Sunday, June 13, 2010

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  :

Tuesday, June 8, 2010

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

    Saturday, June 5, 2010

    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

    Tuesday, June 1, 2010

    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.