Monthly Archives: August 2013

Need Congressional authorization on Syria: Obama

Aug 31, 2013, (update: 1.56 PM EDT) So, President Obama is as indecisive as ever. He says, the United States should take military action against Syria, BUT he will take Congressional authorization and that the attack can happen tomorrow, next … Continue reading

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Thoughts for the weekend

Aug 31, 2013   Especially in stock markets 🙂 So I’ll come back later to discuss what “tide” is taking shape in world markets. Till then, remember what Katharine Hepburn once said? “If you obey all the rules you miss … Continue reading

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US Markets today: A Breakdown in range?

Aug 30, 2013, (9:10AM EDT ) Welcome back to another exciting session in U.S. markets today! Some negative dose of economic news (Personal Income, Spending slightly lower than expected), but increase in the Dollar index and some more impatience on … Continue reading

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Indian Markets Today: Rupee in focus

30 Aug, 2013 (9:02AM IST) And the “real” trading starts in Indian markets now. Rally? What rally? Yesterday? Oh that was just short covering on F&O contracts’ expiration day. The real trend will start in markets now. And it will … Continue reading

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World Markets Today: Volatile on data heavy day

30 Aug, 2013, (8:49 AM IST) Aug 29, 2013, (11:19 PM EDT ) Welcome back for another volatile session in world markets today! If you watched U.S. markets’ last session like I did, you would have noticed that markets bulls … Continue reading

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US Markets today: Jobless claims drop, Dollar zooms!

Aug 29, 2013,( 8:58AM EDT) Great news for pro-tapering crowd!  (read bears like me *hehe*). The U.S. GDP numbers have come better than expected and, as CNBC put it, the QE3 tapering talk has received a boost with it. Also, … Continue reading

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Indian Markets Today: Rupee, F&O expiry in focus

29 Aug, 2013, (Update: 6:33PM IST) Did Indian markets rallied today? Really? Or was it short covering on F&O contracts’ expiration day? Wait for next couple of sessions; the real trend will become clear. (Earlier: 8:55 AM IST ) And welcome … Continue reading

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US Markets Today: Range bound trade

Aug 28, 2013, (update: 12:34pm EDT) So what’s happening buddies? Where are U.S. markets? What’s happening with the Dollar index? Eh? Did you ask where was I and what’s happening with me? Dude, I am having THE happiest birthday of my … Continue reading

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Indian Rupee crashes below 69 !

28 Aug, 2013 (5:44PM IST) Another -4% crash today for the Indian currency that has just crashed below 69! INR/USD currency pair has increased its fall after the closing bell in Indian markets and for the second straight day, has … Continue reading

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Indian markets Today: Will Rupee close below 67?

28 Aug, 2013 (update:   4:18PM IST) Did you book  profits when I had told you to? No? Good. Because that means markets neatly picked your pockets today (rubbing salt on greedy ones’ wounds *hehe*) Don’t worry, rupee again fell below 68 … Continue reading

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