Important Price levels to watch in 2011.
chanakya
01
Feb2011
An oft-repeated maxim is that real estate is one of the best long-term investments. For the better part of the last 60 years or so this certainly held true. In a typical “long wave” or 60-year Kress cycle, real estate benefits almost from the start of the inflationary leg of ... Read More
February 1, 2011chanakya
01
Feb2011
The bull market in Gold is in its 12th year (globally it began in 1999) but has yet to exhibit any “bubble-like” conditions. In fact, we still see many people referring to this bull market as “the Gold trade,” as if its an aberration that needs to be reversed or ... Read More
February 1, 2011chanakya
27
Jan2011
The latest round of economic numbers continues to impress Wall Street and is keeping hopes of a continued economic recovery alive. Many observers question, however, if perhaps the Fed is taking the recovery too far, too fast.
On Wednesday, the Commerce Department reported that new home sales ... Read More
January 27, 2011chanakya
26
Jan2011
Another one in the BUY zone on the model.
India ETF
The BUY signal strength on the model is pretty similar to the March 2009 lows depths.
Good thing about this model is I can now run it for any instrument including stocks, futures, ETF's - just it should have a multi-year history ... Read More
January 26, 2011chanakya
26
Jan2011
GLD is hitting a BUY levels based on Smartp Risk Model for GLD.
- From an entry point of view, one could wait for a double bottom on dailies or if one is aggressive enter on 1/26-27 with a STOP LOSS at the 124-126.21 band
- Next target on GLD is 141.5-142 ... Read More
January 26, 2011chanakya
25
Jan2011
There are many ways to measure market sentiment. We use surveys, put-call ratios, fund flows data and for commodities especially, the commitment of traders reports (COT). Lately, we’ve noted the improving sentiment picture for Gold. As a market weakens sentiment will naturally become less bullish. In this case, sentiment has ... Read More
January 25, 2011chanakya
23
Jan2011
Summary
Much like predicting the weather one year in advance, predicting the markets for one year is a game of probabilities and there are always a few likely possibilities that can act as road maps as the year progresses.
Stocks
The SPX should test the July 2010 lows near 1000 by the first ... Read More
January 23, 2011chanakya
21
Jan2011
In the Bible there is a reference to a “sin unto death.” In the realm of U.S. economic policy a situation is developing that could easily lead to a “death” of the current recovery. Ironically, this brewing economic destruction is springing from the same policies that are responsible for the ... Read More
January 21, 2011chanakya