Subhankar

Failed Bearish Technical Setups Could Be Bullish Signals

Too much money is chasing stocks instead of being put to productive use. Consumer confidence is still lacking. Unless the fiscal stimulus is curtailed soon, another stock market bubble may be in the offing.

IBM's Footprint Is Strong in India

It is ironic that while top Indian software and services companies concentrated on the USA and Europe markets to procure outsourcing contracts, the IBMs and Accentures have been making inroads into India's nascent domestic software services market, beating the likes TCS and Infosys on their home grounds!

Chinese Equities Enter a Bear Market

In a blog post on Aug 9, the technical indicators led to my observation that the Shanghai Composite may have a bigger fall if the support at the 50 day EMA (around 3100) was broken.

The China index fell all the way to the 200 day EMA, from where it bounced up today (Aug 20, '09). So the bull rally in a longer term bear market seems to have survived for now.

Are Markets Taking a Breather or a Change in Direction?

The consensus opinion is veering towards an imminent fall in the stock market. Usually, the market does the opposite of the consensus opinion.

Friday Roundup: Commodities, Emerging Markets

Great set of charts. Pictures worth several thousand words.

Tata Motors: Value in India's Emerging Markets

Tata Motors is India's largest truck maker. Cars are not their main business. Their earlier attempt, Indica, was hardly an engineering marvel. Production of Nano is nowhere near full-scale and it may be a couple of years before they start churning out volumes. Profits from Nano won't cover the huge debt burden of buying Jaguar-Land Rover.

But India's economy is on the mend and truck sales have started to pick up. That is good news for the company and the shareholders. Some equity dilution can't be ruled out.

Analysts Get Caught Overly Bearish Again

In the short term, the market behaves like a voting machine - Graham said so, and I have no reason to disbelieve him.

Key Factors Driving the Market

'Money on the sidelines is a myth' - Dr John Hussman


On Jul 23 09:08 AM Roger Knights wrote:

> Don't forget money on the sidelines as a driver.

Rising NPAs of Indian Banks Not a Cause for Concern

Since a large number of Indian banks are owned and strictly regulated by the Central and State governments, the kind of mindless wild-west frontier mentality displayed by the US banks in introducing 'sophisticated' and esoteric derivatives did not happen.

But the rising NPA's - however small in percentage terms - will haunt the more adventurous banks, like ICICI, in the days to come, even if it doesn't push them towards insolvency. The stock market tends to favour banks with lower NPAs.

John Hussman: Mortgages and Unemployment Still Major Concerns

Logical and sensible viewpoint. Just the kind of opinion that Wall Street hates!

Keeping My Investments on Sidelines as Market Lacks Clear Direction

What is clearer than the Dow going below its 20 day, 50 day and 200 day EMAs? Surely, Monday's pullback notwithstanding, the Dow is "Southbound".

In India, Google Searches for Users with Print Ads

The print media in India has a wider and deeper reach than the Internet. The new government's policy is to increase the access to Internet in the hinterland. Google is probably trying to ensure that it stays top of mind.

Employment News a 'Downer' for Equity Markets

Technically, the Dow has gone below the 20 day, 50 day and 200 day EMAs. The 'new bull market' has flattered only to deceive.

Truly a Stockpicker's Market

I'm reminded of Mark Twain's quote about why it is sometimes better to remain silent.

Sidelined Cash Levels Remain High

'Cash on the sidelines' is an enduring myth in the secondary markets. I agree with 'Egg'. 'logicalthought' should think of another pseudonym. A re-reading of Dr John Hussman's articles on the subject is also recommended.