Month: February 2018

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Daily Big Picture – Global Cues Lift Investor Spirit; Sensex Regains 50-DMA

Today’s Action:

Key indices mirrored strength in global markets, as they started the day in green and held on to their gains. Broader indices also made merry in today’s trading session.

Daily Market Review:

After a gruelling correction last week, Indian markets started the holiday truncated week on a bullish note. Domestic fiscal reforms and a sell-off in the global markets have kept investors on their toes for the last few weeks. However, frontline indices displayed some strength today as evident by higher trading volumes observed on Nifty. Continue reading “Daily Big Picture – Global Cues Lift Investor Spirit; Sensex Regains 50-DMA”

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Why New Highs on Low Volume Can Halt a Big Run

In the stock market, a great company is like a Porsche car, and volume is the stock’s fuel. You can blather all day about the company’s potential, its fabulous new product, its incredible CEO and so on.

But if the company’s stock, after making a great run, begins to hit new highs on light or simply average volume, the stock will likely cease to act like a high-performance roadster. In fact, the stock may be beginning to put on the brakes on its spectacular run. Continue reading “Why New Highs on Low Volume Can Halt a Big Run”

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Weekly Big Picture – Weak Global Cues Keep Bears On Top

MARKET PULSE:

Status: Uptrend Under Pressure

Highlights:

One up and four down days

Weekly Market Review:

Bears continue to control the Indian market as the key indices observed some heavy sell off for the second consecutive week. The global volatility has kept the investors subdued as they resort to a conservative approach to investing. Continue reading “Weekly Big Picture – Weak Global Cues Keep Bears On Top”