Friend Trump turns Bully Trump. That, it seems, has been the story of August. Last month, I said what goes up must come down, and the reasons—only God knows. Now, I suspect Mr. Market might also know a thing or two. It just doesn’t always become apparent to us mere mortals. Suddenly, Trump seems…
What goes up must come down—especially in the markets. Reversion to mean isn’t a theory, it’s just how the world works. After running up for the last couple of months, when it had every reason to stop but didn’t, the market seems to have remembered that it can fall too. Why now? Honestly—God only…
This year has been an eventful one. Since I started this series in January, every month has seen something new. In the first month update, I mentioned that there were three events that could’ve moved the market positively – the budget, the rate cut, and BJP winning Delhi; still the market didn’t budge. We…
Another eventful month. The biggest news of this month was that we had a war with Pakistan. The war was short, and the ceasefire arrived in just three days. From the market’s perspective, it mostly held during those three days. And once the ceasefire was announced, it bounced strongly. The below chart shows the…
What a month we have had? At the start of my last month’s update I had written – “as if Nifty 50 has made an interim bottom near 22,000 for the time being and will consolidate for some time in the current range”. This belief was almost immediately tested by “Trumponomics” and the game…
This is the second update on the three strategies we put into play at the start of the year. The market has recovered a bit between the last month and this month. It seems as if Nifty 50 has made an interim bottom near 22,000 for the time being and will consolidate for some…
We are in a bearish market. In a bull market, any positive news is a trigger for further climb. That news might not necessarily be news either. Just the rumour of a positive development will do. However, when we are in a bear market, real positive news also gets absorbed by the market without…
Dear Readers, this is something that I have been wanting to do for quite a while. The idea germinated on India’s 75th Independence day. This was the day when India entered Amrit Kaal – the twenty five years leading to 2047, when India targets to be a developed nation. The thought was that if…