Cautious about the Euro : etf FXE

 The  etf     FXE  which  tracks   the  EURO  is  diverging   away the   uptrend .   Let's  understand what it  means.

Utillities are NECESSARY !!!!

If  Utilities  are   necessary  for  a   common  man's   daily life  ,  Investors are  loving it   from  a     long term  holding perspective . Let's  learn more about it:

Diary of Stock World !!!!: It's a beautiful Emerging Markets Out there !!!

Diary of Stock World !!!!: It's a beautiful Emerging Markets Out there !!!

It's a beautiful Emerging Markets Out there !!!

  The     Emerging   markets  are  showing    immense  strength  and  greater  propensity     for upside     when   compared   to the  US  and other  developed  markets .
Let's  Analyse      How:

Crude Oil : Officially ina Downtrend

  Lets   take  a  look  the   ETF  USO   for  a  closer   look  at the    crude  oil  prices  trend . Above   one   is  a  2 year  weekly   duration  chart of the   ETF   .  Officially it's  started a  downtrend  . Lets  analyze it

Stocks that I love in today's Market :

 Now  that   Market  is  showing   a  little    bit   signs  of  upside   (  shown  by the  confirmation of my Advanced    P  & F  indicators )    , I  am  seeing    a few   stocks that  I am   loving today !!!
Lets  analyze  those  stocks  :

Dollar ETF and Index : Inverse correlation with the Stock prices.

•    The  dollar  ETf  UUP   and    Dollar  index  always  have an  inverse  correlation   with the  broad market  stock  prices  i.e. Dollar  goes Up  ,  stock   prices  go DOWN and  vise verse.  The  above  is  a   chart        clearly  depicting the  correlation   between  Dollar ETF  UUP  and   S & P  500  ETF  SPY .
• Let  us  analyse the  Dollar  ETF   UUP   closely
  
  

JJC : Copper Prices ETF , a leading indiactor of Economy

Copper prices are an indication of the industrial growth and hence a key factor for measuring economy strength. The ETF JJC tracks the copper prices. Let;s analyze this chart

Analysis of Housing Development Finance Corp. Ltd

• I love this  stock in BSE 30 index . Held  above the  UpTREND line. When  the  market   bounces  upside  this  is a   potential  BUY  after   sufficient technical confirmation.
  
  
  
  
  
  
  

Analysis of Jaiprakash Associates Ltd

 The  stock broke   the  Uptrend line.   Currently  on  Relative Strength   SELL… So  definitely  not  a BUY signal  stock Trim/reduce  you position    on every bounce you see kind of stock.

Analysis of Infosys Technologies Ltd. (INFOSYS-BY)

 I love this  stock   in BSE 30 index . Held  above the  UpTREND line. When  the  market   bounces  upside  this  is a   potential  BUY  after   sufficient technical confirmation.

Analysis of Tata Consultancy Services Limited (TCS-BY)

Analysis of Wipro Limited (WIPRO-BY)

I love this  stock in BSE 30 index . Held  above the  UpTREND line. When  the  market   bounces  upside  this  is a   potential  BUY  after   sufficient technical confirmation.

Analysis of Bharti Airtel Limited (BHARTIARTL-BY)

SELL the  heck out of it !!!   SELL  on   every bounce   you  see.    Don’t   even  think of   buying  it in the  near  future.

My intrepretation of VIX volatility index

  The   VIX  has  officially  started  the    UPTREND .     Here’s  how I see it :


  CANDLE STICK  TREND ANALYSIS   :

a.         The   moving  averages  has   aligned  in  the  perfect   alignment  of  20 day EMA > 30  Day  EMA > 50  Day  EMA >200  Day  EMA

b.        The    MACD  is  showing  a   positive  Divergence   of less  negative  lows  and   more  positive   highs. I    have  highlighted them  in the    picture  with  the  trendlines.

c.         We  see the  formation  of  a  broadening  which  usually in the context  of a  downtrend  signifies  trend reversal   i.e.  a shift  to    uptrend   thus   lower stock prices.

d.        Prices  are  following the  blue  UPTREND  Line  I    have  drawn.

     POINT  and  FIGURE    TREND ANALYSIS 

                           

a.        The  Bullish  Price  Objective  is  56    as   seen in the chart.

b.        Prices  Broke  the  long standing  RED   down  trendline which  started  back  March  '09   .Now  prices are supported  by  a new  UPTREND  blue  trendline.
c.   This   uptrend    seems   more  meaningful  this   day  when  compared  to all its   previous  attempts  because    Prices  made  a HIGHER  HIGH
d.     Advanced   P  & F    analysis   suggests that   VIX is   one  a relative  strength
BUY   wrt the    entrire  market   implying more  DOWNWARD  PRESSURE  for the  stock  prices.