Tuesday, September 26th, 2017

The Super committee entrusted to cut debt spending 1.2 Trillion dollars has failed. Its deadlocked as expected and we are back where we were in August. Stocks have taken a cue in the past and will go down for few more days. Market does not like this kind uncertainty on top of European debt woes […]

This nice rally in October made the case for further upside to the market. The debt crisis in Europe seemed to end with 17 member Eurozone coming to the rescue with a $1.4 billion in aid package and giving a helping hand to Greece to avoid a disastrous situation. But the Greek’s Prime Minister shocked […]

Here is what it looks this week as European debt crisis gets a fair shake by 17 Eurozone countries. Expecting some kind of long term solution at this point. As a result stock market rallies hard with leaders going up 10 to 15 points in today’s action. There is however resistance above with 200 day […]

Well we have good months and bad ones. Last 5 weeks the market has been on the side of bears. They have managed to take control again and head winds in the economy have helped their cause. The selling in the last 6 session has been non stop and we broke the 50 day moving […]