep is a US holiday. India news/concerns: In F&O…

Global news/concerns: US market took a pause on 29-Aug after a big down day. This was expected but still we have to see whether the downfall will resume or there will be a dead cat bounce. Any bounce will be sold off in US market. Recent trend in US market shows that a big down…

Global news/concerns: FED created a panic in the market through extra hawkish outlook on US economy which suggests of further rate cut in the time to come. 10 year old US bond rates have started reducing since more money have started flowing into bond market from stock market after FED’s statement. Need to see whether…