iCharts Discussions

[vinay28]

we are going to 5656 dear!

[ajayhkaul]

Just a few months back I practiced a simple technique which also was declared in this forum .If any major data is going to be announced just before that I took short positions and covered them after the data release with good profits. I got a success rate of 90 % in that trades. Even in the rest 10 % I got out at cost to cost 90% of times and booked minute losses for the rest…it is almost ignorable quantitatively.

Now the scene is exactly reversed.

RK you are well tuned to the market...earlier the market was bearish and was ready to react and even good news had little impact. Now the market seems to be ignoring bad news and rising and soon it will make people complacent.... and then the bear may return with some real bad news.

BTW remember that markets and bank stocks always rise whenever NPAs are ignored or banks are shut down. In US more than 400 banks were shut down and the DOW keeps rising. The reason is the QE by all governments as mentioned in K-cycles earlier.

[ajayhkaul]

A METHOD OF PICKING GREAT STOCKS :

Trader blues result from endless waiting for the horse you bet on to move his butt and you could actually be riding a donkey.

In fast trending markets , it is likely that most stocks will rise and your chimpanzee can also do it for you.

However, there are stealth moves by institutions that we need to catch even when markets may not be trending or when things are looking bleak.

The shortcut to finding great stocks is recognizing strength when it
reveals itself on a weak day in the stock market.

On a strong day, it's hard to separate strength from stocks getting
carried up with the tide.

The only ones that stay down are weak stocks.

Likewise, on a weak trading day, neutral stocks drift down, weak stocks
really get hit but the strong - well, the strong reveal themselves!

Not only do they go up, it's usually on above average volume.

This means that the big funds have been waiting for a buying opportunity
so that they can grab the stock without moving the price too much on
themselves.

They do it on a weak day because the public sells on weak days and the
more they can get away with, the more they buy.

So in this scenario, you will have a market that is down (ideally triple
digits) and a stock that is rising.

It will be trading above the average volume which indicates that
institutions are involved.

This stock can be expected to outperform the market for the next 2-4
weeks with an expected return of 10 to 12%.

If the market is exceptionally strong then that return could exceed 20%.

Not bad if you have limited time to watch your stocks but want the
benefits that come with being more "hands on" with your positions.



By using general market conditions to eliminate almost all of your
available options, you are simplifying the process.

It's an easy way to find great stocks.

When you combine successful stock picking strategies with proper
execution - the result is a very rewarding stock market experience.

[ajayhkaul]

Where the Market Stands; Where it’s Headed:

More and more market participants turning bullish. Lawrence Fink, the head of BlackRock Inc. (NYSE/BLK), the world’s largest money manager, said yesterday that investors should be 100% in stocks.

Stock advisors are turning more bullish each passing day. Of course, this is all very negative for the stock market—it usually does the opposite of what is expected of it.

The bear market rally in stocks could be forming a base here from which to make its final upward push before retiring for good.

[beowulf]

[ajayhkaul]

[beowulf]

[quote="AJAYHKAUL"][quote="beowulf"]

[vinay28]

"Millionaires don't use Astrology, Billionaires do"

J. P. Morgan

[vinay28]

Iran's President Ahmadinejad says Iran will, in the coming days, announce 'very important and very major' nuclear achievements ...

[ajayhkaul]

[ajayhkaul]

Reading between the lines ?? Co-related news?

First ECB starts printing

Next our market goes on steroids - now Indian govt boldly saying that latest GDP is pathetic . On dec 31 , no one wanted our stocks , and suddenly they are cheap ? what gives?

After 5 weeks of market rise , EU summit/ FTA (see below what EU wants)

Is there a link?

You be the judge:


NEWS 1 :The union government on Tuesday cut the growth estimate for the current fiscal year that ends in March to 6.9 percent from a revised forecast of around 7.5 percent issued in December, sharply below the 8.4 percent growth of the last fiscal year.

Still, the BSE Sensex is up nearly 15 percent this year while the rupee has risen about 8 percent from its 2011 close, with both clocking the sharpest gains in more than a decade.

An improved global funding environment, relatively attractive valuations of Indian equities and hopes for rate cuts by the central bank have lured foreign institutions. They are net buyers of $3.2 billion Indian equities this year after having sold $357 million last year.

"The rally at this stage may be more a reflection of foreign portfolio flows and an appreciation of the rupee," said Sanjay Sinha, a veteran fund manager who founded Citrus Advisors, an investment advisory firm.

"This in itself may be in an anticipation that the twin factors of a rate cut from April and bold economic policies may actually herald the resurgence of the economy. Therefore, data may follow but the markets may have rallied ahead of them."

Valuations at the end of 2011 were 12-13 times estimated earnings for the fiscal year that ends in March 2013, compared with a 10-year average of 15, said Rakesh Arora, managing director at Macquarie Equities Research in Mumbai.

The Reserve Bank of India (RBI) has signalled that it is finished raising interest rates after 13 increases between March 2010 and October 2011, to the relief of companies and banks. A rate cut is widely expected by the end of June, if not sooner.

The rupee's recovery has been fuelled in part by measures the central bank took to stabilize the exchange rate.


NEWS 2 NEW DELHI: India and the EU hope to resolve their differences over their proposed free-trade pact by the year-end.

"We have had frutiful discussions. There are obviously some problems but we are confident that these can and will be resolved," Prime Minister Manmohan Singh said at the India-EU summit on Friday.

The bilateral agreement aims to open up the Indian market to European cars and liquor while giving Indians easier access to job market of the 27-nation bloc.

The EU-India free-trade agreement is one of the biggest and most ambitious free-trade agreements ever negotiated...China daily

In recent months, India has been trying to strengthen trade ties with the European Union. However,according to analysts, this could seriously affect India’s ability to deliver the much-needed drugs to the world’s poorest if the contents of a trade agreement about to be signed are anything to go by. Negotiations between the two trade partners have already started.

Yesterday, top EU officials met with India’s prime minister in New Delhi in a summit meat to discuss the way forward.However, activists and health industry workers are worried that India may bow to demands from EU that include investor protection and strict intellectual property protection.

[ajayhkaul]

[quote="beowulf"][quote="AJAYHKAUL"]

[ajayhkaul]

Saturn's Ingress into Libra ( see post of Jan 22,2012 in this thread)

Inventions that were rumors during the transit of Saturn in Virgo are ready to come to market. When Saturn transits Libra the inventors put on their final artistic touches and include extra value to their product. Behind the scenes of bringing to the public a new product are a myriad of contracts, agreements, and financing deals. Initial Public Offerings will return to the stock exchanges. For example: Apple computer has Saturn in Libra in their IPO.


We have had social networking site IPOs --- Linkedin , Zynga , twitter and now Facebook

Just so we can keep track of this transit effects.

[vinay28]

but now the saturn is retrograde and we wait with fingers crossed and bated breath.

[rk_a2003]

May I ask M3 participants a specific question?! Why Tata steel moved up nearly 5% despite of announcing loss?

Normally in such instances price used to be go down.What is the reason for the contrary move?

While giving answers if space and time and market context is dealt with I will be happy.