Tuesday, March 15, 2016

Dow Jones is Pausing - Fed Rate Hike in Focus

Like I said yesterday, Dow Jones needs to take pause from its Bull run. You may check it here. And today Dow is likely to do just the same. There may be many reasons, like oil slipping due to unlikely production freeze, Fed likely to raise rates or even Bank of Japan maintaining status quo in rates. Whatever reason you may like to ascribe, it is certainly not the time to take definite trading decision to enter trade in US markets.

Now let me be candid about what you may expect from US markets in this week. You can expect wild intraday swings with false break-outs on both sides. This is definitely not what you would like to happen to your new trades, unless you can be very nimble footed in intraday trades.

That is why I would suggest that no new trades should be initiated in US markets now. I will give a  clear indication to enter into trade again, like I did in this post. Hence it is important that you keep watching this space to initiate trade again in US markets, so as to enjoy clear hassle-free profit

Monday, March 14, 2016

What will Dow Jones do Next- Remember Trend Up Needs to Pause

Dow Jones has to take a breather. And why not? It has just run up 700 points almost at a trot. It did this swift bull run in flat 15 days. But if you count the trading days, it is only 12 days. That is when I gave the call to buy on 25 Feb 2016. Check it out here.

However if you see the total bull run of about 1200 points in Dow, it took just 20 trading days. That of course I could not spot. When I did spot the continuation, Dow Jones had already run up 500 points.

Now I am advising that one should stay away from trading in US markets. Let the dust settle down. Dow may go up a little but there is no certainty. There are plenty of dangers lurking there. So the sane thing would be to wait out this uncertainty.

Be certain though that when there is clear chance of making money in US markets again, I shall give the call right here. So keep watching this space.

Saturday, March 12, 2016

Dow Jones Achieves Target- Profitable Recommendation for 700 Points

My last post on 25 Feb 2016 was an exhortation to trade the US Market. I had suggested that there will be an upward movement of 700 points in Dow Jones. Time frame given was 15 days for Dow to gain 700 points and reach level of 17200. Yesterday ie 11 Mar 2016, Dow Jones closed at 17213. Here's the link to my last post

At the time of writing my last post on 25 Feb 2016, experts were talking of global meltdown and hence my recommendation of 700 point jump in Dow Jones within 15 days would not have gone down well with my audience. But I hope some one would have still acted on my advice and made good profits.

Stay tuned for more such profitable tips.

Thursday, February 25, 2016

Dow Jones Ready to Jump Higher

MarketWatch is screaming with headlines

But don't get carried away with such headlines. It is surely time to start accumulating select stocks in US market. Whatever happens, from here Dow Jones is poised to reach for higher levels.

If Dow closes in green today, then be sure to see a move of at least 700 points in Dow. This move of 700 points northwards in Dow will be completed within 15 days. That means that if Dow closes in the green today, then one can safely trade for very short term for a level of 7200 in Dow.

So let me know through your comments whether you have been able to profitably trade on the long side in US Markets.

Good Luck to your profitable trades!

Thursday, November 13, 2014

US Equity Markets Topping Out - Short Sell To Realize Profit

US equity markets have risen fast and furious in the last fortnight. Dow had closed yesterday at record high of 17612 and looks strong to rise even further. In my very first blogpost I had given the target of 18000 for Dow when Dow was sliding towards sub-16000. Though 18000 has not been achieved in Dow, right now I am of the opinion that its high time to short the US market for some handsome gain. The reason is that US markets are clearly making a top. Maybe an intermediate top, but topping pattern is sufficiently evident in Dow. And that is the reason for traders to go short and make money.

But what if I am wrong? Well the fact of the matter is that this kind of distribution can be sustained only for maximum another couple of hundred points if we are following Dow. In other words if Dow doesn't sell off from present level then it will certainly sell off within 200 points. That means the sell off zone for Dow is between 17600 to 17800. Hence traders in US equity markets need to take short positions now and rake in handsome profit.

For traders in Indian equity markets, this is the signal to go short. You can short all front-line stocks with gay abandon, especially the banking sector. As the US markets sell off there will be contagion effect in Indian markets. Decoupling is still quite some years away, so go short as US markets are topping out.