Kiss From a Rose
Rohit Srivastava
Founder @ Strike Money Analytics and Indiacharts | MBA in Finance, Market Analysis
Not Many could see it coming even as it was staring us in the Eye That is just how markets are. and as and as participants we chose to ignore facts when the going is good. But these are not times to be complacent they never were. The last few years of investing have been thematic at best A broad based portfolio did just about average if not worse. So while My views have been poor on the economy the only stocks I wrote about
were about a few sector themes were evident to me based on the markets I track closely. But as you have already see in my Long term wave Counts on the home page of Indiacharts I have marked the entire rise from the 2016 low as wave B. What does this mean? What are the implications of this for the market. Is it right to consider all the moves up from 2009 as a series of impulse waves? i discuss the nature of the moves and the implication of these wave counts for the Nifty Bank Nifty and the economic outlook, and how now more than ever the two are in tandem and obvious to all.All this in the Long Short Report that I published overnight.
Chart: Momentum Swing
It is a rare moment, because typically at or near a market high the economic data should be robust. So everyone has chosen to ignore it and dwell on the gains being made by buying and holding or even more with a simple SIP that will buy the dip.However there are many economic factors that charts can track and defend when it comes to taking the right side of the market. Like where are interest rates headed, what do bond prices tell us. Which asset class will be the best performing in the coming year. etc. With the last two reports Published in Aug and Sept. I have clearly thrown light on that. Where is the dollar headed and is it in a Bull market or Bear market plays an important role in global asset allocation and currency driven liquidity flows. So if you have not yet read the latest Long Short Report or the August report then you can access them online right now Click Here to sign up or renew you registration with us.
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