Research

Protected: Global markets at critical juncture

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A banking stock at the verge of a huge breakout

This particular bank is on a multi-year breakout. A daily close above current levels(514) will reiterate the breakout. Disclosure: I do not hold any position in this stock but intend to load up once the stock closes above 514.

Bill Black’s testimony – take care of your jaws, could drop off

Is INR poised for a brisk move?

As can be seen from the weekly chart of INR, the currency has closed under the 200 period moving average after a period of consolidation. In Aug 2008, when INR went through a similar consolidation and closed above the 200 MA level, we saw a brisk 10% move (weakening of INR) in the next 2 […]

On Vacation

Im on a short holiday to Lake district. Will be back with market updates on Thursday.