Monthly Archives: April 2014

Triple top in bank nifty Advertisements

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Sell in May and Go Away? The multi year broadening top formation on the dow continues to be honoured despite the recent rally. Techs are underperforming ala 2000 suggesting an imminent break down in the nasdaq. Also dollar strength seems … Continue reading

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Nasdaq 2000 and Nasdaq 2014 parallels

Very similar sector rotation out of techs in 2014 as in 2000 that preceded the Nasdaq 2000 dot come crash.

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Reliance Power IPO in jan 2008, CPSE ETF in April 2014 another sign of a market top?

Major IPO’s like the reliance power IPO in 2008 and the now to be issued CPSE ETF have some striking similiraties in that both proved to be huge issues. The reliance power IPO was a drain on the secondary market in 2008 and signaled a … Continue reading

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Markets at Frenzied high risk low reward levels

Markets clearly not factoring in economic weakness ahead as indicated by recent crashes in base metal prices, the baltic dry index and precious metal prices. Indian mkts to return to gravity as the Modi trade is set to get unwound soon.

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